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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 760 · 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 ₹3100 at 12% per year for 1 year (in ₹)?
  2. 2.The price of a bus pass changed from ₹50 to ₹55. What is the percentage increase?
  3. 3.The price of a pair of shoes changed from ₹20 to ₹38. What is the percentage increase?
  4. 4.A cooler bought for ₹3800 is sold for ₹1900. What is the loss per cent?
  5. 5.The price of a school bag changed from ₹250 to ₹450. What is the percentage increase?
  6. 6.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 2 years (in ₹)?
  7. 7.What is the simple interest on ₹1600 at 2% per year for 5 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹1800 at 11% per year for 3 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 1 year (in ₹)?
  10. 10.A fan costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹7300 at 4% per year for 2 years (in ₹)?
  12. 12.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹340. What is the loss (in ₹)?
  13. 13.A cycle bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  14. 14.A fan bought for ₹3700 is sold for ₹1850. What is the loss per cent?
  15. 15.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
  16. 16.What is 40% of 460?
  17. 17.The price of a box of mangoes changed from ₹400 to ₹520. What is the percentage increase?
  18. 18.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹1030. What is the profit (in ₹)?
  19. 19.A sewing machine costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
  20. 20.What is 45% of 740?
  21. 21.What is 80% of 160?
  22. 22.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 4 years (in ₹)?
  23. 23.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
  24. 24.The price of a water bottle changed from ₹40 to ₹42. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹800 at 8% per year for 2 years (in ₹)?
  26. 26.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
  27. 27.A cricket kit costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
  28. 28.What is 20% of 60?
  29. 29.What is 95% of 980?
  30. 30.What is the simple interest on ₹8100 at 4% per year for 3 years (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2840. What is the profit (in ₹)?
  32. 32.The price of a box of mangoes changed from ₹500 to ₹510. What is the percentage increase?
  33. 33.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1810. What is the loss (in ₹)?
  34. 34.What is the simple interest on ₹1500 at 2% per year for 4 years (in ₹)?
  35. 35.A cricket kit costs ₹2500. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.A fan bought for ₹3300 is sold for ₹2970. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹2900 at 12% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹440. What is the loss (in ₹)?
  39. 39.A cycle costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  40. 40.A mobile phone costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 372
  2. 10
  3. 90
  4. 50
  5. 80
  6. 7176
  7. 160
  8. 2394
  9. 9309
  10. 990
  11. 7884
  12. 260
  13. 20
  14. 50
  15. 60
  16. 184
  17. 30
  18. 180
  19. 2890
  20. 333
  21. 128
  22. 3168
  23. 10
  24. 5
  25. 928
  26. 5
  27. 960
  28. 12
  29. 931
  30. 972
  31. 140
  32. 2
  33. 90
  34. 120
  35. 1875
  36. 10
  37. 4292
  38. 260
  39. 630
  40. 2904

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