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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 830 · 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 ₹3100 at 4% per year for 5 years (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹2700 and sells it for ₹2750. What is the profit (in ₹)?
  3. 3.The price of a box of mangoes changed from ₹400 to ₹720. What is the percentage increase?
  4. 4.What is the simple interest on ₹1300 at 7% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 5 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 2 years (in ₹)?
  7. 7.A cycle costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹3700 at 6% per year for 2 years (in ₹)?
  9. 9.What is 70% of 360?
  10. 10.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 5 years (in ₹)?
  11. 11.A shopkeeper buys a table for ₹1250 and sells it for ₹1290. What is the profit (in ₹)?
  12. 12.What is the simple interest on ₹7700 at 2% per year for 1 year (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹8800 at 10% per year for 5 years (in ₹)?
  14. 14.What is the simple interest on ₹2300 at 4% per year for 1 year (in ₹)?
  15. 15.A cricket kit bought for ₹1700 is sold for ₹1904. What is the profit per cent?
  16. 16.What is 85% of 460?
  17. 17.What is 30% of 640?
  18. 18.A mobile phone bought for ₹400 is sold for ₹460. What is the profit per cent?
  19. 19.A shopkeeper buys a watch for ₹850 and sells it for ₹1060. What is the profit (in ₹)?
  20. 20.What is the simple interest on ₹3800 at 7% per year for 5 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹3500 at 10% per year for 1 year (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹750 and sells it for ₹630. What is the loss (in ₹)?
  23. 23.A shopkeeper buys a cooler for ₹650 and sells it for ₹350. What is the loss (in ₹)?
  24. 24.A shopkeeper buys a table for ₹2350 and sells it for ₹2380. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹5700 at 2% per year for 2 years (in ₹)?
  26. 26.A table bought for ₹2500 is sold for ₹3000. What is the profit per cent?
  27. 27.A cycle costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
  28. 28.A cycle costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
  29. 29.A cooler costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹1150 and sells it for ₹1030. What is the loss (in ₹)?
  31. 31.What is 10% of 40?
  32. 32.What is 60% of 260?
  33. 33.A cooler costs ₹2100. It is sold at a 12% loss. What is the selling price (in ₹)?
  34. 34.A table bought for ₹3000 is sold for ₹4500. What is the profit per cent?
  35. 35.A cooler costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹9900 at 3% per year for 2 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹2500 at 4% per year for 1 year (in ₹)?
  38. 38.What is 30% of 440?
  39. 39.What is 60% of 320?
  40. 40.What is 75% of 760?

Answer key

  1. 620
  2. 50
  3. 80
  4. 455
  5. 1210
  6. 6384
  7. 1200
  8. 444
  9. 252
  10. 10800
  11. 40
  12. 154
  13. 13200
  14. 92
  15. 12
  16. 391
  17. 192
  18. 15
  19. 210
  20. 1330
  21. 3850
  22. 120
  23. 300
  24. 30
  25. 5928
  26. 20
  27. 1680
  28. 1600
  29. 1400
  30. 120
  31. 4
  32. 156
  33. 1848
  34. 50
  35. 2125
  36. 594
  37. 2600
  38. 132
  39. 192
  40. 570

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