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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 271 · 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 5% of 800?
  2. 2.A cycle bought for ₹2500 is sold for ₹1875. What is the loss per cent?
  3. 3.The price of a water bottle changed from ₹20 to ₹28. What is the percentage increase?
  4. 4.What is the simple interest on ₹3900 at 3% per year for 1 year (in ₹)?
  5. 5.The price of a cricket ball changed from ₹50 to ₹75. What is the percentage increase?
  6. 6.What is 25% of 520?
  7. 7.A cricket kit costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2590. What is the profit (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 1 year (in ₹)?
  10. 10.A fan bought for ₹2000 is sold for ₹2100. What is the profit per cent?
  11. 11.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2690. What is the loss (in ₹)?
  12. 12.A shopkeeper buys a table for ₹250 and sells it for ₹170. What is the loss (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹450 and sells it for ₹510. What is the profit (in ₹)?
  14. 14.What is the simple interest on ₹2300 at 8% per year for 2 years (in ₹)?
  15. 15.The price of a bus pass changed from ₹40 to ₹32. What is the percentage decrease?
  16. 16.What is 10% of 720?
  17. 17.What is the simple interest on ₹1100 at 8% per year for 5 years (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2100. What is the loss (in ₹)?
  19. 19.What is the simple interest on ₹4300 at 4% per year for 3 years (in ₹)?
  20. 20.A fan bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  21. 21.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 4 years (in ₹)?
  22. 22.What is 90% of 960?
  23. 23.What is the amount (principal + simple interest) on ₹700 at 8% per year for 5 years (in ₹)?
  24. 24.A watch bought for ₹2100 is sold for ₹1995. What is the loss per cent?
  25. 25.A shopkeeper buys a fan for ₹400 and sells it for ₹680. What is the profit (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 2 years (in ₹)?
  27. 27.A shopkeeper buys a watch for ₹2750 and sells it for ₹2960. What is the profit (in ₹)?
  28. 28.What is 90% of 280?
  29. 29.A shopkeeper buys a table for ₹200 and sells it for ₹80. What is the loss (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹8300 at 4% per year for 5 years (in ₹)?
  31. 31.What is 10% of 280?
  32. 32.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
  33. 33.A fan bought for ₹1200 is sold for ₹720. What is the loss per cent?
  34. 34.A watch bought for ₹2000 is sold for ₹2200. What is the profit per cent?
  35. 35.A fan costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
  36. 36.A watch bought for ₹700 is sold for ₹805. What is the profit per cent?
  37. 37.What is 15% of 180?
  38. 38.What is the amount (principal + simple interest) on ₹8200 at 4% per year for 5 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹500 at 9% per year for 1 year (in ₹)?
  40. 40.A watch costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?

Answer key

  1. 40
  2. 25
  3. 40
  4. 117
  5. 50
  6. 130
  7. 1050
  8. 40
  9. 3190
  10. 5
  11. 60
  12. 80
  13. 60
  14. 368
  15. 20
  16. 72
  17. 440
  18. 200
  19. 516
  20. 10
  21. 7440
  22. 864
  23. 980
  24. 5
  25. 280
  26. 9760
  27. 210
  28. 252
  29. 120
  30. 9960
  31. 28
  32. 240
  33. 40
  34. 10
  35. 650
  36. 15
  37. 27
  38. 9840
  39. 545
  40. 765

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