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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 660 · 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 ₹3800 at 12% per year for 5 years (in ₹)?
  2. 2.What is 40% of 560?
  3. 3.The price of a box of mangoes changed from ₹40 to ₹56. What is the percentage increase?
  4. 4.A fan bought for ₹4000 is sold for ₹4600. What is the profit per cent?
  5. 5.A cricket kit costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.A cycle bought for ₹3300 is sold for ₹1650. What is the loss per cent?
  7. 7.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹190. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2460. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹2200 at 11% per year for 2 years (in ₹)?
  10. 10.A watch costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹250 and sells it for ₹50. What is the loss (in ₹)?
  12. 12.A shopkeeper buys a table for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
  13. 13.The price of a pair of shoes changed from ₹40 to ₹4. What is the percentage decrease?
  14. 14.What is 10% of 620?
  15. 15.A sewing machine bought for ₹700 is sold for ₹735. What is the profit per cent?
  16. 16.What is the simple interest on ₹6400 at 10% per year for 3 years (in ₹)?
  17. 17.A cycle costs ₹3200. It is sold at a 10% loss. What is the selling price (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹3700 at 9% per year for 2 years (in ₹)?
  19. 19.What is the simple interest on ₹6700 at 12% per year for 4 years (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2400. What is the profit (in ₹)?
  21. 21.What is 15% of 640?
  22. 22.What is 95% of 640?
  23. 23.A shopkeeper buys a cooler for ₹950 and sells it for ₹660. What is the loss (in ₹)?
  24. 24.What is the simple interest on ₹3800 at 10% per year for 3 years (in ₹)?
  25. 25.What is 15% of 180?
  26. 26.What is 20% of 500?
  27. 27.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2420. What is the loss (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹2720. What is the loss (in ₹)?
  29. 29.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
  30. 30.The price of a cricket ball changed from ₹500 to ₹950. What is the percentage increase?
  31. 31.A mobile phone costs ₹1800. It is sold at a 15% profit. What is the selling price (in ₹)?
  32. 32.A cooler costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a fan for ₹950 and sells it for ₹1150. What is the profit (in ₹)?
  34. 34.A sewing machine costs ₹1300. It is sold at a 20% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹5100 at 9% per year for 1 year (in ₹)?
  36. 36.A cycle bought for ₹2300 is sold for ₹2760. What is the profit per cent?
  37. 37.A fan bought for ₹1200 is sold for ₹1320. What is the profit per cent?
  38. 38.A mobile phone bought for ₹2100 is sold for ₹2940. What is the profit per cent?
  39. 39.What is 45% of 860?
  40. 40.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 1 year (in ₹)?

Answer key

  1. 2280
  2. 224
  3. 40
  4. 15
  5. 1200
  6. 50
  7. 110
  8. 160
  9. 484
  10. 1050
  11. 200
  12. 240
  13. 90
  14. 62
  15. 5
  16. 1920
  17. 2880
  18. 4366
  19. 3216
  20. 300
  21. 96
  22. 608
  23. 290
  24. 1140
  25. 27
  26. 100
  27. 30
  28. 280
  29. 20
  30. 90
  31. 2070
  32. 5100
  33. 200
  34. 1560
  35. 459
  36. 20
  37. 10
  38. 40
  39. 387
  40. 6630

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