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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 216 · 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.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
  2. 2.What is 90% of 320?
  3. 3.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 3 years (in ₹)?
  4. 4.What is the simple interest on ₹4000 at 9% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 2 years (in ₹)?
  6. 6.The price of a school bag changed from ₹400 to ₹700. What is the percentage increase?
  7. 7.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2800. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹1800 at 4% per year for 1 year (in ₹)?
  9. 9.What is 85% of 680?
  10. 10.A cricket kit bought for ₹700 is sold for ₹840. What is the profit per cent?
  11. 11.A mobile phone costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
  12. 12.A cricket kit costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹2800 and sells it for ₹2960. What is the profit (in ₹)?
  14. 14.What is the simple interest on ₹700 at 10% per year for 1 year (in ₹)?
  15. 15.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1300. What is the loss (in ₹)?
  16. 16.What is the simple interest on ₹2000 at 4% per year for 5 years (in ₹)?
  17. 17.What is 5% of 460?
  18. 18.A sewing machine costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
  19. 19.What is 15% of 440?
  20. 20.A cooler bought for ₹2300 is sold for ₹1150. What is the loss per cent?
  21. 21.What is 30% of 60?
  22. 22.What is 70% of 780?
  23. 23.What is the simple interest on ₹6000 at 10% per year for 4 years (in ₹)?
  24. 24.The price of a pair of shoes changed from ₹500 to ₹800. What is the percentage increase?
  25. 25.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
  26. 26.What is the simple interest on ₹3200 at 2% per year for 4 years (in ₹)?
  27. 27.A cricket kit bought for ₹2900 is sold for ₹3190. What is the profit per cent?
  28. 28.A sewing machine bought for ₹4000 is sold for ₹4800. What is the profit per cent?
  29. 29.A cycle bought for ₹500 is sold for ₹475. What is the loss per cent?
  30. 30.The price of a box of mangoes changed from ₹250 to ₹275. What is the percentage increase?
  31. 31.A fan costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  32. 32.A watch costs ₹500. It is sold at a 50% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹8900 at 9% per year for 3 years (in ₹)?
  34. 34.A sewing machine bought for ₹200 is sold for ₹140. What is the loss per cent?
  35. 35.A cricket kit costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  36. 36.What is 25% of 840?
  37. 37.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3060. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a table for ₹1150 and sells it for ₹1270. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹1500 at 5% per year for 3 years (in ₹)?
  40. 40.A cooler bought for ₹400 is sold for ₹352. What is the loss per cent?

Answer key

  1. 10
  2. 288
  3. 4248
  4. 1800
  5. 4240
  6. 75
  7. 150
  8. 72
  9. 578
  10. 20
  11. 1955
  12. 4140
  13. 160
  14. 70
  15. 250
  16. 400
  17. 23
  18. 4025
  19. 66
  20. 50
  21. 18
  22. 546
  23. 2400
  24. 60
  25. 25
  26. 256
  27. 10
  28. 20
  29. 5
  30. 10
  31. 1265
  32. 750
  33. 2403
  34. 30
  35. 3570
  36. 210
  37. 60
  38. 120
  39. 225
  40. 12

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