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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 723 · 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 300?
  2. 2.The price of a water bottle changed from ₹50 to ₹20. What is the percentage decrease?
  3. 3.What is 30% of 920?
  4. 4.A shopkeeper buys a fan for ₹2550 and sells it for ₹2300. What is the loss (in ₹)?
  5. 5.What is 75% of 180?
  6. 6.A mobile phone costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1810. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 2 years (in ₹)?
  9. 9.A fan costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2910. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹250 and sells it for ₹380. What is the profit (in ₹)?
  12. 12.The price of a cricket ball changed from ₹400 to ₹100. What is the percentage decrease?
  13. 13.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 3 years (in ₹)?
  14. 14.A shopkeeper buys a cooler for ₹600 and sells it for ₹520. What is the loss (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹7500 at 8% per year for 4 years (in ₹)?
  16. 16.What is the simple interest on ₹3500 at 4% per year for 3 years (in ₹)?
  17. 17.What is the simple interest on ₹8000 at 5% per year for 4 years (in ₹)?
  18. 18.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹1810. What is the loss (in ₹)?
  19. 19.A cooler bought for ₹3300 is sold for ₹2640. What is the loss per cent?
  20. 20.What is the simple interest on ₹7900 at 10% per year for 5 years (in ₹)?
  21. 21.What is 55% of 540?
  22. 22.What is 10% of 200?
  23. 23.A shopkeeper buys a fan for ₹450 and sells it for ₹580. What is the profit (in ₹)?
  24. 24.What is 55% of 260?
  25. 25.What is the simple interest on ₹7800 at 6% per year for 1 year (in ₹)?
  26. 26.What is 75% of 60?
  27. 27.A shopkeeper buys a table for ₹1800 and sells it for ₹1850. What is the profit (in ₹)?
  28. 28.A watch bought for ₹2000 is sold for ₹2400. What is the profit per cent?
  29. 29.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 5 years (in ₹)?
  30. 30.A sewing machine costs ₹3900. It is sold at a 12% profit. What is the selling price (in ₹)?
  31. 31.A cycle bought for ₹2100 is sold for ₹1470. What is the loss per cent?
  32. 32.What is the simple interest on ₹6400 at 5% per year for 1 year (in ₹)?
  33. 33.A sewing machine costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
  34. 34.What is 20% of 80?
  35. 35.What is the simple interest on ₹2800 at 6% per year for 2 years (in ₹)?
  36. 36.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹560. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 4 years (in ₹)?
  38. 38.A cycle costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.What is the simple interest on ₹1100 at 3% per year for 2 years (in ₹)?
  40. 40.What is 70% of 960?

Answer key

  1. 135
  2. 60
  3. 276
  4. 250
  5. 135
  6. 1725
  7. 60
  8. 1792
  9. 3840
  10. 160
  11. 130
  12. 75
  13. 3105
  14. 80
  15. 9900
  16. 420
  17. 1600
  18. 290
  19. 20
  20. 3950
  21. 297
  22. 20
  23. 130
  24. 143
  25. 468
  26. 45
  27. 50
  28. 20
  29. 14560
  30. 4368
  31. 30
  32. 320
  33. 1980
  34. 16
  35. 336
  36. 290
  37. 11152
  38. 3630
  39. 66
  40. 672

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