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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 690 · 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 ₹5500 at 2% per year for 4 years (in ₹)?
  2. 2.What is 90% of 840?
  3. 3.What is the simple interest on ₹9700 at 12% per year for 1 year (in ₹)?
  4. 4.What is the simple interest on ₹10000 at 12% per year for 1 year (in ₹)?
  5. 5.A cooler costs ₹1700. It is sold at a 15% loss. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹3500 at 7% per year for 5 years (in ₹)?
  7. 7.A mobile phone costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
  8. 8.What is 45% of 920?
  9. 9.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
  10. 10.A watch bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  11. 11.What is 45% of 40?
  12. 12.A sewing machine costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
  13. 13.The price of a school bag changed from ₹400 to ₹392. What is the percentage decrease?
  14. 14.A sewing machine bought for ₹1600 is sold for ₹1408. What is the loss per cent?
  15. 15.What is the amount (principal + simple interest) on ₹6900 at 8% per year for 2 years (in ₹)?
  16. 16.A fan costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹1600 at 6% per year for 1 year (in ₹)?
  18. 18.A cooler bought for ₹2000 is sold for ₹2400. What is the profit per cent?
  19. 19.A shopkeeper buys a watch for ₹1550 and sells it for ₹1440. What is the loss (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8000 at 12% per year for 4 years (in ₹)?
  21. 21.A cricket kit costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹50 to ₹55. What is the percentage increase?
  23. 23.What is 95% of 820?
  24. 24.What is the amount (principal + simple interest) on ₹1600 at 9% per year for 1 year (in ₹)?
  25. 25.What is 35% of 680?
  26. 26.What is 5% of 600?
  27. 27.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹170. What is the loss (in ₹)?
  28. 28.A cooler bought for ₹2000 is sold for ₹1760. What is the loss per cent?
  29. 29.What is 25% of 440?
  30. 30.What is 65% of 120?
  31. 31.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
  32. 32.What is the amount (principal + simple interest) on ₹7400 at 12% per year for 3 years (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹950 and sells it for ₹1020. What is the profit (in ₹)?
  34. 34.The price of a school bag changed from ₹250 to ₹125. What is the percentage decrease?
  35. 35.The price of a box of mangoes changed from ₹100 to ₹105. What is the percentage increase?
  36. 36.A table bought for ₹3700 is sold for ₹4625. What is the profit per cent?
  37. 37.A watch costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
  38. 38.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
  39. 39.What is the simple interest on ₹2300 at 6% per year for 4 years (in ₹)?
  40. 40.A mobile phone bought for ₹1300 is sold for ₹1625. What is the profit per cent?

Answer key

  1. 5940
  2. 756
  3. 1164
  4. 1200
  5. 1445
  6. 1225
  7. 1260
  8. 414
  9. 20
  10. 5
  11. 18
  12. 425
  13. 2
  14. 12
  15. 8004
  16. 300
  17. 96
  18. 20
  19. 110
  20. 11840
  21. 450
  22. 10
  23. 779
  24. 1744
  25. 238
  26. 30
  27. 130
  28. 12
  29. 110
  30. 78
  31. 20
  32. 10064
  33. 70
  34. 50
  35. 5
  36. 25
  37. 3520
  38. 80
  39. 552
  40. 25

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