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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 933 · 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 ₹2100 at 4% per year for 2 years (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹1300 and sells it for ₹1380. What is the profit (in ₹)?
  3. 3.A fan bought for ₹2600 is sold for ₹2340. What is the loss per cent?
  4. 4.A shopkeeper buys a cooler for ₹950 and sells it for ₹1070. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹600 at 3% per year for 2 years (in ₹)?
  6. 6.What is 45% of 160?
  7. 7.The price of a water bottle changed from ₹100 to ₹40. What is the percentage decrease?
  8. 8.A cooler costs ₹300. It is sold at a 5% loss. What is the selling price (in ₹)?
  9. 9.What is 15% of 220?
  10. 10.What is 20% of 800?
  11. 11.A shopkeeper buys a watch for ₹250 and sells it for ₹480. What is the profit (in ₹)?
  12. 12.A cooler costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹700 and sells it for ₹730. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹310. What is the profit (in ₹)?
  15. 15.The price of a box of mangoes changed from ₹200 to ₹280. What is the percentage increase?
  16. 16.A fan bought for ₹500 is sold for ₹700. What is the profit per cent?
  17. 17.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2810. What is the profit (in ₹)?
  18. 18.What is the simple interest on ₹1100 at 4% per year for 4 years (in ₹)?
  19. 19.What is 40% of 840?
  20. 20.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1870. What is the profit (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 5 years (in ₹)?
  22. 22.A mobile phone bought for ₹1200 is sold for ₹1260. What is the profit per cent?
  23. 23.A shopkeeper buys a watch for ₹1550 and sells it for ₹1470. What is the loss (in ₹)?
  24. 24.What is 90% of 540?
  25. 25.A cycle bought for ₹700 is sold for ₹595. What is the loss per cent?
  26. 26.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
  27. 27.What is the simple interest on ₹6200 at 7% per year for 3 years (in ₹)?
  28. 28.What is the simple interest on ₹6400 at 2% per year for 4 years (in ₹)?
  29. 29.A watch bought for ₹1100 is sold for ₹935. What is the loss per cent?
  30. 30.A sewing machine costs ₹4000. It is sold at a 15% loss. What is the selling price (in ₹)?
  31. 31.A cycle bought for ₹700 is sold for ₹560. What is the loss per cent?
  32. 32.The price of a school bag changed from ₹250 to ₹100. What is the percentage decrease?
  33. 33.What is 35% of 180?
  34. 34.A cycle bought for ₹2500 is sold for ₹2625. What is the profit per cent?
  35. 35.What is the amount (principal + simple interest) on ₹9800 at 9% per year for 1 year (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹7800 at 9% per year for 3 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹1500 at 9% per year for 4 years (in ₹)?
  38. 38.A table costs ₹3900. It is sold at a 5% profit. What is the selling price (in ₹)?
  39. 39.A fan costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a watch for ₹1550 and sells it for ₹1500. What is the loss (in ₹)?

Answer key

  1. 2268
  2. 80
  3. 10
  4. 120
  5. 636
  6. 72
  7. 60
  8. 285
  9. 33
  10. 160
  11. 230
  12. 1540
  13. 30
  14. 110
  15. 40
  16. 40
  17. 10
  18. 176
  19. 336
  20. 20
  21. 11745
  22. 5
  23. 80
  24. 486
  25. 15
  26. 60
  27. 1302
  28. 512
  29. 15
  30. 3400
  31. 20
  32. 60
  33. 63
  34. 5
  35. 10682
  36. 9906
  37. 2040
  38. 4095
  39. 2340
  40. 50

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