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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 918 · 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 simple interest on ₹7700 at 5% per year for 5 years (in ₹)?
  2. 2.What is 5% of 140?
  3. 3.A shopkeeper buys a table for ₹2900 and sells it for ₹3020. What is the profit (in ₹)?
  4. 4.A table bought for ₹500 is sold for ₹375. What is the loss per cent?
  5. 5.A watch costs ₹1700. It is sold at a 10% loss. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹6700 at 2% per year for 2 years (in ₹)?
  7. 7.The price of a cricket ball changed from ₹20 to ₹36. What is the percentage increase?
  8. 8.The price of a school bag changed from ₹250 to ₹275. What is the percentage increase?
  9. 9.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
  10. 10.A shopkeeper buys a cycle for ₹900 and sells it for ₹840. What is the loss (in ₹)?
  11. 11.What is the simple interest on ₹8500 at 6% per year for 3 years (in ₹)?
  12. 12.A shopkeeper buys a table for ₹1350 and sells it for ₹1190. What is the loss (in ₹)?
  13. 13.The price of a bus pass changed from ₹100 to ₹101. What is the percentage increase?
  14. 14.A cooler bought for ₹1900 is sold for ₹2850. What is the profit per cent?
  15. 15.The price of a water bottle changed from ₹100 to ₹105. What is the percentage increase?
  16. 16.A cricket kit bought for ₹3900 is sold for ₹3705. What is the loss per cent?
  17. 17.What is the simple interest on ₹3000 at 5% per year for 3 years (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹550 and sells it for ₹400. What is the loss (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹700 at 12% per year for 4 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹1800 at 12% per year for 3 years (in ₹)?
  21. 21.A cooler bought for ₹3200 is sold for ₹2880. What is the loss per cent?
  22. 22.What is 40% of 460?
  23. 23.A cooler bought for ₹400 is sold for ₹320. What is the loss per cent?
  24. 24.The price of a school bag changed from ₹100 to ₹95. What is the percentage decrease?
  25. 25.A cricket kit bought for ₹3000 is sold for ₹3150. What is the profit per cent?
  26. 26.What is the simple interest on ₹5500 at 8% per year for 1 year (in ₹)?
  27. 27.What is 55% of 300?
  28. 28.A shopkeeper buys a watch for ₹1150 and sells it for ₹1160. What is the profit (in ₹)?
  29. 29.What is 90% of 100?
  30. 30.The price of a box of mangoes changed from ₹100 to ₹10. What is the percentage decrease?
  31. 31.What is 55% of 780?
  32. 32.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2470. What is the profit (in ₹)?
  33. 33.What is the simple interest on ₹1700 at 10% per year for 4 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹4800 at 6% per year for 2 years (in ₹)?
  35. 35.What is 5% of 600?
  36. 36.A shopkeeper buys a watch for ₹2650 and sells it for ₹2690. What is the profit (in ₹)?
  37. 37.What is the simple interest on ₹8600 at 7% per year for 2 years (in ₹)?
  38. 38.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
  39. 39.A shopkeeper buys a fan for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
  40. 40.A watch bought for ₹200 is sold for ₹250. What is the profit per cent?

Answer key

  1. 1925
  2. 7
  3. 120
  4. 25
  5. 1530
  6. 268
  7. 80
  8. 10
  9. 20
  10. 60
  11. 1530
  12. 160
  13. 1
  14. 50
  15. 5
  16. 5
  17. 450
  18. 150
  19. 1036
  20. 2448
  21. 10
  22. 184
  23. 20
  24. 5
  25. 5
  26. 440
  27. 165
  28. 10
  29. 90
  30. 90
  31. 429
  32. 220
  33. 680
  34. 5376
  35. 30
  36. 40
  37. 1204
  38. 2
  39. 210
  40. 25

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