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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 761 · 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 amount (principal + simple interest) on ₹9800 at 4% per year for 2 years (in ₹)?
  2. 2.A cooler costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  3. 3.A mobile phone bought for ₹1000 is sold for ₹500. What is the loss per cent?
  4. 4.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1540. What is the loss (in ₹)?
  5. 5.A sewing machine costs ₹3800. It is sold at a 20% profit. What is the selling price (in ₹)?
  6. 6.A cooler costs ₹1400. It is sold at a 10% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2220. What is the profit (in ₹)?
  8. 8.A cricket kit costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5000 at 5% per year for 1 year (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹9300 at 11% per year for 3 years (in ₹)?
  11. 11.A mobile phone costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.What is 5% of 680?
  13. 13.What is the amount (principal + simple interest) on ₹3800 at 9% per year for 1 year (in ₹)?
  14. 14.What is 60% of 240?
  15. 15.What is 55% of 800?
  16. 16.What is the simple interest on ₹3600 at 6% per year for 1 year (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
  18. 18.What is the simple interest on ₹5200 at 4% per year for 4 years (in ₹)?
  19. 19.What is 30% of 40?
  20. 20.A sewing machine bought for ₹800 is sold for ₹1040. What is the profit per cent?
  21. 21.The price of a cricket ball changed from ₹100 to ₹10. What is the percentage decrease?
  22. 22.What is 90% of 40?
  23. 23.The price of a school bag changed from ₹40 to ₹32. What is the percentage decrease?
  24. 24.A cycle costs ₹700. It is sold at a 50% loss. What is the selling price (in ₹)?
  25. 25.The price of a school bag changed from ₹250 to ₹300. What is the percentage increase?
  26. 26.What is the simple interest on ₹6500 at 2% per year for 5 years (in ₹)?
  27. 27.What is the simple interest on ₹1000 at 4% per year for 1 year (in ₹)?
  28. 28.The price of a cricket ball changed from ₹40 to ₹28. What is the percentage decrease?
  29. 29.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 3 years (in ₹)?
  30. 30.What is 65% of 680?
  31. 31.A watch costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
  32. 32.A fan bought for ₹2700 is sold for ₹2565. What is the loss per cent?
  33. 33.A table costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
  34. 34.A cycle bought for ₹2900 is sold for ₹3190. What is the profit per cent?
  35. 35.The price of a water bottle changed from ₹80 to ₹104. What is the percentage increase?
  36. 36.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2110. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹900 at 10% per year for 1 year (in ₹)?
  38. 38.What is the simple interest on ₹7900 at 10% per year for 4 years (in ₹)?
  39. 39.The price of a school bag changed from ₹100 to ₹25. What is the percentage decrease?
  40. 40.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹810. What is the profit (in ₹)?

Answer key

  1. 10584
  2. 2730
  3. 50
  4. 210
  5. 4560
  6. 1540
  7. 70
  8. 1170
  9. 5250
  10. 12369
  11. 1840
  12. 34
  13. 4142
  14. 144
  15. 440
  16. 216
  17. 210
  18. 832
  19. 12
  20. 30
  21. 90
  22. 36
  23. 20
  24. 350
  25. 20
  26. 650
  27. 40
  28. 30
  29. 2398
  30. 442
  31. 1540
  32. 5
  33. 3600
  34. 10
  35. 30
  36. 40
  37. 990
  38. 3160
  39. 75
  40. 160

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