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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 209 · 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 school bag changed from ₹500 to ₹700. What is the percentage increase?
  2. 2.What is the simple interest on ₹7000 at 11% per year for 3 years (in ₹)?
  3. 3.The price of a box of mangoes changed from ₹500 to ₹50. What is the percentage decrease?
  4. 4.What is the amount (principal + simple interest) on ₹8900 at 7% per year for 4 years (in ₹)?
  5. 5.What is the simple interest on ₹8900 at 2% per year for 1 year (in ₹)?
  6. 6.A mobile phone costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2280. What is the loss (in ₹)?
  8. 8.What is 90% of 720?
  9. 9.What is the simple interest on ₹10000 at 3% per year for 4 years (in ₹)?
  10. 10.A cycle costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹700 at 8% per year for 5 years (in ₹)?
  12. 12.A cycle costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
  13. 13.A mobile phone costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹7700 at 7% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹8300 at 11% per year for 1 year (in ₹)?
  16. 16.What is 55% of 220?
  17. 17.A shopkeeper buys a cycle for ₹600 and sells it for ₹490. What is the loss (in ₹)?
  18. 18.What is 85% of 300?
  19. 19.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1640. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹800 at 3% per year for 3 years (in ₹)?
  21. 21.The price of a school bag changed from ₹400 to ₹320. What is the percentage decrease?
  22. 22.What is 25% of 580?
  23. 23.What is the amount (principal + simple interest) on ₹6900 at 4% per year for 1 year (in ₹)?
  24. 24.The price of a cricket ball changed from ₹200 to ₹20. What is the percentage decrease?
  25. 25.A cooler costs ₹1500. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1650. What is the profit (in ₹)?
  27. 27.A cricket kit bought for ₹500 is sold for ₹550. What is the profit per cent?
  28. 28.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹3090. What is the profit (in ₹)?
  29. 29.A cycle bought for ₹1000 is sold for ₹750. What is the loss per cent?
  30. 30.What is 30% of 960?
  31. 31.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 3 years (in ₹)?
  32. 32.What is the simple interest on ₹500 at 4% per year for 3 years (in ₹)?
  33. 33.What is 20% of 780?
  34. 34.A cricket kit costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
  35. 35.A fan bought for ₹3700 is sold for ₹1850. What is the loss per cent?
  36. 36.A mobile phone costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
  37. 37.What is 90% of 1000?
  38. 38.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  39. 39.What is 45% of 400?
  40. 40.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 2 years (in ₹)?

Answer key

  1. 40
  2. 2310
  3. 90
  4. 11392
  5. 178
  6. 1650
  7. 220
  8. 648
  9. 1200
  10. 2475
  11. 280
  12. 1440
  13. 1750
  14. 1078
  15. 913
  16. 121
  17. 110
  18. 255
  19. 190
  20. 872
  21. 20
  22. 145
  23. 7176
  24. 90
  25. 1425
  26. 50
  27. 10
  28. 140
  29. 25
  30. 288
  31. 11176
  32. 60
  33. 156
  34. 360
  35. 50
  36. 1170
  37. 900
  38. 20
  39. 180
  40. 1824

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