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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 344 · 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.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
  2. 2.What is the simple interest on ₹5400 at 3% per year for 2 years (in ₹)?
  3. 3.A cricket kit bought for ₹2400 is sold for ₹1800. What is the loss per cent?
  4. 4.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 2 years (in ₹)?
  5. 5.A fan bought for ₹1600 is sold for ₹1792. What is the profit per cent?
  6. 6.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  7. 7.What is 45% of 380?
  8. 8.A cycle costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
  9. 9.A cricket kit costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.What is 85% of 340?
  11. 11.What is the simple interest on ₹9200 at 7% per year for 3 years (in ₹)?
  12. 12.A shopkeeper buys a watch for ₹2750 and sells it for ₹3010. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹1750 and sells it for ₹1600. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹7500 at 2% per year for 1 year (in ₹)?
  15. 15.What is the simple interest on ₹1100 at 6% per year for 2 years (in ₹)?
  16. 16.What is 40% of 320?
  17. 17.A shopkeeper buys a cooler for ₹400 and sells it for ₹410. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a watch for ₹1400 and sells it for ₹1610. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹900. What is the profit (in ₹)?
  20. 20.What is 60% of 320?
  21. 21.The price of a cricket ball changed from ₹80 to ₹8. What is the percentage decrease?
  22. 22.A shopkeeper buys a fan for ₹1600 and sells it for ₹1770. What is the profit (in ₹)?
  23. 23.What is 35% of 260?
  24. 24.A watch costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹700 at 6% per year for 1 year (in ₹)?
  26. 26.A sewing machine costs ₹2200. It is sold at a 20% profit. What is the selling price (in ₹)?
  27. 27.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
  28. 28.A cricket kit bought for ₹900 is sold for ₹855. What is the loss per cent?
  29. 29.A shopkeeper buys a watch for ₹2450 and sells it for ₹2270. What is the loss (in ₹)?
  30. 30.What is 15% of 200?
  31. 31.A fan bought for ₹3900 is sold for ₹4485. What is the profit per cent?
  32. 32.What is 65% of 160?
  33. 33.A shopkeeper buys a table for ₹2050 and sells it for ₹2090. What is the profit (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 4 years (in ₹)?
  35. 35.What is 15% of 480?
  36. 36.What is 90% of 640?
  37. 37.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1640. What is the profit (in ₹)?
  38. 38.A cricket kit costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
  39. 39.A cycle costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹8600 at 10% per year for 1 year (in ₹)?

Answer key

  1. 30
  2. 324
  3. 25
  4. 6960
  5. 12
  6. 60
  7. 171
  8. 660
  9. 5000
  10. 289
  11. 1932
  12. 260
  13. 150
  14. 7650
  15. 132
  16. 128
  17. 10
  18. 210
  19. 300
  20. 192
  21. 90
  22. 170
  23. 91
  24. 560
  25. 42
  26. 2640
  27. 30
  28. 5
  29. 180
  30. 30
  31. 15
  32. 104
  33. 40
  34. 9396
  35. 72
  36. 576
  37. 290
  38. 360
  39. 4620
  40. 860

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