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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 727 · 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.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2020. What is the loss (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 5 years (in ₹)?
  3. 3.The price of a box of mangoes changed from ₹40 to ₹42. What is the percentage increase?
  4. 4.A shopkeeper buys a cooler for ₹200 and sells it for ₹220. What is the profit (in ₹)?
  5. 5.What is 45% of 920?
  6. 6.What is the simple interest on ₹1800 at 8% per year for 5 years (in ₹)?
  7. 7.What is the simple interest on ₹8600 at 2% per year for 1 year (in ₹)?
  8. 8.What is 35% of 820?
  9. 9.A cooler costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
  10. 10.A watch costs ₹3000. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.A fan bought for ₹800 is sold for ₹896. What is the profit per cent?
  12. 12.What is the amount (principal + simple interest) on ₹8200 at 4% per year for 5 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹5700 at 5% per year for 3 years (in ₹)?
  14. 14.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
  15. 15.A shopkeeper buys a watch for ₹850 and sells it for ₹1050. What is the profit (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹8300 at 12% per year for 1 year (in ₹)?
  17. 17.A cricket kit costs ₹1500. It is sold at a 30% loss. What is the selling price (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 4 years (in ₹)?
  19. 19.What is the simple interest on ₹3700 at 7% per year for 1 year (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 2 years (in ₹)?
  21. 21.A shopkeeper buys a table for ₹900 and sells it for ₹690. What is the loss (in ₹)?
  22. 22.What is 45% of 360?
  23. 23.The price of a cricket ball changed from ₹80 to ₹100. What is the percentage increase?
  24. 24.What is the simple interest on ₹7000 at 9% per year for 4 years (in ₹)?
  25. 25.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1910. What is the profit (in ₹)?
  26. 26.A cooler costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹3800 at 8% per year for 4 years (in ₹)?
  28. 28.A mobile phone costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  29. 29.A sewing machine bought for ₹1900 is sold for ₹2375. What is the profit per cent?
  30. 30.The price of a box of mangoes changed from ₹40 to ₹76. What is the percentage increase?
  31. 31.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 2 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹8600 at 2% per year for 5 years (in ₹)?
  33. 33.What is 45% of 500?
  34. 34.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
  35. 35.A shopkeeper buys a table for ₹900 and sells it for ₹1070. What is the profit (in ₹)?
  36. 36.What is the simple interest on ₹1100 at 10% per year for 1 year (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹4500 at 9% per year for 2 years (in ₹)?
  38. 38.A cycle costs ₹2600. It is sold at a 30% loss. What is the selling price (in ₹)?
  39. 39.A mobile phone bought for ₹3900 is sold for ₹3510. What is the loss per cent?
  40. 40.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹610. What is the loss (in ₹)?

Answer key

  1. 180
  2. 1300
  3. 5
  4. 20
  5. 414
  6. 720
  7. 172
  8. 287
  9. 700
  10. 2700
  11. 12
  12. 9840
  13. 6555
  14. 60
  15. 200
  16. 9296
  17. 1050
  18. 2052
  19. 259
  20. 10830
  21. 210
  22. 162
  23. 25
  24. 2520
  25. 10
  26. 3840
  27. 1216
  28. 840
  29. 25
  30. 90
  31. 2684
  32. 9460
  33. 225
  34. 10
  35. 170
  36. 110
  37. 5310
  38. 1820
  39. 10
  40. 40

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