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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 912 · 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 70% of 540?
  2. 2.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 2 years (in ₹)?
  3. 3.What is the simple interest on ₹6400 at 2% per year for 5 years (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2270. What is the loss (in ₹)?
  5. 5.What is 5% of 520?
  6. 6.A watch costs ₹2200. It is sold at a 5% loss. What is the selling price (in ₹)?
  7. 7.What is 75% of 920?
  8. 8.A cooler bought for ₹1800 is sold for ₹2160. What is the profit per cent?
  9. 9.A watch bought for ₹1200 is sold for ₹1500. What is the profit per cent?
  10. 10.What is the amount (principal + simple interest) on ₹6200 at 2% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 2 years (in ₹)?
  12. 12.A sewing machine costs ₹1900. It is sold at a 40% loss. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹900 at 6% per year for 1 year (in ₹)?
  14. 14.What is 85% of 200?
  15. 15.What is 65% of 600?
  16. 16.What is 35% of 200?
  17. 17.What is the amount (principal + simple interest) on ₹9400 at 10% per year for 2 years (in ₹)?
  18. 18.What is the simple interest on ₹9900 at 10% per year for 3 years (in ₹)?
  19. 19.What is 5% of 300?
  20. 20.What is the amount (principal + simple interest) on ₹5200 at 6% per year for 3 years (in ₹)?
  21. 21.A table costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹9900 at 6% per year for 3 years (in ₹)?
  23. 23.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
  24. 24.A table bought for ₹3700 is sold for ₹1850. What is the loss per cent?
  25. 25.A sewing machine bought for ₹1900 is sold for ₹1140. What is the loss per cent?
  26. 26.What is 55% of 540?
  27. 27.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2620. What is the profit (in ₹)?
  28. 28.What is 60% of 600?
  29. 29.What is 65% of 260?
  30. 30.The price of a water bottle changed from ₹400 to ₹520. What is the percentage increase?
  31. 31.What is the simple interest on ₹4600 at 10% per year for 5 years (in ₹)?
  32. 32.A cricket kit bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  33. 33.What is the amount (principal + simple interest) on ₹4200 at 11% per year for 4 years (in ₹)?
  34. 34.A mobile phone costs ₹1700. It is sold at a 25% profit. What is the selling price (in ₹)?
  35. 35.The price of a school bag changed from ₹20 to ₹32. What is the percentage increase?
  36. 36.A fan bought for ₹600 is sold for ₹420. What is the loss per cent?
  37. 37.What is 65% of 420?
  38. 38.What is 35% of 620?
  39. 39.A shopkeeper buys a table for ₹1300 and sells it for ₹1540. What is the profit (in ₹)?
  40. 40.The price of a box of mangoes changed from ₹400 to ₹600. What is the percentage increase?

Answer key

  1. 378
  2. 9130
  3. 640
  4. 30
  5. 26
  6. 2090
  7. 690
  8. 20
  9. 25
  10. 6820
  11. 3480
  12. 1140
  13. 954
  14. 170
  15. 390
  16. 70
  17. 11280
  18. 2970
  19. 15
  20. 6136
  21. 1300
  22. 11682
  23. 40
  24. 50
  25. 40
  26. 297
  27. 170
  28. 360
  29. 169
  30. 30
  31. 2300
  32. 5
  33. 6048
  34. 2125
  35. 60
  36. 30
  37. 273
  38. 217
  39. 240
  40. 50

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