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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 659 · 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 200?
  2. 2.What is 95% of 820?
  3. 3.A sewing machine bought for ₹200 is sold for ₹160. What is the loss per cent?
  4. 4.A cricket kit costs ₹3400. It is sold at a 20% loss. What is the selling price (in ₹)?
  5. 5.What is the simple interest on ₹4100 at 4% per year for 1 year (in ₹)?
  6. 6.What is the simple interest on ₹3800 at 9% per year for 4 years (in ₹)?
  7. 7.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹300. What is the loss (in ₹)?
  8. 8.What is 90% of 440?
  9. 9.A table bought for ₹1400 is sold for ₹1680. What is the profit per cent?
  10. 10.A cooler bought for ₹2100 is sold for ₹3150. What is the profit per cent?
  11. 11.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2450. What is the profit (in ₹)?
  12. 12.The price of a cricket ball changed from ₹400 to ₹720. What is the percentage increase?
  13. 13.A shopkeeper buys a fan for ₹1500 and sells it for ₹1560. What is the profit (in ₹)?
  14. 14.What is 30% of 80?
  15. 15.The price of a box of mangoes changed from ₹40 to ₹48. What is the percentage increase?
  16. 16.A shopkeeper buys a cycle for ₹250 and sells it for ₹260. What is the profit (in ₹)?
  17. 17.The price of a school bag changed from ₹40 to ₹70. What is the percentage increase?
  18. 18.What is 55% of 320?
  19. 19.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1460. What is the loss (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹200 to ₹210. What is the percentage increase?
  21. 21.A cycle costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
  22. 22.A table costs ₹2000. It is sold at a 30% loss. What is the selling price (in ₹)?
  23. 23.What is 55% of 480?
  24. 24.The price of a pair of shoes changed from ₹500 to ₹525. What is the percentage increase?
  25. 25.What is the simple interest on ₹8800 at 11% per year for 2 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹9200 at 11% per year for 2 years (in ₹)?
  27. 27.A shopkeeper buys a fan for ₹2650 and sells it for ₹2930. What is the profit (in ₹)?
  28. 28.A shopkeeper buys a cycle for ₹450 and sells it for ₹490. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹9700 at 3% per year for 4 years (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹1100 and sells it for ₹1260. What is the profit (in ₹)?
  31. 31.A cooler bought for ₹500 is sold for ₹250. What is the loss per cent?
  32. 32.The price of a pair of shoes changed from ₹500 to ₹505. What is the percentage increase?
  33. 33.What is 90% of 480?
  34. 34.What is the simple interest on ₹8300 at 7% per year for 5 years (in ₹)?
  35. 35.What is 80% of 620?
  36. 36.What is the amount (principal + simple interest) on ₹800 at 2% per year for 1 year (in ₹)?
  37. 37.What is the simple interest on ₹3800 at 7% per year for 1 year (in ₹)?
  38. 38.A cycle bought for ₹900 is sold for ₹450. What is the loss per cent?
  39. 39.What is the amount (principal + simple interest) on ₹6800 at 6% per year for 3 years (in ₹)?
  40. 40.What is 55% of 560?

Answer key

  1. 90
  2. 779
  3. 20
  4. 2720
  5. 164
  6. 1368
  7. 250
  8. 396
  9. 20
  10. 50
  11. 250
  12. 80
  13. 60
  14. 24
  15. 20
  16. 10
  17. 75
  18. 176
  19. 240
  20. 5
  21. 4750
  22. 1400
  23. 264
  24. 5
  25. 1936
  26. 11224
  27. 280
  28. 40
  29. 1164
  30. 160
  31. 50
  32. 1
  33. 432
  34. 2905
  35. 496
  36. 816
  37. 266
  38. 50
  39. 8024
  40. 308

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