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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 959 · 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.A cricket kit bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  2. 2.What is 30% of 640?
  3. 3.What is the simple interest on ₹1100 at 7% per year for 4 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 5 years (in ₹)?
  5. 5.What is 55% of 240?
  6. 6.What is the simple interest on ₹1700 at 2% per year for 5 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹8900 at 6% per year for 4 years (in ₹)?
  8. 8.What is 45% of 480?
  9. 9.A cycle costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
  10. 10.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  11. 11.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 5 years (in ₹)?
  12. 12.The price of a box of mangoes changed from ₹250 to ₹255. What is the percentage increase?
  13. 13.A watch bought for ₹3800 is sold for ₹3990. What is the profit per cent?
  14. 14.What is 5% of 840?
  15. 15.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
  16. 16.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 3 years (in ₹)?
  17. 17.A watch bought for ₹1600 is sold for ₹2080. What is the profit per cent?
  18. 18.What is 10% of 920?
  19. 19.A shopkeeper buys a fan for ₹2050 and sells it for ₹2020. What is the loss (in ₹)?
  20. 20.A shopkeeper buys a table for ₹200 and sells it for ₹80. What is the loss (in ₹)?
  21. 21.What is 55% of 720?
  22. 22.The price of a box of mangoes changed from ₹500 to ₹700. What is the percentage increase?
  23. 23.A watch costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹5100 at 2% per year for 5 years (in ₹)?
  25. 25.The price of a bus pass changed from ₹100 to ₹140. What is the percentage increase?
  26. 26.What is 35% of 240?
  27. 27.What is the amount (principal + simple interest) on ₹2400 at 3% per year for 3 years (in ₹)?
  28. 28.What is 75% of 880?
  29. 29.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 2 years (in ₹)?
  30. 30.What is 5% of 620?
  31. 31.What is the amount (principal + simple interest) on ₹8400 at 2% per year for 5 years (in ₹)?
  32. 32.A cricket kit bought for ₹200 is sold for ₹280. What is the profit per cent?
  33. 33.The price of a cricket ball changed from ₹40 to ₹72. What is the percentage increase?
  34. 34.A table bought for ₹3400 is sold for ₹5100. What is the profit per cent?
  35. 35.What is 25% of 480?
  36. 36.What is the amount (principal + simple interest) on ₹2100 at 3% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹420. What is the loss (in ₹)?
  38. 38.What is 30% of 540?
  39. 39.A fan bought for ₹2700 is sold for ₹1620. What is the loss per cent?
  40. 40.A fan costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?

Answer key

  1. 20
  2. 192
  3. 308
  4. 14560
  5. 132
  6. 170
  7. 11036
  8. 216
  9. 1800
  10. 20
  11. 5520
  12. 2
  13. 5
  14. 42
  15. 60
  16. 2662
  17. 30
  18. 92
  19. 30
  20. 120
  21. 396
  22. 40
  23. 3300
  24. 5610
  25. 40
  26. 84
  27. 2616
  28. 660
  29. 9720
  30. 31
  31. 9240
  32. 40
  33. 80
  34. 50
  35. 120
  36. 2415
  37. 230
  38. 162
  39. 40
  40. 1200

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