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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 219 · 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 90% of 800?
  2. 2.A sewing machine costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
  3. 3.What is 20% of 40?
  4. 4.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 1 year (in ₹)?
  5. 5.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1650. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹250 and sells it for ₹460. What is the profit (in ₹)?
  7. 7.What is 15% of 400?
  8. 8.A cycle bought for ₹2900 is sold for ₹2320. What is the loss per cent?
  9. 9.What is the simple interest on ₹5200 at 9% per year for 4 years (in ₹)?
  10. 10.The price of a bus pass changed from ₹500 to ₹475. What is the percentage decrease?
  11. 11.What is the amount (principal + simple interest) on ₹600 at 4% per year for 1 year (in ₹)?
  12. 12.What is 90% of 880?
  13. 13.What is the amount (principal + simple interest) on ₹2200 at 8% per year for 4 years (in ₹)?
  14. 14.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1770. What is the profit (in ₹)?
  15. 15.What is the simple interest on ₹6500 at 4% per year for 1 year (in ₹)?
  16. 16.What is 65% of 180?
  17. 17.A fan costs ₹3600. It is sold at a 20% profit. What is the selling price (in ₹)?
  18. 18.A table bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  19. 19.A cricket kit bought for ₹1000 is sold for ₹800. What is the loss per cent?
  20. 20.A cycle costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  21. 21.A sewing machine bought for ₹500 is sold for ₹450. What is the loss per cent?
  22. 22.What is the simple interest on ₹10000 at 12% per year for 1 year (in ₹)?
  23. 23.What is 40% of 560?
  24. 24.A cricket kit costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  25. 25.The price of a bus pass changed from ₹200 to ₹204. What is the percentage increase?
  26. 26.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
  27. 27.What is the amount (principal + simple interest) on ₹6900 at 11% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹5500 at 9% per year for 1 year (in ₹)?
  29. 29.A cycle bought for ₹400 is sold for ₹380. What is the loss per cent?
  30. 30.What is 45% of 340?
  31. 31.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1350. What is the profit (in ₹)?
  32. 32.What is the simple interest on ₹2900 at 5% per year for 4 years (in ₹)?
  33. 33.What is 25% of 860?
  34. 34.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2620. What is the profit (in ₹)?
  35. 35.A fan bought for ₹200 is sold for ₹230. What is the profit per cent?
  36. 36.The price of a pair of shoes changed from ₹500 to ₹475. What is the percentage decrease?
  37. 37.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2450. What is the profit (in ₹)?
  38. 38.A fan bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  39. 39.What is the simple interest on ₹4100 at 2% per year for 4 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹8300 at 11% per year for 3 years (in ₹)?

Answer key

  1. 720
  2. 2352
  3. 8
  4. 3120
  5. 200
  6. 210
  7. 60
  8. 20
  9. 1872
  10. 5
  11. 624
  12. 792
  13. 2904
  14. 120
  15. 260
  16. 117
  17. 4320
  18. 5
  19. 20
  20. 1350
  21. 10
  22. 1200
  23. 224
  24. 1568
  25. 2
  26. 50
  27. 9936
  28. 5995
  29. 5
  30. 153
  31. 250
  32. 580
  33. 215
  34. 120
  35. 15
  36. 5
  37. 100
  38. 40
  39. 328
  40. 11039

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