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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 261 · 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 75% of 600?
  2. 2.A cycle bought for ₹400 is sold for ₹480. What is the profit per cent?
  3. 3.What is the simple interest on ₹7200 at 11% per year for 3 years (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹750 and sells it for ₹900. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 2 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹1600 at 3% per year for 3 years (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹20 to ₹16. What is the percentage decrease?
  8. 8.A shopkeeper buys a cycle for ₹450 and sells it for ₹180. What is the loss (in ₹)?
  9. 9.What is 80% of 640?
  10. 10.A cycle bought for ₹1300 is sold for ₹1235. What is the loss per cent?
  11. 11.What is the simple interest on ₹5800 at 7% per year for 4 years (in ₹)?
  12. 12.A shopkeeper buys a table for ₹2650 and sells it for ₹2570. What is the loss (in ₹)?
  13. 13.What is 55% of 720?
  14. 14.What is 10% of 240?
  15. 15.A watch costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
  16. 16.A cycle bought for ₹700 is sold for ₹525. What is the loss per cent?
  17. 17.What is 15% of 620?
  18. 18.What is the simple interest on ₹600 at 4% per year for 4 years (in ₹)?
  19. 19.The price of a cricket ball changed from ₹40 to ₹24. What is the percentage decrease?
  20. 20.A cycle bought for ₹1200 is sold for ₹1500. What is the profit per cent?
  21. 21.What is 75% of 140?
  22. 22.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 3 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹6500 at 5% per year for 4 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 2 years (in ₹)?
  25. 25.What is the simple interest on ₹5200 at 2% per year for 1 year (in ₹)?
  26. 26.What is 95% of 920?
  27. 27.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2340. What is the profit (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹1900 at 7% per year for 1 year (in ₹)?
  29. 29.A sewing machine costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a table for ₹2400 and sells it for ₹2580. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹5900 at 4% per year for 5 years (in ₹)?
  32. 32.What is 95% of 160?
  33. 33.A cooler bought for ₹2800 is sold for ₹2100. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 4 years (in ₹)?
  35. 35.What is the simple interest on ₹8600 at 12% per year for 1 year (in ₹)?
  36. 36.What is 5% of 740?
  37. 37.What is the simple interest on ₹2100 at 2% per year for 3 years (in ₹)?
  38. 38.A table bought for ₹1000 is sold for ₹1120. What is the profit per cent?
  39. 39.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹1250. What is the profit (in ₹)?
  40. 40.A mobile phone costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?

Answer key

  1. 450
  2. 20
  3. 2376
  4. 150
  5. 6960
  6. 1744
  7. 20
  8. 270
  9. 512
  10. 5
  11. 1624
  12. 80
  13. 396
  14. 24
  15. 1260
  16. 25
  17. 93
  18. 96
  19. 40
  20. 25
  21. 105
  22. 4445
  23. 7800
  24. 4368
  25. 104
  26. 874
  27. 90
  28. 2033
  29. 1710
  30. 180
  31. 7080
  32. 152
  33. 25
  34. 2240
  35. 1032
  36. 37
  37. 126
  38. 12
  39. 100
  40. 3240

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