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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 227 · 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 35% of 1000?
  2. 2.What is the simple interest on ₹3700 at 7% per year for 3 years (in ₹)?
  3. 3.What is 60% of 300?
  4. 4.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
  5. 5.What is the simple interest on ₹5400 at 7% per year for 1 year (in ₹)?
  6. 6.The price of a cricket ball changed from ₹200 to ₹360. What is the percentage increase?
  7. 7.A shopkeeper buys a fan for ₹1450 and sells it for ₹1650. What is the profit (in ₹)?
  8. 8.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹490. What is the profit (in ₹)?
  9. 9.A table bought for ₹900 is sold for ₹792. What is the loss per cent?
  10. 10.What is 10% of 40?
  11. 11.A cooler costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
  12. 12.What is 20% of 40?
  13. 13.What is the simple interest on ₹5000 at 11% per year for 1 year (in ₹)?
  14. 14.What is 35% of 660?
  15. 15.A shopkeeper buys a cooler for ₹850 and sells it for ₹660. What is the loss (in ₹)?
  16. 16.What is 35% of 80?
  17. 17.What is the amount (principal + simple interest) on ₹8600 at 12% per year for 4 years (in ₹)?
  18. 18.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1550. What is the loss (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹9600 at 10% per year for 3 years (in ₹)?
  21. 21.What is 70% of 380?
  22. 22.A cricket kit costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
  23. 23.A cycle costs ₹700. It is sold at a 40% loss. What is the selling price (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹6200 at 8% per year for 3 years (in ₹)?
  25. 25.What is the simple interest on ₹5600 at 6% per year for 5 years (in ₹)?
  26. 26.A table costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
  27. 27.A cooler bought for ₹1000 is sold for ₹1200. What is the profit per cent?
  28. 28.The price of a bus pass changed from ₹100 to ₹140. What is the percentage increase?
  29. 29.A sewing machine costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹9500 at 2% per year for 5 years (in ₹)?
  31. 31.A cycle costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  32. 32.A cricket kit bought for ₹300 is sold for ₹315. What is the profit per cent?
  33. 33.The price of a pair of shoes changed from ₹200 to ₹196. What is the percentage decrease?
  34. 34.What is 10% of 160?
  35. 35.A cricket kit bought for ₹4000 is sold for ₹4480. What is the profit per cent?
  36. 36.What is 85% of 100?
  37. 37.What is the simple interest on ₹6500 at 11% per year for 2 years (in ₹)?
  38. 38.What is the simple interest on ₹3000 at 5% per year for 5 years (in ₹)?
  39. 39.A mobile phone costs ₹800. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2860. What is the profit (in ₹)?

Answer key

  1. 350
  2. 777
  3. 180
  4. 20
  5. 378
  6. 80
  7. 200
  8. 90
  9. 12
  10. 4
  11. 945
  12. 8
  13. 550
  14. 231
  15. 190
  16. 28
  17. 12728
  18. 35
  19. 200
  20. 12480
  21. 266
  22. 5100
  23. 420
  24. 7688
  25. 1680
  26. 3255
  27. 20
  28. 40
  29. 1860
  30. 10450
  31. 704
  32. 5
  33. 2
  34. 16
  35. 12
  36. 85
  37. 1430
  38. 750
  39. 1200
  40. 10

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