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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 941 · 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 ₹2300 at 2% per year for 1 year (in ₹)?
  2. 2.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹340. What is the profit (in ₹)?
  3. 3.A mobile phone bought for ₹3400 is sold for ₹3910. What is the profit per cent?
  4. 4.What is the simple interest on ₹9100 at 5% per year for 1 year (in ₹)?
  5. 5.A watch bought for ₹600 is sold for ₹510. What is the loss per cent?
  6. 6.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  7. 7.What is 30% of 220?
  8. 8.A cricket kit bought for ₹1200 is sold for ₹1320. What is the profit per cent?
  9. 9.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1460. What is the loss (in ₹)?
  10. 10.A shopkeeper buys a table for ₹2700 and sells it for ₹2410. What is the loss (in ₹)?
  11. 11.A mobile phone costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹5000 at 10% per year for 1 year (in ₹)?
  13. 13.The price of a water bottle changed from ₹50 to ₹49. What is the percentage decrease?
  14. 14.What is 20% of 540?
  15. 15.A shopkeeper buys a cycle for ₹650 and sells it for ₹350. What is the loss (in ₹)?
  16. 16.What is the simple interest on ₹8400 at 12% per year for 2 years (in ₹)?
  17. 17.What is the simple interest on ₹6500 at 10% per year for 4 years (in ₹)?
  18. 18.A mobile phone bought for ₹1200 is sold for ₹1080. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹4300 at 12% per year for 4 years (in ₹)?
  20. 20.The price of a bus pass changed from ₹20 to ₹2. What is the percentage decrease?
  21. 21.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2640. What is the profit (in ₹)?
  22. 22.What is the simple interest on ₹9300 at 7% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹2050 and sells it for ₹1790. What is the loss (in ₹)?
  24. 24.What is 5% of 560?
  25. 25.What is 25% of 200?
  26. 26.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
  27. 27.A fan bought for ₹1300 is sold for ₹650. What is the loss per cent?
  28. 28.A shopkeeper buys a fan for ₹2650 and sells it for ₹2360. What is the loss (in ₹)?
  29. 29.What is the simple interest on ₹3700 at 7% per year for 3 years (in ₹)?
  30. 30.A sewing machine bought for ₹1500 is sold for ₹1575. What is the profit per cent?
  31. 31.What is the simple interest on ₹500 at 10% per year for 2 years (in ₹)?
  32. 32.The price of a water bottle changed from ₹400 to ₹160. What is the percentage decrease?
  33. 33.A table costs ₹1400. It is sold at a 20% profit. What is the selling price (in ₹)?
  34. 34.What is 35% of 860?
  35. 35.What is the amount (principal + simple interest) on ₹1000 at 9% per year for 2 years (in ₹)?
  36. 36.What is 55% of 180?
  37. 37.What is the simple interest on ₹6400 at 5% per year for 3 years (in ₹)?
  38. 38.The price of a water bottle changed from ₹400 to ₹500. What is the percentage increase?
  39. 39.A cooler costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹2950 and sells it for ₹3180. What is the profit (in ₹)?

Answer key

  1. 2346
  2. 140
  3. 15
  4. 455
  5. 15
  6. 40
  7. 66
  8. 10
  9. 190
  10. 290
  11. 3625
  12. 500
  13. 2
  14. 108
  15. 300
  16. 2016
  17. 2600
  18. 10
  19. 6364
  20. 90
  21. 90
  22. 1953
  23. 260
  24. 28
  25. 50
  26. 20
  27. 50
  28. 290
  29. 777
  30. 5
  31. 100
  32. 60
  33. 1680
  34. 301
  35. 1180
  36. 99
  37. 960
  38. 25
  39. 945
  40. 230

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