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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 327 · 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 ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
  2. 2.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
  3. 3.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 3 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 5 years (in ₹)?
  6. 6.What is the simple interest on ₹8900 at 10% per year for 1 year (in ₹)?
  7. 7.What is 25% of 300?
  8. 8.What is the simple interest on ₹1400 at 10% per year for 1 year (in ₹)?
  9. 9.What is 70% of 640?
  10. 10.A cycle bought for ₹2600 is sold for ₹3380. What is the profit per cent?
  11. 11.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2490. What is the loss (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹6600 at 11% per year for 2 years (in ₹)?
  13. 13.The price of a bus pass changed from ₹250 to ₹150. What is the percentage decrease?
  14. 14.A watch costs ₹800. It is sold at a 10% loss. What is the selling price (in ₹)?
  15. 15.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
  16. 16.What is the simple interest on ₹6400 at 2% per year for 4 years (in ₹)?
  17. 17.What is 5% of 760?
  18. 18.What is 10% of 600?
  19. 19.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1230. What is the loss (in ₹)?
  20. 20.What is 75% of 880?
  21. 21.A shopkeeper buys a cooler for ₹500 and sells it for ₹680. What is the profit (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹6800 at 10% per year for 3 years (in ₹)?
  23. 23.A cricket kit bought for ₹1800 is sold for ₹2160. What is the profit per cent?
  24. 24.What is the simple interest on ₹7800 at 11% per year for 5 years (in ₹)?
  25. 25.The price of a bus pass changed from ₹250 to ₹125. What is the percentage decrease?
  26. 26.A cycle costs ₹2700. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.A cycle bought for ₹1300 is sold for ₹1820. What is the profit per cent?
  28. 28.A cycle bought for ₹3200 is sold for ₹4480. What is the profit per cent?
  29. 29.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1460. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2520. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹9300 at 8% per year for 1 year (in ₹)?
  32. 32.A cooler bought for ₹1200 is sold for ₹1500. What is the profit per cent?
  33. 33.What is the simple interest on ₹7300 at 7% per year for 5 years (in ₹)?
  34. 34.What is 80% of 520?
  35. 35.What is the simple interest on ₹8200 at 10% per year for 3 years (in ₹)?
  36. 36.A cycle costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹700 at 2% per year for 3 years (in ₹)?
  38. 38.The price of a box of mangoes changed from ₹250 to ₹100. What is the percentage decrease?
  39. 39.A cricket kit bought for ₹2100 is sold for ₹2625. What is the profit per cent?
  40. 40.A sewing machine bought for ₹2300 is sold for ₹1955. What is the loss per cent?

Answer key

  1. 250
  2. 25
  3. 3080
  4. 2071
  5. 7475
  6. 890
  7. 75
  8. 140
  9. 448
  10. 30
  11. 210
  12. 8052
  13. 40
  14. 720
  15. 30
  16. 512
  17. 38
  18. 60
  19. 170
  20. 660
  21. 180
  22. 8840
  23. 20
  24. 4290
  25. 50
  26. 2295
  27. 40
  28. 40
  29. 90
  30. 70
  31. 744
  32. 25
  33. 2555
  34. 416
  35. 2460
  36. 380
  37. 742
  38. 60
  39. 25
  40. 15

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