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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 861 · 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.

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  1. 1.What is 30% of 60?
  2. 2.What is the amount (principal + simple interest) on ₹500 at 2% per year for 3 years (in ₹)?
  3. 3.What is 45% of 300?
  4. 4.A watch bought for ₹1800 is sold for ₹1620. What is the loss per cent?
  5. 5.The price of a school bag changed from ₹250 to ₹255. What is the percentage increase?
  6. 6.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1870. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹1600 at 2% per year for 1 year (in ₹)?
  8. 8.The price of a water bottle changed from ₹40 to ₹72. What is the percentage increase?
  9. 9.What is the simple interest on ₹9000 at 2% per year for 2 years (in ₹)?
  10. 10.What is 10% of 480?
  11. 11.What is the simple interest on ₹8300 at 4% per year for 1 year (in ₹)?
  12. 12.A table costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  13. 13.A fan bought for ₹1300 is sold for ₹1365. What is the profit per cent?
  14. 14.What is 5% of 900?
  15. 15.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1680. What is the loss (in ₹)?
  16. 16.What is 90% of 700?
  17. 17.A shopkeeper buys a fan for ₹1900 and sells it for ₹1970. What is the profit (in ₹)?
  18. 18.A sewing machine costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
  19. 19.What is 45% of 620?
  20. 20.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2620. What is the profit (in ₹)?
  21. 21.A table bought for ₹1500 is sold for ₹1425. What is the loss per cent?
  22. 22.What is the simple interest on ₹3500 at 7% per year for 4 years (in ₹)?
  23. 23.A shopkeeper buys a watch for ₹1600 and sells it for ₹1730. What is the profit (in ₹)?
  24. 24.The price of a bus pass changed from ₹500 to ₹505. What is the percentage increase?
  25. 25.A shopkeeper buys a cooler for ₹650 and sells it for ₹430. What is the loss (in ₹)?
  26. 26.The price of a pair of shoes changed from ₹40 to ₹50. What is the percentage increase?
  27. 27.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 1 year (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 1 year (in ₹)?
  29. 29.A cycle bought for ₹4000 is sold for ₹5000. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹10000 at 8% per year for 5 years (in ₹)?
  31. 31.The price of a water bottle changed from ₹80 to ₹56. What is the percentage decrease?
  32. 32.What is the simple interest on ₹7000 at 7% per year for 5 years (in ₹)?
  33. 33.The price of a box of mangoes changed from ₹50 to ₹75. What is the percentage increase?
  34. 34.A sewing machine costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹6200 at 11% per year for 5 years (in ₹)?
  36. 36.What is 55% of 80?
  37. 37.A table bought for ₹2300 is sold for ₹2990. What is the profit per cent?
  38. 38.What is the simple interest on ₹7900 at 8% per year for 1 year (in ₹)?
  39. 39.A cycle costs ₹3800. It is sold at a 25% loss. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹2200 at 3% per year for 4 years (in ₹)?

Answer key

  1. 18
  2. 530
  3. 135
  4. 10
  5. 2
  6. 220
  7. 32
  8. 80
  9. 360
  10. 48
  11. 332
  12. 1350
  13. 5
  14. 45
  15. 220
  16. 630
  17. 70
  18. 3450
  19. 279
  20. 170
  21. 5
  22. 980
  23. 130
  24. 1
  25. 220
  26. 25
  27. 1680
  28. 4120
  29. 25
  30. 14000
  31. 30
  32. 2450
  33. 50
  34. 1680
  35. 9610
  36. 44
  37. 30
  38. 632
  39. 2850
  40. 264

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