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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 567 · 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 70% of 100?
  2. 2.What is 80% of 700?
  3. 3.A shopkeeper buys a table for ₹2650 and sells it for ₹2710. What is the profit (in ₹)?
  4. 4.What is the simple interest on ₹2100 at 7% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8600 at 3% per year for 4 years (in ₹)?
  6. 6.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
  7. 7.A cricket kit costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
  8. 8.A cricket kit bought for ₹600 is sold for ₹528. What is the loss per cent?
  9. 9.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2200. What is the loss (in ₹)?
  10. 10.A cycle bought for ₹1000 is sold for ₹900. What is the loss per cent?
  11. 11.What is the amount (principal + simple interest) on ₹8400 at 12% per year for 1 year (in ₹)?
  12. 12.A fan costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
  13. 13.A cycle costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹7600 at 5% per year for 5 years (in ₹)?
  15. 15.The price of a school bag changed from ₹100 to ₹160. What is the percentage increase?
  16. 16.A table costs ₹3600. It is sold at a 5% profit. What is the selling price (in ₹)?
  17. 17.What is 80% of 80?
  18. 18.The price of a pair of shoes changed from ₹40 to ₹72. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹6600 at 12% per year for 1 year (in ₹)?
  20. 20.A table bought for ₹1100 is sold for ₹1430. What is the profit per cent?
  21. 21.What is the amount (principal + simple interest) on ₹8100 at 5% per year for 3 years (in ₹)?
  22. 22.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
  23. 23.The price of a bus pass changed from ₹250 to ₹300. What is the percentage increase?
  24. 24.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1460. What is the profit (in ₹)?
  25. 25.A fan costs ₹2900. It is sold at a 15% profit. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹8000 at 11% per year for 2 years (in ₹)?
  27. 27.A cycle costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
  28. 28.A cycle bought for ₹600 is sold for ₹672. What is the profit per cent?
  29. 29.What is the simple interest on ₹2600 at 12% per year for 1 year (in ₹)?
  30. 30.A watch costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹5500 at 6% per year for 2 years (in ₹)?
  32. 32.The price of a bus pass changed from ₹20 to ₹21. What is the percentage increase?
  33. 33.The price of a pair of shoes changed from ₹100 to ₹140. What is the percentage increase?
  34. 34.A fan costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
  35. 35.A sewing machine bought for ₹200 is sold for ₹160. What is the loss per cent?
  36. 36.What is the simple interest on ₹6800 at 4% per year for 1 year (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹1400 and sells it for ₹1250. What is the loss (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹9100 at 3% per year for 3 years (in ₹)?
  39. 39.A fan costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 1 year (in ₹)?

Answer key

  1. 70
  2. 560
  3. 60
  4. 735
  5. 9632
  6. 90
  7. 2552
  8. 12
  9. 150
  10. 10
  11. 9408
  12. 2200
  13. 1380
  14. 9500
  15. 60
  16. 3780
  17. 64
  18. 80
  19. 7392
  20. 30
  21. 9315
  22. 80
  23. 20
  24. 60
  25. 3335
  26. 1760
  27. 6000
  28. 12
  29. 312
  30. 1430
  31. 660
  32. 5
  33. 40
  34. 2750
  35. 20
  36. 272
  37. 150
  38. 9919
  39. 2100
  40. 4644

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