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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 374 · 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 60% of 900?
  2. 2.A shopkeeper buys a cycle for ₹500 and sells it for ₹600. What is the profit (in ₹)?
  3. 3.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
  4. 4.What is the amount (principal + simple interest) on ₹4400 at 11% per year for 3 years (in ₹)?
  5. 5.What is the simple interest on ₹3100 at 11% per year for 2 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 4 years (in ₹)?
  7. 7.A table bought for ₹500 is sold for ₹560. What is the profit per cent?
  8. 8.What is 65% of 900?
  9. 9.What is 25% of 280?
  10. 10.A cycle bought for ₹4000 is sold for ₹5600. What is the profit per cent?
  11. 11.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2780. What is the profit (in ₹)?
  12. 12.A cycle costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
  13. 13.The price of a water bottle changed from ₹50 to ₹40. What is the percentage decrease?
  14. 14.What is the simple interest on ₹3600 at 10% per year for 5 years (in ₹)?
  15. 15.What is 70% of 580?
  16. 16.What is 20% of 780?
  17. 17.What is the simple interest on ₹8300 at 4% per year for 5 years (in ₹)?
  18. 18.What is 55% of 500?
  19. 19.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1800. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2530. What is the loss (in ₹)?
  21. 21.A fan bought for ₹2200 is sold for ₹3080. What is the profit per cent?
  22. 22.A sewing machine costs ₹3800. It is sold at a 20% loss. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹2000 at 7% per year for 4 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹6500 at 9% per year for 3 years (in ₹)?
  25. 25.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
  26. 26.The price of a cricket ball changed from ₹100 to ₹75. What is the percentage decrease?
  27. 27.What is the amount (principal + simple interest) on ₹3800 at 4% per year for 1 year (in ₹)?
  28. 28.A cycle bought for ₹1200 is sold for ₹1380. What is the profit per cent?
  29. 29.The price of a bus pass changed from ₹20 to ₹15. What is the percentage decrease?
  30. 30.A cooler bought for ₹3500 is sold for ₹2450. What is the loss per cent?
  31. 31.What is 60% of 80?
  32. 32.What is the simple interest on ₹4300 at 8% per year for 4 years (in ₹)?
  33. 33.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
  34. 34.What is 55% of 800?
  35. 35.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹850. What is the profit (in ₹)?
  36. 36.What is 45% of 440?
  37. 37.A mobile phone bought for ₹700 is sold for ₹665. What is the loss per cent?
  38. 38.The price of a cricket ball changed from ₹40 to ₹56. What is the percentage increase?
  39. 39.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1670. What is the loss (in ₹)?
  40. 40.What is the simple interest on ₹1600 at 11% per year for 3 years (in ₹)?

Answer key

  1. 540
  2. 100
  3. 90
  4. 5852
  5. 682
  6. 5616
  7. 12
  8. 585
  9. 70
  10. 40
  11. 230
  12. 2904
  13. 20
  14. 1800
  15. 406
  16. 156
  17. 1660
  18. 275
  19. 250
  20. 20
  21. 40
  22. 3040
  23. 560
  24. 8255
  25. 30
  26. 25
  27. 3952
  28. 15
  29. 25
  30. 30
  31. 48
  32. 1376
  33. 10
  34. 440
  35. 250
  36. 198
  37. 5
  38. 40
  39. 230
  40. 528

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