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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 841 · 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 ₹1400 at 4% per year for 5 years (in ₹)?
  2. 2.What is the simple interest on ₹2300 at 2% per year for 5 years (in ₹)?
  3. 3.A shopkeeper buys a cooler for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
  4. 4.A sewing machine costs ₹3700. It is sold at a 15% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 1 year (in ₹)?
  6. 6.A watch bought for ₹1000 is sold for ₹880. What is the loss per cent?
  7. 7.What is the simple interest on ₹500 at 6% per year for 3 years (in ₹)?
  8. 8.A fan bought for ₹1400 is sold for ₹1750. What is the profit per cent?
  9. 9.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2480. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹2010. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 3 years (in ₹)?
  12. 12.A cricket kit bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  13. 13.A watch costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹5300 at 12% per year for 2 years (in ₹)?
  15. 15.What is 25% of 620?
  16. 16.What is the simple interest on ₹9100 at 8% per year for 3 years (in ₹)?
  17. 17.A fan costs ₹2100. It is sold at a 15% loss. What is the selling price (in ₹)?
  18. 18.A mobile phone costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
  19. 19.The price of a cricket ball changed from ₹200 to ₹20. What is the percentage decrease?
  20. 20.A sewing machine costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
  21. 21.A cycle costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹2900 at 11% per year for 5 years (in ₹)?
  23. 23.The price of a school bag changed from ₹20 to ₹22. What is the percentage increase?
  24. 24.A watch costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
  25. 25.The price of a water bottle changed from ₹20 to ₹32. What is the percentage increase?
  26. 26.A cricket kit costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹5000 at 5% per year for 5 years (in ₹)?
  28. 28.A cycle bought for ₹3500 is sold for ₹2975. What is the loss per cent?
  29. 29.What is the simple interest on ₹7500 at 6% per year for 2 years (in ₹)?
  30. 30.A shopkeeper buys a watch for ₹1950 and sells it for ₹1700. What is the loss (in ₹)?
  31. 31.A cricket kit bought for ₹3300 is sold for ₹4620. What is the profit per cent?
  32. 32.What is the simple interest on ₹4800 at 7% per year for 1 year (in ₹)?
  33. 33.The price of a cricket ball changed from ₹400 to ₹40. What is the percentage decrease?
  34. 34.What is 95% of 860?
  35. 35.A watch bought for ₹3600 is sold for ₹5400. What is the profit per cent?
  36. 36.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2610. What is the loss (in ₹)?
  37. 37.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
  38. 38.A fan bought for ₹3700 is sold for ₹3330. What is the loss per cent?
  39. 39.What is the simple interest on ₹4500 at 8% per year for 2 years (in ₹)?
  40. 40.A cycle costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?

Answer key

  1. 280
  2. 230
  3. 210
  4. 4255
  5. 5616
  6. 12
  7. 90
  8. 25
  9. 230
  10. 160
  11. 3770
  12. 20
  13. 3875
  14. 6572
  15. 155
  16. 2184
  17. 1785
  18. 1860
  19. 90
  20. 2160
  21. 900
  22. 1595
  23. 10
  24. 2464
  25. 60
  26. 1250
  27. 1250
  28. 15
  29. 900
  30. 250
  31. 40
  32. 336
  33. 90
  34. 817
  35. 50
  36. 240
  37. 30
  38. 10
  39. 720
  40. 855

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