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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 864 · 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 95% of 840?
  2. 2.What is 20% of 300?
  3. 3.A cycle costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
  4. 4.What is 10% of 60?
  5. 5.A shopkeeper buys a watch for ₹2650 and sells it for ₹2830. What is the profit (in ₹)?
  6. 6.What is the simple interest on ₹5400 at 8% per year for 2 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹1200 at 7% per year for 2 years (in ₹)?
  8. 8.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2570. What is the profit (in ₹)?
  9. 9.A mobile phone costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
  10. 10.A cycle bought for ₹600 is sold for ₹690. What is the profit per cent?
  11. 11.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2780. What is the loss (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹6800 at 3% per year for 5 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹4600 at 4% per year for 3 years (in ₹)?
  14. 14.What is 15% of 780?
  15. 15.What is 70% of 840?
  16. 16.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹500. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 2 years (in ₹)?
  18. 18.What is the simple interest on ₹8100 at 5% per year for 1 year (in ₹)?
  19. 19.A cricket kit costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a cycle for ₹850 and sells it for ₹1150. What is the profit (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹5300 at 4% per year for 5 years (in ₹)?
  22. 22.What is 25% of 320?
  23. 23.What is the simple interest on ₹9800 at 4% per year for 4 years (in ₹)?
  24. 24.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹290. What is the loss (in ₹)?
  25. 25.A shopkeeper buys a watch for ₹450 and sells it for ₹610. What is the profit (in ₹)?
  26. 26.The price of a school bag changed from ₹40 to ₹76. What is the percentage increase?
  27. 27.A cycle bought for ₹3700 is sold for ₹4810. What is the profit per cent?
  28. 28.A table costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 1 year (in ₹)?
  30. 30.What is 70% of 220?
  31. 31.What is the simple interest on ₹2000 at 12% per year for 3 years (in ₹)?
  32. 32.What is the simple interest on ₹3700 at 8% per year for 1 year (in ₹)?
  33. 33.A sewing machine bought for ₹400 is sold for ₹440. What is the profit per cent?
  34. 34.What is 40% of 260?
  35. 35.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹3210. What is the profit (in ₹)?
  36. 36.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
  37. 37.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
  38. 38.What is 80% of 900?
  39. 39.What is the simple interest on ₹9200 at 12% per year for 3 years (in ₹)?
  40. 40.What is the simple interest on ₹900 at 10% per year for 1 year (in ₹)?

Answer key

  1. 798
  2. 60
  3. 5000
  4. 6
  5. 180
  6. 864
  7. 1368
  8. 120
  9. 1210
  10. 15
  11. 120
  12. 7820
  13. 5152
  14. 117
  15. 588
  16. 150
  17. 7696
  18. 405
  19. 240
  20. 300
  21. 6360
  22. 80
  23. 1568
  24. 10
  25. 160
  26. 90
  27. 30
  28. 480
  29. 5871
  30. 154
  31. 720
  32. 296
  33. 10
  34. 104
  35. 260
  36. 80
  37. 90
  38. 720
  39. 3312
  40. 90

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