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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 931 · 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 fan for ₹300 and sells it for ₹130. What is the loss (in ₹)?
  2. 2.A cricket kit bought for ₹400 is sold for ₹448. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹3600 at 9% per year for 4 years (in ₹)?
  4. 4.What is 90% of 500?
  5. 5.What is 60% of 920?
  6. 6.What is the simple interest on ₹9200 at 12% per year for 3 years (in ₹)?
  7. 7.What is 65% of 800?
  8. 8.What is the simple interest on ₹2400 at 9% per year for 4 years (in ₹)?
  9. 9.What is 55% of 160?
  10. 10.A cooler bought for ₹2600 is sold for ₹2860. What is the profit per cent?
  11. 11.What is the simple interest on ₹4500 at 6% per year for 4 years (in ₹)?
  12. 12.What is 55% of 700?
  13. 13.What is the simple interest on ₹2900 at 11% per year for 4 years (in ₹)?
  14. 14.What is 55% of 840?
  15. 15.The price of a cricket ball changed from ₹80 to ₹120. What is the percentage increase?
  16. 16.What is 35% of 820?
  17. 17.A fan costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
  18. 18.A watch costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
  19. 19.What is 45% of 540?
  20. 20.A shopkeeper buys a watch for ₹250 and sells it for ₹370. What is the profit (in ₹)?
  21. 21.What is the simple interest on ₹7300 at 4% per year for 1 year (in ₹)?
  22. 22.What is 80% of 80?
  23. 23.What is the simple interest on ₹9900 at 4% per year for 2 years (in ₹)?
  24. 24.What is 80% of 360?
  25. 25.What is the simple interest on ₹7700 at 11% per year for 1 year (in ₹)?
  26. 26.The price of a school bag changed from ₹80 to ₹96. What is the percentage increase?
  27. 27.What is the simple interest on ₹7700 at 6% per year for 3 years (in ₹)?
  28. 28.A table costs ₹300. It is sold at a 12% loss. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹560. What is the profit (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1130. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹9800 at 2% per year for 2 years (in ₹)?
  32. 32.A sewing machine costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.A cricket kit costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹6600 at 2% per year for 1 year (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹5800 at 2% per year for 1 year (in ₹)?
  36. 36.What is 80% of 840?
  37. 37.A watch costs ₹800. It is sold at a 10% loss. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a table for ₹250 and sells it for ₹140. What is the loss (in ₹)?
  39. 39.A table costs ₹3600. It is sold at a 20% profit. What is the selling price (in ₹)?
  40. 40.What is 35% of 720?

Answer key

  1. 170
  2. 12
  3. 4896
  4. 450
  5. 552
  6. 3312
  7. 520
  8. 864
  9. 88
  10. 10
  11. 1080
  12. 385
  13. 1276
  14. 462
  15. 50
  16. 287
  17. 2240
  18. 5250
  19. 243
  20. 120
  21. 292
  22. 64
  23. 792
  24. 288
  25. 847
  26. 20
  27. 1386
  28. 264
  29. 160
  30. 80
  31. 392
  32. 990
  33. 1008
  34. 132
  35. 5916
  36. 672
  37. 720
  38. 110
  39. 4320
  40. 252

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