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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 843 · 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.A shopkeeper buys a fan for ₹450 and sells it for ₹590. What is the profit (in ₹)?
  2. 2.What is 65% of 260?
  3. 3.A table costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
  4. 4.The price of a school bag changed from ₹500 to ₹250. What is the percentage decrease?
  5. 5.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 2 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹8900 at 6% per year for 2 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹8800 at 7% per year for 1 year (in ₹)?
  8. 8.A cricket kit bought for ₹3800 is sold for ₹3344. What is the loss per cent?
  9. 9.What is the amount (principal + simple interest) on ₹1600 at 9% per year for 2 years (in ₹)?
  10. 10.What is 70% of 160?
  11. 11.A table bought for ₹3000 is sold for ₹2640. What is the loss per cent?
  12. 12.What is 65% of 880?
  13. 13.What is the amount (principal + simple interest) on ₹9300 at 10% per year for 4 years (in ₹)?
  14. 14.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2390. What is the loss (in ₹)?
  15. 15.What is the simple interest on ₹3700 at 7% per year for 2 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹3800 at 7% per year for 1 year (in ₹)?
  17. 17.A mobile phone bought for ₹3800 is sold for ₹5320. What is the profit per cent?
  18. 18.What is 45% of 520?
  19. 19.What is 95% of 380?
  20. 20.What is the amount (principal + simple interest) on ₹5100 at 12% per year for 2 years (in ₹)?
  21. 21.A sewing machine costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
  22. 22.A cycle bought for ₹1200 is sold for ₹1260. What is the profit per cent?
  23. 23.A sewing machine costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
  24. 24.What is 15% of 720?
  25. 25.A fan costs ₹2400. It is sold at a 15% loss. What is the selling price (in ₹)?
  26. 26.A cooler bought for ₹800 is sold for ₹896. What is the profit per cent?
  27. 27.A cycle bought for ₹800 is sold for ₹960. What is the profit per cent?
  28. 28.A shopkeeper buys a watch for ₹2400 and sells it for ₹2320. What is the loss (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 5 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹3300 at 3% per year for 1 year (in ₹)?
  31. 31.The price of a water bottle changed from ₹400 to ₹40. What is the percentage decrease?
  32. 32.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 3 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 2 years (in ₹)?
  34. 34.What is the simple interest on ₹9000 at 8% per year for 3 years (in ₹)?
  35. 35.What is the simple interest on ₹5200 at 7% per year for 5 years (in ₹)?
  36. 36.A cycle bought for ₹600 is sold for ₹690. What is the profit per cent?
  37. 37.What is the amount (principal + simple interest) on ₹5900 at 9% per year for 4 years (in ₹)?
  38. 38.What is the simple interest on ₹5600 at 8% per year for 5 years (in ₹)?
  39. 39.A sewing machine bought for ₹1200 is sold for ₹1320. What is the profit per cent?
  40. 40.What is 40% of 1000?

Answer key

  1. 140
  2. 169
  3. 5600
  4. 50
  5. 8320
  6. 9968
  7. 9416
  8. 12
  9. 1888
  10. 112
  11. 12
  12. 572
  13. 13020
  14. 10
  15. 518
  16. 4066
  17. 40
  18. 234
  19. 361
  20. 6324
  21. 420
  22. 5
  23. 1800
  24. 108
  25. 2040
  26. 12
  27. 20
  28. 80
  29. 7475
  30. 3399
  31. 90
  32. 3720
  33. 6864
  34. 2160
  35. 1820
  36. 15
  37. 8024
  38. 2240
  39. 10
  40. 400

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