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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 785 · 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 ₹4300 at 4% per year for 1 year (in ₹)?
  2. 2.A table bought for ₹3300 is sold for ₹2805. What is the loss per cent?
  3. 3.What is 45% of 460?
  4. 4.A mobile phone bought for ₹600 is sold for ₹420. What is the loss per cent?
  5. 5.A cooler costs ₹3600. It is sold at a 12% profit. What is the selling price (in ₹)?
  6. 6.A mobile phone costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
  7. 7.What is 35% of 840?
  8. 8.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 4 years (in ₹)?
  9. 9.What is the simple interest on ₹9900 at 12% per year for 4 years (in ₹)?
  10. 10.What is the simple interest on ₹8500 at 11% per year for 3 years (in ₹)?
  11. 11.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
  12. 12.A shopkeeper buys a cycle for ₹2200 and sells it for ₹2440. What is the profit (in ₹)?
  13. 13.A cooler costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹3700 at 9% per year for 5 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹5800 at 12% per year for 1 year (in ₹)?
  16. 16.A table costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
  17. 17.A mobile phone costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.A table costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
  19. 19.What is 30% of 260?
  20. 20.What is the simple interest on ₹2700 at 6% per year for 4 years (in ₹)?
  21. 21.A shopkeeper buys a cooler for ₹2950 and sells it for ₹3140. What is the profit (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹7200 at 4% per year for 3 years (in ₹)?
  23. 23.What is the simple interest on ₹8700 at 4% per year for 2 years (in ₹)?
  24. 24.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2300. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹7300 at 5% per year for 3 years (in ₹)?
  26. 26.What is 65% of 560?
  27. 27.The price of a pair of shoes changed from ₹40 to ₹76. What is the percentage increase?
  28. 28.A table bought for ₹500 is sold for ₹475. What is the loss per cent?
  29. 29.What is the simple interest on ₹2500 at 6% per year for 5 years (in ₹)?
  30. 30.What is the simple interest on ₹1000 at 11% per year for 5 years (in ₹)?
  31. 31.What is the simple interest on ₹1000 at 7% per year for 1 year (in ₹)?
  32. 32.What is 80% of 180?
  33. 33.What is 30% of 940?
  34. 34.A cricket kit costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2070. What is the profit (in ₹)?
  36. 36.A sewing machine bought for ₹3400 is sold for ₹2992. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹9300 at 12% per year for 1 year (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹740. What is the profit (in ₹)?
  39. 39.The price of a bus pass changed from ₹500 to ₹600. What is the percentage increase?
  40. 40.A shopkeeper buys a watch for ₹3000 and sells it for ₹3270. What is the profit (in ₹)?

Answer key

  1. 172
  2. 15
  3. 207
  4. 30
  5. 4032
  6. 1800
  7. 294
  8. 3132
  9. 4752
  10. 2805
  11. 2
  12. 240
  13. 350
  14. 5365
  15. 6496
  16. 1680
  17. 3770
  18. 2750
  19. 78
  20. 648
  21. 190
  22. 8064
  23. 696
  24. 50
  25. 8395
  26. 364
  27. 90
  28. 5
  29. 750
  30. 550
  31. 70
  32. 144
  33. 282
  34. 1680
  35. 20
  36. 12
  37. 10416
  38. 140
  39. 20
  40. 270

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