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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 909 · 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 amount (principal + simple interest) on ₹2300 at 8% per year for 3 years (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹1250 and sells it for ₹1140. What is the loss (in ₹)?
  3. 3.A fan costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
  4. 4.What is 70% of 160?
  5. 5.A mobile phone costs ₹1000. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.The price of a cricket ball changed from ₹500 to ₹125. What is the percentage decrease?
  7. 7.What is the amount (principal + simple interest) on ₹4300 at 6% per year for 2 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹4200 at 10% per year for 2 years (in ₹)?
  9. 9.A cooler bought for ₹2400 is sold for ₹1680. What is the loss per cent?
  10. 10.What is the simple interest on ₹5500 at 6% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 4 years (in ₹)?
  12. 12.What is 10% of 120?
  13. 13.A cricket kit costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹2000 at 3% per year for 2 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 3 years (in ₹)?
  16. 16.What is the simple interest on ₹500 at 2% per year for 2 years (in ₹)?
  17. 17.A cooler bought for ₹900 is sold for ₹1170. What is the profit per cent?
  18. 18.A cycle bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  19. 19.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  20. 20.What is 15% of 340?
  21. 21.What is the amount (principal + simple interest) on ₹8400 at 2% per year for 4 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹2400 at 9% per year for 1 year (in ₹)?
  23. 23.A cycle bought for ₹2800 is sold for ₹2240. What is the loss per cent?
  24. 24.What is 45% of 120?
  25. 25.A fan costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
  26. 26.A fan bought for ₹500 is sold for ₹375. What is the loss per cent?
  27. 27.What is the amount (principal + simple interest) on ₹6000 at 5% per year for 5 years (in ₹)?
  28. 28.A shopkeeper buys a fan for ₹1950 and sells it for ₹2100. What is the profit (in ₹)?
  29. 29.What is 20% of 400?
  30. 30.What is the amount (principal + simple interest) on ₹9700 at 11% per year for 3 years (in ₹)?
  31. 31.A fan bought for ₹1100 is sold for ₹1320. What is the profit per cent?
  32. 32.The price of a box of mangoes changed from ₹40 to ₹28. What is the percentage decrease?
  33. 33.What is the simple interest on ₹9400 at 12% per year for 1 year (in ₹)?
  34. 34.A mobile phone bought for ₹500 is sold for ₹375. What is the loss per cent?
  35. 35.What is the simple interest on ₹6800 at 4% per year for 3 years (in ₹)?
  36. 36.What is the simple interest on ₹4100 at 10% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2390. What is the profit (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹5600 at 12% per year for 1 year (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹2750 and sells it for ₹2900. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 5 years (in ₹)?

Answer key

  1. 2852
  2. 110
  3. 880
  4. 112
  5. 750
  6. 75
  7. 4816
  8. 5040
  9. 30
  10. 1650
  11. 7668
  12. 12
  13. 420
  14. 120
  15. 6785
  16. 20
  17. 30
  18. 12
  19. 60
  20. 51
  21. 9072
  22. 2616
  23. 20
  24. 54
  25. 875
  26. 25
  27. 7500
  28. 150
  29. 80
  30. 12901
  31. 20
  32. 30
  33. 1128
  34. 25
  35. 816
  36. 2050
  37. 90
  38. 6272
  39. 150
  40. 12000

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