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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 832 · 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 ₹7300 at 5% per year for 3 years (in ₹)?
  2. 2.What is 15% of 420?
  3. 3.What is the amount (principal + simple interest) on ₹7200 at 10% per year for 4 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹900 at 4% per year for 3 years (in ₹)?
  5. 5.A fan bought for ₹1400 is sold for ₹1050. What is the loss per cent?
  6. 6.A shopkeeper buys a cycle for ₹450 and sells it for ₹280. What is the loss (in ₹)?
  7. 7.A cycle costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
  8. 8.A sewing machine costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
  9. 9.The price of a pair of shoes changed from ₹20 to ₹12. What is the percentage decrease?
  10. 10.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 4 years (in ₹)?
  11. 11.A cricket kit costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
  12. 12.The price of a cricket ball changed from ₹80 to ₹72. What is the percentage decrease?
  13. 13.The price of a school bag changed from ₹100 to ₹50. What is the percentage decrease?
  14. 14.What is 15% of 820?
  15. 15.The price of a box of mangoes changed from ₹20 to ₹15. What is the percentage decrease?
  16. 16.What is the simple interest on ₹4300 at 9% per year for 1 year (in ₹)?
  17. 17.What is 45% of 880?
  18. 18.A shopkeeper buys a cricket kit for ₹1150 and sells it for ₹1290. What is the profit (in ₹)?
  19. 19.A cycle bought for ₹800 is sold for ₹960. What is the profit per cent?
  20. 20.A cooler costs ₹3400. It is sold at a 25% loss. What is the selling price (in ₹)?
  21. 21.What is 75% of 840?
  22. 22.The price of a cricket ball changed from ₹100 to ₹70. What is the percentage decrease?
  23. 23.The price of a cricket ball changed from ₹20 to ₹19. What is the percentage decrease?
  24. 24.A shopkeeper buys a table for ₹200 and sells it for ₹160. What is the loss (in ₹)?
  25. 25.The price of a cricket ball changed from ₹200 to ₹320. What is the percentage increase?
  26. 26.A watch costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
  27. 27.A cooler costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
  28. 28.What is 75% of 600?
  29. 29.A sewing machine costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
  30. 30.What is 45% of 40?
  31. 31.What is the amount (principal + simple interest) on ₹9400 at 8% per year for 1 year (in ₹)?
  32. 32.A table bought for ₹2100 is sold for ₹3150. What is the profit per cent?
  33. 33.A cooler costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?
  34. 34.A fan bought for ₹3900 is sold for ₹5850. What is the profit per cent?
  35. 35.A shopkeeper buys a cycle for ₹200 and sells it for ₹340. What is the profit (in ₹)?
  36. 36.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹850. What is the profit (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹2400 at 6% per year for 1 year (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹4900 at 8% per year for 1 year (in ₹)?
  39. 39.A cooler costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹1300 at 2% per year for 3 years (in ₹)?

Answer key

  1. 1095
  2. 63
  3. 10080
  4. 1008
  5. 25
  6. 170
  7. 1170
  8. 3360
  9. 40
  10. 1452
  11. 4400
  12. 10
  13. 50
  14. 123
  15. 25
  16. 387
  17. 396
  18. 140
  19. 20
  20. 2550
  21. 630
  22. 30
  23. 5
  24. 40
  25. 60
  26. 990
  27. 1520
  28. 450
  29. 1200
  30. 18
  31. 10152
  32. 50
  33. 1650
  34. 50
  35. 140
  36. 300
  37. 2544
  38. 5292
  39. 2250
  40. 1378

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