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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 527 · 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 20% of 740?
  2. 2.What is 40% of 620?
  3. 3.What is the amount (principal + simple interest) on ₹5900 at 2% per year for 2 years (in ₹)?
  4. 4.What is the simple interest on ₹7300 at 8% per year for 1 year (in ₹)?
  5. 5.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1580. What is the loss (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹4100 at 2% per year for 1 year (in ₹)?
  7. 7.What is 40% of 80?
  8. 8.What is 55% of 140?
  9. 9.The price of a box of mangoes changed from ₹40 to ₹28. What is the percentage decrease?
  10. 10.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹420. What is the loss (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 5 years (in ₹)?
  12. 12.The price of a bus pass changed from ₹250 to ₹225. What is the percentage decrease?
  13. 13.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹2500 at 12% per year for 5 years (in ₹)?
  15. 15.A shopkeeper buys a watch for ₹500 and sells it for ₹350. What is the loss (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹8200 at 8% per year for 5 years (in ₹)?
  17. 17.A watch bought for ₹600 is sold for ₹672. What is the profit per cent?
  18. 18.What is the simple interest on ₹1700 at 7% per year for 1 year (in ₹)?
  19. 19.What is 70% of 680?
  20. 20.The price of a water bottle changed from ₹40 to ₹44. What is the percentage increase?
  21. 21.What is the simple interest on ₹8300 at 9% per year for 5 years (in ₹)?
  22. 22.What is 25% of 900?
  23. 23.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  24. 24.What is the simple interest on ₹2600 at 10% per year for 3 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹4600 at 10% per year for 4 years (in ₹)?
  26. 26.What is 15% of 120?
  27. 27.A mobile phone costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2590. What is the loss (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹4900 at 3% per year for 2 years (in ₹)?
  30. 30.A shopkeeper buys a watch for ₹1550 and sells it for ₹1530. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1860. What is the loss (in ₹)?
  32. 32.What is 5% of 340?
  33. 33.A watch costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
  34. 34.The price of a cricket ball changed from ₹200 to ₹380. What is the percentage increase?
  35. 35.What is 55% of 560?
  36. 36.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2370. What is the loss (in ₹)?
  37. 37.What is the simple interest on ₹500 at 6% per year for 3 years (in ₹)?
  38. 38.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2520. What is the loss (in ₹)?
  39. 39.A cricket kit costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 2 years (in ₹)?

Answer key

  1. 148
  2. 248
  3. 6136
  4. 584
  5. 20
  6. 4182
  7. 32
  8. 77
  9. 30
  10. 280
  11. 12480
  12. 10
  13. 20
  14. 4000
  15. 150
  16. 11480
  17. 12
  18. 119
  19. 476
  20. 10
  21. 3735
  22. 225
  23. 80
  24. 780
  25. 6440
  26. 18
  27. 3024
  28. 10
  29. 5194
  30. 20
  31. 140
  32. 17
  33. 1496
  34. 90
  35. 308
  36. 230
  37. 90
  38. 180
  39. 6000
  40. 4032

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