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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 881 · 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 55% of 320?
  2. 2.A table costs ₹1700. It is sold at a 40% profit. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1310. What is the profit (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 3 years (in ₹)?
  5. 5.A fan bought for ₹1300 is sold for ₹1495. What is the profit per cent?
  6. 6.What is the simple interest on ₹3400 at 3% per year for 2 years (in ₹)?
  7. 7.What is the simple interest on ₹1600 at 10% per year for 5 years (in ₹)?
  8. 8.A shopkeeper buys a fan for ₹1600 and sells it for ₹1810. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a table for ₹3000 and sells it for ₹3090. What is the profit (in ₹)?
  10. 10.What is the simple interest on ₹8100 at 7% per year for 4 years (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹900 and sells it for ₹820. What is the loss (in ₹)?
  12. 12.What is 15% of 900?
  13. 13.What is the amount (principal + simple interest) on ₹5700 at 8% per year for 4 years (in ₹)?
  14. 14.What is the simple interest on ₹1600 at 2% per year for 2 years (in ₹)?
  15. 15.The price of a water bottle changed from ₹50 to ₹30. What is the percentage decrease?
  16. 16.What is the simple interest on ₹3400 at 2% per year for 3 years (in ₹)?
  17. 17.A shopkeeper buys a cycle for ₹600 and sells it for ₹400. What is the loss (in ₹)?
  18. 18.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1150. What is the loss (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 4 years (in ₹)?
  20. 20.A shopkeeper buys a table for ₹500 and sells it for ₹400. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2790. What is the profit (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹1400 and sells it for ₹1640. What is the profit (in ₹)?
  23. 23.A cycle bought for ₹400 is sold for ₹420. What is the profit per cent?
  24. 24.A shopkeeper buys a cycle for ₹300 and sells it for ₹430. What is the profit (in ₹)?
  25. 25.A fan bought for ₹4000 is sold for ₹2400. What is the loss per cent?
  26. 26.What is the amount (principal + simple interest) on ₹9800 at 9% per year for 3 years (in ₹)?
  27. 27.What is 55% of 260?
  28. 28.A cycle costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹7100 at 5% per year for 4 years (in ₹)?
  30. 30.A table bought for ₹1900 is sold for ₹2660. What is the profit per cent?
  31. 31.What is 55% of 200?
  32. 32.A table costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.The price of a pair of shoes changed from ₹200 to ₹196. What is the percentage decrease?
  34. 34.What is 55% of 620?
  35. 35.A sewing machine costs ₹1700. It is sold at a 30% profit. What is the selling price (in ₹)?
  36. 36.The price of a school bag changed from ₹250 to ₹50. What is the percentage decrease?
  37. 37.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
  38. 38.What is the amount (principal + simple interest) on ₹6600 at 6% per year for 1 year (in ₹)?
  39. 39.What is 90% of 40?
  40. 40.What is the amount (principal + simple interest) on ₹3900 at 11% per year for 1 year (in ₹)?

Answer key

  1. 176
  2. 2380
  3. 210
  4. 7015
  5. 15
  6. 204
  7. 800
  8. 210
  9. 90
  10. 2268
  11. 80
  12. 135
  13. 7524
  14. 64
  15. 40
  16. 204
  17. 200
  18. 150
  19. 4060
  20. 100
  21. 240
  22. 240
  23. 5
  24. 130
  25. 40
  26. 12446
  27. 143
  28. 700
  29. 1420
  30. 40
  31. 110
  32. 2250
  33. 2
  34. 341
  35. 2210
  36. 80
  37. 40
  38. 6996
  39. 36
  40. 4329

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