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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 317 · 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 ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹50 to ₹60. What is the percentage increase?
  3. 3.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
  4. 4.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
  5. 5.The price of a school bag changed from ₹200 to ₹250. What is the percentage increase?
  6. 6.A shopkeeper buys a fan for ₹2400 and sells it for ₹2140. What is the loss (in ₹)?
  7. 7.The price of a school bag changed from ₹100 to ₹125. What is the percentage increase?
  8. 8.What is 30% of 460?
  9. 9.What is the simple interest on ₹3600 at 3% per year for 4 years (in ₹)?
  10. 10.A mobile phone bought for ₹700 is sold for ₹980. What is the profit per cent?
  11. 11.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹1190. What is the profit (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹5500 at 10% per year for 2 years (in ₹)?
  13. 13.What is 40% of 960?
  14. 14.A cooler costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹600 at 9% per year for 5 years (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
  17. 17.What is 30% of 840?
  18. 18.What is 70% of 420?
  19. 19.What is the simple interest on ₹9900 at 5% per year for 2 years (in ₹)?
  20. 20.What is the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹4200 at 11% per year for 1 year (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹4000 at 5% per year for 2 years (in ₹)?
  23. 23.A mobile phone bought for ₹2700 is sold for ₹3024. What is the profit per cent?
  24. 24.What is the simple interest on ₹7600 at 11% per year for 2 years (in ₹)?
  25. 25.A watch bought for ₹1300 is sold for ₹1690. What is the profit per cent?
  26. 26.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1970. What is the profit (in ₹)?
  27. 27.What is the simple interest on ₹1400 at 3% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹5800 at 9% per year for 3 years (in ₹)?
  29. 29.A table bought for ₹400 is sold for ₹460. What is the profit per cent?
  30. 30.The price of a water bottle changed from ₹100 to ₹40. What is the percentage decrease?
  31. 31.What is the amount (principal + simple interest) on ₹1000 at 9% per year for 5 years (in ₹)?
  32. 32.A sewing machine costs ₹2400. It is sold at a 12% profit. What is the selling price (in ₹)?
  33. 33.The price of a cricket ball changed from ₹20 to ₹19. What is the percentage decrease?
  34. 34.A shopkeeper buys a watch for ₹400 and sells it for ₹170. What is the loss (in ₹)?
  35. 35.What is 70% of 180?
  36. 36.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
  37. 37.A shopkeeper buys a fan for ₹2200 and sells it for ₹2090. What is the loss (in ₹)?
  38. 38.What is the simple interest on ₹1400 at 2% per year for 4 years (in ₹)?
  39. 39.What is 5% of 720?
  40. 40.What is the amount (principal + simple interest) on ₹1800 at 6% per year for 4 years (in ₹)?

Answer key

  1. 4875
  2. 20
  3. 80
  4. 10
  5. 25
  6. 260
  7. 25
  8. 138
  9. 432
  10. 40
  11. 240
  12. 6600
  13. 384
  14. 2640
  15. 270
  16. 30
  17. 252
  18. 294
  19. 990
  20. 400
  21. 4662
  22. 4400
  23. 12
  24. 1672
  25. 30
  26. 220
  27. 168
  28. 7366
  29. 15
  30. 60
  31. 1450
  32. 2688
  33. 5
  34. 230
  35. 126
  36. 20
  37. 110
  38. 112
  39. 36
  40. 2232

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