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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 755 · 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.A cricket kit bought for ₹3400 is sold for ₹3910. What is the profit per cent?
  2. 2.What is 5% of 500?
  3. 3.A cooler bought for ₹800 is sold for ₹640. What is the loss per cent?
  4. 4.A mobile phone bought for ₹300 is sold for ₹285. What is the loss per cent?
  5. 5.What is the simple interest on ₹1800 at 10% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a fan for ₹1750 and sells it for ₹1860. What is the profit (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹2700 at 4% per year for 5 years (in ₹)?
  8. 8.What is 75% of 620?
  9. 9.A table costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 1 year (in ₹)?
  11. 11.A watch costs ₹1700. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a table for ₹1600 and sells it for ₹1800. What is the profit (in ₹)?
  13. 13.A cooler costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
  14. 14.What is 35% of 480?
  15. 15.A cooler costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
  16. 16.What is 35% of 640?
  17. 17.What is 55% of 940?
  18. 18.What is the simple interest on ₹8300 at 10% per year for 2 years (in ₹)?
  19. 19.What is 20% of 700?
  20. 20.A cricket kit bought for ₹3500 is sold for ₹4375. What is the profit per cent?
  21. 21.The price of a box of mangoes changed from ₹100 to ₹140. What is the percentage increase?
  22. 22.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
  23. 23.What is 15% of 760?
  24. 24.What is the amount (principal + simple interest) on ₹6200 at 4% per year for 5 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2800 at 11% per year for 1 year (in ₹)?
  26. 26.What is the simple interest on ₹8500 at 8% per year for 2 years (in ₹)?
  27. 27.What is 30% of 340?
  28. 28.What is 80% of 540?
  29. 29.A sewing machine costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
  30. 30.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  31. 31.What is the amount (principal + simple interest) on ₹3000 at 9% per year for 2 years (in ₹)?
  32. 32.What is the simple interest on ₹3200 at 6% per year for 3 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹2600 at 9% per year for 2 years (in ₹)?
  34. 34.A watch costs ₹2700. It is sold at a 15% profit. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2600 at 3% per year for 1 year (in ₹)?
  36. 36.The price of a water bottle changed from ₹25 to ₹40. What is the percentage increase?
  37. 37.What is 65% of 640?
  38. 38.What is 10% of 80?
  39. 39.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 5 years (in ₹)?
  40. 40.What is the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?

Answer key

  1. 15
  2. 25
  3. 20
  4. 5
  5. 540
  6. 110
  7. 3240
  8. 465
  9. 336
  10. 3456
  11. 1530
  12. 200
  13. 600
  14. 168
  15. 2280
  16. 224
  17. 517
  18. 1660
  19. 140
  20. 25
  21. 40
  22. 90
  23. 114
  24. 7440
  25. 3108
  26. 1360
  27. 102
  28. 432
  29. 1300
  30. 20
  31. 3540
  32. 576
  33. 3068
  34. 3105
  35. 2678
  36. 60
  37. 416
  38. 8
  39. 7150
  40. 800

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