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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 235 · 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.What is 80% of 40?
  2. 2.The price of a water bottle changed from ₹500 to ₹525. What is the percentage increase?
  3. 3.The price of a box of mangoes changed from ₹400 to ₹280. What is the percentage decrease?
  4. 4.What is 35% of 460?
  5. 5.What is the simple interest on ₹4700 at 5% per year for 1 year (in ₹)?
  6. 6.A sewing machine costs ₹2200. It is sold at a 20% profit. What is the selling price (in ₹)?
  7. 7.A watch bought for ₹500 is sold for ₹550. What is the profit per cent?
  8. 8.A shopkeeper buys a watch for ₹850 and sells it for ₹960. What is the profit (in ₹)?
  9. 9.The price of a bus pass changed from ₹20 to ₹28. What is the percentage increase?
  10. 10.A cooler costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
  11. 11.A cycle bought for ₹600 is sold for ₹720. What is the profit per cent?
  12. 12.The price of a bus pass changed from ₹500 to ₹300. What is the percentage decrease?
  13. 13.The price of a school bag changed from ₹20 to ₹22. What is the percentage increase?
  14. 14.What is the amount (principal + simple interest) on ₹4800 at 8% per year for 1 year (in ₹)?
  15. 15.The price of a pair of shoes changed from ₹200 to ₹380. What is the percentage increase?
  16. 16.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 1 year (in ₹)?
  17. 17.A sewing machine bought for ₹600 is sold for ₹510. What is the loss per cent?
  18. 18.The price of a cricket ball changed from ₹400 to ₹560. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹5900 at 3% per year for 3 years (in ₹)?
  20. 20.What is 85% of 400?
  21. 21.A cooler bought for ₹500 is sold for ₹700. What is the profit per cent?
  22. 22.What is the simple interest on ₹3400 at 5% per year for 5 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2100 at 6% per year for 4 years (in ₹)?
  24. 24.What is 65% of 260?
  25. 25.What is the amount (principal + simple interest) on ₹500 at 2% per year for 2 years (in ₹)?
  26. 26.The price of a cricket ball changed from ₹40 to ₹8. What is the percentage decrease?
  27. 27.A cycle costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹1270. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹1500 at 8% per year for 4 years (in ₹)?
  30. 30.The price of a bus pass changed from ₹40 to ₹48. What is the percentage increase?
  31. 31.A cycle bought for ₹2600 is sold for ₹2340. What is the loss per cent?
  32. 32.A cooler costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 4 years (in ₹)?
  34. 34.What is the simple interest on ₹5900 at 7% per year for 1 year (in ₹)?
  35. 35.A cycle costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
  36. 36.A fan costs ₹2100. It is sold at a 25% loss. What is the selling price (in ₹)?
  37. 37.The price of a cricket ball changed from ₹250 to ₹25. What is the percentage decrease?
  38. 38.A table costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹6300 at 2% per year for 1 year (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹5300 at 4% per year for 4 years (in ₹)?

Answer key

  1. 32
  2. 5
  3. 30
  4. 161
  5. 235
  6. 2640
  7. 10
  8. 110
  9. 40
  10. 1440
  11. 20
  12. 40
  13. 10
  14. 5184
  15. 90
  16. 9116
  17. 15
  18. 40
  19. 6431
  20. 340
  21. 40
  22. 850
  23. 2604
  24. 169
  25. 520
  26. 80
  27. 3520
  28. 220
  29. 480
  30. 20
  31. 10
  32. 1080
  33. 2160
  34. 413
  35. 4290
  36. 1575
  37. 90
  38. 2775
  39. 6426
  40. 6148

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