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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 457 · 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 300?
  2. 2.The price of a bus pass changed from ₹400 to ₹600. What is the percentage increase?
  3. 3.A cricket kit bought for ₹1000 is sold for ₹1400. What is the profit per cent?
  4. 4.A shopkeeper buys a cycle for ₹1050 and sells it for ₹810. What is the loss (in ₹)?
  5. 5.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1450. What is the loss (in ₹)?
  6. 6.A cooler bought for ₹3300 is sold for ₹1980. What is the loss per cent?
  7. 7.What is 35% of 980?
  8. 8.What is the simple interest on ₹7800 at 8% per year for 3 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹8100 at 11% per year for 1 year (in ₹)?
  10. 10.What is the simple interest on ₹900 at 7% per year for 4 years (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1540. What is the profit (in ₹)?
  12. 12.A cooler bought for ₹2000 is sold for ₹1600. What is the loss per cent?
  13. 13.What is the amount (principal + simple interest) on ₹1400 at 7% per year for 3 years (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2790. What is the loss (in ₹)?
  15. 15.The price of a bus pass changed from ₹20 to ₹25. What is the percentage increase?
  16. 16.What is the amount (principal + simple interest) on ₹1000 at 5% per year for 1 year (in ₹)?
  17. 17.What is 90% of 100?
  18. 18.What is the amount (principal + simple interest) on ₹1700 at 7% per year for 5 years (in ₹)?
  19. 19.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
  20. 20.A fan costs ₹700. It is sold at a 30% profit. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹2020. What is the profit (in ₹)?
  22. 22.A cricket kit costs ₹3000. It is sold at a 50% profit. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹9500 at 4% per year for 3 years (in ₹)?
  24. 24.A cycle bought for ₹3700 is sold for ₹4810. What is the profit per cent?
  25. 25.What is the amount (principal + simple interest) on ₹1600 at 11% per year for 3 years (in ₹)?
  26. 26.The price of a box of mangoes changed from ₹80 to ₹88. What is the percentage increase?
  27. 27.The price of a cricket ball changed from ₹500 to ₹950. What is the percentage increase?
  28. 28.What is 30% of 780?
  29. 29.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
  30. 30.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1720. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹2100 at 6% per year for 1 year (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹3900 at 9% per year for 5 years (in ₹)?
  33. 33.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2830. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹200 and sells it for ₹300. What is the profit (in ₹)?
  35. 35.A cycle costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
  36. 36.The price of a cricket ball changed from ₹400 to ₹560. What is the percentage increase?
  37. 37.The price of a cricket ball changed from ₹80 to ₹144. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹500 at 8% per year for 5 years (in ₹)?
  39. 39.What is the simple interest on ₹7900 at 7% per year for 4 years (in ₹)?
  40. 40.What is 95% of 980?

Answer key

  1. 75
  2. 50
  3. 40
  4. 240
  5. 50
  6. 40
  7. 343
  8. 1872
  9. 8991
  10. 252
  11. 40
  12. 20
  13. 1694
  14. 110
  15. 25
  16. 1050
  17. 90
  18. 2295
  19. 80
  20. 910
  21. 170
  22. 4500
  23. 10640
  24. 30
  25. 2128
  26. 10
  27. 90
  28. 234
  29. 2
  30. 120
  31. 2226
  32. 5655
  33. 30
  34. 100
  35. 4400
  36. 40
  37. 80
  38. 700
  39. 2212
  40. 931

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