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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 256 · 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 60% of 900?
  2. 2.What is the amount (principal + simple interest) on ₹1600 at 4% per year for 5 years (in ₹)?
  3. 3.What is the simple interest on ₹6900 at 6% per year for 5 years (in ₹)?
  4. 4.What is 35% of 80?
  5. 5.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  6. 6.The price of a water bottle changed from ₹500 to ₹495. What is the percentage decrease?
  7. 7.The price of a school bag changed from ₹50 to ₹20. What is the percentage decrease?
  8. 8.What is the simple interest on ₹2200 at 12% per year for 2 years (in ₹)?
  9. 9.The price of a bus pass changed from ₹100 to ₹190. What is the percentage increase?
  10. 10.What is 15% of 280?
  11. 11.The price of a bus pass changed from ₹40 to ₹4. What is the percentage decrease?
  12. 12.A cooler bought for ₹400 is sold for ₹280. What is the loss per cent?
  13. 13.What is the simple interest on ₹2900 at 7% per year for 5 years (in ₹)?
  14. 14.A cricket kit bought for ₹700 is sold for ₹665. What is the loss per cent?
  15. 15.What is 40% of 80?
  16. 16.What is the simple interest on ₹1200 at 5% per year for 2 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹800 at 3% per year for 3 years (in ₹)?
  18. 18.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1030. What is the loss (in ₹)?
  19. 19.The price of a cricket ball changed from ₹20 to ₹2. What is the percentage decrease?
  20. 20.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹950. What is the profit (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹700 at 7% per year for 5 years (in ₹)?
  22. 22.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹760. What is the loss (in ₹)?
  23. 23.A cooler bought for ₹1400 is sold for ₹1190. What is the loss per cent?
  24. 24.What is the simple interest on ₹9600 at 10% per year for 3 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹8100 at 4% per year for 1 year (in ₹)?
  26. 26.What is the simple interest on ₹4300 at 10% per year for 4 years (in ₹)?
  27. 27.The price of a bus pass changed from ₹200 to ₹198. What is the percentage decrease?
  28. 28.What is 40% of 640?
  29. 29.A cricket kit bought for ₹1000 is sold for ₹1120. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹1100 at 12% per year for 4 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹1100 at 5% per year for 3 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 5 years (in ₹)?
  33. 33.The price of a cricket ball changed from ₹20 to ₹28. What is the percentage increase?
  34. 34.A fan bought for ₹3200 is sold for ₹4800. What is the profit per cent?
  35. 35.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
  36. 36.A cooler costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 1 year (in ₹)?
  38. 38.What is the simple interest on ₹4700 at 8% per year for 2 years (in ₹)?
  39. 39.What is 75% of 760?
  40. 40.The price of a school bag changed from ₹100 to ₹60. What is the percentage decrease?

Answer key

  1. 540
  2. 1920
  3. 2070
  4. 28
  5. 60
  6. 1
  7. 60
  8. 528
  9. 90
  10. 42
  11. 90
  12. 30
  13. 1015
  14. 5
  15. 32
  16. 120
  17. 872
  18. 70
  19. 90
  20. 250
  21. 945
  22. 190
  23. 15
  24. 2880
  25. 8424
  26. 1720
  27. 1
  28. 256
  29. 12
  30. 1628
  31. 1265
  32. 6600
  33. 40
  34. 50
  35. 40
  36. 1440
  37. 1456
  38. 752
  39. 570
  40. 40

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