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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 829 · 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 420?
  2. 2.A mobile phone bought for ₹600 is sold for ₹630. What is the profit per cent?
  3. 3.A sewing machine bought for ₹2600 is sold for ₹3380. What is the profit per cent?
  4. 4.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  5. 5.The price of a water bottle changed from ₹20 to ₹22. What is the percentage increase?
  6. 6.What is 5% of 760?
  7. 7.What is the simple interest on ₹4300 at 10% per year for 2 years (in ₹)?
  8. 8.A shopkeeper buys a watch for ₹2850 and sells it for ₹2580. What is the loss (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 3 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7600 at 7% per year for 5 years (in ₹)?
  11. 11.What is 30% of 700?
  12. 12.A cycle costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
  13. 13.What is 45% of 60?
  14. 14.What is the simple interest on ₹5900 at 6% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹6200 at 8% per year for 3 years (in ₹)?
  16. 16.What is the simple interest on ₹8900 at 11% per year for 1 year (in ₹)?
  17. 17.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹640. What is the loss (in ₹)?
  18. 18.What is the simple interest on ₹9300 at 7% per year for 5 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹3500 at 11% per year for 3 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹4800 at 6% per year for 3 years (in ₹)?
  21. 21.The price of a school bag changed from ₹100 to ₹105. What is the percentage increase?
  22. 22.A shopkeeper buys a watch for ₹1550 and sells it for ₹1670. What is the profit (in ₹)?
  23. 23.A cycle costs ₹2700. It is sold at a 30% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a sewing machine for ₹1400 and sells it for ₹1450. What is the profit (in ₹)?
  25. 25.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1330. What is the loss (in ₹)?
  26. 26.The price of a water bottle changed from ₹250 to ₹150. What is the percentage decrease?
  27. 27.What is the amount (principal + simple interest) on ₹7800 at 6% per year for 3 years (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹300 and sells it for ₹460. What is the profit (in ₹)?
  29. 29.A sewing machine costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹4300 at 4% per year for 3 years (in ₹)?
  31. 31.What is 10% of 680?
  32. 32.What is 95% of 660?
  33. 33.What is the simple interest on ₹3900 at 3% per year for 3 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹8800 at 5% per year for 3 years (in ₹)?
  35. 35.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2470. What is the loss (in ₹)?
  36. 36.The price of a cricket ball changed from ₹250 to ₹225. What is the percentage decrease?
  37. 37.A table costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
  38. 38.A table costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  39. 39.What is 55% of 480?
  40. 40.A shopkeeper buys a table for ₹2800 and sells it for ₹2750. What is the loss (in ₹)?

Answer key

  1. 126
  2. 5
  3. 30
  4. 40
  5. 10
  6. 38
  7. 860
  8. 270
  9. 2180
  10. 10260
  11. 210
  12. 490
  13. 27
  14. 708
  15. 1488
  16. 979
  17. 260
  18. 3255
  19. 4655
  20. 5664
  21. 5
  22. 120
  23. 3510
  24. 50
  25. 220
  26. 40
  27. 9204
  28. 160
  29. 1425
  30. 4816
  31. 68
  32. 627
  33. 351
  34. 10120
  35. 30
  36. 10
  37. 1725
  38. 3990
  39. 264
  40. 50

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