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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 200 · 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 water bottle changed from ₹20 to ₹35. What is the percentage increase?
  2. 2.What is 95% of 680?
  3. 3.A shopkeeper buys a cycle for ₹750 and sells it for ₹760. What is the profit (in ₹)?
  4. 4.What is 15% of 600?
  5. 5.A shopkeeper buys a table for ₹1650 and sells it for ₹1440. What is the loss (in ₹)?
  6. 6.The price of a cricket ball changed from ₹100 to ₹40. What is the percentage decrease?
  7. 7.What is 15% of 680?
  8. 8.The price of a pair of shoes changed from ₹50 to ₹10. What is the percentage decrease?
  9. 9.A mobile phone costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.What is the simple interest on ₹4100 at 2% per year for 2 years (in ₹)?
  11. 11.What is 55% of 280?
  12. 12.A watch bought for ₹2800 is sold for ₹1400. What is the loss per cent?
  13. 13.A cricket kit bought for ₹400 is sold for ₹280. What is the loss per cent?
  14. 14.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 1 year (in ₹)?
  15. 15.A shopkeeper buys a watch for ₹950 and sells it for ₹920. What is the loss (in ₹)?
  16. 16.A cycle bought for ₹1500 is sold for ₹1680. What is the profit per cent?
  17. 17.A cricket kit bought for ₹300 is sold for ₹180. What is the loss per cent?
  18. 18.What is the amount (principal + simple interest) on ₹4700 at 11% per year for 1 year (in ₹)?
  19. 19.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
  20. 20.A shopkeeper buys a fan for ₹1000 and sells it for ₹880. What is the loss (in ₹)?
  21. 21.What is 55% of 720?
  22. 22.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1560. What is the loss (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹400 to ₹408. What is the percentage increase?
  24. 24.A sewing machine bought for ₹200 is sold for ₹250. What is the profit per cent?
  25. 25.What is 45% of 580?
  26. 26.A shopkeeper buys a table for ₹2250 and sells it for ₹2200. What is the loss (in ₹)?
  27. 27.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
  28. 28.What is the simple interest on ₹6900 at 7% per year for 1 year (in ₹)?
  29. 29.What is the simple interest on ₹1700 at 11% per year for 3 years (in ₹)?
  30. 30.The price of a school bag changed from ₹50 to ₹40. What is the percentage decrease?
  31. 31.What is 95% of 140?
  32. 32.What is the amount (principal + simple interest) on ₹3000 at 11% per year for 5 years (in ₹)?
  33. 33.What is 45% of 960?
  34. 34.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2140. What is the profit (in ₹)?
  35. 35.A shopkeeper buys a cooler for ₹600 and sells it for ₹490. What is the loss (in ₹)?
  36. 36.What is the simple interest on ₹7100 at 10% per year for 3 years (in ₹)?
  37. 37.The price of a school bag changed from ₹500 to ₹800. What is the percentage increase?
  38. 38.What is 15% of 960?
  39. 39.A cooler bought for ₹1000 is sold for ₹1250. What is the profit per cent?
  40. 40.What is 25% of 840?

Answer key

  1. 75
  2. 646
  3. 10
  4. 90
  5. 210
  6. 60
  7. 102
  8. 80
  9. 1344
  10. 164
  11. 154
  12. 50
  13. 30
  14. 10094
  15. 30
  16. 12
  17. 40
  18. 5217
  19. 10
  20. 120
  21. 396
  22. 40
  23. 2
  24. 25
  25. 261
  26. 50
  27. 10
  28. 483
  29. 561
  30. 20
  31. 133
  32. 4650
  33. 432
  34. 40
  35. 110
  36. 2130
  37. 60
  38. 144
  39. 25
  40. 210

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