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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 316 · 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 the simple interest on ₹5300 at 10% per year for 1 year (in ₹)?
  2. 2.A watch bought for ₹3600 is sold for ₹3240. What is the loss per cent?
  3. 3.A mobile phone costs ₹3200. It is sold at a 20% loss. What is the selling price (in ₹)?
  4. 4.The price of a cricket ball changed from ₹80 to ₹56. What is the percentage decrease?
  5. 5.The price of a box of mangoes changed from ₹40 to ₹50. What is the percentage increase?
  6. 6.The price of a box of mangoes changed from ₹400 to ₹440. What is the percentage increase?
  7. 7.What is the simple interest on ₹2500 at 5% per year for 4 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹6400 at 12% per year for 5 years (in ₹)?
  9. 9.What is 80% of 180?
  10. 10.What is the simple interest on ₹1300 at 11% per year for 3 years (in ₹)?
  11. 11.What is 45% of 360?
  12. 12.A shopkeeper buys a fan for ₹400 and sells it for ₹340. What is the loss (in ₹)?
  13. 13.A mobile phone costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
  14. 14.What is 45% of 220?
  15. 15.What is 35% of 740?
  16. 16.What is the simple interest on ₹1800 at 9% per year for 1 year (in ₹)?
  17. 17.A table bought for ₹4000 is sold for ₹3800. What is the loss per cent?
  18. 18.A cycle bought for ₹2000 is sold for ₹2200. What is the profit per cent?
  19. 19.A fan bought for ₹1500 is sold for ₹1275. What is the loss per cent?
  20. 20.What is the simple interest on ₹5000 at 11% per year for 4 years (in ₹)?
  21. 21.A shopkeeper buys a table for ₹2150 and sells it for ₹1970. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹900 and sells it for ₹870. What is the loss (in ₹)?
  23. 23.What is the simple interest on ₹800 at 10% per year for 3 years (in ₹)?
  24. 24.A cycle bought for ₹1600 is sold for ₹2000. What is the profit per cent?
  25. 25.What is the amount (principal + simple interest) on ₹5900 at 2% per year for 3 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹2100 at 11% per year for 1 year (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹3200 at 6% per year for 1 year (in ₹)?
  28. 28.What is 20% of 780?
  29. 29.What is the simple interest on ₹5100 at 4% per year for 5 years (in ₹)?
  30. 30.A table bought for ₹800 is sold for ₹680. What is the loss per cent?
  31. 31.What is the simple interest on ₹8800 at 6% per year for 3 years (in ₹)?
  32. 32.What is the simple interest on ₹1400 at 5% per year for 3 years (in ₹)?
  33. 33.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹260. What is the profit (in ₹)?
  34. 34.The price of a bus pass changed from ₹250 to ₹200. What is the percentage decrease?
  35. 35.A table bought for ₹1400 is sold for ₹840. What is the loss per cent?
  36. 36.What is 45% of 380?
  37. 37.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2550. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹950 and sells it for ₹940. What is the loss (in ₹)?
  39. 39.What is 60% of 300?
  40. 40.The price of a water bottle changed from ₹20 to ₹22. What is the percentage increase?

Answer key

  1. 530
  2. 10
  3. 2560
  4. 30
  5. 25
  6. 10
  7. 500
  8. 10240
  9. 144
  10. 429
  11. 162
  12. 60
  13. 2100
  14. 99
  15. 259
  16. 162
  17. 5
  18. 10
  19. 15
  20. 2200
  21. 180
  22. 30
  23. 240
  24. 25
  25. 6254
  26. 2331
  27. 3392
  28. 156
  29. 1020
  30. 15
  31. 1584
  32. 210
  33. 60
  34. 20
  35. 40
  36. 171
  37. 250
  38. 10
  39. 180
  40. 10

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