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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 79 · 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.A shopkeeper buys a cycle for ₹1700 and sells it for ₹1910. What is the profit (in ₹)?
  2. 2.A fan bought for ₹400 is sold for ₹240. What is the loss per cent?
  3. 3.A fan costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹3700 at 7% per year for 2 years (in ₹)?
  5. 5.A cycle costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
  6. 6.The price of a box of mangoes changed from ₹400 to ₹40. What is the percentage decrease?
  7. 7.A cricket kit bought for ₹300 is sold for ₹264. What is the loss per cent?
  8. 8.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
  9. 9.A cricket kit bought for ₹1400 is sold for ₹1050. What is the loss per cent?
  10. 10.What is 75% of 900?
  11. 11.What is 25% of 240?
  12. 12.What is the amount (principal + simple interest) on ₹7800 at 3% per year for 4 years (in ₹)?
  13. 13.What is 90% of 740?
  14. 14.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
  15. 15.What is 5% of 500?
  16. 16.What is the simple interest on ₹2900 at 3% per year for 2 years (in ₹)?
  17. 17.What is 70% of 880?
  18. 18.What is the simple interest on ₹500 at 3% per year for 2 years (in ₹)?
  19. 19.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2590. What is the loss (in ₹)?
  20. 20.What is 70% of 900?
  21. 21.A fan costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹7000 at 3% per year for 1 year (in ₹)?
  23. 23.A table costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹700 at 7% per year for 4 years (in ₹)?
  25. 25.What is the simple interest on ₹9700 at 6% per year for 2 years (in ₹)?
  26. 26.What is the simple interest on ₹3400 at 3% per year for 2 years (in ₹)?
  27. 27.What is 95% of 820?
  28. 28.What is the simple interest on ₹9000 at 9% per year for 5 years (in ₹)?
  29. 29.A watch costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹8100 at 8% per year for 2 years (in ₹)?
  31. 31.A fan costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
  32. 32.A fan bought for ₹400 is sold for ₹360. What is the loss per cent?
  33. 33.What is the amount (principal + simple interest) on ₹1000 at 11% per year for 2 years (in ₹)?
  34. 34.A cricket kit costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.The price of a pair of shoes changed from ₹20 to ₹28. What is the percentage increase?
  36. 36.A watch bought for ₹1000 is sold for ₹800. What is the loss per cent?
  37. 37.The price of a school bag changed from ₹50 to ₹80. What is the percentage increase?
  38. 38.A shopkeeper buys a cycle for ₹1200 and sells it for ₹900. What is the loss (in ₹)?
  39. 39.A watch bought for ₹500 is sold for ₹300. What is the loss per cent?
  40. 40.What is the amount (principal + simple interest) on ₹9200 at 12% per year for 4 years (in ₹)?

Answer key

  1. 210
  2. 40
  3. 2640
  4. 4218
  5. 315
  6. 90
  7. 12
  8. 30
  9. 25
  10. 675
  11. 60
  12. 8736
  13. 666
  14. 30
  15. 25
  16. 174
  17. 616
  18. 30
  19. 260
  20. 630
  21. 3135
  22. 210
  23. 950
  24. 196
  25. 1164
  26. 204
  27. 779
  28. 4050
  29. 704
  30. 1296
  31. 220
  32. 10
  33. 1220
  34. 2100
  35. 40
  36. 20
  37. 60
  38. 300
  39. 40
  40. 13616

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