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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 102 · 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.The price of a school bag changed from ₹80 to ₹40. What is the percentage decrease?
  2. 2.What is the amount (principal + simple interest) on ₹1700 at 9% per year for 2 years (in ₹)?
  3. 3.What is 10% of 260?
  4. 4.What is the simple interest on ₹2400 at 11% per year for 5 years (in ₹)?
  5. 5.A cooler costs ₹200. It is sold at a 20% profit. What is the selling price (in ₹)?
  6. 6.A sewing machine costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1990. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹900 at 11% per year for 3 years (in ₹)?
  9. 9.A watch costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a table for ₹1950 and sells it for ₹2180. What is the profit (in ₹)?
  11. 11.What is 5% of 220?
  12. 12.What is the simple interest on ₹7100 at 3% per year for 1 year (in ₹)?
  13. 13.What is 75% of 200?
  14. 14.A shopkeeper buys a watch for ₹2350 and sells it for ₹2440. What is the profit (in ₹)?
  15. 15.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1660. What is the loss (in ₹)?
  16. 16.What is 90% of 580?
  17. 17.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 4 years (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹20 to ₹30. What is the percentage increase?
  19. 19.The price of a bus pass changed from ₹200 to ₹210. What is the percentage increase?
  20. 20.A mobile phone bought for ₹1800 is sold for ₹1980. What is the profit per cent?
  21. 21.What is 75% of 380?
  22. 22.The price of a pair of shoes changed from ₹250 to ₹100. What is the percentage decrease?
  23. 23.What is 90% of 920?
  24. 24.What is 10% of 680?
  25. 25.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  26. 26.What is 35% of 340?
  27. 27.What is the simple interest on ₹2000 at 12% per year for 1 year (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 5 years (in ₹)?
  29. 29.What is 40% of 340?
  30. 30.The price of a school bag changed from ₹80 to ₹100. What is the percentage increase?
  31. 31.A shopkeeper buys a fan for ₹450 and sells it for ₹330. What is the loss (in ₹)?
  32. 32.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a table for ₹1250 and sells it for ₹1380. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹7700 at 3% per year for 1 year (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹1850. What is the loss (in ₹)?
  36. 36.What is 10% of 500?
  37. 37.A fan bought for ₹1700 is sold for ₹1190. What is the loss per cent?
  38. 38.A shopkeeper buys a watch for ₹2450 and sells it for ₹2390. What is the loss (in ₹)?
  39. 39.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1980. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a watch for ₹950 and sells it for ₹850. What is the loss (in ₹)?

Answer key

  1. 50
  2. 2006
  3. 26
  4. 1320
  5. 240
  6. 2475
  7. 140
  8. 1197
  9. 1080
  10. 230
  11. 11
  12. 213
  13. 150
  14. 90
  15. 240
  16. 522
  17. 2552
  18. 50
  19. 5
  20. 10
  21. 285
  22. 60
  23. 828
  24. 68
  25. 80
  26. 119
  27. 240
  28. 2080
  29. 136
  30. 25
  31. 120
  32. 390
  33. 130
  34. 231
  35. 200
  36. 50
  37. 30
  38. 60
  39. 130
  40. 100

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