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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 590 · 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 440?
  2. 2.A cricket kit bought for ₹600 is sold for ₹450. What is the loss per cent?
  3. 3.A cooler costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
  4. 4.What is 10% of 160?
  5. 5.What is 85% of 880?
  6. 6.What is 70% of 40?
  7. 7.What is 85% of 340?
  8. 8.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2340. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹850 and sells it for ₹1120. What is the profit (in ₹)?
  10. 10.What is 10% of 840?
  11. 11.A cooler costs ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.A table costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹9800 at 11% per year for 3 years (in ₹)?
  14. 14.A sewing machine bought for ₹3100 is sold for ₹3255. What is the profit per cent?
  15. 15.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 4 years (in ₹)?
  16. 16.What is 80% of 80?
  17. 17.A cycle costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  18. 18.A table costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?
  20. 20.A cycle costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹1200 at 2% per year for 1 year (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹5700 at 9% per year for 4 years (in ₹)?
  23. 23.What is the simple interest on ₹4500 at 3% per year for 1 year (in ₹)?
  24. 24.A fan bought for ₹2000 is sold for ₹1800. What is the loss per cent?
  25. 25.A shopkeeper buys a table for ₹2050 and sells it for ₹1960. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a watch for ₹1150 and sells it for ₹1140. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹2600 at 10% per year for 1 year (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹9000 at 11% per year for 4 years (in ₹)?
  29. 29.A cricket kit costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹2800 at 6% per year for 1 year (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹390. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹2350 and sells it for ₹2560. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹1400 and sells it for ₹1360. What is the loss (in ₹)?
  34. 34.What is the simple interest on ₹2200 at 10% per year for 2 years (in ₹)?
  35. 35.What is the simple interest on ₹9700 at 4% per year for 2 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2600 at 12% per year for 5 years (in ₹)?
  37. 37.What is 70% of 520?
  38. 38.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
  39. 39.What is the simple interest on ₹9500 at 8% per year for 5 years (in ₹)?
  40. 40.A sewing machine costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?

Answer key

  1. 88
  2. 25
  3. 1350
  4. 16
  5. 748
  6. 28
  7. 289
  8. 240
  9. 270
  10. 84
  11. 3150
  12. 3740
  13. 13034
  14. 5
  15. 3720
  16. 64
  17. 1265
  18. 3480
  19. 30
  20. 1380
  21. 24
  22. 7752
  23. 135
  24. 10
  25. 90
  26. 10
  27. 260
  28. 12960
  29. 1200
  30. 2968
  31. 90
  32. 210
  33. 40
  34. 440
  35. 776
  36. 4160
  37. 364
  38. 60
  39. 3800
  40. 3145

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