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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 523 · 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 260?
  2. 2.A table costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹6900 at 12% per year for 3 years (in ₹)?
  4. 4.What is 40% of 280?
  5. 5.What is the simple interest on ₹7700 at 5% per year for 1 year (in ₹)?
  6. 6.A cricket kit bought for ₹900 is sold for ₹1170. What is the profit per cent?
  7. 7.The price of a pair of shoes changed from ₹50 to ₹40. What is the percentage decrease?
  8. 8.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2340. What is the loss (in ₹)?
  9. 9.What is 20% of 540?
  10. 10.What is the amount (principal + simple interest) on ₹1400 at 6% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹500 at 4% per year for 3 years (in ₹)?
  12. 12.What is the simple interest on ₹6900 at 10% per year for 1 year (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹5500 at 9% per year for 4 years (in ₹)?
  14. 14.The price of a pair of shoes changed from ₹80 to ₹112. What is the percentage increase?
  15. 15.A mobile phone bought for ₹2500 is sold for ₹1875. What is the loss per cent?
  16. 16.A cooler costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹8400 at 4% per year for 5 years (in ₹)?
  18. 18.A sewing machine costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
  19. 19.A cycle bought for ₹2700 is sold for ₹2835. What is the profit per cent?
  20. 20.A mobile phone bought for ₹2100 is sold for ₹2310. What is the profit per cent?
  21. 21.What is the simple interest on ₹900 at 2% per year for 1 year (in ₹)?
  22. 22.A fan costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹4000 at 10% per year for 4 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹8700 at 10% per year for 4 years (in ₹)?
  25. 25.A sewing machine costs ₹2700. It is sold at a 15% profit. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹2250 and sells it for ₹2480. What is the profit (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹7700 at 4% per year for 5 years (in ₹)?
  28. 28.A cycle costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 2 years (in ₹)?
  30. 30.A sewing machine bought for ₹1000 is sold for ₹900. What is the loss per cent?
  31. 31.What is 25% of 580?
  32. 32.A cricket kit bought for ₹2000 is sold for ₹1000. What is the loss per cent?
  33. 33.The price of a water bottle changed from ₹250 to ₹275. What is the percentage increase?
  34. 34.What is the simple interest on ₹7200 at 5% per year for 3 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹7500 at 5% per year for 4 years (in ₹)?
  36. 36.What is the simple interest on ₹8400 at 5% per year for 4 years (in ₹)?
  37. 37.What is 75% of 400?
  38. 38.What is 90% of 860?
  39. 39.The price of a box of mangoes changed from ₹100 to ₹20. What is the percentage decrease?
  40. 40.The price of a pair of shoes changed from ₹100 to ₹99. What is the percentage decrease?

Answer key

  1. 13
  2. 2310
  3. 9384
  4. 112
  5. 385
  6. 30
  7. 20
  8. 260
  9. 108
  10. 1820
  11. 560
  12. 690
  13. 7480
  14. 40
  15. 25
  16. 2125
  17. 1680
  18. 1045
  19. 5
  20. 10
  21. 18
  22. 1035
  23. 5600
  24. 12180
  25. 3105
  26. 230
  27. 9240
  28. 3770
  29. 3712
  30. 10
  31. 145
  32. 50
  33. 10
  34. 1080
  35. 9000
  36. 1680
  37. 300
  38. 774
  39. 80
  40. 1

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