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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 913 · 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 65% of 480?
  2. 2.What is 80% of 700?
  3. 3.A cycle costs ₹2700. It is sold at a 20% loss. What is the selling price (in ₹)?
  4. 4.What is 95% of 440?
  5. 5.A cycle costs ₹3800. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.What is 75% of 80?
  7. 7.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 1 year (in ₹)?
  8. 8.The price of a school bag changed from ₹50 to ₹55. What is the percentage increase?
  9. 9.The price of a school bag changed from ₹80 to ₹76. What is the percentage decrease?
  10. 10.What is 10% of 260?
  11. 11.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2970. What is the profit (in ₹)?
  12. 12.What is 15% of 700?
  13. 13.A shopkeeper buys a cricket kit for ₹1950 and sells it for ₹1900. What is the loss (in ₹)?
  14. 14.What is the simple interest on ₹2200 at 12% per year for 3 years (in ₹)?
  15. 15.The price of a cricket ball changed from ₹50 to ₹80. What is the percentage increase?
  16. 16.What is the amount (principal + simple interest) on ₹9700 at 12% per year for 3 years (in ₹)?
  17. 17.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
  18. 18.A sewing machine costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a table for ₹750 and sells it for ₹620. What is the loss (in ₹)?
  20. 20.A cricket kit costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
  21. 21.The price of a school bag changed from ₹50 to ₹20. What is the percentage decrease?
  22. 22.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  23. 23.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1000. What is the loss (in ₹)?
  24. 24.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹900. What is the profit (in ₹)?
  25. 25.A table bought for ₹1500 is sold for ₹1800. What is the profit per cent?
  26. 26.What is 60% of 40?
  27. 27.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹890. What is the profit (in ₹)?
  28. 28.What is 40% of 320?
  29. 29.What is 55% of 960?
  30. 30.A sewing machine bought for ₹800 is sold for ₹1000. What is the profit per cent?
  31. 31.A cooler costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  32. 32.A cricket kit costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
  33. 33.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
  34. 34.The price of a school bag changed from ₹200 to ₹40. What is the percentage decrease?
  35. 35.A fan costs ₹3600. It is sold at a 20% profit. What is the selling price (in ₹)?
  36. 36.What is 85% of 660?
  37. 37.What is 60% of 600?
  38. 38.A cycle bought for ₹3600 is sold for ₹2880. What is the loss per cent?
  39. 39.What is the simple interest on ₹4000 at 4% per year for 4 years (in ₹)?
  40. 40.What is the simple interest on ₹9400 at 12% per year for 3 years (in ₹)?

Answer key

  1. 312
  2. 560
  3. 2160
  4. 418
  5. 2850
  6. 60
  7. 9894
  8. 10
  9. 5
  10. 26
  11. 20
  12. 105
  13. 50
  14. 792
  15. 60
  16. 13192
  17. 80
  18. 420
  19. 130
  20. 1680
  21. 60
  22. 20
  23. 50
  24. 300
  25. 20
  26. 24
  27. 240
  28. 128
  29. 528
  30. 25
  31. 150
  32. 1350
  33. 10
  34. 80
  35. 4320
  36. 561
  37. 360
  38. 20
  39. 640
  40. 3384

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