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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 223 · 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 cricket ball changed from ₹50 to ₹25. What is the percentage decrease?
  2. 2.A fan bought for ₹1000 is sold for ₹850. What is the loss per cent?
  3. 3.What is the simple interest on ₹1000 at 3% per year for 5 years (in ₹)?
  4. 4.What is 65% of 220?
  5. 5.What is the amount (principal + simple interest) on ₹2400 at 10% per year for 1 year (in ₹)?
  6. 6.What is 65% of 740?
  7. 7.What is 80% of 840?
  8. 8.What is the simple interest on ₹9300 at 6% per year for 5 years (in ₹)?
  9. 9.What is 25% of 420?
  10. 10.What is the simple interest on ₹8800 at 2% per year for 5 years (in ₹)?
  11. 11.A cricket kit costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
  12. 12.A table bought for ₹300 is sold for ₹315. What is the profit per cent?
  13. 13.What is the simple interest on ₹8000 at 6% per year for 2 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹5000 at 2% per year for 3 years (in ₹)?
  15. 15.What is the simple interest on ₹7300 at 12% per year for 1 year (in ₹)?
  16. 16.The price of a school bag changed from ₹40 to ₹60. What is the percentage increase?
  17. 17.A cooler costs ₹2600. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹4900 at 9% per year for 1 year (in ₹)?
  19. 19.A mobile phone costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
  20. 20.The price of a school bag changed from ₹40 to ₹52. What is the percentage increase?
  21. 21.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  22. 22.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
  23. 23.A cycle costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  24. 24.The price of a pair of shoes changed from ₹80 to ₹112. What is the percentage increase?
  25. 25.A cooler costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.A fan costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹9200 at 6% per year for 2 years (in ₹)?
  28. 28.A cycle bought for ₹2800 is sold for ₹3220. What is the profit per cent?
  29. 29.A cricket kit bought for ₹2900 is sold for ₹2465. What is the loss per cent?
  30. 30.What is the simple interest on ₹2500 at 8% per year for 5 years (in ₹)?
  31. 31.A cooler costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹720. What is the loss (in ₹)?
  33. 33.What is 95% of 220?
  34. 34.What is the simple interest on ₹9000 at 5% per year for 4 years (in ₹)?
  35. 35.What is the simple interest on ₹2900 at 7% per year for 1 year (in ₹)?
  36. 36.A cricket kit costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹6900 at 6% per year for 4 years (in ₹)?
  38. 38.What is 60% of 200?
  39. 39.What is the simple interest on ₹9100 at 5% per year for 5 years (in ₹)?
  40. 40.A table bought for ₹300 is sold for ₹420. What is the profit per cent?

Answer key

  1. 50
  2. 15
  3. 150
  4. 143
  5. 2640
  6. 481
  7. 672
  8. 2790
  9. 105
  10. 880
  11. 1760
  12. 5
  13. 960
  14. 5300
  15. 876
  16. 50
  17. 3380
  18. 5341
  19. 420
  20. 30
  21. 60
  22. 80
  23. 630
  24. 40
  25. 3800
  26. 1330
  27. 1104
  28. 15
  29. 15
  30. 1000
  31. 3600
  32. 230
  33. 209
  34. 1800
  35. 203
  36. 1650
  37. 1656
  38. 120
  39. 2275
  40. 40

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