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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 196 · 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 box of mangoes changed from ₹20 to ₹16. What is the percentage decrease?
  2. 2.The price of a bus pass changed from ₹250 to ₹200. What is the percentage decrease?
  3. 3.A mobile phone costs ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
  4. 4.What is 90% of 620?
  5. 5.What is 65% of 640?
  6. 6.What is the simple interest on ₹6600 at 12% per year for 1 year (in ₹)?
  7. 7.What is the simple interest on ₹2300 at 2% per year for 4 years (in ₹)?
  8. 8.A cooler bought for ₹3900 is sold for ₹4875. What is the profit per cent?
  9. 9.A shopkeeper buys a fan for ₹850 and sells it for ₹1060. What is the profit (in ₹)?
  10. 10.The price of a school bag changed from ₹200 to ₹260. What is the percentage increase?
  11. 11.What is the simple interest on ₹7700 at 10% per year for 2 years (in ₹)?
  12. 12.A shopkeeper buys a cycle for ₹2200 and sells it for ₹2300. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
  14. 14.A cooler costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
  15. 15.A sewing machine costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹2200 at 3% per year for 4 years (in ₹)?
  17. 17.What is 95% of 660?
  18. 18.What is the amount (principal + simple interest) on ₹4900 at 7% per year for 2 years (in ₹)?
  19. 19.A cycle costs ₹200. It is sold at a 30% profit. What is the selling price (in ₹)?
  20. 20.What is 65% of 220?
  21. 21.What is 80% of 260?
  22. 22.What is 95% of 540?
  23. 23.What is the amount (principal + simple interest) on ₹7300 at 6% per year for 1 year (in ₹)?
  24. 24.What is 90% of 120?
  25. 25.What is the amount (principal + simple interest) on ₹500 at 10% per year for 3 years (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹700 and sells it for ₹540. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹2300 at 3% per year for 5 years (in ₹)?
  28. 28.What is the simple interest on ₹9400 at 3% per year for 1 year (in ₹)?
  29. 29.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹670. What is the loss (in ₹)?
  30. 30.A watch costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  32. 32.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2780. What is the profit (in ₹)?
  33. 33.What is the simple interest on ₹7200 at 5% per year for 3 years (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹900 and sells it for ₹1120. What is the profit (in ₹)?
  35. 35.A mobile phone costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹2000 at 11% per year for 4 years (in ₹)?
  37. 37.A shopkeeper buys a table for ₹950 and sells it for ₹1230. What is the profit (in ₹)?
  38. 38.A watch bought for ₹2200 is sold for ₹2530. What is the profit per cent?
  39. 39.What is 65% of 260?
  40. 40.A cooler costs ₹3700. It is sold at a 5% profit. What is the selling price (in ₹)?

Answer key

  1. 20
  2. 20
  3. 250
  4. 558
  5. 416
  6. 792
  7. 184
  8. 25
  9. 210
  10. 30
  11. 1540
  12. 100
  13. 30
  14. 875
  15. 3000
  16. 264
  17. 627
  18. 5586
  19. 260
  20. 143
  21. 208
  22. 513
  23. 7738
  24. 108
  25. 650
  26. 160
  27. 345
  28. 282
  29. 80
  30. 880
  31. 20
  32. 280
  33. 1080
  34. 220
  35. 704
  36. 880
  37. 280
  38. 15
  39. 169
  40. 3885

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