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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 691 · 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 ₹5700 at 6% per year for 2 years (in ₹)?
  2. 2.What is the simple interest on ₹9800 at 8% per year for 4 years (in ₹)?
  3. 3.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2800. What is the profit (in ₹)?
  4. 4.The price of a cricket ball changed from ₹20 to ₹30. What is the percentage increase?
  5. 5.What is 60% of 780?
  6. 6.A sewing machine costs ₹3500. It is sold at a 20% profit. What is the selling price (in ₹)?
  7. 7.A table costs ₹1300. It is sold at a 50% loss. What is the selling price (in ₹)?
  8. 8.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
  9. 9.What is 85% of 720?
  10. 10.What is the simple interest on ₹9500 at 5% per year for 2 years (in ₹)?
  11. 11.What is the simple interest on ₹2800 at 12% per year for 5 years (in ₹)?
  12. 12.The price of a cricket ball changed from ₹400 to ₹700. What is the percentage increase?
  13. 13.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2510. What is the loss (in ₹)?
  14. 14.What is the simple interest on ₹600 at 6% per year for 2 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹2100 at 2% per year for 4 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹9600 at 5% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹900 and sells it for ₹980. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a fan for ₹800 and sells it for ₹1050. What is the profit (in ₹)?
  19. 19.A fan bought for ₹700 is sold for ₹735. What is the profit per cent?
  20. 20.A watch costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹8900 at 11% per year for 5 years (in ₹)?
  22. 22.A cycle bought for ₹3400 is sold for ₹4250. What is the profit per cent?
  23. 23.The price of a cricket ball changed from ₹40 to ₹42. What is the percentage increase?
  24. 24.A table bought for ₹1400 is sold for ₹1568. What is the profit per cent?
  25. 25.The price of a water bottle changed from ₹100 to ₹130. What is the percentage increase?
  26. 26.A shopkeeper buys a fan for ₹2850 and sells it for ₹2950. What is the profit (in ₹)?
  27. 27.What is 10% of 580?
  28. 28.What is 20% of 300?
  29. 29.What is the simple interest on ₹3600 at 3% per year for 5 years (in ₹)?
  30. 30.What is the simple interest on ₹800 at 4% per year for 2 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹700 at 7% per year for 2 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1100 at 12% per year for 1 year (in ₹)?
  33. 33.A mobile phone costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹4700 at 9% per year for 1 year (in ₹)?
  35. 35.The price of a school bag changed from ₹100 to ₹99. What is the percentage decrease?
  36. 36.What is the amount (principal + simple interest) on ₹2100 at 11% per year for 2 years (in ₹)?
  37. 37.A table costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  38. 38.What is 20% of 280?
  39. 39.What is 85% of 180?
  40. 40.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹850. What is the loss (in ₹)?

Answer key

  1. 6384
  2. 3136
  3. 100
  4. 50
  5. 468
  6. 4200
  7. 650
  8. 20
  9. 612
  10. 950
  11. 1680
  12. 75
  13. 90
  14. 72
  15. 2268
  16. 10560
  17. 80
  18. 250
  19. 5
  20. 2640
  21. 4895
  22. 25
  23. 5
  24. 12
  25. 30
  26. 100
  27. 58
  28. 60
  29. 540
  30. 64
  31. 798
  32. 1232
  33. 180
  34. 423
  35. 1
  36. 2562
  37. 440
  38. 56
  39. 153
  40. 200

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