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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 957 · 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 fan bought for ₹2500 is sold for ₹2125. What is the loss per cent?
  2. 2.What is the simple interest on ₹7000 at 3% per year for 2 years (in ₹)?
  3. 3.A mobile phone bought for ₹1500 is sold for ₹1575. What is the profit per cent?
  4. 4.A fan costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
  5. 5.What is 10% of 960?
  6. 6.A cricket kit bought for ₹400 is sold for ₹600. What is the profit per cent?
  7. 7.What is the simple interest on ₹6100 at 7% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a watch for ₹1400 and sells it for ₹1610. What is the profit (in ₹)?
  9. 9.The price of a water bottle changed from ₹500 to ₹510. What is the percentage increase?
  10. 10.What is the simple interest on ₹2400 at 2% per year for 5 years (in ₹)?
  11. 11.What is the simple interest on ₹2500 at 2% per year for 3 years (in ₹)?
  12. 12.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1690. What is the loss (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹3300 at 9% per year for 5 years (in ₹)?
  14. 14.What is 65% of 140?
  15. 15.What is the simple interest on ₹10000 at 4% per year for 1 year (in ₹)?
  16. 16.What is the simple interest on ₹2800 at 10% per year for 2 years (in ₹)?
  17. 17.A fan bought for ₹4000 is sold for ₹2800. What is the loss per cent?
  18. 18.What is 5% of 360?
  19. 19.What is 20% of 660?
  20. 20.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹140. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹200 and sells it for ₹270. What is the profit (in ₹)?
  22. 22.A cricket kit bought for ₹2000 is sold for ₹2400. What is the profit per cent?
  23. 23.A cycle bought for ₹400 is sold for ₹448. What is the profit per cent?
  24. 24.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 2 years (in ₹)?
  25. 25.What is the simple interest on ₹8600 at 9% per year for 2 years (in ₹)?
  26. 26.What is the simple interest on ₹1800 at 10% per year for 4 years (in ₹)?
  27. 27.What is the simple interest on ₹800 at 8% per year for 3 years (in ₹)?
  28. 28.What is 10% of 120?
  29. 29.What is 10% of 740?
  30. 30.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹640. What is the profit (in ₹)?
  31. 31.A table costs ₹2900. It is sold at a 30% loss. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹4100 at 5% per year for 3 years (in ₹)?
  33. 33.What is 75% of 1000?
  34. 34.What is 70% of 660?
  35. 35.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
  36. 36.The price of a school bag changed from ₹80 to ₹60. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 5 years (in ₹)?
  38. 38.A watch costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
  39. 39.A cooler bought for ₹600 is sold for ₹528. What is the loss per cent?
  40. 40.A watch bought for ₹400 is sold for ₹420. What is the profit per cent?

Answer key

  1. 15
  2. 420
  3. 5
  4. 5000
  5. 96
  6. 50
  7. 427
  8. 210
  9. 2
  10. 240
  11. 150
  12. 10
  13. 4785
  14. 91
  15. 400
  16. 560
  17. 30
  18. 18
  19. 132
  20. 60
  21. 70
  22. 20
  23. 12
  24. 7176
  25. 1548
  26. 720
  27. 192
  28. 12
  29. 74
  30. 290
  31. 2030
  32. 615
  33. 750
  34. 462
  35. 80
  36. 25
  37. 2755
  38. 1350
  39. 12
  40. 5

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