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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 711 · 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 70% of 500?
  2. 2.What is 95% of 420?
  3. 3.What is 85% of 80?
  4. 4.A shopkeeper buys a table for ₹1000 and sells it for ₹810. What is the loss (in ₹)?
  5. 5.What is the simple interest on ₹9200 at 6% per year for 5 years (in ₹)?
  6. 6.What is 40% of 400?
  7. 7.What is the amount (principal + simple interest) on ₹6700 at 6% per year for 1 year (in ₹)?
  8. 8.A mobile phone bought for ₹600 is sold for ₹540. What is the loss per cent?
  9. 9.A fan bought for ₹2300 is sold for ₹2576. What is the profit per cent?
  10. 10.A cricket kit bought for ₹1300 is sold for ₹910. What is the loss per cent?
  11. 11.What is the simple interest on ₹7000 at 3% per year for 5 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 5 years (in ₹)?
  13. 13.The price of a bus pass changed from ₹80 to ₹120. What is the percentage increase?
  14. 14.What is the amount (principal + simple interest) on ₹7600 at 4% per year for 2 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹5500 at 4% per year for 2 years (in ₹)?
  16. 16.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2270. What is the profit (in ₹)?
  17. 17.A cycle costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  18. 18.What is 90% of 520?
  19. 19.What is the simple interest on ₹1800 at 12% per year for 4 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹1400 at 10% per year for 2 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹5300 at 5% per year for 2 years (in ₹)?
  22. 22.What is 55% of 840?
  23. 23.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹780. What is the loss (in ₹)?
  24. 24.The price of a bus pass changed from ₹40 to ₹16. What is the percentage decrease?
  25. 25.A shopkeeper buys a table for ₹500 and sells it for ₹270. What is the loss (in ₹)?
  26. 26.A cycle bought for ₹500 is sold for ₹575. What is the profit per cent?
  27. 27.What is the amount (principal + simple interest) on ₹3300 at 9% per year for 2 years (in ₹)?
  28. 28.A cricket kit bought for ₹900 is sold for ₹855. What is the loss per cent?
  29. 29.What is the amount (principal + simple interest) on ₹8400 at 9% per year for 2 years (in ₹)?
  30. 30.A cycle bought for ₹1100 is sold for ₹1155. What is the profit per cent?
  31. 31.What is 75% of 440?
  32. 32.A sewing machine bought for ₹2100 is sold for ₹1470. What is the loss per cent?
  33. 33.What is 90% of 740?
  34. 34.A sewing machine bought for ₹1400 is sold for ₹1470. What is the profit per cent?
  35. 35.A shopkeeper buys a table for ₹1650 and sells it for ₹1800. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹7800 at 8% per year for 5 years (in ₹)?
  37. 37.A cricket kit bought for ₹700 is sold for ₹665. What is the loss per cent?
  38. 38.What is the amount (principal + simple interest) on ₹2100 at 3% per year for 1 year (in ₹)?
  39. 39.A watch costs ₹2600. It is sold at a 12% profit. What is the selling price (in ₹)?
  40. 40.A sewing machine bought for ₹3300 is sold for ₹3696. What is the profit per cent?

Answer key

  1. 350
  2. 399
  3. 68
  4. 190
  5. 2760
  6. 160
  7. 7102
  8. 10
  9. 12
  10. 30
  11. 1050
  12. 10800
  13. 50
  14. 8208
  15. 5940
  16. 70
  17. 3600
  18. 468
  19. 864
  20. 1680
  21. 5830
  22. 462
  23. 20
  24. 60
  25. 230
  26. 15
  27. 3894
  28. 5
  29. 9912
  30. 5
  31. 330
  32. 30
  33. 666
  34. 5
  35. 150
  36. 10920
  37. 5
  38. 2163
  39. 2912
  40. 12

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