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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 726 · 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.The price of a cricket ball changed from ₹100 to ₹140. What is the percentage increase?
  2. 2.What is 20% of 120?
  3. 3.What is 15% of 360?
  4. 4.The price of a water bottle changed from ₹20 to ₹24. What is the percentage increase?
  5. 5.What is 25% of 900?
  6. 6.What is the simple interest on ₹4400 at 5% per year for 4 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 3 years (in ₹)?
  8. 8.A cycle bought for ₹2400 is sold for ₹2688. What is the profit per cent?
  9. 9.What is the simple interest on ₹5900 at 7% per year for 1 year (in ₹)?
  10. 10.A shopkeeper buys a watch for ₹2950 and sells it for ₹3030. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a cricket kit for ₹1150 and sells it for ₹1200. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a cycle for ₹250 and sells it for ₹190. What is the loss (in ₹)?
  13. 13.What is 60% of 1000?
  14. 14.A table costs ₹900. It is sold at a 20% loss. What is the selling price (in ₹)?
  15. 15.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
  16. 16.A mobile phone costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹8600 at 11% per year for 1 year (in ₹)?
  18. 18.What is 25% of 540?
  19. 19.A watch costs ₹3100. It is sold at a 12% profit. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹980. What is the loss (in ₹)?
  21. 21.What is the simple interest on ₹6300 at 11% per year for 5 years (in ₹)?
  22. 22.The price of a school bag changed from ₹200 to ₹380. What is the percentage increase?
  23. 23.What is the simple interest on ₹2700 at 10% per year for 1 year (in ₹)?
  24. 24.The price of a school bag changed from ₹400 to ₹404. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹4600 at 8% per year for 1 year (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹4600 at 2% per year for 1 year (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹1000 at 7% per year for 2 years (in ₹)?
  28. 28.What is 10% of 300?
  29. 29.What is the amount (principal + simple interest) on ₹1200 at 4% per year for 5 years (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹550 and sells it for ₹370. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2140. What is the loss (in ₹)?
  32. 32.What is 80% of 40?
  33. 33.A shopkeeper buys a cycle for ₹1950 and sells it for ₹1940. What is the loss (in ₹)?
  34. 34.The price of a cricket ball changed from ₹250 to ₹255. What is the percentage increase?
  35. 35.A shopkeeper buys a table for ₹3000 and sells it for ₹3040. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹7100 at 11% per year for 4 years (in ₹)?
  37. 37.A cycle costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a fan for ₹2600 and sells it for ₹2340. What is the loss (in ₹)?
  39. 39.What is the simple interest on ₹1500 at 8% per year for 4 years (in ₹)?
  40. 40.A sewing machine bought for ₹3900 is sold for ₹4095. What is the profit per cent?

Answer key

  1. 40
  2. 24
  3. 54
  4. 20
  5. 225
  6. 880
  7. 3584
  8. 12
  9. 413
  10. 80
  11. 50
  12. 60
  13. 600
  14. 720
  15. 80
  16. 3240
  17. 946
  18. 135
  19. 3472
  20. 20
  21. 3465
  22. 90
  23. 270
  24. 1
  25. 4968
  26. 4692
  27. 1140
  28. 30
  29. 1440
  30. 180
  31. 260
  32. 32
  33. 10
  34. 2
  35. 40
  36. 10224
  37. 4030
  38. 260
  39. 480
  40. 5

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