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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 789 · 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 ₹6700 at 10% per year for 3 years (in ₹)?
  2. 2.A cricket kit costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
  3. 3.A cooler costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1540. What is the profit (in ₹)?
  5. 5.A fan bought for ₹2100 is sold for ₹1785. What is the loss per cent?
  6. 6.What is 80% of 560?
  7. 7.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹260. What is the profit (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2350. What is the profit (in ₹)?
  9. 9.What is 60% of 460?
  10. 10.The price of a bus pass changed from ₹50 to ₹90. What is the percentage increase?
  11. 11.A sewing machine bought for ₹3000 is sold for ₹2100. What is the loss per cent?
  12. 12.What is the amount (principal + simple interest) on ₹5300 at 4% per year for 4 years (in ₹)?
  13. 13.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2910. What is the profit (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 3 years (in ₹)?
  15. 15.A cricket kit bought for ₹600 is sold for ₹510. What is the loss per cent?
  16. 16.What is the amount (principal + simple interest) on ₹3600 at 9% per year for 1 year (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 1 year (in ₹)?
  18. 18.A mobile phone bought for ₹3900 is sold for ₹4875. What is the profit per cent?
  19. 19.The price of a water bottle changed from ₹400 to ₹760. What is the percentage increase?
  20. 20.A cooler bought for ₹3800 is sold for ₹3990. What is the profit per cent?
  21. 21.What is the amount (principal + simple interest) on ₹9600 at 8% per year for 3 years (in ₹)?
  22. 22.What is 30% of 380?
  23. 23.What is 25% of 960?
  24. 24.What is 35% of 660?
  25. 25.What is the amount (principal + simple interest) on ₹1800 at 10% per year for 2 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹9700 at 11% per year for 5 years (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹500 to ₹490. What is the percentage decrease?
  28. 28.What is 60% of 960?
  29. 29.What is the simple interest on ₹2600 at 10% per year for 5 years (in ₹)?
  30. 30.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1350. What is the loss (in ₹)?
  31. 31.The price of a bus pass changed from ₹400 to ₹420. What is the percentage increase?
  32. 32.A watch bought for ₹600 is sold for ₹570. What is the loss per cent?
  33. 33.A cycle bought for ₹2900 is sold for ₹4060. What is the profit per cent?
  34. 34.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹770. What is the profit (in ₹)?
  35. 35.What is 65% of 700?
  36. 36.What is the simple interest on ₹1000 at 3% per year for 1 year (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹9300 at 5% per year for 5 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹6000 at 7% per year for 2 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹2000 at 10% per year for 5 years (in ₹)?
  40. 40.A shopkeeper buys a cooler for ₹650 and sells it for ₹400. What is the loss (in ₹)?

Answer key

  1. 2010
  2. 3300
  3. 4000
  4. 140
  5. 15
  6. 448
  7. 10
  8. 250
  9. 276
  10. 80
  11. 30
  12. 6148
  13. 260
  14. 4445
  15. 15
  16. 3924
  17. 7035
  18. 25
  19. 90
  20. 5
  21. 11904
  22. 114
  23. 240
  24. 231
  25. 2160
  26. 15035
  27. 2
  28. 576
  29. 1300
  30. 150
  31. 5
  32. 5
  33. 40
  34. 20
  35. 455
  36. 30
  37. 11625
  38. 6840
  39. 3000
  40. 250

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