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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 279 · 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 ₹475. What is the percentage decrease?
  2. 2.A sewing machine bought for ₹300 is sold for ₹210. What is the loss per cent?
  3. 3.What is the simple interest on ₹3200 at 4% per year for 1 year (in ₹)?
  4. 4.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
  5. 5.What is the amount (principal + simple interest) on ₹7900 at 12% per year for 1 year (in ₹)?
  6. 6.What is 10% of 360?
  7. 7.What is the simple interest on ₹9000 at 4% per year for 2 years (in ₹)?
  8. 8.What is 30% of 560?
  9. 9.What is the simple interest on ₹2400 at 10% per year for 4 years (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹870. What is the profit (in ₹)?
  11. 11.The price of a water bottle changed from ₹250 to ₹175. What is the percentage decrease?
  12. 12.A cycle bought for ₹1500 is sold for ₹1800. What is the profit per cent?
  13. 13.What is the simple interest on ₹8100 at 11% per year for 1 year (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹8400 at 3% per year for 4 years (in ₹)?
  15. 15.A mobile phone bought for ₹600 is sold for ₹900. What is the profit per cent?
  16. 16.A table bought for ₹3000 is sold for ₹2700. What is the loss per cent?
  17. 17.What is 5% of 180?
  18. 18.A table costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹4900 at 12% per year for 2 years (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹400 to ₹600. What is the percentage increase?
  21. 21.What is the amount (principal + simple interest) on ₹8300 at 12% per year for 2 years (in ₹)?
  22. 22.The price of a box of mangoes changed from ₹250 to ₹245. What is the percentage decrease?
  23. 23.A fan bought for ₹2500 is sold for ₹2800. What is the profit per cent?
  24. 24.A shopkeeper buys a cycle for ₹1950 and sells it for ₹2250. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹6100 at 11% per year for 3 years (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹850 and sells it for ₹820. What is the loss (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹1600 at 12% per year for 4 years (in ₹)?
  28. 28.What is the simple interest on ₹8500 at 3% per year for 1 year (in ₹)?
  29. 29.The price of a cricket ball changed from ₹50 to ₹80. What is the percentage increase?
  30. 30.What is the simple interest on ₹5500 at 6% per year for 5 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹7600 at 4% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹8600 at 8% per year for 5 years (in ₹)?
  33. 33.A shopkeeper buys a fan for ₹200 and sells it for ₹50. What is the loss (in ₹)?
  34. 34.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
  35. 35.What is 35% of 960?
  36. 36.What is 75% of 260?
  37. 37.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 2 years (in ₹)?
  38. 38.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
  39. 39.What is 40% of 700?
  40. 40.A fan bought for ₹800 is sold for ₹1120. What is the profit per cent?

Answer key

  1. 5
  2. 30
  3. 128
  4. 40
  5. 8848
  6. 36
  7. 720
  8. 168
  9. 960
  10. 120
  11. 30
  12. 20
  13. 891
  14. 9408
  15. 50
  16. 10
  17. 9
  18. 3240
  19. 1176
  20. 50
  21. 10292
  22. 2
  23. 12
  24. 300
  25. 2013
  26. 30
  27. 2368
  28. 255
  29. 60
  30. 1650
  31. 8816
  32. 3440
  33. 150
  34. 10
  35. 336
  36. 195
  37. 3348
  38. 50
  39. 280
  40. 40

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