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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 16 · 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 mobile phone costs ₹1700. It is sold at a 30% loss. What is the selling price (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹200 to ₹50. What is the percentage decrease?
  3. 3.A shopkeeper buys a watch for ₹1250 and sells it for ₹1120. What is the loss (in ₹)?
  4. 4.What is 90% of 480?
  5. 5.A cricket kit bought for ₹300 is sold for ₹180. What is the loss per cent?
  6. 6.The price of a bus pass changed from ₹40 to ₹64. What is the percentage increase?
  7. 7.A table costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
  8. 8.A watch bought for ₹2300 is sold for ₹2415. What is the profit per cent?
  9. 9.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
  10. 10.A cricket kit costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹6300 at 10% per year for 1 year (in ₹)?
  12. 12.The price of a box of mangoes changed from ₹40 to ₹76. What is the percentage increase?
  13. 13.What is the amount (principal + simple interest) on ₹9300 at 10% per year for 1 year (in ₹)?
  14. 14.What is the simple interest on ₹8000 at 6% per year for 4 years (in ₹)?
  15. 15.What is the simple interest on ₹9200 at 12% per year for 4 years (in ₹)?
  16. 16.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
  17. 17.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2950. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹850 and sells it for ₹1030. What is the profit (in ₹)?
  19. 19.What is 80% of 740?
  20. 20.What is the simple interest on ₹5500 at 6% per year for 1 year (in ₹)?
  21. 21.A cycle bought for ₹1600 is sold for ₹1680. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹4900 at 10% per year for 1 year (in ₹)?
  23. 23.A watch costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
  24. 24.A cycle bought for ₹2300 is sold for ₹1150. What is the loss per cent?
  25. 25.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹980. What is the profit (in ₹)?
  26. 26.What is the simple interest on ₹8300 at 3% per year for 4 years (in ₹)?
  27. 27.What is the simple interest on ₹9300 at 3% per year for 4 years (in ₹)?
  28. 28.A cricket kit bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  29. 29.A cycle costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹4200 at 4% per year for 1 year (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹400 to ₹160. What is the percentage decrease?
  32. 32.A shopkeeper buys a fan for ₹700 and sells it for ₹610. What is the loss (in ₹)?
  33. 33.What is 85% of 180?
  34. 34.What is 10% of 880?
  35. 35.What is 5% of 960?
  36. 36.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  37. 37.A fan costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹190. What is the loss (in ₹)?
  39. 39.What is 85% of 1000?
  40. 40.What is the simple interest on ₹9900 at 3% per year for 1 year (in ₹)?

Answer key

  1. 1190
  2. 75
  3. 130
  4. 432
  5. 40
  6. 60
  7. 2450
  8. 5
  9. 50
  10. 3450
  11. 630
  12. 90
  13. 10230
  14. 1920
  15. 4416
  16. 30
  17. 50
  18. 180
  19. 592
  20. 330
  21. 5
  22. 5390
  23. 980
  24. 50
  25. 30
  26. 996
  27. 1116
  28. 20
  29. 300
  30. 4368
  31. 60
  32. 90
  33. 153
  34. 88
  35. 48
  36. 40
  37. 2000
  38. 60
  39. 850
  40. 297

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