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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 405 · 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 ₹80 to ₹56. What is the percentage decrease?
  2. 2.A table costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹9400 at 2% per year for 4 years (in ₹)?
  4. 4.What is 90% of 760?
  5. 5.What is the simple interest on ₹8400 at 9% per year for 5 years (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3120. What is the profit (in ₹)?
  7. 7.A cricket kit costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1690. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹1980. What is the loss (in ₹)?
  10. 10.What is 75% of 300?
  11. 11.What is the simple interest on ₹2400 at 11% per year for 5 years (in ₹)?
  12. 12.What is 80% of 600?
  13. 13.What is the simple interest on ₹8900 at 2% per year for 5 years (in ₹)?
  14. 14.A sewing machine bought for ₹2000 is sold for ₹1700. What is the loss per cent?
  15. 15.What is 40% of 980?
  16. 16.What is the simple interest on ₹3700 at 12% per year for 5 years (in ₹)?
  17. 17.A shopkeeper buys a fan for ₹1150 and sells it for ₹1360. What is the profit (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹3500 at 2% per year for 3 years (in ₹)?
  19. 19.The price of a water bottle changed from ₹20 to ₹5. What is the percentage decrease?
  20. 20.What is 35% of 120?
  21. 21.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 1 year (in ₹)?
  22. 22.What is 85% of 900?
  23. 23.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
  24. 24.A fan bought for ₹2100 is sold for ₹2310. What is the profit per cent?
  25. 25.A watch costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
  26. 26.A cycle costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
  27. 27.A cooler bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  28. 28.What is the amount (principal + simple interest) on ₹1400 at 3% per year for 2 years (in ₹)?
  29. 29.What is 60% of 100?
  30. 30.A mobile phone bought for ₹2900 is sold for ₹3335. What is the profit per cent?
  31. 31.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1400. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 3 years (in ₹)?
  33. 33.What is 20% of 760?
  34. 34.What is 90% of 580?
  35. 35.The price of a box of mangoes changed from ₹500 to ₹600. What is the percentage increase?
  36. 36.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2730. What is the loss (in ₹)?
  37. 37.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
  38. 38.The price of a box of mangoes changed from ₹500 to ₹505. What is the percentage increase?
  39. 39.A watch costs ₹1300. It is sold at a 5% loss. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹9400 at 2% per year for 5 years (in ₹)?

Answer key

  1. 30
  2. 1232
  3. 752
  4. 684
  5. 3780
  6. 270
  7. 900
  8. 290
  9. 120
  10. 225
  11. 1320
  12. 480
  13. 890
  14. 15
  15. 392
  16. 2220
  17. 210
  18. 3710
  19. 75
  20. 42
  21. 8446
  22. 765
  23. 80
  24. 10
  25. 450
  26. 345
  27. 10
  28. 1484
  29. 60
  30. 15
  31. 100
  32. 3360
  33. 152
  34. 522
  35. 20
  36. 20
  37. 90
  38. 1
  39. 1235
  40. 10340

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