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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 189 · 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 ₹300 is sold for ₹255. What is the loss per cent?
  2. 2.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  3. 3.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 2 years (in ₹)?
  4. 4.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹940. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹1000 at 7% per year for 5 years (in ₹)?
  6. 6.What is 30% of 120?
  7. 7.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹810. What is the profit (in ₹)?
  8. 8.A shopkeeper buys a watch for ₹500 and sells it for ₹770. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹6000 at 3% per year for 3 years (in ₹)?
  10. 10.The price of a school bag changed from ₹40 to ₹20. What is the percentage decrease?
  11. 11.A watch bought for ₹2300 is sold for ₹2185. What is the loss per cent?
  12. 12.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹910. What is the loss (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 1 year (in ₹)?
  14. 14.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹220. What is the profit (in ₹)?
  15. 15.What is 20% of 480?
  16. 16.What is 80% of 580?
  17. 17.What is the simple interest on ₹4300 at 3% per year for 5 years (in ₹)?
  18. 18.What is the simple interest on ₹1100 at 7% per year for 2 years (in ₹)?
  19. 19.The price of a water bottle changed from ₹400 to ₹408. What is the percentage increase?
  20. 20.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 4 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹3300 at 11% per year for 3 years (in ₹)?
  22. 22.A fan bought for ₹1600 is sold for ₹1440. What is the loss per cent?
  23. 23.The price of a box of mangoes changed from ₹40 to ₹36. What is the percentage decrease?
  24. 24.What is 40% of 940?
  25. 25.What is the amount (principal + simple interest) on ₹3200 at 5% per year for 2 years (in ₹)?
  26. 26.What is 10% of 460?
  27. 27.What is the simple interest on ₹9100 at 6% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a cycle for ₹2450 and sells it for ₹2460. What is the profit (in ₹)?
  29. 29.A cricket kit bought for ₹1000 is sold for ₹800. What is the loss per cent?
  30. 30.A table costs ₹3100. It is sold at a 25% loss. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1800. What is the loss (in ₹)?
  32. 32.What is 40% of 360?
  33. 33.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 2 years (in ₹)?
  34. 34.A shopkeeper buys a table for ₹300 and sells it for ₹110. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹2850 and sells it for ₹2580. What is the loss (in ₹)?
  36. 36.What is the simple interest on ₹6600 at 8% per year for 3 years (in ₹)?
  37. 37.A fan costs ₹1800. It is sold at a 5% profit. What is the selling price (in ₹)?
  38. 38.The price of a school bag changed from ₹100 to ₹190. What is the percentage increase?
  39. 39.What is 60% of 920?
  40. 40.A cricket kit bought for ₹2500 is sold for ₹2875. What is the profit per cent?

Answer key

  1. 15
  2. 40
  3. 8784
  4. 240
  5. 1350
  6. 36
  7. 210
  8. 270
  9. 540
  10. 50
  11. 5
  12. 190
  13. 3811
  14. 20
  15. 96
  16. 464
  17. 645
  18. 154
  19. 2
  20. 3132
  21. 4389
  22. 10
  23. 10
  24. 376
  25. 3520
  26. 46
  27. 546
  28. 10
  29. 20
  30. 2325
  31. 200
  32. 144
  33. 7480
  34. 190
  35. 270
  36. 1584
  37. 1890
  38. 90
  39. 552
  40. 15

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