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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 700 · 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 5% of 1000?
  2. 2.What is the amount (principal + simple interest) on ₹2000 at 10% per year for 3 years (in ₹)?
  3. 3.What is 80% of 660?
  4. 4.What is the simple interest on ₹7000 at 12% per year for 3 years (in ₹)?
  5. 5.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹850. What is the profit (in ₹)?
  6. 6.A cricket kit bought for ₹300 is sold for ₹150. What is the loss per cent?
  7. 7.The price of a pair of shoes changed from ₹400 to ₹408. What is the percentage increase?
  8. 8.A fan bought for ₹3100 is sold for ₹3875. What is the profit per cent?
  9. 9.What is the amount (principal + simple interest) on ₹5400 at 9% per year for 4 years (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹300 and sells it for ₹220. What is the loss (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹6700 at 4% per year for 5 years (in ₹)?
  12. 12.A shopkeeper buys a table for ₹2500 and sells it for ₹2630. What is the profit (in ₹)?
  13. 13.A fan costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
  14. 14.A cooler bought for ₹700 is sold for ₹616. What is the loss per cent?
  15. 15.What is 35% of 80?
  16. 16.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 4 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 2 years (in ₹)?
  18. 18.A cricket kit bought for ₹800 is sold for ₹1120. What is the profit per cent?
  19. 19.A sewing machine costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
  20. 20.What is 80% of 920?
  21. 21.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
  22. 22.A fan costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 3 years (in ₹)?
  24. 24.What is the simple interest on ₹4500 at 3% per year for 3 years (in ₹)?
  25. 25.A cycle costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹8500 at 12% per year for 5 years (in ₹)?
  27. 27.A cooler costs ₹2300. It is sold at a 40% profit. What is the selling price (in ₹)?
  28. 28.What is 90% of 660?
  29. 29.A table costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a table for ₹850 and sells it for ₹560. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2770. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹900 and sells it for ₹1110. What is the profit (in ₹)?
  33. 33.A watch bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹900 at 8% per year for 3 years (in ₹)?
  35. 35.What is the simple interest on ₹2700 at 8% per year for 5 years (in ₹)?
  36. 36.A table costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹340. What is the profit (in ₹)?
  38. 38.A cooler costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹5400 at 3% per year for 3 years (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?

Answer key

  1. 50
  2. 2600
  3. 528
  4. 2520
  5. 250
  6. 50
  7. 2
  8. 25
  9. 7344
  10. 80
  11. 8040
  12. 130
  13. 770
  14. 12
  15. 28
  16. 9396
  17. 9504
  18. 40
  19. 3250
  20. 736
  21. 30
  22. 3500
  23. 9545
  24. 405
  25. 540
  26. 5100
  27. 3220
  28. 594
  29. 3600
  30. 290
  31. 20
  32. 210
  33. 25
  34. 1116
  35. 1080
  36. 805
  37. 140
  38. 1840
  39. 5886
  40. 50

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