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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 965 · 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 ₹5600 at 6% per year for 2 years (in ₹)?
  2. 2.A cooler bought for ₹2000 is sold for ₹2400. What is the profit per cent?
  3. 3.What is 70% of 560?
  4. 4.A shopkeeper buys a cycle for ₹950 and sells it for ₹700. What is the loss (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹2600 at 5% per year for 2 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹6200 at 2% per year for 2 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹8100 at 4% per year for 4 years (in ₹)?
  8. 8.What is 20% of 240?
  9. 9.A shopkeeper buys a table for ₹200 and sells it for ₹250. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹1250 and sells it for ₹1450. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹840. What is the loss (in ₹)?
  12. 12.A fan bought for ₹3800 is sold for ₹4180. What is the profit per cent?
  13. 13.What is 75% of 1000?
  14. 14.The price of a pair of shoes changed from ₹40 to ₹28. What is the percentage decrease?
  15. 15.What is the amount (principal + simple interest) on ₹8800 at 10% per year for 5 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹9900 at 4% per year for 2 years (in ₹)?
  17. 17.What is 5% of 860?
  18. 18.A sewing machine costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
  19. 19.What is 80% of 220?
  20. 20.What is 40% of 260?
  21. 21.A mobile phone costs ₹3700. It is sold at a 50% loss. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1090. What is the profit (in ₹)?
  23. 23.A watch bought for ₹3800 is sold for ₹4180. What is the profit per cent?
  24. 24.What is 70% of 820?
  25. 25.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 2 years (in ₹)?
  26. 26.The price of a box of mangoes changed from ₹500 to ₹505. What is the percentage increase?
  27. 27.What is the amount (principal + simple interest) on ₹8200 at 8% per year for 2 years (in ₹)?
  28. 28.What is the simple interest on ₹5500 at 8% per year for 4 years (in ₹)?
  29. 29.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹3030. What is the profit (in ₹)?
  30. 30.A cooler costs ₹2300. It is sold at a 15% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹6100 at 3% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹1850 and sells it for ₹2150. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹450 and sells it for ₹180. What is the loss (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹8700 at 10% per year for 4 years (in ₹)?
  35. 35.The price of a bus pass changed from ₹40 to ₹20. What is the percentage decrease?
  36. 36.What is the amount (principal + simple interest) on ₹4300 at 6% per year for 1 year (in ₹)?
  37. 37.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1210. What is the profit (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹7500 at 10% per year for 5 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹2000 at 5% per year for 3 years (in ₹)?
  40. 40.A fan bought for ₹500 is sold for ₹250. What is the loss per cent?

Answer key

  1. 6272
  2. 20
  3. 392
  4. 250
  5. 2860
  6. 6448
  7. 9396
  8. 48
  9. 50
  10. 200
  11. 210
  12. 10
  13. 750
  14. 30
  15. 13200
  16. 10692
  17. 43
  18. 1425
  19. 176
  20. 104
  21. 1850
  22. 40
  23. 10
  24. 574
  25. 4510
  26. 1
  27. 9512
  28. 1760
  29. 280
  30. 2645
  31. 915
  32. 300
  33. 270
  34. 12180
  35. 50
  36. 4558
  37. 110
  38. 11250
  39. 2300
  40. 50

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