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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 385 · 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 ₹400 to ₹520. What is the percentage increase?
  2. 2.What is the simple interest on ₹9200 at 8% per year for 3 years (in ₹)?
  3. 3.A mobile phone bought for ₹700 is sold for ₹616. What is the loss per cent?
  4. 4.What is the amount (principal + simple interest) on ₹7800 at 8% per year for 3 years (in ₹)?
  5. 5.What is 45% of 560?
  6. 6.What is the simple interest on ₹4000 at 12% per year for 5 years (in ₹)?
  7. 7.What is the simple interest on ₹9600 at 12% per year for 3 years (in ₹)?
  8. 8.A shopkeeper buys a table for ₹1150 and sells it for ₹1400. What is the profit (in ₹)?
  9. 9.What is 80% of 540?
  10. 10.A cycle costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 5 years (in ₹)?
  12. 12.What is 30% of 60?
  13. 13.What is 15% of 440?
  14. 14.A sewing machine costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
  15. 15.What is 35% of 720?
  16. 16.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1250. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹2400 at 11% per year for 5 years (in ₹)?
  18. 18.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1980. What is the profit (in ₹)?
  19. 19.What is 45% of 900?
  20. 20.The price of a cricket ball changed from ₹500 to ₹900. What is the percentage increase?
  21. 21.What is 5% of 760?
  22. 22.The price of a bus pass changed from ₹200 to ₹20. What is the percentage decrease?
  23. 23.What is the amount (principal + simple interest) on ₹9900 at 11% per year for 4 years (in ₹)?
  24. 24.A cooler bought for ₹2900 is sold for ₹4060. What is the profit per cent?
  25. 25.The price of a pair of shoes changed from ₹500 to ₹875. What is the percentage increase?
  26. 26.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  27. 27.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1370. What is the profit (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹9800 at 7% per year for 3 years (in ₹)?
  29. 29.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
  30. 30.A shopkeeper buys a fan for ₹1000 and sells it for ₹1060. What is the profit (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹700 and sells it for ₹810. What is the profit (in ₹)?
  32. 32.A table costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹2700 at 6% per year for 1 year (in ₹)?
  34. 34.A cricket kit costs ₹1200. It is sold at a 30% loss. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 5 years (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2700. What is the profit (in ₹)?
  37. 37.What is 70% of 840?
  38. 38.A table bought for ₹3400 is sold for ₹3740. What is the profit per cent?
  39. 39.The price of a water bottle changed from ₹40 to ₹4. What is the percentage decrease?
  40. 40.A sewing machine bought for ₹3900 is sold for ₹3432. What is the loss per cent?

Answer key

  1. 30
  2. 2208
  3. 12
  4. 9672
  5. 252
  6. 2400
  7. 3456
  8. 250
  9. 432
  10. 3920
  11. 12450
  12. 18
  13. 66
  14. 2960
  15. 252
  16. 250
  17. 3720
  18. 280
  19. 405
  20. 80
  21. 38
  22. 90
  23. 14256
  24. 40
  25. 75
  26. 40
  27. 70
  28. 11858
  29. 80
  30. 60
  31. 110
  32. 2760
  33. 162
  34. 840
  35. 2970
  36. 150
  37. 588
  38. 10
  39. 90
  40. 12

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