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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 366 · 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 school bag changed from ₹40 to ₹48. What is the percentage increase?
  2. 2.What is the amount (principal + simple interest) on ₹5000 at 5% per year for 4 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹5100 at 8% per year for 1 year (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹2600 and sells it for ₹2440. What is the loss (in ₹)?
  5. 5.What is the simple interest on ₹6600 at 10% per year for 2 years (in ₹)?
  6. 6.The price of a school bag changed from ₹250 to ₹300. What is the percentage increase?
  7. 7.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
  8. 8.The price of a pair of shoes changed from ₹20 to ₹35. What is the percentage increase?
  9. 9.A cooler costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7500 at 11% per year for 4 years (in ₹)?
  11. 11.What is 10% of 120?
  12. 12.What is the amount (principal + simple interest) on ₹7100 at 5% per year for 2 years (in ₹)?
  13. 13.What is 95% of 380?
  14. 14.What is the simple interest on ₹4800 at 7% per year for 4 years (in ₹)?
  15. 15.A fan costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹3100 at 4% per year for 2 years (in ₹)?
  17. 17.What is the simple interest on ₹700 at 9% per year for 1 year (in ₹)?
  18. 18.What is 25% of 940?
  19. 19.What is the simple interest on ₹5400 at 12% per year for 5 years (in ₹)?
  20. 20.What is 80% of 540?
  21. 21.A mobile phone bought for ₹500 is sold for ₹300. What is the loss per cent?
  22. 22.A mobile phone costs ₹3700. It is sold at a 15% profit. What is the selling price (in ₹)?
  23. 23.The price of a cricket ball changed from ₹20 to ₹4. What is the percentage decrease?
  24. 24.A shopkeeper buys a table for ₹1300 and sells it for ₹1370. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹6100 at 8% per year for 4 years (in ₹)?
  26. 26.A shopkeeper buys a table for ₹2850 and sells it for ₹2830. What is the loss (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹100 to ₹105. What is the percentage increase?
  28. 28.A cooler costs ₹2400. It is sold at a 20% profit. What is the selling price (in ₹)?
  29. 29.A mobile phone costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹7300 at 6% per year for 2 years (in ₹)?
  31. 31.The price of a box of mangoes changed from ₹20 to ₹38. What is the percentage increase?
  32. 32.A shopkeeper buys a table for ₹2850 and sells it for ₹2710. What is the loss (in ₹)?
  33. 33.The price of a cricket ball changed from ₹80 to ₹48. What is the percentage decrease?
  34. 34.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 3 years (in ₹)?
  35. 35.A cricket kit costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹2050 and sells it for ₹2340. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1470. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2560. What is the profit (in ₹)?
  39. 39.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1950. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹1000 and sells it for ₹1200. What is the profit (in ₹)?

Answer key

  1. 20
  2. 6000
  3. 5508
  4. 160
  5. 1320
  6. 20
  7. 60
  8. 75
  9. 4340
  10. 10800
  11. 12
  12. 7810
  13. 361
  14. 1344
  15. 3150
  16. 248
  17. 63
  18. 235
  19. 3240
  20. 432
  21. 40
  22. 4255
  23. 80
  24. 70
  25. 8052
  26. 20
  27. 5
  28. 2880
  29. 1050
  30. 876
  31. 90
  32. 140
  33. 40
  34. 4680
  35. 1568
  36. 290
  37. 30
  38. 110
  39. 200
  40. 200

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