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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 674 · 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 ₹2800 at 11% per year for 5 years (in ₹)?
  2. 2.A watch bought for ₹3300 is sold for ₹4125. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 5 years (in ₹)?
  4. 4.The price of a school bag changed from ₹250 to ₹275. What is the percentage increase?
  5. 5.A shopkeeper buys a fan for ₹2750 and sells it for ₹2530. What is the loss (in ₹)?
  6. 6.What is the simple interest on ₹1800 at 6% per year for 2 years (in ₹)?
  7. 7.The price of a school bag changed from ₹20 to ₹35. What is the percentage increase?
  8. 8.A watch costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
  9. 9.A mobile phone costs ₹3000. It is sold at a 50% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹650 and sells it for ₹370. What is the loss (in ₹)?
  11. 11.A mobile phone bought for ₹3100 is sold for ₹3720. What is the profit per cent?
  12. 12.A cooler bought for ₹1900 is sold for ₹2090. What is the profit per cent?
  13. 13.A table costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
  14. 14.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
  15. 15.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹720. What is the loss (in ₹)?
  16. 16.A table bought for ₹2000 is sold for ₹1600. What is the loss per cent?
  17. 17.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2920. What is the profit (in ₹)?
  18. 18.A cycle costs ₹1200. It is sold at a 20% loss. What is the selling price (in ₹)?
  19. 19.What is 85% of 360?
  20. 20.What is the amount (principal + simple interest) on ₹9000 at 11% per year for 1 year (in ₹)?
  21. 21.A cooler costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
  22. 22.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
  23. 23.What is the simple interest on ₹6500 at 7% per year for 2 years (in ₹)?
  24. 24.What is 5% of 1000?
  25. 25.What is the amount (principal + simple interest) on ₹9600 at 2% per year for 4 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹2400 at 9% per year for 3 years (in ₹)?
  27. 27.A shopkeeper buys a watch for ₹2250 and sells it for ₹2320. What is the profit (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 3 years (in ₹)?
  29. 29.A shopkeeper buys a fan for ₹1550 and sells it for ₹1800. What is the profit (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹600 at 6% per year for 3 years (in ₹)?
  31. 31.What is the simple interest on ₹4800 at 11% per year for 5 years (in ₹)?
  32. 32.What is 60% of 120?
  33. 33.The price of a pair of shoes changed from ₹40 to ₹24. What is the percentage decrease?
  34. 34.What is 65% of 960?
  35. 35.What is the simple interest on ₹600 at 5% per year for 5 years (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2480. What is the loss (in ₹)?
  37. 37.What is 15% of 320?
  38. 38.What is the simple interest on ₹7600 at 10% per year for 5 years (in ₹)?
  39. 39.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹1240. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a cooler for ₹750 and sells it for ₹1000. What is the profit (in ₹)?

Answer key

  1. 1540
  2. 25
  3. 3915
  4. 10
  5. 220
  6. 216
  7. 75
  8. 450
  9. 1500
  10. 280
  11. 20
  12. 10
  13. 595
  14. 10
  15. 30
  16. 20
  17. 170
  18. 960
  19. 306
  20. 9990
  21. 2875
  22. 50
  23. 910
  24. 50
  25. 10368
  26. 3048
  27. 70
  28. 1560
  29. 250
  30. 708
  31. 2640
  32. 72
  33. 40
  34. 624
  35. 150
  36. 170
  37. 48
  38. 3800
  39. 90
  40. 250

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