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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 901 · 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 35% of 100?
  2. 2.What is the simple interest on ₹6100 at 10% per year for 3 years (in ₹)?
  3. 3.A shopkeeper buys a fan for ₹300 and sells it for ₹130. What is the loss (in ₹)?
  4. 4.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2270. What is the loss (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8200 at 12% per year for 1 year (in ₹)?
  6. 6.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
  7. 7.What is 45% of 940?
  8. 8.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2210. What is the loss (in ₹)?
  9. 9.What is 5% of 260?
  10. 10.A fan costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.The price of a box of mangoes changed from ₹40 to ₹20. What is the percentage decrease?
  12. 12.A watch costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
  13. 13.A sewing machine costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  14. 14.A cycle bought for ₹600 is sold for ₹672. What is the profit per cent?
  15. 15.A cricket kit bought for ₹1200 is sold for ₹1320. What is the profit per cent?
  16. 16.What is 10% of 820?
  17. 17.A mobile phone costs ₹3600. It is sold at a 10% profit. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹2400 at 3% per year for 5 years (in ₹)?
  19. 19.What is 25% of 840?
  20. 20.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
  21. 21.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
  22. 22.A shopkeeper buys a fan for ₹1250 and sells it for ₹1540. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a cycle for ₹1150 and sells it for ₹960. What is the loss (in ₹)?
  24. 24.The price of a cricket ball changed from ₹100 to ₹95. What is the percentage decrease?
  25. 25.What is the amount (principal + simple interest) on ₹1400 at 8% per year for 1 year (in ₹)?
  26. 26.What is 10% of 960?
  27. 27.What is the simple interest on ₹8800 at 7% per year for 3 years (in ₹)?
  28. 28.What is the simple interest on ₹3300 at 5% per year for 5 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹3900 at 2% per year for 5 years (in ₹)?
  30. 30.What is the simple interest on ₹7800 at 3% per year for 4 years (in ₹)?
  31. 31.What is the simple interest on ₹7800 at 2% per year for 1 year (in ₹)?
  32. 32.What is 10% of 340?
  33. 33.A watch bought for ₹800 is sold for ₹960. What is the profit per cent?
  34. 34.A cycle costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹180. What is the loss (in ₹)?
  36. 36.A mobile phone bought for ₹3300 is sold for ₹3960. What is the profit per cent?
  37. 37.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
  38. 38.A shopkeeper buys a fan for ₹2700 and sells it for ₹2910. What is the profit (in ₹)?
  39. 39.A sewing machine bought for ₹800 is sold for ₹1040. What is the profit per cent?
  40. 40.What is the simple interest on ₹5800 at 3% per year for 3 years (in ₹)?

Answer key

  1. 35
  2. 1830
  3. 170
  4. 80
  5. 9184
  6. 90
  7. 423
  8. 40
  9. 13
  10. 3120
  11. 50
  12. 570
  13. 1000
  14. 12
  15. 10
  16. 82
  17. 3960
  18. 360
  19. 210
  20. 25
  21. 40
  22. 290
  23. 190
  24. 5
  25. 1512
  26. 96
  27. 1848
  28. 825
  29. 4290
  30. 936
  31. 156
  32. 34
  33. 20
  34. 4050
  35. 270
  36. 20
  37. 80
  38. 210
  39. 30
  40. 522

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