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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 996 · 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 ₹9000 at 5% per year for 1 year (in ₹)?
  2. 2.What is the simple interest on ₹1800 at 4% per year for 4 years (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
  4. 4.A cooler bought for ₹1800 is sold for ₹1584. What is the loss per cent?
  5. 5.A shopkeeper buys a fan for ₹1050 and sells it for ₹1330. What is the profit (in ₹)?
  6. 6.A table bought for ₹3900 is sold for ₹5850. What is the profit per cent?
  7. 7.A fan bought for ₹1600 is sold for ₹1792. What is the profit per cent?
  8. 8.A mobile phone bought for ₹3100 is sold for ₹3565. What is the profit per cent?
  9. 9.A cooler costs ₹2200. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.The price of a bus pass changed from ₹200 to ₹50. What is the percentage decrease?
  11. 11.What is the simple interest on ₹8700 at 7% per year for 2 years (in ₹)?
  12. 12.A cycle costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹6700 at 9% per year for 5 years (in ₹)?
  14. 14.The price of a bus pass changed from ₹400 to ₹720. What is the percentage increase?
  15. 15.A sewing machine costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹80 to ₹16. What is the percentage decrease?
  17. 17.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  18. 18.What is the simple interest on ₹9200 at 3% per year for 5 years (in ₹)?
  19. 19.What is 15% of 740?
  20. 20.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 2 years (in ₹)?
  21. 21.What is 85% of 760?
  22. 22.A cricket kit bought for ₹2300 is sold for ₹3220. What is the profit per cent?
  23. 23.A cooler bought for ₹1600 is sold for ₹1440. What is the loss per cent?
  24. 24.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹210. What is the loss (in ₹)?
  25. 25.A watch bought for ₹2000 is sold for ₹1600. What is the loss per cent?
  26. 26.A table bought for ₹2200 is sold for ₹1760. What is the loss per cent?
  27. 27.The price of a cricket ball changed from ₹20 to ₹24. What is the percentage increase?
  28. 28.What is 45% of 860?
  29. 29.A cooler costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
  30. 30.What is 35% of 760?
  31. 31.A fan bought for ₹3100 is sold for ₹2790. What is the loss per cent?
  32. 32.What is 20% of 300?
  33. 33.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1970. What is the profit (in ₹)?
  34. 34.A fan costs ₹3900. It is sold at a 30% profit. What is the selling price (in ₹)?
  35. 35.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
  36. 36.What is the amount (principal + simple interest) on ₹8900 at 9% per year for 1 year (in ₹)?
  37. 37.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2860. What is the profit (in ₹)?
  38. 38.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
  39. 39.What is 60% of 260?
  40. 40.A shopkeeper buys a watch for ₹500 and sells it for ₹210. What is the loss (in ₹)?

Answer key

  1. 9450
  2. 288
  3. 10
  4. 12
  5. 280
  6. 50
  7. 12
  8. 15
  9. 1936
  10. 75
  11. 1218
  12. 2520
  13. 3015
  14. 80
  15. 1900
  16. 80
  17. 20
  18. 1380
  19. 111
  20. 8528
  21. 646
  22. 40
  23. 10
  24. 190
  25. 20
  26. 20
  27. 20
  28. 387
  29. 210
  30. 266
  31. 10
  32. 60
  33. 120
  34. 5070
  35. 10
  36. 9701
  37. 160
  38. 90
  39. 156
  40. 290

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