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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 284 · 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.A fan costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.What is 80% of 540?
  3. 3.A cricket kit bought for ₹1000 is sold for ₹1100. What is the profit per cent?
  4. 4.What is the amount (principal + simple interest) on ₹700 at 10% per year for 3 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 1 year (in ₹)?
  6. 6.The price of a cricket ball changed from ₹100 to ₹60. What is the percentage decrease?
  7. 7.The price of a water bottle changed from ₹50 to ₹25. What is the percentage decrease?
  8. 8.A cricket kit bought for ₹3100 is sold for ₹1550. What is the loss per cent?
  9. 9.A watch costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1700. What is the profit (in ₹)?
  11. 11.What is the simple interest on ₹8900 at 3% per year for 2 years (in ₹)?
  12. 12.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹840. What is the profit (in ₹)?
  13. 13.What is 75% of 680?
  14. 14.The price of a water bottle changed from ₹500 to ₹300. What is the percentage decrease?
  15. 15.What is 5% of 200?
  16. 16.What is the simple interest on ₹3000 at 10% per year for 3 years (in ₹)?
  17. 17.A watch costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 1 year (in ₹)?
  19. 19.A cooler bought for ₹1800 is sold for ₹2160. What is the profit per cent?
  20. 20.A sewing machine costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹7300 at 11% per year for 4 years (in ₹)?
  22. 22.A shopkeeper buys a table for ₹750 and sells it for ₹960. What is the profit (in ₹)?
  23. 23.The price of a cricket ball changed from ₹200 to ₹190. What is the percentage decrease?
  24. 24.What is 40% of 300?
  25. 25.What is the amount (principal + simple interest) on ₹5700 at 9% per year for 2 years (in ₹)?
  26. 26.What is the simple interest on ₹3700 at 12% per year for 2 years (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹3300 at 12% per year for 4 years (in ₹)?
  28. 28.The price of a water bottle changed from ₹40 to ₹10. What is the percentage decrease?
  29. 29.The price of a water bottle changed from ₹500 to ₹125. What is the percentage decrease?
  30. 30.What is the amount (principal + simple interest) on ₹500 at 7% per year for 4 years (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1780. What is the profit (in ₹)?
  32. 32.The price of a box of mangoes changed from ₹25 to ₹10. What is the percentage decrease?
  33. 33.What is 20% of 300?
  34. 34.A fan costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
  35. 35.The price of a box of mangoes changed from ₹400 to ₹520. What is the percentage increase?
  36. 36.What is the amount (principal + simple interest) on ₹3500 at 7% per year for 2 years (in ₹)?
  37. 37.What is 60% of 160?
  38. 38.What is the simple interest on ₹10000 at 12% per year for 1 year (in ₹)?
  39. 39.The price of a cricket ball changed from ₹250 to ₹300. What is the percentage increase?
  40. 40.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?

Answer key

  1. 2610
  2. 432
  3. 10
  4. 910
  5. 6386
  6. 40
  7. 50
  8. 50
  9. 6000
  10. 150
  11. 534
  12. 90
  13. 510
  14. 40
  15. 10
  16. 900
  17. 700
  18. 4635
  19. 20
  20. 855
  21. 3212
  22. 210
  23. 5
  24. 120
  25. 6726
  26. 888
  27. 4884
  28. 75
  29. 75
  30. 640
  31. 30
  32. 60
  33. 60
  34. 4256
  35. 30
  36. 3990
  37. 96
  38. 1200
  39. 20
  40. 90

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