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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 718 · 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 30% of 900?
  2. 2.What is the simple interest on ₹6700 at 12% per year for 1 year (in ₹)?
  3. 3.A fan bought for ₹1900 is sold for ₹2090. What is the profit per cent?
  4. 4.What is the simple interest on ₹8100 at 4% per year for 1 year (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 4 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹8900 at 2% per year for 4 years (in ₹)?
  7. 7.A sewing machine costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
  8. 8.What is 40% of 400?
  9. 9.A fan costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.What is 15% of 200?
  11. 11.The price of a pair of shoes changed from ₹50 to ₹49. What is the percentage decrease?
  12. 12.A watch costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.A fan costs ₹2900. It is sold at a 25% loss. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹600 at 3% per year for 2 years (in ₹)?
  15. 15.A cycle costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹900 at 7% per year for 5 years (in ₹)?
  17. 17.What is 15% of 40?
  18. 18.A fan bought for ₹3900 is sold for ₹3120. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹700 at 10% per year for 5 years (in ₹)?
  20. 20.A cricket kit bought for ₹200 is sold for ₹224. What is the profit per cent?
  21. 21.A shopkeeper buys a table for ₹2200 and sells it for ₹2410. What is the profit (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹20 to ₹18. What is the percentage decrease?
  23. 23.A shopkeeper buys a cycle for ₹850 and sells it for ₹940. What is the profit (in ₹)?
  24. 24.A watch costs ₹2900. It is sold at a 30% loss. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹2700 at 8% per year for 5 years (in ₹)?
  26. 26.What is the simple interest on ₹6000 at 4% per year for 4 years (in ₹)?
  27. 27.What is 20% of 100?
  28. 28.What is the simple interest on ₹3800 at 6% per year for 3 years (in ₹)?
  29. 29.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹710. What is the profit (in ₹)?
  30. 30.What is the simple interest on ₹6400 at 11% per year for 2 years (in ₹)?
  31. 31.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1300. What is the profit (in ₹)?
  32. 32.What is 10% of 360?
  33. 33.The price of a water bottle changed from ₹200 to ₹240. What is the percentage increase?
  34. 34.A cycle costs ₹3000. It is sold at a 30% loss. What is the selling price (in ₹)?
  35. 35.What is 40% of 300?
  36. 36.A cycle costs ₹2700. It is sold at a 10% loss. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a cooler for ₹1200 and sells it for ₹940. What is the loss (in ₹)?
  38. 38.What is 65% of 1000?
  39. 39.A shopkeeper buys a cooler for ₹350 and sells it for ₹640. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹3600 at 5% per year for 4 years (in ₹)?

Answer key

  1. 270
  2. 804
  3. 10
  4. 324
  5. 6480
  6. 9612
  7. 900
  8. 160
  9. 2000
  10. 30
  11. 2
  12. 1344
  13. 2175
  14. 36
  15. 2850
  16. 315
  17. 6
  18. 20
  19. 1050
  20. 12
  21. 210
  22. 10
  23. 90
  24. 2030
  25. 1080
  26. 960
  27. 20
  28. 684
  29. 160
  30. 1408
  31. 50
  32. 36
  33. 20
  34. 2100
  35. 120
  36. 2430
  37. 260
  38. 650
  39. 290
  40. 4320

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