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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 708 · 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 280?
  2. 2.A cricket kit bought for ₹1700 is sold for ₹2125. What is the profit per cent?
  3. 3.A table costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
  4. 4.The price of a bus pass changed from ₹40 to ₹4. What is the percentage decrease?
  5. 5.What is the amount (principal + simple interest) on ₹9200 at 11% per year for 5 years (in ₹)?
  6. 6.A cycle costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹5700 at 11% per year for 5 years (in ₹)?
  8. 8.A cricket kit costs ₹1600. It is sold at a 20% loss. What is the selling price (in ₹)?
  9. 9.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  10. 10.A shopkeeper buys a cooler for ₹1250 and sells it for ₹1230. What is the loss (in ₹)?
  11. 11.What is 15% of 220?
  12. 12.What is the amount (principal + simple interest) on ₹8700 at 6% per year for 4 years (in ₹)?
  13. 13.What is 80% of 460?
  14. 14.What is the simple interest on ₹8800 at 8% per year for 5 years (in ₹)?
  15. 15.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1620. What is the profit (in ₹)?
  16. 16.What is 75% of 180?
  17. 17.What is the simple interest on ₹4400 at 9% per year for 3 years (in ₹)?
  18. 18.A shopkeeper buys a table for ₹400 and sells it for ₹630. What is the profit (in ₹)?
  19. 19.The price of a bus pass changed from ₹20 to ₹14. What is the percentage decrease?
  20. 20.A sewing machine bought for ₹1100 is sold for ₹935. What is the loss per cent?
  21. 21.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹210. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹450 and sells it for ₹540. What is the profit (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
  24. 24.What is the amount (principal + simple interest) on ₹9300 at 3% per year for 2 years (in ₹)?
  25. 25.What is 90% of 520?
  26. 26.A sewing machine costs ₹1200. It is sold at a 30% loss. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹7700 at 10% per year for 1 year (in ₹)?
  28. 28.What is the simple interest on ₹3800 at 7% per year for 1 year (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹3800 at 11% per year for 3 years (in ₹)?
  30. 30.What is 30% of 200?
  31. 31.A cricket kit bought for ₹3100 is sold for ₹2480. What is the loss per cent?
  32. 32.What is 70% of 540?
  33. 33.What is 5% of 940?
  34. 34.A fan costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
  35. 35.The price of a bus pass changed from ₹50 to ₹51. What is the percentage increase?
  36. 36.A watch costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
  38. 38.The price of a pair of shoes changed from ₹100 to ₹20. What is the percentage decrease?
  39. 39.A cricket kit costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
  40. 40.What is 5% of 460?

Answer key

  1. 126
  2. 25
  3. 2590
  4. 90
  5. 14260
  6. 3450
  7. 8835
  8. 1280
  9. 20
  10. 20
  11. 33
  12. 10788
  13. 368
  14. 3520
  15. 20
  16. 135
  17. 1188
  18. 230
  19. 30
  20. 15
  21. 290
  22. 90
  23. 60
  24. 9858
  25. 468
  26. 840
  27. 8470
  28. 266
  29. 5054
  30. 60
  31. 20
  32. 378
  33. 47
  34. 3920
  35. 2
  36. 4140
  37. 5
  38. 80
  39. 4140
  40. 23

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