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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 998 · 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 ₹2000 at 2% per year for 1 year (in ₹)?
  2. 2.A watch costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
  3. 3.A fan bought for ₹1900 is sold for ₹2470. What is the profit per cent?
  4. 4.The price of a box of mangoes changed from ₹400 to ₹200. What is the percentage decrease?
  5. 5.The price of a box of mangoes changed from ₹250 to ₹400. What is the percentage increase?
  6. 6.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 3 years (in ₹)?
  7. 7.A cooler costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
  8. 8.What is 60% of 240?
  9. 9.What is 40% of 600?
  10. 10.A cricket kit bought for ₹3900 is sold for ₹3705. What is the loss per cent?
  11. 11.A shopkeeper buys a watch for ₹2050 and sells it for ₹2040. What is the loss (in ₹)?
  12. 12.What is 5% of 420?
  13. 13.A watch bought for ₹2700 is sold for ₹3510. What is the profit per cent?
  14. 14.The price of a pair of shoes changed from ₹100 to ₹110. What is the percentage increase?
  15. 15.A fan bought for ₹200 is sold for ₹220. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹8400 at 5% per year for 3 years (in ₹)?
  17. 17.A shopkeeper buys a table for ₹1050 and sells it for ₹1240. What is the profit (in ₹)?
  18. 18.A table bought for ₹3700 is sold for ₹3330. What is the loss per cent?
  19. 19.What is 65% of 140?
  20. 20.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
  21. 21.A watch costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
  22. 22.A mobile phone bought for ₹3400 is sold for ₹2380. What is the loss per cent?
  23. 23.A cooler costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
  24. 24.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹9000 at 9% per year for 5 years (in ₹)?
  26. 26.A shopkeeper buys a cooler for ₹450 and sells it for ₹210. What is the loss (in ₹)?
  27. 27.What is 10% of 520?
  28. 28.What is the simple interest on ₹7500 at 2% per year for 5 years (in ₹)?
  29. 29.What is the simple interest on ₹2600 at 7% per year for 2 years (in ₹)?
  30. 30.A cricket kit bought for ₹3400 is sold for ₹3230. What is the loss per cent?
  31. 31.What is the amount (principal + simple interest) on ₹5400 at 5% per year for 2 years (in ₹)?
  32. 32.What is the simple interest on ₹5300 at 7% per year for 1 year (in ₹)?
  33. 33.What is the simple interest on ₹9900 at 6% per year for 1 year (in ₹)?
  34. 34.A table bought for ₹1300 is sold for ₹1820. What is the profit per cent?
  35. 35.A cycle costs ₹900. It is sold at a 40% loss. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹3500 at 6% per year for 2 years (in ₹)?
  37. 37.What is 5% of 460?
  38. 38.The price of a pair of shoes changed from ₹20 to ₹25. What is the percentage increase?
  39. 39.A shopkeeper buys a fan for ₹1400 and sells it for ₹1130. What is the loss (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 3 years (in ₹)?

Answer key

  1. 2040
  2. 5250
  3. 30
  4. 50
  5. 60
  6. 7844
  7. 3360
  8. 144
  9. 240
  10. 5
  11. 10
  12. 21
  13. 30
  14. 10
  15. 10
  16. 9660
  17. 190
  18. 10
  19. 91
  20. 25
  21. 2860
  22. 30
  23. 1200
  24. 40
  25. 13050
  26. 240
  27. 52
  28. 750
  29. 364
  30. 5
  31. 5940
  32. 371
  33. 594
  34. 40
  35. 540
  36. 420
  37. 23
  38. 25
  39. 270
  40. 10414

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