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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 341 · 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 mobile phone bought for ₹600 is sold for ₹570. What is the loss per cent?
  2. 2.A mobile phone bought for ₹2300 is sold for ₹2760. What is the profit per cent?
  3. 3.A cycle costs ₹600. It is sold at a 10% profit. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹9100 at 11% per year for 2 years (in ₹)?
  5. 5.What is 70% of 700?
  6. 6.A shopkeeper buys a watch for ₹950 and sells it for ₹880. What is the loss (in ₹)?
  7. 7.What is the simple interest on ₹4400 at 12% per year for 1 year (in ₹)?
  8. 8.A cricket kit bought for ₹3700 is sold for ₹3145. What is the loss per cent?
  9. 9.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1300. What is the loss (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1120. What is the loss (in ₹)?
  11. 11.What is 65% of 460?
  12. 12.What is the amount (principal + simple interest) on ₹7500 at 2% per year for 1 year (in ₹)?
  13. 13.A mobile phone costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹2300 at 3% per year for 2 years (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹550 and sells it for ₹830. What is the profit (in ₹)?
  16. 16.What is the simple interest on ₹500 at 2% per year for 3 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹3200 at 11% per year for 1 year (in ₹)?
  18. 18.What is 70% of 80?
  19. 19.What is the amount (principal + simple interest) on ₹7300 at 11% per year for 2 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹7700 at 12% per year for 4 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹3700 at 12% per year for 4 years (in ₹)?
  22. 22.What is 20% of 820?
  23. 23.The price of a cricket ball changed from ₹100 to ₹60. What is the percentage decrease?
  24. 24.The price of a bus pass changed from ₹50 to ₹35. What is the percentage decrease?
  25. 25.A table bought for ₹2800 is sold for ₹2520. What is the loss per cent?
  26. 26.What is the simple interest on ₹5300 at 12% per year for 1 year (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹80 to ₹144. What is the percentage increase?
  28. 28.A fan costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹8100 at 2% per year for 2 years (in ₹)?
  30. 30.A fan bought for ₹2100 is sold for ₹1848. What is the loss per cent?
  31. 31.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹550. What is the loss (in ₹)?
  32. 32.A cooler bought for ₹1200 is sold for ₹1140. What is the loss per cent?
  33. 33.What is 80% of 340?
  34. 34.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
  35. 35.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 3 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5400 at 3% per year for 4 years (in ₹)?
  37. 37.What is 90% of 440?
  38. 38.What is 5% of 940?
  39. 39.What is the simple interest on ₹2200 at 4% per year for 3 years (in ₹)?
  40. 40.The price of a box of mangoes changed from ₹500 to ₹495. What is the percentage decrease?

Answer key

  1. 5
  2. 20
  3. 660
  4. 11102
  5. 490
  6. 70
  7. 528
  8. 15
  9. 250
  10. 130
  11. 299
  12. 7650
  13. 600
  14. 138
  15. 280
  16. 30
  17. 3552
  18. 56
  19. 8906
  20. 11396
  21. 5476
  22. 164
  23. 40
  24. 30
  25. 10
  26. 636
  27. 80
  28. 5850
  29. 324
  30. 12
  31. 150
  32. 5
  33. 272
  34. 50
  35. 2756
  36. 6048
  37. 396
  38. 47
  39. 264
  40. 1

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