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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 752 · 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 the simple interest on ₹1900 at 2% per year for 4 years (in ₹)?
  2. 2.A cooler costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
  3. 3.A cycle costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
  4. 4.A fan bought for ₹200 is sold for ₹140. What is the loss per cent?
  5. 5.The price of a school bag changed from ₹100 to ₹105. What is the percentage increase?
  6. 6.A mobile phone bought for ₹2800 is sold for ₹3080. What is the profit per cent?
  7. 7.What is the amount (principal + simple interest) on ₹6800 at 2% per year for 1 year (in ₹)?
  8. 8.A fan costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹480. What is the loss (in ₹)?
  10. 10.What is the simple interest on ₹8900 at 4% per year for 1 year (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹1800 at 8% per year for 1 year (in ₹)?
  12. 12.A mobile phone bought for ₹800 is sold for ₹600. What is the loss per cent?
  13. 13.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
  14. 14.What is 60% of 160?
  15. 15.What is 55% of 580?
  16. 16.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
  17. 17.What is the simple interest on ₹7200 at 11% per year for 5 years (in ₹)?
  18. 18.What is 25% of 140?
  19. 19.What is the simple interest on ₹6100 at 7% per year for 1 year (in ₹)?
  20. 20.The price of a water bottle changed from ₹25 to ₹15. What is the percentage decrease?
  21. 21.The price of a water bottle changed from ₹400 to ₹600. What is the percentage increase?
  22. 22.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹760. What is the loss (in ₹)?
  23. 23.A cricket kit costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
  24. 24.A mobile phone bought for ₹3300 is sold for ₹3960. What is the profit per cent?
  25. 25.What is the simple interest on ₹5100 at 10% per year for 1 year (in ₹)?
  26. 26.A cycle bought for ₹1800 is sold for ₹2520. What is the profit per cent?
  27. 27.A table bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  28. 28.What is the simple interest on ₹8400 at 5% per year for 1 year (in ₹)?
  29. 29.A cycle bought for ₹2100 is sold for ₹2352. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹5300 at 3% per year for 5 years (in ₹)?
  31. 31.What is 20% of 680?
  32. 32.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹280. What is the profit (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹8200 at 4% per year for 2 years (in ₹)?
  34. 34.A cooler bought for ₹1200 is sold for ₹1260. What is the profit per cent?
  35. 35.What is the amount (principal + simple interest) on ₹9000 at 6% per year for 2 years (in ₹)?
  36. 36.A watch costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹2600 at 4% per year for 1 year (in ₹)?
  38. 38.What is the simple interest on ₹2500 at 5% per year for 1 year (in ₹)?
  39. 39.A cricket kit bought for ₹3700 is sold for ₹4070. What is the profit per cent?
  40. 40.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?

Answer key

  1. 152
  2. 1750
  3. 950
  4. 30
  5. 5
  6. 10
  7. 6936
  8. 780
  9. 20
  10. 356
  11. 1944
  12. 25
  13. 90
  14. 96
  15. 319
  16. 80
  17. 3960
  18. 35
  19. 427
  20. 40
  21. 50
  22. 290
  23. 945
  24. 20
  25. 510
  26. 40
  27. 40
  28. 420
  29. 12
  30. 6095
  31. 136
  32. 30
  33. 8856
  34. 5
  35. 10080
  36. 2400
  37. 2704
  38. 125
  39. 10
  40. 80

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