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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 696 · 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 30% of 860?
  2. 2.A shopkeeper buys a watch for ₹2250 and sells it for ₹2190. What is the loss (in ₹)?
  3. 3.A shopkeeper buys a fan for ₹2600 and sells it for ₹2540. What is the loss (in ₹)?
  4. 4.What is the simple interest on ₹2500 at 5% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹9600 at 8% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 3 years (in ₹)?
  7. 7.What is 65% of 580?
  8. 8.What is 80% of 600?
  9. 9.The price of a cricket ball changed from ₹500 to ₹510. What is the percentage increase?
  10. 10.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
  11. 11.The price of a cricket ball changed from ₹100 to ₹175. What is the percentage increase?
  12. 12.The price of a bus pass changed from ₹400 to ₹480. What is the percentage increase?
  13. 13.What is the amount (principal + simple interest) on ₹1600 at 11% per year for 3 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹6400 at 6% per year for 5 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 5 years (in ₹)?
  16. 16.A cricket kit costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹250 and sells it for ₹380. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1040. What is the loss (in ₹)?
  19. 19.What is 65% of 340?
  20. 20.A cricket kit bought for ₹3900 is sold for ₹3120. What is the loss per cent?
  21. 21.What is 60% of 620?
  22. 22.A shopkeeper buys a table for ₹250 and sells it for ₹220. What is the loss (in ₹)?
  23. 23.The price of a water bottle changed from ₹400 to ₹392. What is the percentage decrease?
  24. 24.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹3600 at 7% per year for 2 years (in ₹)?
  26. 26.What is the simple interest on ₹5100 at 3% per year for 2 years (in ₹)?
  27. 27.What is the simple interest on ₹1300 at 4% per year for 2 years (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹1900 and sells it for ₹1780. What is the loss (in ₹)?
  29. 29.A cricket kit costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
  30. 30.A cycle bought for ₹2900 is sold for ₹2755. What is the loss per cent?
  31. 31.A shopkeeper buys a fan for ₹2500 and sells it for ₹2570. What is the profit (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹3500 at 3% per year for 2 years (in ₹)?
  33. 33.A cooler bought for ₹200 is sold for ₹224. What is the profit per cent?
  34. 34.What is 15% of 60?
  35. 35.What is the simple interest on ₹3700 at 7% per year for 2 years (in ₹)?
  36. 36.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2990. What is the profit (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹900 at 10% per year for 2 years (in ₹)?
  38. 38.A watch bought for ₹400 is sold for ₹320. What is the loss per cent?
  39. 39.The price of a box of mangoes changed from ₹500 to ₹350. What is the percentage decrease?
  40. 40.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1990. What is the profit (in ₹)?

Answer key

  1. 258
  2. 60
  3. 60
  4. 625
  5. 10368
  6. 2210
  7. 377
  8. 480
  9. 2
  10. 20
  11. 75
  12. 20
  13. 2128
  14. 8320
  15. 2280
  16. 990
  17. 130
  18. 10
  19. 221
  20. 20
  21. 372
  22. 30
  23. 2
  24. 20
  25. 4104
  26. 306
  27. 104
  28. 120
  29. 1050
  30. 5
  31. 70
  32. 3710
  33. 12
  34. 9
  35. 518
  36. 240
  37. 1080
  38. 20
  39. 30
  40. 290

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