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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 108 · 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 ₹60. What is the percentage decrease?
  2. 2.The price of a cricket ball changed from ₹500 to ₹50. What is the percentage decrease?
  3. 3.What is 20% of 200?
  4. 4.A cooler bought for ₹1000 is sold for ₹1150. What is the profit per cent?
  5. 5.What is the simple interest on ₹1300 at 3% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a fan for ₹800 and sells it for ₹520. What is the loss (in ₹)?
  7. 7.A cycle bought for ₹1400 is sold for ₹1750. What is the profit per cent?
  8. 8.A fan bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  9. 9.A shopkeeper buys a watch for ₹1550 and sells it for ₹1270. What is the loss (in ₹)?
  10. 10.The price of a water bottle changed from ₹40 to ₹56. What is the percentage increase?
  11. 11.What is the amount (principal + simple interest) on ₹8200 at 12% per year for 1 year (in ₹)?
  12. 12.A mobile phone costs ₹1200. It is sold at a 30% loss. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹2800 at 9% per year for 4 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹8500 at 9% per year for 2 years (in ₹)?
  15. 15.What is 70% of 980?
  16. 16.The price of a school bag changed from ₹400 to ₹600. What is the percentage increase?
  17. 17.What is 70% of 680?
  18. 18.What is the amount (principal + simple interest) on ₹9100 at 10% per year for 3 years (in ₹)?
  19. 19.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2300. What is the profit (in ₹)?
  20. 20.A table bought for ₹1400 is sold for ₹1540. What is the profit per cent?
  21. 21.What is the amount (principal + simple interest) on ₹4000 at 5% per year for 3 years (in ₹)?
  22. 22.What is the simple interest on ₹1200 at 7% per year for 1 year (in ₹)?
  23. 23.The price of a water bottle changed from ₹500 to ₹350. What is the percentage decrease?
  24. 24.A shopkeeper buys a fan for ₹1250 and sells it for ₹1300. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹4700 at 9% per year for 4 years (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1600. What is the profit (in ₹)?
  27. 27.What is 95% of 460?
  28. 28.What is 80% of 880?
  29. 29.A shopkeeper buys a fan for ₹1900 and sells it for ₹2030. What is the profit (in ₹)?
  30. 30.What is 25% of 820?
  31. 31.What is the simple interest on ₹1900 at 6% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1700. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1350. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹9200 at 10% per year for 1 year (in ₹)?
  35. 35.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹360. What is the loss (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5200 at 9% per year for 4 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹2600 at 9% per year for 2 years (in ₹)?
  38. 38.A shopkeeper buys a fan for ₹1600 and sells it for ₹1450. What is the loss (in ₹)?
  39. 39.A shopkeeper buys a table for ₹2700 and sells it for ₹2870. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹9100 at 4% per year for 5 years (in ₹)?

Answer key

  1. 25
  2. 90
  3. 40
  4. 15
  5. 117
  6. 280
  7. 25
  8. 5
  9. 280
  10. 40
  11. 9184
  12. 840
  13. 3808
  14. 10030
  15. 686
  16. 50
  17. 476
  18. 11830
  19. 250
  20. 10
  21. 4600
  22. 84
  23. 30
  24. 50
  25. 1692
  26. 300
  27. 437
  28. 704
  29. 130
  30. 205
  31. 570
  32. 250
  33. 250
  34. 920
  35. 190
  36. 7072
  37. 3068
  38. 150
  39. 170
  40. 10920

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