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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 692 · 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 80% of 1000?
  2. 2.What is the simple interest on ₹6700 at 12% per year for 4 years (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹2250 and sells it for ₹1980. What is the loss (in ₹)?
  4. 4.What is 35% of 160?
  5. 5.What is the simple interest on ₹3900 at 2% per year for 2 years (in ₹)?
  6. 6.What is the simple interest on ₹5000 at 12% per year for 3 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹3400 at 4% per year for 2 years (in ₹)?
  8. 8.A shopkeeper buys a fan for ₹450 and sells it for ₹640. What is the profit (in ₹)?
  9. 9.What is 40% of 500?
  10. 10.What is 10% of 140?
  11. 11.A sewing machine costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.A sewing machine costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a table for ₹2600 and sells it for ₹2890. What is the profit (in ₹)?
  14. 14.What is the simple interest on ₹3200 at 4% per year for 3 years (in ₹)?
  15. 15.What is 40% of 980?
  16. 16.What is the simple interest on ₹9100 at 4% per year for 5 years (in ₹)?
  17. 17.What is the simple interest on ₹1700 at 8% per year for 1 year (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 2 years (in ₹)?
  19. 19.A cooler costs ₹1700. It is sold at a 10% profit. What is the selling price (in ₹)?
  20. 20.A cricket kit costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  21. 21.The price of a cricket ball changed from ₹80 to ₹16. What is the percentage decrease?
  22. 22.A cooler bought for ₹2500 is sold for ₹3125. What is the profit per cent?
  23. 23.A shopkeeper buys a watch for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
  24. 24.A mobile phone bought for ₹2500 is sold for ₹3000. What is the profit per cent?
  25. 25.A shopkeeper buys a table for ₹650 and sells it for ₹940. What is the profit (in ₹)?
  26. 26.A cycle bought for ₹2200 is sold for ₹1760. What is the loss per cent?
  27. 27.The price of a cricket ball changed from ₹80 to ₹76. What is the percentage decrease?
  28. 28.A shopkeeper buys a table for ₹2550 and sells it for ₹2740. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹5500 at 2% per year for 5 years (in ₹)?
  30. 30.What is 65% of 420?
  31. 31.A mobile phone costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  32. 32.What is 5% of 660?
  33. 33.What is the simple interest on ₹6200 at 12% per year for 1 year (in ₹)?
  34. 34.A mobile phone costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
  35. 35.What is 25% of 600?
  36. 36.The price of a cricket ball changed from ₹250 to ₹375. What is the percentage increase?
  37. 37.What is the amount (principal + simple interest) on ₹4500 at 6% per year for 1 year (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 4 years (in ₹)?
  39. 39.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
  40. 40.A watch costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?

Answer key

  1. 800
  2. 3216
  3. 270
  4. 56
  5. 156
  6. 1800
  7. 3672
  8. 190
  9. 200
  10. 14
  11. 1440
  12. 1260
  13. 290
  14. 384
  15. 392
  16. 1820
  17. 136
  18. 3432
  19. 1870
  20. 910
  21. 80
  22. 25
  23. 10
  24. 20
  25. 290
  26. 20
  27. 5
  28. 190
  29. 550
  30. 273
  31. 1000
  32. 33
  33. 744
  34. 2760
  35. 150
  36. 50
  37. 4770
  38. 1984
  39. 5
  40. 2100

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