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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 581 · 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 55% of 500?
  2. 2.A fan costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
  3. 3.A cooler costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  4. 4.A table costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8800 at 2% per year for 5 years (in ₹)?
  6. 6.A cooler bought for ₹1000 is sold for ₹1120. What is the profit per cent?
  7. 7.What is 85% of 500?
  8. 8.What is the amount (principal + simple interest) on ₹2900 at 5% per year for 3 years (in ₹)?
  9. 9.The price of a bus pass changed from ₹50 to ₹70. What is the percentage increase?
  10. 10.What is the simple interest on ₹5600 at 12% per year for 3 years (in ₹)?
  11. 11.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
  12. 12.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹1150. What is the profit (in ₹)?
  13. 13.A cricket kit bought for ₹3800 is sold for ₹1900. What is the loss per cent?
  14. 14.A shopkeeper buys a watch for ₹2900 and sells it for ₹3070. What is the profit (in ₹)?
  15. 15.A sewing machine bought for ₹1100 is sold for ₹825. What is the loss per cent?
  16. 16.What is the simple interest on ₹700 at 4% per year for 2 years (in ₹)?
  17. 17.A cycle costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹8100 at 9% per year for 1 year (in ₹)?
  19. 19.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
  20. 20.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹790. What is the profit (in ₹)?
  21. 21.What is 75% of 820?
  22. 22.What is the amount (principal + simple interest) on ₹7700 at 4% per year for 1 year (in ₹)?
  23. 23.A shopkeeper buys a watch for ₹650 and sells it for ₹410. What is the loss (in ₹)?
  24. 24.The price of a school bag changed from ₹20 to ₹28. What is the percentage increase?
  25. 25.A fan bought for ₹1300 is sold for ₹1456. What is the profit per cent?
  26. 26.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹1860. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹4500 at 3% per year for 5 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 1 year (in ₹)?
  29. 29.What is the simple interest on ₹9900 at 5% per year for 4 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 1 year (in ₹)?
  31. 31.The price of a school bag changed from ₹50 to ₹51. What is the percentage increase?
  32. 32.What is 60% of 700?
  33. 33.A shopkeeper buys a table for ₹1900 and sells it for ₹1950. What is the profit (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹3900 at 3% per year for 4 years (in ₹)?
  35. 35.What is 90% of 960?
  36. 36.What is the amount (principal + simple interest) on ₹6500 at 11% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a table for ₹2300 and sells it for ₹2230. What is the loss (in ₹)?
  38. 38.A cricket kit bought for ₹2600 is sold for ₹2990. What is the profit per cent?
  39. 39.A watch bought for ₹3500 is sold for ₹3325. What is the loss per cent?
  40. 40.A watch bought for ₹400 is sold for ₹352. What is the loss per cent?

Answer key

  1. 275
  2. 2016
  3. 450
  4. 1760
  5. 9680
  6. 12
  7. 425
  8. 3335
  9. 40
  10. 2016
  11. 40
  12. 300
  13. 50
  14. 170
  15. 25
  16. 56
  17. 2775
  18. 729
  19. 20
  20. 40
  21. 615
  22. 8008
  23. 240
  24. 40
  25. 12
  26. 190
  27. 675
  28. 3744
  29. 1980
  30. 3296
  31. 2
  32. 420
  33. 50
  34. 4368
  35. 864
  36. 10075
  37. 70
  38. 15
  39. 5
  40. 12

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