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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 536 · 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.A cooler costs ₹700. It is sold at a 20% profit. What is the selling price (in ₹)?
  2. 2.The price of a cricket ball changed from ₹500 to ₹600. What is the percentage increase?
  3. 3.A shopkeeper buys a watch for ₹700 and sells it for ₹400. What is the loss (in ₹)?
  4. 4.A cricket kit bought for ₹1400 is sold for ₹1120. What is the loss per cent?
  5. 5.The price of a school bag changed from ₹100 to ₹120. What is the percentage increase?
  6. 6.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1570. What is the profit (in ₹)?
  7. 7.A cricket kit costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹2700 at 5% per year for 4 years (in ₹)?
  9. 9.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  10. 10.A fan bought for ₹3400 is sold for ₹3570. What is the profit per cent?
  11. 11.A fan bought for ₹2000 is sold for ₹2200. What is the profit per cent?
  12. 12.A shopkeeper buys a fan for ₹2600 and sells it for ₹2770. What is the profit (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹8400 at 4% per year for 3 years (in ₹)?
  14. 14.The price of a water bottle changed from ₹400 to ₹480. What is the percentage increase?
  15. 15.What is 90% of 520?
  16. 16.What is the simple interest on ₹2300 at 4% per year for 1 year (in ₹)?
  17. 17.What is 35% of 40?
  18. 18.What is the simple interest on ₹6700 at 11% per year for 5 years (in ₹)?
  19. 19.A fan costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹4600 at 8% per year for 2 years (in ₹)?
  21. 21.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2190. What is the profit (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹900 at 12% per year for 3 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 5 years (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹200 and sells it for ₹210. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹4200 at 4% per year for 5 years (in ₹)?
  26. 26.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
  27. 27.A cycle bought for ₹900 is sold for ₹1080. What is the profit per cent?
  28. 28.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 2 years (in ₹)?
  29. 29.What is 45% of 380?
  30. 30.The price of a pair of shoes changed from ₹20 to ₹32. What is the percentage increase?
  31. 31.The price of a pair of shoes changed from ₹20 to ₹14. What is the percentage decrease?
  32. 32.A cricket kit bought for ₹2000 is sold for ₹3000. What is the profit per cent?
  33. 33.What is 5% of 260?
  34. 34.A watch bought for ₹4000 is sold for ₹3400. What is the loss per cent?
  35. 35.A watch costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹9200 at 10% per year for 3 years (in ₹)?
  37. 37.What is 75% of 620?
  38. 38.The price of a pair of shoes changed from ₹400 to ₹280. What is the percentage decrease?
  39. 39.What is 20% of 480?
  40. 40.What is 60% of 880?

Answer key

  1. 840
  2. 20
  3. 300
  4. 20
  5. 20
  6. 70
  7. 1568
  8. 540
  9. 40
  10. 5
  11. 10
  12. 170
  13. 9408
  14. 20
  15. 468
  16. 92
  17. 14
  18. 3685
  19. 380
  20. 5336
  21. 140
  22. 1224
  23. 8640
  24. 10
  25. 840
  26. 50
  27. 20
  28. 6968
  29. 171
  30. 60
  31. 30
  32. 50
  33. 13
  34. 15
  35. 1050
  36. 2760
  37. 465
  38. 30
  39. 96
  40. 528

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