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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 801 · 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 ₹2900 at 6% per year for 1 year (in ₹)?
  2. 2.A shopkeeper buys a table for ₹750 and sells it for ₹680. What is the loss (in ₹)?
  3. 3.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2260. What is the loss (in ₹)?
  4. 4.What is 75% of 820?
  5. 5.What is the simple interest on ₹4600 at 4% per year for 2 years (in ₹)?
  6. 6.A cricket kit costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
  7. 7.What is 20% of 200?
  8. 8.A watch costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹2500 and sells it for ₹2720. What is the profit (in ₹)?
  10. 10.A sewing machine costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.The price of a box of mangoes changed from ₹20 to ₹12. What is the percentage decrease?
  12. 12.What is 45% of 700?
  13. 13.A shopkeeper buys a fan for ₹2550 and sells it for ₹2570. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a table for ₹250 and sells it for ₹290. What is the profit (in ₹)?
  15. 15.A shopkeeper buys a fan for ₹2500 and sells it for ₹2580. What is the profit (in ₹)?
  16. 16.A mobile phone bought for ₹900 is sold for ₹1080. What is the profit per cent?
  17. 17.A shopkeeper buys a watch for ₹1100 and sells it for ₹1000. What is the loss (in ₹)?
  18. 18.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹1970. What is the loss (in ₹)?
  19. 19.What is 25% of 740?
  20. 20.What is the amount (principal + simple interest) on ₹4900 at 10% per year for 3 years (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹2050 and sells it for ₹2030. What is the loss (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹4000 at 4% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹310. What is the loss (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1700 at 8% per year for 4 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹9300 at 8% per year for 1 year (in ₹)?
  26. 26.What is 40% of 660?
  27. 27.What is the simple interest on ₹6500 at 4% per year for 4 years (in ₹)?
  28. 28.A fan bought for ₹700 is sold for ₹420. What is the loss per cent?
  29. 29.What is 5% of 600?
  30. 30.What is the simple interest on ₹2100 at 12% per year for 3 years (in ₹)?
  31. 31.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
  32. 32.A sewing machine bought for ₹600 is sold for ₹660. What is the profit per cent?
  33. 33.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
  34. 34.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 1 year (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹6400 at 2% per year for 4 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹9500 at 2% per year for 1 year (in ₹)?
  37. 37.What is 10% of 180?
  38. 38.What is 80% of 600?
  39. 39.What is the simple interest on ₹6000 at 10% per year for 5 years (in ₹)?
  40. 40.A cycle bought for ₹2100 is sold for ₹1890. What is the loss per cent?

Answer key

  1. 174
  2. 70
  3. 240
  4. 615
  5. 368
  6. 1710
  7. 40
  8. 1260
  9. 220
  10. 3920
  11. 40
  12. 315
  13. 20
  14. 40
  15. 80
  16. 20
  17. 100
  18. 80
  19. 185
  20. 6370
  21. 20
  22. 4480
  23. 290
  24. 2244
  25. 10044
  26. 264
  27. 1040
  28. 40
  29. 30
  30. 756
  31. 25
  32. 10
  33. 60
  34. 3488
  35. 6912
  36. 9690
  37. 18
  38. 480
  39. 3000
  40. 10

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