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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 381 · 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 300?
  2. 2.A shopkeeper buys a fan for ₹2700 and sells it for ₹2920. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹7000 at 7% per year for 1 year (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 4 years (in ₹)?
  5. 5.A sewing machine bought for ₹2200 is sold for ₹2860. What is the profit per cent?
  6. 6.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 1 year (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 3 years (in ₹)?
  8. 8.The price of a box of mangoes changed from ₹20 to ₹38. What is the percentage increase?
  9. 9.A table bought for ₹1000 is sold for ₹880. What is the loss per cent?
  10. 10.What is 25% of 620?
  11. 11.A cricket kit costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.What is 20% of 820?
  13. 13.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
  14. 14.The price of a water bottle changed from ₹40 to ₹44. What is the percentage increase?
  15. 15.What is 45% of 40?
  16. 16.The price of a bus pass changed from ₹20 to ₹14. What is the percentage decrease?
  17. 17.What is the amount (principal + simple interest) on ₹5300 at 11% per year for 1 year (in ₹)?
  18. 18.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1650. What is the loss (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹5500 at 5% per year for 2 years (in ₹)?
  20. 20.What is the simple interest on ₹5200 at 5% per year for 3 years (in ₹)?
  21. 21.A sewing machine bought for ₹1400 is sold for ₹980. What is the loss per cent?
  22. 22.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1440. What is the loss (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 5 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹6600 at 11% per year for 3 years (in ₹)?
  25. 25.A shopkeeper buys a fan for ₹1350 and sells it for ₹1100. What is the loss (in ₹)?
  26. 26.A table bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  27. 27.The price of a cricket ball changed from ₹400 to ₹320. What is the percentage decrease?
  28. 28.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2200. What is the profit (in ₹)?
  29. 29.A table bought for ₹3300 is sold for ₹2310. What is the loss per cent?
  30. 30.A table costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹2300 at 3% per year for 1 year (in ₹)?
  32. 32.What is the simple interest on ₹4000 at 8% per year for 1 year (in ₹)?
  33. 33.What is 95% of 420?
  34. 34.A cooler costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹300 and sells it for ₹580. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹1100 at 3% per year for 4 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹8200 at 5% per year for 5 years (in ₹)?
  38. 38.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
  39. 39.A cycle bought for ₹1900 is sold for ₹1672. What is the loss per cent?
  40. 40.A watch costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?

Answer key

  1. 270
  2. 220
  3. 7490
  4. 3240
  5. 30
  6. 9612
  7. 10608
  8. 90
  9. 12
  10. 155
  11. 450
  12. 164
  13. 10
  14. 10
  15. 18
  16. 30
  17. 5883
  18. 50
  19. 6050
  20. 780
  21. 30
  22. 10
  23. 1950
  24. 8778
  25. 250
  26. 5
  27. 20
  28. 150
  29. 30
  30. 875
  31. 69
  32. 320
  33. 399
  34. 4420
  35. 280
  36. 1232
  37. 10250
  38. 20
  39. 12
  40. 480

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