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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 862 · 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 45% of 80?
  2. 2.A sewing machine bought for ₹2400 is sold for ₹2688. What is the profit per cent?
  3. 3.What is the simple interest on ₹3200 at 11% per year for 1 year (in ₹)?
  4. 4.A watch bought for ₹3000 is sold for ₹2700. What is the loss per cent?
  5. 5.The price of a bus pass changed from ₹200 to ₹260. What is the percentage increase?
  6. 6.A shopkeeper buys a cooler for ₹250 and sells it for ₹100. What is the loss (in ₹)?
  7. 7.The price of a bus pass changed from ₹250 to ₹50. What is the percentage decrease?
  8. 8.A shopkeeper buys a table for ₹1500 and sells it for ₹1490. What is the loss (in ₹)?
  9. 9.The price of a pair of shoes changed from ₹500 to ₹490. What is the percentage decrease?
  10. 10.A fan costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.What is 75% of 300?
  12. 12.What is the simple interest on ₹700 at 7% per year for 3 years (in ₹)?
  13. 13.What is 30% of 60?
  14. 14.What is the simple interest on ₹6600 at 3% per year for 3 years (in ₹)?
  15. 15.A shopkeeper buys a watch for ₹2250 and sells it for ₹2510. What is the profit (in ₹)?
  16. 16.What is 90% of 1000?
  17. 17.The price of a water bottle changed from ₹500 to ₹50. What is the percentage decrease?
  18. 18.A shopkeeper buys a watch for ₹300 and sells it for ₹20. What is the loss (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 4 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹3400 at 4% per year for 4 years (in ₹)?
  21. 21.What is the simple interest on ₹2700 at 2% per year for 1 year (in ₹)?
  22. 22.A shopkeeper buys a table for ₹700 and sells it for ₹750. What is the profit (in ₹)?
  23. 23.A mobile phone bought for ₹2100 is sold for ₹1470. What is the loss per cent?
  24. 24.What is the simple interest on ₹900 at 3% per year for 2 years (in ₹)?
  25. 25.What is 35% of 880?
  26. 26.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  27. 27.A sewing machine bought for ₹1800 is sold for ₹2700. What is the profit per cent?
  28. 28.What is the simple interest on ₹2700 at 2% per year for 2 years (in ₹)?
  29. 29.What is 75% of 120?
  30. 30.What is the simple interest on ₹1500 at 5% per year for 5 years (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹100 to ₹150. What is the percentage increase?
  32. 32.A fan costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
  33. 33.What is 35% of 120?
  34. 34.What is 20% of 120?
  35. 35.What is the amount (principal + simple interest) on ₹1600 at 8% per year for 2 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3700 at 12% per year for 5 years (in ₹)?
  37. 37.What is 10% of 600?
  38. 38.A cycle bought for ₹2400 is sold for ₹2640. What is the profit per cent?
  39. 39.What is the simple interest on ₹800 at 2% per year for 1 year (in ₹)?
  40. 40.What is the simple interest on ₹2300 at 9% per year for 1 year (in ₹)?

Answer key

  1. 36
  2. 12
  3. 352
  4. 10
  5. 30
  6. 150
  7. 80
  8. 10
  9. 2
  10. 990
  11. 225
  12. 147
  13. 18
  14. 594
  15. 260
  16. 900
  17. 90
  18. 280
  19. 8064
  20. 3944
  21. 54
  22. 50
  23. 30
  24. 54
  25. 308
  26. 20
  27. 50
  28. 108
  29. 90
  30. 375
  31. 50
  32. 420
  33. 42
  34. 24
  35. 1856
  36. 5920
  37. 60
  38. 10
  39. 16
  40. 207

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