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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 121 · 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 fan bought for ₹700 is sold for ₹560. What is the loss per cent?
  2. 2.What is the amount (principal + simple interest) on ₹9800 at 6% per year for 4 years (in ₹)?
  3. 3.The price of a school bag changed from ₹40 to ₹70. What is the percentage increase?
  4. 4.What is the simple interest on ₹8100 at 2% per year for 2 years (in ₹)?
  5. 5.What is 45% of 320?
  6. 6.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2500. What is the loss (in ₹)?
  7. 7.What is 85% of 260?
  8. 8.A shopkeeper buys a cycle for ₹900 and sells it for ₹800. What is the loss (in ₹)?
  9. 9.A fan costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
  10. 10.What is the simple interest on ₹1000 at 7% per year for 1 year (in ₹)?
  11. 11.What is 75% of 880?
  12. 12.What is 65% of 260?
  13. 13.A sewing machine costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  14. 14.A mobile phone costs ₹3800. It is sold at a 30% profit. What is the selling price (in ₹)?
  15. 15.A table costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
  16. 16.A cricket kit bought for ₹3600 is sold for ₹4500. What is the profit per cent?
  17. 17.What is the simple interest on ₹1400 at 6% per year for 5 years (in ₹)?
  18. 18.The price of a school bag changed from ₹40 to ₹24. What is the percentage decrease?
  19. 19.A cricket kit bought for ₹2700 is sold for ₹2970. What is the profit per cent?
  20. 20.What is the amount (principal + simple interest) on ₹9300 at 7% per year for 1 year (in ₹)?
  21. 21.A shopkeeper buys a table for ₹1700 and sells it for ₹1490. What is the loss (in ₹)?
  22. 22.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
  23. 23.The price of a pair of shoes changed from ₹500 to ₹200. What is the percentage decrease?
  24. 24.The price of a bus pass changed from ₹500 to ₹495. What is the percentage decrease?
  25. 25.A watch costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
  26. 26.The price of a bus pass changed from ₹400 to ₹100. What is the percentage decrease?
  27. 27.What is the amount (principal + simple interest) on ₹2800 at 10% per year for 4 years (in ₹)?
  28. 28.What is the simple interest on ₹7700 at 11% per year for 2 years (in ₹)?
  29. 29.What is the simple interest on ₹8200 at 7% per year for 3 years (in ₹)?
  30. 30.A table bought for ₹2700 is sold for ₹3510. What is the profit per cent?
  31. 31.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 5 years (in ₹)?
  32. 32.The price of a cricket ball changed from ₹250 to ₹325. What is the percentage increase?
  33. 33.What is 25% of 540?
  34. 34.What is the amount (principal + simple interest) on ₹7900 at 9% per year for 2 years (in ₹)?
  35. 35.A table costs ₹3200. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹4300 at 6% per year for 4 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹7600 at 12% per year for 5 years (in ₹)?
  38. 38.What is 80% of 520?
  39. 39.A cycle bought for ₹900 is sold for ₹810. What is the loss per cent?
  40. 40.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹740. What is the loss (in ₹)?

Answer key

  1. 20
  2. 12152
  3. 75
  4. 324
  5. 144
  6. 50
  7. 221
  8. 100
  9. 1320
  10. 70
  11. 660
  12. 169
  13. 1000
  14. 4940
  15. 3630
  16. 25
  17. 420
  18. 40
  19. 10
  20. 9951
  21. 210
  22. 80
  23. 60
  24. 1
  25. 3255
  26. 75
  27. 3920
  28. 1694
  29. 1722
  30. 30
  31. 13095
  32. 30
  33. 135
  34. 9322
  35. 2400
  36. 1032
  37. 12160
  38. 416
  39. 10
  40. 10

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