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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 365 · 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 cricket ball changed from ₹80 to ₹104. What is the percentage increase?
  2. 2.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?
  3. 3.A cricket kit bought for ₹1500 is sold for ₹1800. What is the profit per cent?
  4. 4.A shopkeeper buys a watch for ₹1700 and sells it for ₹1840. What is the profit (in ₹)?
  5. 5.What is 5% of 240?
  6. 6.A cooler costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹40 to ₹42. What is the percentage increase?
  8. 8.A shopkeeper buys a cooler for ₹850 and sells it for ₹910. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹4700 at 12% per year for 3 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 5 years (in ₹)?
  11. 11.What is 65% of 340?
  12. 12.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 4 years (in ₹)?
  13. 13.What is 5% of 1000?
  14. 14.What is the amount (principal + simple interest) on ₹700 at 3% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹4500 at 4% per year for 1 year (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹9000 at 5% per year for 2 years (in ₹)?
  17. 17.A sewing machine costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
  18. 18.A table costs ₹1100. It is sold at a 20% loss. What is the selling price (in ₹)?
  19. 19.What is 25% of 680?
  20. 20.What is 90% of 220?
  21. 21.What is the amount (principal + simple interest) on ₹3700 at 4% per year for 4 years (in ₹)?
  22. 22.A fan bought for ₹2600 is sold for ₹1560. What is the loss per cent?
  23. 23.A shopkeeper buys a table for ₹2600 and sells it for ₹2830. What is the profit (in ₹)?
  24. 24.A mobile phone bought for ₹2400 is sold for ₹2160. What is the loss per cent?
  25. 25.What is the amount (principal + simple interest) on ₹5100 at 7% per year for 5 years (in ₹)?
  26. 26.A table bought for ₹2200 is sold for ₹2860. What is the profit per cent?
  27. 27.What is the simple interest on ₹4100 at 6% per year for 1 year (in ₹)?
  28. 28.What is the simple interest on ₹8000 at 7% per year for 5 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6200 at 4% per year for 2 years (in ₹)?
  30. 30.The price of a cricket ball changed from ₹40 to ₹38. What is the percentage decrease?
  31. 31.A fan costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹1150 and sells it for ₹1120. What is the loss (in ₹)?
  33. 33.What is 95% of 680?
  34. 34.The price of a cricket ball changed from ₹250 to ₹200. What is the percentage decrease?
  35. 35.The price of a pair of shoes changed from ₹50 to ₹55. What is the percentage increase?
  36. 36.A cricket kit costs ₹3300. It is sold at a 5% profit. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹8300 at 5% per year for 5 years (in ₹)?
  38. 38.What is the simple interest on ₹6900 at 10% per year for 5 years (in ₹)?
  39. 39.A mobile phone costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹7400 at 12% per year for 3 years (in ₹)?

Answer key

  1. 30
  2. 25
  3. 20
  4. 140
  5. 12
  6. 3248
  7. 5
  8. 60
  9. 1692
  10. 9545
  11. 221
  12. 1920
  13. 50
  14. 742
  15. 180
  16. 9900
  17. 255
  18. 880
  19. 170
  20. 198
  21. 4292
  22. 40
  23. 230
  24. 10
  25. 6885
  26. 30
  27. 246
  28. 2800
  29. 6696
  30. 5
  31. 3330
  32. 30
  33. 646
  34. 20
  35. 10
  36. 3465
  37. 2075
  38. 3450
  39. 2450
  40. 10064

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