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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 842 · 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.

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  1. 1.What is 10% of 140?
  2. 2.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1870. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹2700 at 2% per year for 4 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹6200 at 2% per year for 3 years (in ₹)?
  5. 5.A sewing machine costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
  6. 6.A sewing machine costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹800 at 2% per year for 2 years (in ₹)?
  8. 8.What is the simple interest on ₹9500 at 7% per year for 4 years (in ₹)?
  9. 9.The price of a water bottle changed from ₹100 to ₹95. What is the percentage decrease?
  10. 10.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
  11. 11.What is the simple interest on ₹2800 at 10% per year for 5 years (in ₹)?
  12. 12.A fan costs ₹2200. It is sold at a 15% profit. What is the selling price (in ₹)?
  13. 13.What is 20% of 640?
  14. 14.What is the simple interest on ₹8300 at 3% per year for 4 years (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1340. What is the loss (in ₹)?
  16. 16.What is 10% of 300?
  17. 17.What is the amount (principal + simple interest) on ₹2500 at 8% per year for 3 years (in ₹)?
  18. 18.What is the simple interest on ₹8000 at 6% per year for 1 year (in ₹)?
  19. 19.What is 20% of 320?
  20. 20.A cycle costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
  21. 21.What is 75% of 1000?
  22. 22.What is the simple interest on ₹3900 at 11% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹2600 at 11% per year for 2 years (in ₹)?
  24. 24.A cricket kit bought for ₹400 is sold for ₹440. What is the profit per cent?
  25. 25.A fan costs ₹1500. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹320. What is the profit (in ₹)?
  27. 27.What is 60% of 320?
  28. 28.A shopkeeper buys a cycle for ₹3000 and sells it for ₹2870. What is the loss (in ₹)?
  29. 29.What is 95% of 480?
  30. 30.A table bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  31. 31.What is the simple interest on ₹9000 at 2% per year for 1 year (in ₹)?
  32. 32.A mobile phone bought for ₹1600 is sold for ₹1760. What is the profit per cent?
  33. 33.The price of a bus pass changed from ₹500 to ₹525. What is the percentage increase?
  34. 34.What is the amount (principal + simple interest) on ₹1300 at 6% per year for 3 years (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹350 and sells it for ₹290. What is the loss (in ₹)?
  36. 36.The price of a bus pass changed from ₹200 to ₹120. What is the percentage decrease?
  37. 37.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1840. What is the loss (in ₹)?
  38. 38.The price of a school bag changed from ₹400 to ₹396. What is the percentage decrease?
  39. 39.What is the simple interest on ₹5100 at 7% per year for 5 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹5300 at 7% per year for 1 year (in ₹)?

Answer key

  1. 14
  2. 120
  3. 2916
  4. 6572
  5. 240
  6. 2040
  7. 832
  8. 2660
  9. 5
  10. 50
  11. 1400
  12. 2530
  13. 128
  14. 996
  15. 110
  16. 30
  17. 3100
  18. 480
  19. 64
  20. 1750
  21. 750
  22. 429
  23. 572
  24. 10
  25. 1425
  26. 70
  27. 192
  28. 130
  29. 456
  30. 12
  31. 180
  32. 10
  33. 5
  34. 1534
  35. 60
  36. 40
  37. 60
  38. 1
  39. 1785
  40. 5671

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