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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 95 · 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 cycle bought for ₹2900 is sold for ₹3770. What is the profit per cent?
  2. 2.What is the simple interest on ₹9400 at 2% per year for 2 years (in ₹)?
  3. 3.What is the simple interest on ₹2100 at 6% per year for 1 year (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3090. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹9300 at 9% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹1900 at 10% per year for 3 years (in ₹)?
  7. 7.A fan costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
  8. 8.A cooler costs ₹400. It is sold at a 12% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5000 at 4% per year for 4 years (in ₹)?
  10. 10.What is the simple interest on ₹5800 at 11% per year for 3 years (in ₹)?
  11. 11.A fan bought for ₹700 is sold for ₹490. What is the loss per cent?
  12. 12.A shopkeeper buys a watch for ₹1100 and sells it for ₹1180. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹7100 at 12% per year for 3 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹2600 at 12% per year for 1 year (in ₹)?
  16. 16.What is 65% of 660?
  17. 17.A fan bought for ₹200 is sold for ₹150. What is the loss per cent?
  18. 18.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 1 year (in ₹)?
  19. 19.What is 90% of 660?
  20. 20.What is 70% of 900?
  21. 21.The price of a box of mangoes changed from ₹40 to ₹72. What is the percentage increase?
  22. 22.What is the amount (principal + simple interest) on ₹2500 at 8% per year for 2 years (in ₹)?
  23. 23.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
  24. 24.A watch costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹1800 at 9% per year for 1 year (in ₹)?
  26. 26.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹690. What is the profit (in ₹)?
  27. 27.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹710. What is the profit (in ₹)?
  28. 28.What is the simple interest on ₹1700 at 3% per year for 1 year (in ₹)?
  29. 29.What is 25% of 260?
  30. 30.A cycle bought for ₹1300 is sold for ₹780. What is the loss per cent?
  31. 31.A shopkeeper buys a table for ₹2750 and sells it for ₹2480. What is the loss (in ₹)?
  32. 32.A sewing machine bought for ₹2800 is sold for ₹1400. What is the loss per cent?
  33. 33.A fan bought for ₹300 is sold for ₹270. What is the loss per cent?
  34. 34.A cycle bought for ₹900 is sold for ₹1008. What is the profit per cent?
  35. 35.The price of a water bottle changed from ₹80 to ₹88. What is the percentage increase?
  36. 36.What is the amount (principal + simple interest) on ₹2100 at 8% per year for 1 year (in ₹)?
  37. 37.What is 90% of 420?
  38. 38.What is 10% of 520?
  39. 39.What is the simple interest on ₹2900 at 4% per year for 1 year (in ₹)?
  40. 40.What is 90% of 360?

Answer key

  1. 30
  2. 376
  3. 126
  4. 240
  5. 10137
  6. 2470
  7. 2970
  8. 352
  9. 5800
  10. 1914
  11. 30
  12. 80
  13. 110
  14. 9656
  15. 2912
  16. 429
  17. 25
  18. 4840
  19. 594
  20. 630
  21. 80
  22. 2900
  23. 10
  24. 1232
  25. 162
  26. 140
  27. 260
  28. 51
  29. 65
  30. 40
  31. 270
  32. 50
  33. 10
  34. 12
  35. 10
  36. 2268
  37. 378
  38. 52
  39. 116
  40. 324

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