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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 74 · 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 40% of 600?
  2. 2.The price of a water bottle changed from ₹50 to ₹55. What is the percentage increase?
  3. 3.What is 60% of 400?
  4. 4.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 3 years (in ₹)?
  5. 5.A fan bought for ₹900 is sold for ₹945. What is the profit per cent?
  6. 6.What is 10% of 140?
  7. 7.The price of a water bottle changed from ₹100 to ₹75. What is the percentage decrease?
  8. 8.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹1580. What is the loss (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5700 at 7% per year for 5 years (in ₹)?
  10. 10.What is 15% of 800?
  11. 11.What is the amount (principal + simple interest) on ₹4600 at 5% per year for 2 years (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹1400 and sells it for ₹1630. What is the profit (in ₹)?
  13. 13.A cooler bought for ₹1300 is sold for ₹1365. What is the profit per cent?
  14. 14.What is 35% of 180?
  15. 15.What is the simple interest on ₹2600 at 8% per year for 4 years (in ₹)?
  16. 16.A fan costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹6700 at 10% per year for 3 years (in ₹)?
  18. 18.The price of a school bag changed from ₹250 to ₹225. What is the percentage decrease?
  19. 19.What is the amount (principal + simple interest) on ₹5700 at 7% per year for 2 years (in ₹)?
  20. 20.What is 85% of 440?
  21. 21.A cricket kit costs ₹3400. It is sold at a 20% loss. What is the selling price (in ₹)?
  22. 22.A cricket kit costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1060. What is the profit (in ₹)?
  24. 24.What is 15% of 240?
  25. 25.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2050. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1790. What is the loss (in ₹)?
  27. 27.What is 35% of 780?
  28. 28.A cooler bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  29. 29.A cycle bought for ₹2900 is sold for ₹2610. What is the loss per cent?
  30. 30.The price of a cricket ball changed from ₹40 to ₹42. What is the percentage increase?
  31. 31.A shopkeeper buys a watch for ₹2050 and sells it for ₹1810. What is the loss (in ₹)?
  32. 32.A fan costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
  33. 33.A watch costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹2800 at 6% per year for 1 year (in ₹)?
  35. 35.A cycle bought for ₹200 is sold for ₹180. What is the loss per cent?
  36. 36.A cycle costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹9100 at 9% per year for 2 years (in ₹)?
  38. 38.A mobile phone bought for ₹300 is sold for ₹360. What is the profit per cent?
  39. 39.The price of a box of mangoes changed from ₹20 to ₹30. What is the percentage increase?
  40. 40.A shopkeeper buys a table for ₹2400 and sells it for ₹2240. What is the loss (in ₹)?

Answer key

  1. 240
  2. 10
  3. 240
  4. 2120
  5. 5
  6. 14
  7. 25
  8. 220
  9. 7695
  10. 120
  11. 5060
  12. 230
  13. 5
  14. 63
  15. 832
  16. 225
  17. 2010
  18. 10
  19. 6498
  20. 374
  21. 2720
  22. 1000
  23. 60
  24. 36
  25. 300
  26. 60
  27. 273
  28. 50
  29. 10
  30. 5
  31. 240
  32. 1275
  33. 735
  34. 2968
  35. 10
  36. 3450
  37. 1638
  38. 20
  39. 50
  40. 160

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