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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 921 · 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 15% of 500?
  2. 2.What is 70% of 320?
  3. 3.What is 75% of 720?
  4. 4.What is the amount (principal + simple interest) on ₹2300 at 6% per year for 2 years (in ₹)?
  5. 5.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹670. What is the loss (in ₹)?
  6. 6.What is 65% of 940?
  7. 7.A cooler bought for ₹1500 is sold for ₹1680. What is the profit per cent?
  8. 8.A fan bought for ₹2400 is sold for ₹1920. What is the loss per cent?
  9. 9.A cycle costs ₹1400. It is sold at a 10% profit. What is the selling price (in ₹)?
  10. 10.What is 80% of 1000?
  11. 11.The price of a cricket ball changed from ₹40 to ₹64. What is the percentage increase?
  12. 12.What is the simple interest on ₹1700 at 11% per year for 1 year (in ₹)?
  13. 13.What is the simple interest on ₹9000 at 6% per year for 1 year (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹750 and sells it for ₹460. What is the loss (in ₹)?
  15. 15.What is 25% of 540?
  16. 16.The price of a bus pass changed from ₹500 to ₹900. What is the percentage increase?
  17. 17.The price of a water bottle changed from ₹20 to ₹30. What is the percentage increase?
  18. 18.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2260. What is the loss (in ₹)?
  19. 19.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1730. What is the profit (in ₹)?
  20. 20.What is 90% of 100?
  21. 21.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1100. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2150. What is the profit (in ₹)?
  23. 23.A mobile phone bought for ₹700 is sold for ₹910. What is the profit per cent?
  24. 24.A watch bought for ₹900 is sold for ₹810. What is the loss per cent?
  25. 25.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹770. What is the profit (in ₹)?
  26. 26.What is 25% of 460?
  27. 27.What is the simple interest on ₹3500 at 11% per year for 1 year (in ₹)?
  28. 28.A mobile phone costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  29. 29.The price of a cricket ball changed from ₹80 to ₹48. What is the percentage decrease?
  30. 30.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹3800 at 5% per year for 1 year (in ₹)?
  32. 32.A shopkeeper buys a table for ₹2800 and sells it for ₹2900. What is the profit (in ₹)?
  33. 33.What is the simple interest on ₹4500 at 10% per year for 2 years (in ₹)?
  34. 34.What is the simple interest on ₹7200 at 12% per year for 5 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2400 at 12% per year for 2 years (in ₹)?
  36. 36.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2750. What is the profit (in ₹)?
  37. 37.The price of a water bottle changed from ₹100 to ₹80. What is the percentage decrease?
  38. 38.What is the simple interest on ₹4400 at 9% per year for 2 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹7600 at 8% per year for 4 years (in ₹)?
  40. 40.What is the simple interest on ₹7900 at 2% per year for 4 years (in ₹)?

Answer key

  1. 75
  2. 224
  3. 540
  4. 2576
  5. 30
  6. 611
  7. 12
  8. 20
  9. 1540
  10. 800
  11. 60
  12. 187
  13. 540
  14. 290
  15. 135
  16. 80
  17. 50
  18. 40
  19. 130
  20. 90
  21. 250
  22. 100
  23. 30
  24. 10
  25. 120
  26. 115
  27. 385
  28. 150
  29. 40
  30. 50
  31. 3990
  32. 100
  33. 900
  34. 4320
  35. 2976
  36. 100
  37. 20
  38. 792
  39. 10032
  40. 632

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