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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 657 · 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 ₹7100 at 10% per year for 5 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹1200 at 4% per year for 5 years (in ₹)?
  3. 3.A cricket kit costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹1800 and sells it for ₹1880. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹5200 at 10% per year for 2 years (in ₹)?
  6. 6.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1660. What is the profit (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 4 years (in ₹)?
  8. 8.A shopkeeper buys a table for ₹1450 and sells it for ₹1610. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1740. What is the profit (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7400 at 11% per year for 2 years (in ₹)?
  11. 11.A watch bought for ₹700 is sold for ₹595. What is the loss per cent?
  12. 12.A cycle bought for ₹300 is sold for ₹375. What is the profit per cent?
  13. 13.The price of a box of mangoes changed from ₹80 to ₹100. What is the percentage increase?
  14. 14.The price of a box of mangoes changed from ₹100 to ₹50. What is the percentage decrease?
  15. 15.A cooler costs ₹3700. It is sold at a 20% profit. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹7200 at 9% per year for 5 years (in ₹)?
  17. 17.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  18. 18.What is 40% of 440?
  19. 19.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹430. What is the loss (in ₹)?
  20. 20.A cricket kit bought for ₹900 is sold for ₹855. What is the loss per cent?
  21. 21.A cooler costs ₹3100. It is sold at a 25% loss. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2880. What is the profit (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3600 at 2% per year for 2 years (in ₹)?
  24. 24.What is the simple interest on ₹5000 at 2% per year for 3 years (in ₹)?
  25. 25.A watch costs ₹2600. It is sold at a 50% profit. What is the selling price (in ₹)?
  26. 26.A sewing machine bought for ₹3500 is sold for ₹2100. What is the loss per cent?
  27. 27.What is the simple interest on ₹4600 at 4% per year for 1 year (in ₹)?
  28. 28.A cycle costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
  29. 29.A mobile phone bought for ₹1900 is sold for ₹2470. What is the profit per cent?
  30. 30.A shopkeeper buys a table for ₹1900 and sells it for ₹1730. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹1250 and sells it for ₹1180. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹7400 at 6% per year for 3 years (in ₹)?
  33. 33.What is 55% of 360?
  34. 34.A shopkeeper buys a cycle for ₹550 and sells it for ₹290. What is the loss (in ₹)?
  35. 35.What is 40% of 160?
  36. 36.The price of a bus pass changed from ₹50 to ₹45. What is the percentage decrease?
  37. 37.What is the simple interest on ₹6900 at 11% per year for 1 year (in ₹)?
  38. 38.The price of a water bottle changed from ₹100 to ₹50. What is the percentage decrease?
  39. 39.The price of a cricket ball changed from ₹200 to ₹260. What is the percentage increase?
  40. 40.A cricket kit bought for ₹1200 is sold for ₹1560. What is the profit per cent?

Answer key

  1. 3550
  2. 1440
  3. 540
  4. 80
  5. 6240
  6. 210
  7. 9656
  8. 160
  9. 290
  10. 9028
  11. 15
  12. 25
  13. 25
  14. 50
  15. 4440
  16. 3240
  17. 20
  18. 176
  19. 120
  20. 5
  21. 2325
  22. 180
  23. 3744
  24. 300
  25. 3900
  26. 40
  27. 184
  28. 3024
  29. 30
  30. 170
  31. 70
  32. 8732
  33. 198
  34. 260
  35. 64
  36. 10
  37. 759
  38. 50
  39. 30
  40. 30

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