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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 43 · 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 25% of 700?
  2. 2.A shopkeeper buys a cycle for ₹1400 and sells it for ₹1580. What is the profit (in ₹)?
  3. 3.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹330. What is the profit (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹600 and sells it for ₹390. What is the loss (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹2800 at 10% per year for 1 year (in ₹)?
  6. 6.A cycle bought for ₹2300 is sold for ₹2415. What is the profit per cent?
  7. 7.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹260. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1920. What is the profit (in ₹)?
  9. 9.A cycle costs ₹3400. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹8600 at 8% per year for 5 years (in ₹)?
  11. 11.What is 5% of 180?
  12. 12.A cooler costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  13. 13.What is 75% of 120?
  14. 14.What is the amount (principal + simple interest) on ₹3000 at 5% per year for 4 years (in ₹)?
  15. 15.What is the simple interest on ₹500 at 5% per year for 5 years (in ₹)?
  16. 16.A cricket kit bought for ₹800 is sold for ₹960. What is the profit per cent?
  17. 17.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1420. What is the profit (in ₹)?
  18. 18.A sewing machine costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹6500 at 4% per year for 2 years (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
  21. 21.A shopkeeper buys a table for ₹2300 and sells it for ₹2120. What is the loss (in ₹)?
  22. 22.A table costs ₹3500. It is sold at a 15% loss. What is the selling price (in ₹)?
  23. 23.What is 20% of 440?
  24. 24.The price of a water bottle changed from ₹80 to ₹144. What is the percentage increase?
  25. 25.A cooler bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  26. 26.What is 65% of 260?
  27. 27.What is the simple interest on ₹1800 at 4% per year for 2 years (in ₹)?
  28. 28.A sewing machine costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹5500 at 4% per year for 2 years (in ₹)?
  30. 30.A cooler costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹4000 at 2% per year for 2 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹7200 at 5% per year for 2 years (in ₹)?
  33. 33.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹720. What is the profit (in ₹)?
  34. 34.What is 80% of 700?
  35. 35.What is 80% of 760?
  36. 36.What is the simple interest on ₹8200 at 9% per year for 2 years (in ₹)?
  37. 37.A watch costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹1800 at 4% per year for 1 year (in ₹)?
  39. 39.What is 45% of 920?
  40. 40.A fan bought for ₹3600 is sold for ₹3060. What is the loss per cent?

Answer key

  1. 175
  2. 180
  3. 130
  4. 210
  5. 3080
  6. 5
  7. 140
  8. 20
  9. 3808
  10. 12040
  11. 9
  12. 1000
  13. 90
  14. 3600
  15. 125
  16. 20
  17. 120
  18. 3920
  19. 7020
  20. 30
  21. 180
  22. 2975
  23. 88
  24. 80
  25. 5
  26. 169
  27. 144
  28. 220
  29. 5940
  30. 420
  31. 160
  32. 7920
  33. 270
  34. 560
  35. 608
  36. 1476
  37. 1200
  38. 72
  39. 414
  40. 15

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