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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 68 · 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 ₹1100 at 5% per year for 4 years (in ₹)?
  2. 2.A cooler bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  3. 3.What is 85% of 540?
  4. 4.What is the simple interest on ₹6500 at 6% per year for 4 years (in ₹)?
  5. 5.The price of a box of mangoes changed from ₹100 to ₹98. What is the percentage decrease?
  6. 6.The price of a pair of shoes changed from ₹200 to ₹100. What is the percentage decrease?
  7. 7.What is the simple interest on ₹7100 at 7% per year for 2 years (in ₹)?
  8. 8.A cycle bought for ₹2100 is sold for ₹2625. What is the profit per cent?
  9. 9.A shopkeeper buys a watch for ₹1900 and sells it for ₹1660. What is the loss (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 4 years (in ₹)?
  11. 11.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2670. What is the loss (in ₹)?
  12. 12.A mobile phone costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
  13. 13.A watch costs ₹1300. It is sold at a 5% profit. What is the selling price (in ₹)?
  14. 14.What is 25% of 280?
  15. 15.A table bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  16. 16.What is 35% of 260?
  17. 17.What is the amount (principal + simple interest) on ₹900 at 4% per year for 4 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 1 year (in ₹)?
  19. 19.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2810. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 4 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 1 year (in ₹)?
  22. 22.A sewing machine bought for ₹3400 is sold for ₹5100. What is the profit per cent?
  23. 23.A sewing machine bought for ₹1800 is sold for ₹2016. What is the profit per cent?
  24. 24.What is the amount (principal + simple interest) on ₹9300 at 9% per year for 3 years (in ₹)?
  25. 25.A watch costs ₹3500. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.A cricket kit bought for ₹1800 is sold for ₹900. What is the loss per cent?
  27. 27.A cooler bought for ₹600 is sold for ₹900. What is the profit per cent?
  28. 28.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1430. What is the profit (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹4000 at 7% per year for 5 years (in ₹)?
  30. 30.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
  31. 31.What is the simple interest on ₹8200 at 10% per year for 3 years (in ₹)?
  32. 32.A table costs ₹3500. It is sold at a 20% loss. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 5 years (in ₹)?
  34. 34.What is 65% of 480?
  35. 35.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2650. What is the profit (in ₹)?
  36. 36.The price of a pair of shoes changed from ₹400 to ₹500. What is the percentage increase?
  37. 37.A watch costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
  38. 38.What is 95% of 80?
  39. 39.What is 35% of 860?
  40. 40.The price of a cricket ball changed from ₹400 to ₹500. What is the percentage increase?

Answer key

  1. 220
  2. 20
  3. 459
  4. 1560
  5. 2
  6. 50
  7. 994
  8. 25
  9. 240
  10. 9792
  11. 80
  12. 2816
  13. 1365
  14. 70
  15. 15
  16. 91
  17. 1044
  18. 7035
  19. 260
  20. 13824
  21. 6720
  22. 50
  23. 12
  24. 11811
  25. 3325
  26. 50
  27. 50
  28. 80
  29. 5400
  30. 60
  31. 2460
  32. 2800
  33. 6480
  34. 312
  35. 200
  36. 25
  37. 3230
  38. 76
  39. 301
  40. 25

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