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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 352 · 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 ₹200 to ₹180. What is the percentage decrease?
  2. 2.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 2 years (in ₹)?
  3. 3.A watch costs ₹1000. It is sold at a 20% loss. What is the selling price (in ₹)?
  4. 4.A sewing machine bought for ₹4000 is sold for ₹5200. What is the profit per cent?
  5. 5.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 2 years (in ₹)?
  6. 6.The price of a box of mangoes changed from ₹400 to ₹600. What is the percentage increase?
  7. 7.A table costs ₹2600. It is sold at a 15% loss. What is the selling price (in ₹)?
  8. 8.What is 55% of 120?
  9. 9.A cricket kit costs ₹1300. It is sold at a 40% loss. What is the selling price (in ₹)?
  10. 10.A cooler costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  11. 11.The price of a school bag changed from ₹50 to ₹55. What is the percentage increase?
  12. 12.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
  13. 13.A watch bought for ₹800 is sold for ₹840. What is the profit per cent?
  14. 14.What is the amount (principal + simple interest) on ₹6800 at 7% per year for 3 years (in ₹)?
  15. 15.What is 95% of 920?
  16. 16.A watch costs ₹200. It is sold at a 5% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹2000 and sells it for ₹2170. What is the profit (in ₹)?
  18. 18.The price of a box of mangoes changed from ₹500 to ₹350. What is the percentage decrease?
  19. 19.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 2 years (in ₹)?
  20. 20.A shopkeeper buys a cycle for ₹700 and sells it for ₹730. What is the profit (in ₹)?
  21. 21.A cycle costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹20 to ₹36. What is the percentage increase?
  23. 23.What is 70% of 340?
  24. 24.What is 80% of 760?
  25. 25.What is 35% of 460?
  26. 26.A cooler costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹20 to ₹12. What is the percentage decrease?
  28. 28.What is the simple interest on ₹9100 at 11% per year for 2 years (in ₹)?
  29. 29.What is the simple interest on ₹6900 at 2% per year for 5 years (in ₹)?
  30. 30.A mobile phone costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹1200 at 5% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹7400 at 2% per year for 5 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹5600 at 2% per year for 2 years (in ₹)?
  34. 34.The price of a bus pass changed from ₹80 to ₹60. What is the percentage decrease?
  35. 35.What is the simple interest on ₹4400 at 4% per year for 5 years (in ₹)?
  36. 36.What is the simple interest on ₹6800 at 9% per year for 4 years (in ₹)?
  37. 37.A mobile phone bought for ₹3900 is sold for ₹2340. What is the loss per cent?
  38. 38.A mobile phone costs ₹1800. It is sold at a 50% profit. What is the selling price (in ₹)?
  39. 39.What is the simple interest on ₹4100 at 4% per year for 4 years (in ₹)?
  40. 40.What is the simple interest on ₹7100 at 11% per year for 1 year (in ₹)?

Answer key

  1. 10
  2. 10584
  3. 800
  4. 30
  5. 4752
  6. 50
  7. 2210
  8. 66
  9. 780
  10. 360
  11. 10
  12. 20
  13. 5
  14. 8228
  15. 874
  16. 190
  17. 170
  18. 30
  19. 9632
  20. 30
  21. 3640
  22. 80
  23. 238
  24. 608
  25. 161
  26. 1955
  27. 40
  28. 2002
  29. 690
  30. 805
  31. 240
  32. 740
  33. 5824
  34. 25
  35. 880
  36. 2448
  37. 40
  38. 2700
  39. 656
  40. 781

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