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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 157 · 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 the simple interest on ₹800 at 12% per year for 5 years (in ₹)?
  2. 2.A cricket kit bought for ₹400 is sold for ₹420. What is the profit per cent?
  3. 3.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
  4. 4.The price of a cricket ball changed from ₹40 to ₹56. What is the percentage increase?
  5. 5.The price of a box of mangoes changed from ₹80 to ₹88. What is the percentage increase?
  6. 6.What is the simple interest on ₹4700 at 5% per year for 4 years (in ₹)?
  7. 7.What is 55% of 120?
  8. 8.The price of a box of mangoes changed from ₹500 to ₹700. What is the percentage increase?
  9. 9.What is 40% of 680?
  10. 10.What is the amount (principal + simple interest) on ₹600 at 4% per year for 1 year (in ₹)?
  11. 11.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
  12. 12.What is 60% of 700?
  13. 13.What is 5% of 960?
  14. 14.A shopkeeper buys a table for ₹2100 and sells it for ₹1940. What is the loss (in ₹)?
  15. 15.A sewing machine bought for ₹2000 is sold for ₹1500. What is the loss per cent?
  16. 16.A shopkeeper buys a cycle for ₹1050 and sells it for ₹810. What is the loss (in ₹)?
  17. 17.A cooler bought for ₹3800 is sold for ₹3344. What is the loss per cent?
  18. 18.A cricket kit bought for ₹600 is sold for ₹450. What is the loss per cent?
  19. 19.What is 60% of 680?
  20. 20.What is the simple interest on ₹5800 at 6% per year for 2 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 1 year (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹1100 at 11% per year for 4 years (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
  24. 24.What is the simple interest on ₹10000 at 5% per year for 1 year (in ₹)?
  25. 25.A fan costs ₹4000. It is sold at a 5% profit. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹490. What is the profit (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹1000 at 8% per year for 4 years (in ₹)?
  28. 28.The price of a school bag changed from ₹250 to ₹50. What is the percentage decrease?
  29. 29.What is the simple interest on ₹4100 at 11% per year for 1 year (in ₹)?
  30. 30.A shopkeeper buys a table for ₹450 and sells it for ₹600. What is the profit (in ₹)?
  31. 31.The price of a cricket ball changed from ₹400 to ₹280. What is the percentage decrease?
  32. 32.A cycle costs ₹3200. It is sold at a 5% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹4100 at 9% per year for 2 years (in ₹)?
  34. 34.What is the simple interest on ₹9000 at 4% per year for 2 years (in ₹)?
  35. 35.What is the simple interest on ₹5800 at 9% per year for 1 year (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 5 years (in ₹)?
  37. 37.A sewing machine bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  38. 38.A shopkeeper buys a cooler for ₹750 and sells it for ₹1040. What is the profit (in ₹)?
  39. 39.What is 55% of 780?
  40. 40.A table bought for ₹1000 is sold for ₹600. What is the loss per cent?

Answer key

  1. 480
  2. 5
  3. 60
  4. 40
  5. 10
  6. 940
  7. 66
  8. 40
  9. 272
  10. 624
  11. 60
  12. 420
  13. 48
  14. 160
  15. 25
  16. 240
  17. 12
  18. 25
  19. 408
  20. 696
  21. 1120
  22. 1584
  23. 60
  24. 500
  25. 4200
  26. 140
  27. 1320
  28. 80
  29. 451
  30. 150
  31. 30
  32. 3360
  33. 738
  34. 720
  35. 522
  36. 5640
  37. 12
  38. 290
  39. 429
  40. 40

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