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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 934 · 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 ₹7800 at 11% per year for 1 year (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 3 years (in ₹)?
  3. 3.A shopkeeper buys a table for ₹2750 and sells it for ₹2640. What is the loss (in ₹)?
  4. 4.A fan costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
  5. 5.A mobile phone bought for ₹300 is sold for ₹336. What is the profit per cent?
  6. 6.What is 70% of 260?
  7. 7.What is the amount (principal + simple interest) on ₹9900 at 4% per year for 3 years (in ₹)?
  8. 8.What is 60% of 900?
  9. 9.What is 90% of 60?
  10. 10.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1170. What is the loss (in ₹)?
  11. 11.A cycle costs ₹1700. It is sold at a 5% profit. What is the selling price (in ₹)?
  12. 12.A cycle bought for ₹400 is sold for ₹240. What is the loss per cent?
  13. 13.A cycle costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  14. 14.What is 5% of 780?
  15. 15.What is the amount (principal + simple interest) on ₹900 at 10% per year for 2 years (in ₹)?
  16. 16.A watch costs ₹2900. It is sold at a 15% profit. What is the selling price (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 2 years (in ₹)?
  18. 18.The price of a cricket ball changed from ₹250 to ₹175. What is the percentage decrease?
  19. 19.What is the simple interest on ₹600 at 4% per year for 1 year (in ₹)?
  20. 20.What is the simple interest on ₹4200 at 12% per year for 3 years (in ₹)?
  21. 21.A mobile phone bought for ₹1000 is sold for ₹1200. What is the profit per cent?
  22. 22.A shopkeeper buys a table for ₹850 and sells it for ₹670. What is the loss (in ₹)?
  23. 23.The price of a pair of shoes changed from ₹200 to ₹360. What is the percentage increase?
  24. 24.What is the amount (principal + simple interest) on ₹4400 at 8% per year for 2 years (in ₹)?
  25. 25.A sewing machine bought for ₹2500 is sold for ₹2625. What is the profit per cent?
  26. 26.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 3 years (in ₹)?
  27. 27.What is the simple interest on ₹9200 at 11% per year for 1 year (in ₹)?
  28. 28.What is the simple interest on ₹900 at 11% per year for 3 years (in ₹)?
  29. 29.A cycle costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹6900 at 2% per year for 2 years (in ₹)?
  31. 31.What is the simple interest on ₹4900 at 12% per year for 3 years (in ₹)?
  32. 32.A fan bought for ₹1600 is sold for ₹2400. What is the profit per cent?
  33. 33.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1270. What is the loss (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹1100 and sells it for ₹1240. What is the profit (in ₹)?
  35. 35.What is 15% of 760?
  36. 36.What is 25% of 760?
  37. 37.What is the amount (principal + simple interest) on ₹500 at 8% per year for 5 years (in ₹)?
  38. 38.A cooler costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
  39. 39.The price of a school bag changed from ₹400 to ₹700. What is the percentage increase?
  40. 40.A cooler bought for ₹800 is sold for ₹896. What is the profit per cent?

Answer key

  1. 8658
  2. 2312
  3. 110
  4. 935
  5. 12
  6. 182
  7. 11088
  8. 540
  9. 54
  10. 30
  11. 1785
  12. 40
  13. 2730
  14. 39
  15. 1080
  16. 3335
  17. 3120
  18. 30
  19. 24
  20. 1512
  21. 20
  22. 180
  23. 80
  24. 5104
  25. 5
  26. 10790
  27. 1012
  28. 297
  29. 1920
  30. 276
  31. 1764
  32. 50
  33. 280
  34. 140
  35. 114
  36. 190
  37. 700
  38. 240
  39. 75
  40. 12

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