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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 852 · 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 cycle for ₹650 and sells it for ₹630. What is the loss (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹750 and sells it for ₹620. What is the loss (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹5800 at 4% per year for 4 years (in ₹)?
  4. 4.What is the simple interest on ₹900 at 8% per year for 2 years (in ₹)?
  5. 5.A cricket kit bought for ₹2400 is sold for ₹2112. What is the loss per cent?
  6. 6.The price of a cricket ball changed from ₹500 to ₹800. What is the percentage increase?
  7. 7.What is 20% of 100?
  8. 8.A cycle bought for ₹1400 is sold for ₹1960. What is the profit per cent?
  9. 9.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 4 years (in ₹)?
  10. 10.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
  11. 11.A shopkeeper buys a fan for ₹2200 and sells it for ₹2010. What is the loss (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 1 year (in ₹)?
  13. 13.A mobile phone bought for ₹400 is sold for ₹320. What is the loss per cent?
  14. 14.A cycle bought for ₹700 is sold for ₹525. What is the loss per cent?
  15. 15.A shopkeeper buys a cooler for ₹950 and sells it for ₹820. What is the loss (in ₹)?
  16. 16.The price of a cricket ball changed from ₹100 to ₹175. What is the percentage increase?
  17. 17.What is 90% of 260?
  18. 18.A shopkeeper buys a cooler for ₹2400 and sells it for ₹2560. What is the profit (in ₹)?
  19. 19.A cricket kit costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 3 years (in ₹)?
  21. 21.What is 20% of 580?
  22. 22.What is the simple interest on ₹2000 at 6% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹10000 at 10% per year for 2 years (in ₹)?
  24. 24.What is the simple interest on ₹5300 at 3% per year for 3 years (in ₹)?
  25. 25.A shopkeeper buys a table for ₹300 and sells it for ₹340. What is the profit (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹9100 at 4% per year for 2 years (in ₹)?
  27. 27.A fan bought for ₹900 is sold for ₹990. What is the profit per cent?
  28. 28.What is 5% of 40?
  29. 29.What is the amount (principal + simple interest) on ₹4000 at 4% per year for 4 years (in ₹)?
  30. 30.What is the simple interest on ₹9200 at 9% per year for 5 years (in ₹)?
  31. 31.The price of a box of mangoes changed from ₹100 to ₹20. What is the percentage decrease?
  32. 32.A mobile phone costs ₹2000. It is sold at a 15% profit. What is the selling price (in ₹)?
  33. 33.The price of a school bag changed from ₹500 to ₹490. What is the percentage decrease?
  34. 34.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 1 year (in ₹)?
  35. 35.A cricket kit bought for ₹3800 is sold for ₹1900. What is the loss per cent?
  36. 36.A table costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹2600 at 9% per year for 4 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹5700 at 8% per year for 4 years (in ₹)?
  39. 39.What is 90% of 560?
  40. 40.The price of a bus pass changed from ₹200 to ₹20. What is the percentage decrease?

Answer key

  1. 20
  2. 130
  3. 6728
  4. 144
  5. 12
  6. 60
  7. 20
  8. 40
  9. 3996
  10. 75
  11. 190
  12. 4704
  13. 20
  14. 25
  15. 130
  16. 75
  17. 234
  18. 160
  19. 1375
  20. 11832
  21. 116
  22. 120
  23. 2000
  24. 477
  25. 40
  26. 9828
  27. 10
  28. 2
  29. 4640
  30. 4140
  31. 80
  32. 2300
  33. 2
  34. 8748
  35. 50
  36. 380
  37. 936
  38. 7524
  39. 504
  40. 90

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