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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 858 · 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 5% of 40?
  2. 2.A shopkeeper buys a fan for ₹1750 and sells it for ₹1800. What is the profit (in ₹)?
  3. 3.What is 90% of 440?
  4. 4.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹640. What is the profit (in ₹)?
  5. 5.The price of a box of mangoes changed from ₹20 to ₹28. What is the percentage increase?
  6. 6.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
  7. 7.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 1 year (in ₹)?
  8. 8.What is the simple interest on ₹6200 at 12% per year for 5 years (in ₹)?
  9. 9.The price of a bus pass changed from ₹20 to ₹18. What is the percentage decrease?
  10. 10.A shopkeeper buys a fan for ₹1150 and sells it for ₹1340. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹2800 and sells it for ₹3060. What is the profit (in ₹)?
  12. 12.A cricket kit bought for ₹3300 is sold for ₹2805. What is the loss per cent?
  13. 13.A table bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  14. 14.A sewing machine bought for ₹3600 is sold for ₹5040. What is the profit per cent?
  15. 15.A mobile phone costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
  16. 16.What is 60% of 880?
  17. 17.What is the amount (principal + simple interest) on ₹8700 at 8% per year for 2 years (in ₹)?
  18. 18.A fan costs ₹1100. It is sold at a 25% loss. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹1800 at 4% per year for 2 years (in ₹)?
  20. 20.What is the simple interest on ₹2500 at 12% per year for 3 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 2 years (in ₹)?
  22. 22.A watch costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1370. What is the profit (in ₹)?
  24. 24.What is 70% of 500?
  25. 25.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  26. 26.A mobile phone costs ₹1700. It is sold at a 10% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹500 at 6% per year for 5 years (in ₹)?
  28. 28.What is the simple interest on ₹7900 at 11% per year for 1 year (in ₹)?
  29. 29.What is 60% of 860?
  30. 30.What is 25% of 840?
  31. 31.What is 85% of 340?
  32. 32.What is the amount (principal + simple interest) on ₹9000 at 7% per year for 2 years (in ₹)?
  33. 33.A cycle bought for ₹1600 is sold for ₹1200. What is the loss per cent?
  34. 34.What is 15% of 980?
  35. 35.What is 25% of 900?
  36. 36.A cooler costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹500 at 3% per year for 1 year (in ₹)?
  38. 38.What is the simple interest on ₹8300 at 4% per year for 4 years (in ₹)?
  39. 39.A cooler costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹6200 at 9% per year for 1 year (in ₹)?

Answer key

  1. 2
  2. 50
  3. 396
  4. 240
  5. 40
  6. 30
  7. 3488
  8. 3720
  9. 10
  10. 190
  11. 260
  12. 15
  13. 25
  14. 40
  15. 4800
  16. 528
  17. 10092
  18. 825
  19. 1944
  20. 900
  21. 3306
  22. 3240
  23. 70
  24. 350
  25. 40
  26. 1530
  27. 150
  28. 869
  29. 516
  30. 210
  31. 289
  32. 10260
  33. 25
  34. 147
  35. 225
  36. 2945
  37. 15
  38. 1328
  39. 2760
  40. 558

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