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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 409 · 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 pair of shoes changed from ₹50 to ₹55. What is the percentage increase?
  2. 2.The price of a school bag changed from ₹80 to ₹140. What is the percentage increase?
  3. 3.The price of a box of mangoes changed from ₹40 to ₹72. What is the percentage increase?
  4. 4.A cycle bought for ₹4000 is sold for ₹4480. What is the profit per cent?
  5. 5.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 4 years (in ₹)?
  6. 6.The price of a bus pass changed from ₹80 to ₹88. What is the percentage increase?
  7. 7.A cycle bought for ₹1300 is sold for ₹1170. What is the loss per cent?
  8. 8.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  9. 9.What is 35% of 60?
  10. 10.The price of a bus pass changed from ₹100 to ₹160. What is the percentage increase?
  11. 11.A shopkeeper buys a fan for ₹2550 and sells it for ₹2570. What is the profit (in ₹)?
  12. 12.What is 90% of 100?
  13. 13.A fan costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹4100 at 9% per year for 3 years (in ₹)?
  15. 15.A cycle bought for ₹2300 is sold for ₹3450. What is the profit per cent?
  16. 16.A shopkeeper buys a fan for ₹750 and sells it for ₹910. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹200 and sells it for ₹30. What is the loss (in ₹)?
  18. 18.What is 40% of 500?
  19. 19.What is the simple interest on ₹1800 at 10% per year for 1 year (in ₹)?
  20. 20.What is the simple interest on ₹4800 at 5% per year for 1 year (in ₹)?
  21. 21.A cycle costs ₹1200. It is sold at a 10% profit. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹3000 at 2% per year for 2 years (in ₹)?
  23. 23.A fan bought for ₹2600 is sold for ₹2730. What is the profit per cent?
  24. 24.What is the simple interest on ₹700 at 7% per year for 5 years (in ₹)?
  25. 25.What is 80% of 80?
  26. 26.What is the simple interest on ₹4900 at 5% per year for 1 year (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹6900 at 9% per year for 3 years (in ₹)?
  28. 28.What is 70% of 180?
  29. 29.The price of a school bag changed from ₹100 to ₹80. What is the percentage decrease?
  30. 30.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹2050. What is the profit (in ₹)?
  31. 31.A cooler bought for ₹2000 is sold for ₹1900. What is the loss per cent?
  32. 32.A watch bought for ₹800 is sold for ₹720. What is the loss per cent?
  33. 33.What is the simple interest on ₹3500 at 9% per year for 1 year (in ₹)?
  34. 34.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2720. What is the profit (in ₹)?
  35. 35.What is 20% of 900?
  36. 36.What is 80% of 660?
  37. 37.What is 40% of 360?
  38. 38.A fan costs ₹2400. It is sold at a 25% profit. What is the selling price (in ₹)?
  39. 39.The price of a box of mangoes changed from ₹200 to ₹380. What is the percentage increase?
  40. 40.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?

Answer key

  1. 10
  2. 75
  3. 80
  4. 12
  5. 7140
  6. 10
  7. 10
  8. 20
  9. 21
  10. 60
  11. 20
  12. 90
  13. 784
  14. 5207
  15. 50
  16. 160
  17. 170
  18. 200
  19. 180
  20. 240
  21. 1320
  22. 120
  23. 5
  24. 245
  25. 64
  26. 245
  27. 8763
  28. 126
  29. 20
  30. 50
  31. 5
  32. 10
  33. 315
  34. 70
  35. 180
  36. 528
  37. 144
  38. 3000
  39. 90
  40. 5

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