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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 787 · 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 9% per year for 1 year (in ₹)?
  2. 2.The price of a water bottle changed from ₹200 to ₹180. What is the percentage decrease?
  3. 3.A fan costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
  4. 4.What is 45% of 800?
  5. 5.What is 85% of 820?
  6. 6.The price of a box of mangoes changed from ₹400 to ₹392. What is the percentage decrease?
  7. 7.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2820. What is the profit (in ₹)?
  8. 8.What is 5% of 660?
  9. 9.A watch costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7100 at 4% per year for 2 years (in ₹)?
  11. 11.What is 30% of 620?
  12. 12.A cycle costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1710. What is the loss (in ₹)?
  14. 14.What is the simple interest on ₹9600 at 4% per year for 1 year (in ₹)?
  15. 15.What is the simple interest on ₹2300 at 10% per year for 1 year (in ₹)?
  16. 16.What is 90% of 260?
  17. 17.What is the simple interest on ₹7900 at 8% per year for 1 year (in ₹)?
  18. 18.A cycle bought for ₹700 is sold for ₹1050. What is the profit per cent?
  19. 19.What is 35% of 360?
  20. 20.What is the amount (principal + simple interest) on ₹900 at 9% per year for 4 years (in ₹)?
  21. 21.A fan bought for ₹2500 is sold for ₹3250. What is the profit per cent?
  22. 22.A cycle costs ₹2500. It is sold at a 20% loss. What is the selling price (in ₹)?
  23. 23.A fan costs ₹700. It is sold at a 25% loss. What is the selling price (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1400 at 11% per year for 3 years (in ₹)?
  25. 25.A cooler bought for ₹2500 is sold for ₹3125. What is the profit per cent?
  26. 26.What is the simple interest on ₹9200 at 3% per year for 2 years (in ₹)?
  27. 27.The price of a school bag changed from ₹500 to ₹700. What is the percentage increase?
  28. 28.A shopkeeper buys a cooler for ₹950 and sells it for ₹1210. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹9800 at 3% per year for 1 year (in ₹)?
  30. 30.What is the simple interest on ₹4000 at 6% per year for 1 year (in ₹)?
  31. 31.What is the simple interest on ₹1800 at 2% per year for 4 years (in ₹)?
  32. 32.What is 45% of 640?
  33. 33.A sewing machine bought for ₹1800 is sold for ₹2250. What is the profit per cent?
  34. 34.A shopkeeper buys a watch for ₹2050 and sells it for ₹2080. What is the profit (in ₹)?
  35. 35.A watch bought for ₹3800 is sold for ₹4370. What is the profit per cent?
  36. 36.What is 5% of 960?
  37. 37.A mobile phone bought for ₹2500 is sold for ₹2375. What is the loss per cent?
  38. 38.A fan costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹3000 at 6% per year for 1 year (in ₹)?
  40. 40.The price of a cricket ball changed from ₹400 to ₹408. What is the percentage increase?

Answer key

  1. 387
  2. 10
  3. 1000
  4. 360
  5. 697
  6. 2
  7. 120
  8. 33
  9. 4144
  10. 7668
  11. 186
  12. 4030
  13. 190
  14. 384
  15. 230
  16. 234
  17. 632
  18. 50
  19. 126
  20. 1224
  21. 30
  22. 2000
  23. 525
  24. 1862
  25. 25
  26. 552
  27. 40
  28. 260
  29. 294
  30. 240
  31. 144
  32. 288
  33. 25
  34. 30
  35. 15
  36. 48
  37. 5
  38. 900
  39. 3180
  40. 2

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