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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 702 · 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.A cycle bought for ₹3200 is sold for ₹3840. What is the profit per cent?
  2. 2.What is the amount (principal + simple interest) on ₹9900 at 7% per year for 1 year (in ₹)?
  3. 3.What is 95% of 540?
  4. 4.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹3010. What is the profit (in ₹)?
  5. 5.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1270. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹6700 at 9% per year for 3 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹5400 at 6% per year for 5 years (in ₹)?
  9. 9.What is the simple interest on ₹3000 at 11% per year for 5 years (in ₹)?
  10. 10.A mobile phone costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.A cycle bought for ₹3400 is sold for ₹3230. What is the loss per cent?
  12. 12.A shopkeeper buys a fan for ₹1300 and sells it for ₹1040. What is the loss (in ₹)?
  13. 13.A shopkeeper buys a cooler for ₹1200 and sells it for ₹900. What is the loss (in ₹)?
  14. 14.A fan bought for ₹1200 is sold for ₹960. What is the loss per cent?
  15. 15.The price of a school bag changed from ₹400 to ₹40. What is the percentage decrease?
  16. 16.A cricket kit costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
  17. 17.A cycle bought for ₹1500 is sold for ₹2250. What is the profit per cent?
  18. 18.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1680. What is the loss (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹400 to ₹600. What is the percentage increase?
  20. 20.The price of a pair of shoes changed from ₹80 to ₹100. What is the percentage increase?
  21. 21.A fan costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹8400 at 10% per year for 4 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹7800 at 2% per year for 2 years (in ₹)?
  24. 24.What is the simple interest on ₹5900 at 9% per year for 2 years (in ₹)?
  25. 25.What is 5% of 880?
  26. 26.A table bought for ₹2100 is sold for ₹1470. What is the loss per cent?
  27. 27.What is 35% of 340?
  28. 28.What is 70% of 240?
  29. 29.What is 15% of 780?
  30. 30.A shopkeeper buys a cycle for ₹350 and sells it for ₹120. What is the loss (in ₹)?
  31. 31.A sewing machine bought for ₹2200 is sold for ₹1870. What is the loss per cent?
  32. 32.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
  33. 33.A shopkeeper buys a cooler for ₹1900 and sells it for ₹2150. What is the profit (in ₹)?
  34. 34.The price of a school bag changed from ₹80 to ₹100. What is the percentage increase?
  35. 35.A shopkeeper buys a fan for ₹2950 and sells it for ₹3000. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹6800 at 4% per year for 4 years (in ₹)?
  37. 37.What is 65% of 360?
  38. 38.A cycle bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  39. 39.What is 80% of 360?
  40. 40.What is 5% of 400?

Answer key

  1. 20
  2. 10593
  3. 513
  4. 260
  5. 10
  6. 20
  7. 1809
  8. 7020
  9. 1650
  10. 4810
  11. 5
  12. 260
  13. 300
  14. 20
  15. 90
  16. 900
  17. 50
  18. 70
  19. 50
  20. 25
  21. 1792
  22. 11760
  23. 8112
  24. 1062
  25. 44
  26. 30
  27. 119
  28. 168
  29. 117
  30. 230
  31. 15
  32. 90
  33. 250
  34. 25
  35. 50
  36. 7888
  37. 234
  38. 12
  39. 288
  40. 20

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