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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 923 · 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 600?
  2. 2.A shopkeeper buys a watch for ₹950 and sells it for ₹1220. What is the profit (in ₹)?
  3. 3.What is 90% of 420?
  4. 4.A cycle costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹6300 at 11% per year for 2 years (in ₹)?
  6. 6.A cricket kit costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
  7. 7.What is the simple interest on ₹2100 at 4% per year for 5 years (in ₹)?
  8. 8.What is the simple interest on ₹4500 at 10% per year for 5 years (in ₹)?
  9. 9.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1300. What is the loss (in ₹)?
  10. 10.The price of a box of mangoes changed from ₹20 to ₹30. What is the percentage increase?
  11. 11.A cycle bought for ₹400 is sold for ₹240. What is the loss per cent?
  12. 12.A cricket kit bought for ₹2600 is sold for ₹2860. What is the profit per cent?
  13. 13.What is the amount (principal + simple interest) on ₹4800 at 7% per year for 1 year (in ₹)?
  14. 14.A fan bought for ₹3600 is sold for ₹3960. What is the profit per cent?
  15. 15.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1290. What is the loss (in ₹)?
  16. 16.A shopkeeper buys a watch for ₹2700 and sells it for ₹2860. What is the profit (in ₹)?
  17. 17.A sewing machine bought for ₹700 is sold for ₹350. What is the loss per cent?
  18. 18.What is the simple interest on ₹8500 at 10% per year for 3 years (in ₹)?
  19. 19.What is the simple interest on ₹9700 at 5% per year for 3 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹3500 at 8% per year for 5 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹800 at 4% per year for 1 year (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹1200 at 6% per year for 4 years (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹3100. What is the profit (in ₹)?
  24. 24.A cooler costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
  25. 25.The price of a box of mangoes changed from ₹500 to ₹490. What is the percentage decrease?
  26. 26.What is 5% of 180?
  27. 27.What is the amount (principal + simple interest) on ₹4600 at 8% per year for 1 year (in ₹)?
  28. 28.A mobile phone costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
  29. 29.A fan bought for ₹3200 is sold for ₹4480. What is the profit per cent?
  30. 30.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  31. 31.A cycle bought for ₹1100 is sold for ₹1155. What is the profit per cent?
  32. 32.A fan costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
  33. 33.What is 10% of 100?
  34. 34.A table bought for ₹2200 is sold for ₹2310. What is the profit per cent?
  35. 35.A cricket kit costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
  36. 36.What is 80% of 80?
  37. 37.What is 80% of 940?
  38. 38.A cooler costs ₹900. It is sold at a 25% profit. What is the selling price (in ₹)?
  39. 39.A watch bought for ₹900 is sold for ₹855. What is the loss per cent?
  40. 40.What is the simple interest on ₹700 at 10% per year for 2 years (in ₹)?

Answer key

  1. 390
  2. 270
  3. 378
  4. 550
  5. 7686
  6. 1500
  7. 420
  8. 2250
  9. 300
  10. 50
  11. 40
  12. 10
  13. 5136
  14. 10
  15. 60
  16. 160
  17. 50
  18. 2550
  19. 1455
  20. 4900
  21. 832
  22. 1488
  23. 150
  24. 2640
  25. 2
  26. 9
  27. 4968
  28. 2480
  29. 40
  30. 60
  31. 5
  32. 5100
  33. 10
  34. 5
  35. 665
  36. 64
  37. 752
  38. 1125
  39. 5
  40. 140

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