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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 665 · 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 amount (principal + simple interest) on ₹3100 at 8% per year for 1 year (in ₹)?
  2. 2.A mobile phone bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  3. 3.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹910. What is the profit (in ₹)?
  4. 4.A cooler costs ₹2000. It is sold at a 20% profit. What is the selling price (in ₹)?
  5. 5.What is the simple interest on ₹2200 at 8% per year for 3 years (in ₹)?
  6. 6.The price of a school bag changed from ₹20 to ₹19. What is the percentage decrease?
  7. 7.A shopkeeper buys a watch for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹500 at 5% per year for 4 years (in ₹)?
  9. 9.What is 25% of 920?
  10. 10.A fan costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.A watch costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹8300 at 12% per year for 1 year (in ₹)?
  13. 13.A cycle bought for ₹2500 is sold for ₹2125. What is the loss per cent?
  14. 14.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1390. What is the loss (in ₹)?
  15. 15.A cycle bought for ₹2700 is sold for ₹3510. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹8200 at 7% per year for 3 years (in ₹)?
  17. 17.The price of a box of mangoes changed from ₹80 to ₹96. What is the percentage increase?
  18. 18.A cycle costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹5300 at 4% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1540. What is the loss (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 2 years (in ₹)?
  22. 22.What is the simple interest on ₹7400 at 7% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹200 and sells it for ₹240. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹3900 at 12% per year for 3 years (in ₹)?
  25. 25.What is 45% of 600?
  26. 26.The price of a box of mangoes changed from ₹200 to ₹20. What is the percentage decrease?
  27. 27.What is the amount (principal + simple interest) on ₹800 at 8% per year for 1 year (in ₹)?
  28. 28.What is 5% of 540?
  29. 29.What is 60% of 960?
  30. 30.A cooler costs ₹1800. It is sold at a 40% profit. What is the selling price (in ₹)?
  31. 31.A watch bought for ₹2100 is sold for ₹2940. What is the profit per cent?
  32. 32.What is the amount (principal + simple interest) on ₹9900 at 4% per year for 3 years (in ₹)?
  33. 33.The price of a box of mangoes changed from ₹100 to ₹50. What is the percentage decrease?
  34. 34.What is the amount (principal + simple interest) on ₹2600 at 10% per year for 2 years (in ₹)?
  35. 35.What is the simple interest on ₹3500 at 12% per year for 3 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 5 years (in ₹)?
  37. 37.The price of a bus pass changed from ₹20 to ₹36. What is the percentage increase?
  38. 38.A shopkeeper buys a table for ₹1400 and sells it for ₹1260. What is the loss (in ₹)?
  39. 39.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
  40. 40.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 5 years (in ₹)?

Answer key

  1. 3348
  2. 10
  3. 210
  4. 2400
  5. 528
  6. 5
  7. 210
  8. 100
  9. 230
  10. 4256
  11. 3060
  12. 996
  13. 15
  14. 210
  15. 30
  16. 9922
  17. 20
  18. 1200
  19. 5936
  20. 10
  21. 2040
  22. 1554
  23. 40
  24. 1404
  25. 270
  26. 90
  27. 864
  28. 27
  29. 576
  30. 2520
  31. 40
  32. 11088
  33. 50
  34. 3120
  35. 1260
  36. 3190
  37. 80
  38. 140
  39. 2
  40. 3720

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