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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 9 · 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 75% of 780?
  2. 2.A cycle bought for ₹1500 is sold for ₹1800. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹8700 at 8% per year for 5 years (in ₹)?
  4. 4.What is 10% of 960?
  5. 5.What is the simple interest on ₹4200 at 9% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹2700 at 2% per year for 5 years (in ₹)?
  7. 7.What is the simple interest on ₹4600 at 3% per year for 4 years (in ₹)?
  8. 8.A mobile phone bought for ₹1100 is sold for ₹1045. What is the loss per cent?
  9. 9.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  10. 10.A cycle costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
  11. 11.What is 55% of 320?
  12. 12.A cricket kit costs ₹1600. It is sold at a 10% profit. What is the selling price (in ₹)?
  13. 13.The price of a bus pass changed from ₹500 to ₹950. What is the percentage increase?
  14. 14.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1340. What is the loss (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹4600 at 12% per year for 3 years (in ₹)?
  16. 16.What is 35% of 820?
  17. 17.What is 70% of 100?
  18. 18.A cooler bought for ₹2300 is sold for ₹1610. What is the loss per cent?
  19. 19.What is the simple interest on ₹8400 at 10% per year for 3 years (in ₹)?
  20. 20.What is the simple interest on ₹7800 at 10% per year for 4 years (in ₹)?
  21. 21.What is the simple interest on ₹4500 at 4% per year for 2 years (in ₹)?
  22. 22.What is 75% of 380?
  23. 23.A cooler costs ₹3900. It is sold at a 5% profit. What is the selling price (in ₹)?
  24. 24.A fan bought for ₹3200 is sold for ₹2240. What is the loss per cent?
  25. 25.A mobile phone costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹5500 at 2% per year for 4 years (in ₹)?
  27. 27.A cricket kit costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
  28. 28.The price of a pair of shoes changed from ₹500 to ₹490. What is the percentage decrease?
  29. 29.What is the simple interest on ₹7700 at 8% per year for 3 years (in ₹)?
  30. 30.A table costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a table for ₹2500 and sells it for ₹2580. What is the profit (in ₹)?
  32. 32.A cricket kit bought for ₹2400 is sold for ₹1680. What is the loss per cent?
  33. 33.The price of a cricket ball changed from ₹40 to ₹60. What is the percentage increase?
  34. 34.A table costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
  35. 35.What is 75% of 140?
  36. 36.A shopkeeper buys a table for ₹1500 and sells it for ₹1560. What is the profit (in ₹)?
  37. 37.A cricket kit bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  38. 38.What is 15% of 40?
  39. 39.A sewing machine costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹4600 at 6% per year for 2 years (in ₹)?

Answer key

  1. 585
  2. 20
  3. 12180
  4. 96
  5. 378
  6. 2970
  7. 552
  8. 5
  9. 20
  10. 1380
  11. 176
  12. 1760
  13. 90
  14. 10
  15. 6256
  16. 287
  17. 70
  18. 30
  19. 2520
  20. 3120
  21. 360
  22. 285
  23. 4095
  24. 30
  25. 2160
  26. 5940
  27. 1750
  28. 2
  29. 1848
  30. 500
  31. 80
  32. 30
  33. 50
  34. 4256
  35. 105
  36. 60
  37. 12
  38. 6
  39. 4600
  40. 552

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