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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 925 · 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 ₹5000 at 6% per year for 2 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹5600 at 2% per year for 2 years (in ₹)?
  3. 3.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹950. What is the loss (in ₹)?
  4. 4.What is 95% of 740?
  5. 5.What is 60% of 220?
  6. 6.What is the amount (principal + simple interest) on ₹7000 at 10% per year for 2 years (in ₹)?
  7. 7.A table bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  8. 8.What is 60% of 460?
  9. 9.A watch costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
  10. 10.A table bought for ₹3100 is sold for ₹2325. What is the loss per cent?
  11. 11.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 5 years (in ₹)?
  12. 12.A cricket kit bought for ₹2000 is sold for ₹1200. What is the loss per cent?
  13. 13.What is the simple interest on ₹800 at 7% per year for 3 years (in ₹)?
  14. 14.A cricket kit bought for ₹2100 is sold for ₹2415. What is the profit per cent?
  15. 15.A fan costs ₹4000. It is sold at a 20% loss. What is the selling price (in ₹)?
  16. 16.What is 85% of 180?
  17. 17.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹10. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹900 at 8% per year for 5 years (in ₹)?
  19. 19.A shopkeeper buys a table for ₹850 and sells it for ₹620. What is the loss (in ₹)?
  20. 20.A cricket kit costs ₹200. It is sold at a 30% profit. What is the selling price (in ₹)?
  21. 21.What is 15% of 420?
  22. 22.What is 5% of 880?
  23. 23.The price of a bus pass changed from ₹80 to ₹120. What is the percentage increase?
  24. 24.The price of a bus pass changed from ₹50 to ₹95. What is the percentage increase?
  25. 25.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1850. What is the profit (in ₹)?
  26. 26.A table bought for ₹4000 is sold for ₹4600. What is the profit per cent?
  27. 27.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 4 years (in ₹)?
  28. 28.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
  29. 29.What is 90% of 700?
  30. 30.The price of a school bag changed from ₹80 to ₹100. What is the percentage increase?
  31. 31.The price of a pair of shoes changed from ₹40 to ₹52. What is the percentage increase?
  32. 32.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
  33. 33.A fan costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹3900 at 3% per year for 4 years (in ₹)?
  35. 35.The price of a box of mangoes changed from ₹40 to ₹42. What is the percentage increase?
  36. 36.The price of a school bag changed from ₹50 to ₹10. What is the percentage decrease?
  37. 37.A cooler bought for ₹2100 is sold for ₹1995. What is the loss per cent?
  38. 38.What is the amount (principal + simple interest) on ₹8700 at 9% per year for 4 years (in ₹)?
  39. 39.A fan bought for ₹2600 is sold for ₹2990. What is the profit per cent?
  40. 40.The price of a bus pass changed from ₹250 to ₹255. What is the percentage increase?

Answer key

  1. 600
  2. 5824
  3. 300
  4. 703
  5. 132
  6. 8400
  7. 12
  8. 276
  9. 1050
  10. 25
  11. 3500
  12. 40
  13. 168
  14. 15
  15. 3200
  16. 153
  17. 190
  18. 1260
  19. 230
  20. 260
  21. 63
  22. 44
  23. 50
  24. 90
  25. 100
  26. 15
  27. 3168
  28. 40
  29. 630
  30. 25
  31. 30
  32. 30
  33. 3920
  34. 468
  35. 5
  36. 80
  37. 5
  38. 11832
  39. 15
  40. 2

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