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Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 645 · 40 sums
TalentJR

The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.

NameDateTime takenScore ___ / 40
  1. 1.What is the simple interest on ₹4900 at 9% per year for 4 years (in ₹)?
  2. 2.What is 60% of 520?
  3. 3.What is the amount (principal + simple interest) on ₹3400 at 4% per year for 1 year (in ₹)?
  4. 4.What is the simple interest on ₹1600 at 5% per year for 1 year (in ₹)?
  5. 5.A cooler bought for ₹1400 is sold for ₹1568. What is the profit per cent?
  6. 6.A fan costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
  7. 7.The price of a pair of shoes changed from ₹80 to ₹40. What is the percentage decrease?
  8. 8.The price of a cricket ball changed from ₹20 to ₹38. What is the percentage increase?
  9. 9.What is the simple interest on ₹4500 at 3% per year for 2 years (in ₹)?
  10. 10.The price of a cricket ball changed from ₹25 to ₹10. What is the percentage decrease?
  11. 11.What is 20% of 460?
  12. 12.A cooler costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
  13. 13.A mobile phone bought for ₹1300 is sold for ₹1365. What is the profit per cent?
  14. 14.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
  15. 15.A mobile phone bought for ₹3100 is sold for ₹3720. What is the profit per cent?
  16. 16.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹530. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 1 year (in ₹)?
  18. 18.A watch bought for ₹3200 is sold for ₹2400. What is the loss per cent?
  19. 19.What is the simple interest on ₹2100 at 9% per year for 2 years (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹570. What is the profit (in ₹)?
  21. 21.What is 15% of 740?
  22. 22.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
  23. 23.A fan costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a table for ₹1350 and sells it for ₹1230. What is the loss (in ₹)?
  25. 25.A cricket kit costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹450 and sells it for ₹550. What is the profit (in ₹)?
  27. 27.A sewing machine costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?
  28. 28.What is 95% of 820?
  29. 29.A cooler costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹8900 at 8% per year for 3 years (in ₹)?
  31. 31.What is the simple interest on ₹7800 at 11% per year for 1 year (in ₹)?
  32. 32.The price of a cricket ball changed from ₹40 to ₹44. What is the percentage increase?
  33. 33.A mobile phone costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
  34. 34.The price of a cricket ball changed from ₹50 to ₹80. What is the percentage increase?
  35. 35.What is the simple interest on ₹6300 at 6% per year for 2 years (in ₹)?
  36. 36.A cricket kit costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹7600 at 11% per year for 5 years (in ₹)?
  38. 38.A cycle costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
  39. 39.What is the simple interest on ₹4200 at 12% per year for 5 years (in ₹)?
  40. 40.A table costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?

Answer key

  1. 1764
  2. 312
  3. 3536
  4. 80
  5. 12
  6. 3920
  7. 50
  8. 90
  9. 270
  10. 60
  11. 92
  12. 3145
  13. 5
  14. 10
  15. 20
  16. 270
  17. 10192
  18. 25
  19. 378
  20. 70
  21. 111
  22. 240
  23. 4875
  24. 120
  25. 1710
  26. 100
  27. 2000
  28. 779
  29. 1080
  30. 2136
  31. 858
  32. 10
  33. 4160
  34. 60
  35. 756
  36. 1020
  37. 4180
  38. 2240
  39. 2520
  40. 1200

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