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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 749 · 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 table bought for ₹1900 is sold for ₹1330. What is the loss per cent?
  2. 2.What is the simple interest on ₹6300 at 9% per year for 1 year (in ₹)?
  3. 3.What is the simple interest on ₹1800 at 12% per year for 2 years (in ₹)?
  4. 4.What is the simple interest on ₹500 at 5% per year for 1 year (in ₹)?
  5. 5.The price of a cricket ball changed from ₹100 to ₹60. What is the percentage decrease?
  6. 6.A mobile phone bought for ₹2700 is sold for ₹3375. What is the profit per cent?
  7. 7.A cricket kit costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 5 years (in ₹)?
  9. 9.A watch bought for ₹1100 is sold for ₹880. What is the loss per cent?
  10. 10.What is 10% of 920?
  11. 11.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  12. 12.What is 35% of 40?
  13. 13.What is the amount (principal + simple interest) on ₹3400 at 7% per year for 3 years (in ₹)?
  14. 14.What is the simple interest on ₹6000 at 9% per year for 4 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 2 years (in ₹)?
  16. 16.The price of a water bottle changed from ₹100 to ₹102. What is the percentage increase?
  17. 17.What is the simple interest on ₹9500 at 6% per year for 1 year (in ₹)?
  18. 18.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2100. What is the loss (in ₹)?
  19. 19.What is 60% of 960?
  20. 20.What is the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
  21. 21.A mobile phone bought for ₹2700 is sold for ₹2835. What is the profit per cent?
  22. 22.The price of a pair of shoes changed from ₹250 to ₹450. What is the percentage increase?
  23. 23.What is 5% of 520?
  24. 24.A watch costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹560. What is the profit (in ₹)?
  26. 26.A fan costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
  27. 27.A sewing machine costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a fan for ₹1900 and sells it for ₹1770. What is the loss (in ₹)?
  29. 29.A cricket kit costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 1 year (in ₹)?
  31. 31.A sewing machine costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
  32. 32.What is 75% of 980?
  33. 33.A table costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
  34. 34.A cooler costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹6800 at 8% per year for 4 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3300 at 8% per year for 3 years (in ₹)?
  37. 37.What is 35% of 200?
  38. 38.What is the simple interest on ₹7500 at 6% per year for 2 years (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹1800 and sells it for ₹1810. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹5600 at 10% per year for 2 years (in ₹)?

Answer key

  1. 30
  2. 567
  3. 432
  4. 25
  5. 40
  6. 25
  7. 1725
  8. 13095
  9. 20
  10. 92
  11. 390
  12. 14
  13. 4114
  14. 2160
  15. 8378
  16. 2
  17. 570
  18. 100
  19. 576
  20. 400
  21. 5
  22. 80
  23. 26
  24. 1950
  25. 160
  26. 4000
  27. 2730
  28. 130
  29. 1260
  30. 10192
  31. 680
  32. 735
  33. 760
  34. 4000
  35. 8976
  36. 4092
  37. 70
  38. 900
  39. 10
  40. 6720

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