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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 557 · 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 45% of 400?
  2. 2.What is the amount (principal + simple interest) on ₹5900 at 12% per year for 5 years (in ₹)?
  3. 3.A shopkeeper buys a fan for ₹1400 and sells it for ₹1190. What is the loss (in ₹)?
  4. 4.What is the simple interest on ₹8300 at 12% per year for 3 years (in ₹)?
  5. 5.What is 40% of 180?
  6. 6.A cricket kit costs ₹2200. It is sold at a 15% profit. What is the selling price (in ₹)?
  7. 7.What is 15% of 40?
  8. 8.What is 20% of 140?
  9. 9.A watch costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2590. What is the profit (in ₹)?
  11. 11.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
  12. 12.What is the simple interest on ₹4900 at 4% per year for 3 years (in ₹)?
  13. 13.The price of a bus pass changed from ₹50 to ₹80. What is the percentage increase?
  14. 14.A mobile phone bought for ₹1800 is sold for ₹2250. What is the profit per cent?
  15. 15.A cooler bought for ₹400 is sold for ₹500. What is the profit per cent?
  16. 16.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹2140. What is the profit (in ₹)?
  17. 17.A fan bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  18. 18.What is the simple interest on ₹3200 at 2% per year for 4 years (in ₹)?
  19. 19.What is 35% of 800?
  20. 20.A cricket kit costs ₹2400. It is sold at a 25% profit. What is the selling price (in ₹)?
  21. 21.What is 90% of 940?
  22. 22.A shopkeeper buys a table for ₹2600 and sells it for ₹2790. What is the profit (in ₹)?
  23. 23.What is 15% of 880?
  24. 24.The price of a pair of shoes changed from ₹250 to ₹225. What is the percentage decrease?
  25. 25.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
  26. 26.A cooler costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹8900 at 7% per year for 1 year (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹3300 at 12% per year for 5 years (in ₹)?
  29. 29.What is 10% of 980?
  30. 30.The price of a box of mangoes changed from ₹400 to ₹408. What is the percentage increase?
  31. 31.What is 65% of 800?
  32. 32.What is the amount (principal + simple interest) on ₹5500 at 2% per year for 1 year (in ₹)?
  33. 33.A cricket kit bought for ₹800 is sold for ₹600. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 5 years (in ₹)?
  35. 35.The price of a cricket ball changed from ₹20 to ₹16. What is the percentage decrease?
  36. 36.What is 60% of 860?
  37. 37.A cooler bought for ₹2700 is sold for ₹1350. What is the loss per cent?
  38. 38.The price of a cricket ball changed from ₹250 to ₹450. What is the percentage increase?
  39. 39.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1370. What is the loss (in ₹)?
  40. 40.What is the simple interest on ₹3700 at 7% per year for 1 year (in ₹)?

Answer key

  1. 180
  2. 9440
  3. 210
  4. 2988
  5. 72
  6. 2530
  7. 6
  8. 28
  9. 4875
  10. 90
  11. 20
  12. 588
  13. 60
  14. 25
  15. 25
  16. 290
  17. 50
  18. 256
  19. 280
  20. 3000
  21. 846
  22. 190
  23. 132
  24. 10
  25. 60
  26. 760
  27. 9523
  28. 5280
  29. 98
  30. 2
  31. 520
  32. 5610
  33. 25
  34. 3335
  35. 20
  36. 516
  37. 50
  38. 80
  39. 80
  40. 259

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