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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 37 · 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 ₹50 to ₹35. What is the percentage decrease?
  2. 2.What is 60% of 800?
  3. 3.What is the amount (principal + simple interest) on ₹2000 at 5% per year for 2 years (in ₹)?
  4. 4.A shopkeeper buys a table for ₹1750 and sells it for ₹1590. What is the loss (in ₹)?
  5. 5.A table costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  6. 6.What is 55% of 180?
  7. 7.What is the simple interest on ₹4900 at 7% per year for 1 year (in ₹)?
  8. 8.A cooler costs ₹2000. It is sold at a 20% profit. What is the selling price (in ₹)?
  9. 9.What is 90% of 700?
  10. 10.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 5 years (in ₹)?
  12. 12.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
  13. 13.A cooler bought for ₹1200 is sold for ₹1080. What is the loss per cent?
  14. 14.What is the amount (principal + simple interest) on ₹8500 at 8% per year for 1 year (in ₹)?
  15. 15.The price of a bus pass changed from ₹20 to ₹16. What is the percentage decrease?
  16. 16.The price of a pair of shoes changed from ₹20 to ₹28. What is the percentage increase?
  17. 17.The price of a bus pass changed from ₹50 to ₹45. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹8300 at 2% per year for 4 years (in ₹)?
  19. 19.A fan costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  20. 20.The price of a school bag changed from ₹200 to ₹50. What is the percentage decrease?
  21. 21.A shopkeeper buys a watch for ₹400 and sells it for ₹380. What is the loss (in ₹)?
  22. 22.What is the simple interest on ₹1300 at 2% per year for 5 years (in ₹)?
  23. 23.A shopkeeper buys a watch for ₹2950 and sells it for ₹2940. What is the loss (in ₹)?
  24. 24.The price of a water bottle changed from ₹80 to ₹72. What is the percentage decrease?
  25. 25.A cycle bought for ₹3000 is sold for ₹4200. What is the profit per cent?
  26. 26.What is the simple interest on ₹3200 at 11% per year for 3 years (in ₹)?
  27. 27.A table costs ₹300. It is sold at a 12% loss. What is the selling price (in ₹)?
  28. 28.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
  29. 29.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 3 years (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹200 to ₹280. What is the percentage increase?
  31. 31.What is the amount (principal + simple interest) on ₹9700 at 11% per year for 2 years (in ₹)?
  32. 32.What is 75% of 940?
  33. 33.A sewing machine bought for ₹600 is sold for ₹780. What is the profit per cent?
  34. 34.The price of a bus pass changed from ₹40 to ₹38. What is the percentage decrease?
  35. 35.What is 25% of 780?
  36. 36.What is the simple interest on ₹5500 at 8% per year for 3 years (in ₹)?
  37. 37.A watch costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
  38. 38.What is 55% of 300?
  39. 39.What is the simple interest on ₹3300 at 3% per year for 4 years (in ₹)?
  40. 40.A cycle costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?

Answer key

  1. 30
  2. 480
  3. 2200
  4. 160
  5. 440
  6. 99
  7. 343
  8. 2400
  9. 630
  10. 2200
  11. 4480
  12. 10
  13. 10
  14. 9180
  15. 20
  16. 40
  17. 10
  18. 8964
  19. 2000
  20. 75
  21. 20
  22. 130
  23. 10
  24. 10
  25. 40
  26. 1056
  27. 264
  28. 90
  29. 5512
  30. 40
  31. 11834
  32. 705
  33. 30
  34. 5
  35. 195
  36. 1320
  37. 950
  38. 165
  39. 396
  40. 450

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