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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 816 · 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 amount (principal + simple interest) on ₹8700 at 12% per year for 1 year (in ₹)?
  2. 2.What is 15% of 40?
  3. 3.A mobile phone bought for ₹3000 is sold for ₹3360. What is the profit per cent?
  4. 4.A watch bought for ₹2500 is sold for ₹3500. What is the profit per cent?
  5. 5.The price of a pair of shoes changed from ₹400 to ₹560. What is the percentage increase?
  6. 6.A table bought for ₹3300 is sold for ₹1980. What is the loss per cent?
  7. 7.What is 45% of 200?
  8. 8.A shopkeeper buys a fan for ₹1750 and sells it for ₹1540. What is the loss (in ₹)?
  9. 9.What is 20% of 240?
  10. 10.What is the amount (principal + simple interest) on ₹8000 at 8% per year for 4 years (in ₹)?
  11. 11.A watch costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
  12. 12.A cricket kit costs ₹1600. It is sold at a 20% loss. What is the selling price (in ₹)?
  13. 13.What is 20% of 140?
  14. 14.What is the amount (principal + simple interest) on ₹9400 at 4% per year for 1 year (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹4000 at 8% per year for 5 years (in ₹)?
  16. 16.What is the simple interest on ₹7900 at 11% per year for 2 years (in ₹)?
  17. 17.The price of a cricket ball changed from ₹20 to ₹4. What is the percentage decrease?
  18. 18.A shopkeeper buys a table for ₹2500 and sells it for ₹2510. What is the profit (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹3800 at 6% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1500. What is the loss (in ₹)?
  21. 21.The price of a water bottle changed from ₹100 to ₹99. What is the percentage decrease?
  22. 22.What is the simple interest on ₹1700 at 11% per year for 3 years (in ₹)?
  23. 23.A cycle costs ₹2200. It is sold at a 50% loss. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹350 and sells it for ₹320. What is the loss (in ₹)?
  25. 25.What is the simple interest on ₹7800 at 9% per year for 5 years (in ₹)?
  26. 26.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
  27. 27.A watch costs ₹200. It is sold at a 5% loss. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹1400 at 2% per year for 2 years (in ₹)?
  29. 29.The price of a school bag changed from ₹100 to ₹101. What is the percentage increase?
  30. 30.What is 5% of 720?
  31. 31.What is the simple interest on ₹700 at 6% per year for 1 year (in ₹)?
  32. 32.A sewing machine costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.A cooler costs ₹1500. It is sold at a 40% profit. What is the selling price (in ₹)?
  34. 34.What is 90% of 140?
  35. 35.A sewing machine costs ₹900. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹5500 at 10% per year for 4 years (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹350 and sells it for ₹90. What is the loss (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹9500 at 12% per year for 2 years (in ₹)?
  39. 39.What is the simple interest on ₹4100 at 12% per year for 3 years (in ₹)?
  40. 40.What is 25% of 640?

Answer key

  1. 9744
  2. 6
  3. 12
  4. 40
  5. 40
  6. 40
  7. 90
  8. 210
  9. 48
  10. 10560
  11. 1020
  12. 1280
  13. 28
  14. 9776
  15. 5600
  16. 1738
  17. 80
  18. 10
  19. 4484
  20. 250
  21. 1
  22. 561
  23. 1100
  24. 30
  25. 3510
  26. 20
  27. 190
  28. 1456
  29. 1
  30. 36
  31. 42
  32. 450
  33. 2100
  34. 126
  35. 675
  36. 2200
  37. 260
  38. 11780
  39. 1476
  40. 160

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