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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 411 · 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.What is 95% of 520?
  2. 2.What is the amount (principal + simple interest) on ₹2700 at 11% per year for 1 year (in ₹)?
  3. 3.What is 20% of 60?
  4. 4.What is 5% of 480?
  5. 5.What is 45% of 840?
  6. 6.What is the simple interest on ₹5000 at 8% per year for 1 year (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹7500 at 9% per year for 2 years (in ₹)?
  8. 8.What is 15% of 760?
  9. 9.What is 85% of 840?
  10. 10.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  11. 11.A cycle costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
  12. 12.What is 70% of 940?
  13. 13.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 5 years (in ₹)?
  14. 14.A shopkeeper buys a fan for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
  15. 15.A cricket kit bought for ₹2400 is sold for ₹2760. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 1 year (in ₹)?
  17. 17.A sewing machine costs ₹700. It is sold at a 25% loss. What is the selling price (in ₹)?
  18. 18.A cooler costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
  19. 19.A mobile phone bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  20. 20.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?
  21. 21.A watch costs ₹2100. It is sold at a 30% profit. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1960. What is the profit (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 2 years (in ₹)?
  24. 24.The price of a cricket ball changed from ₹25 to ₹5. What is the percentage decrease?
  25. 25.A shopkeeper buys a table for ₹1450 and sells it for ₹1160. What is the loss (in ₹)?
  26. 26.What is 35% of 240?
  27. 27.The price of a bus pass changed from ₹80 to ₹32. What is the percentage decrease?
  28. 28.The price of a pair of shoes changed from ₹50 to ₹20. What is the percentage decrease?
  29. 29.A cricket kit bought for ₹2400 is sold for ₹2640. What is the profit per cent?
  30. 30.A fan costs ₹3600. It is sold at a 10% profit. What is the selling price (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
  32. 32.A cycle bought for ₹2000 is sold for ₹1200. What is the loss per cent?
  33. 33.The price of a box of mangoes changed from ₹200 to ₹202. What is the percentage increase?
  34. 34.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 4 years (in ₹)?
  35. 35.What is the simple interest on ₹1400 at 4% per year for 5 years (in ₹)?
  36. 36.A table bought for ₹1600 is sold for ₹1680. What is the profit per cent?
  37. 37.A mobile phone bought for ₹700 is sold for ₹665. What is the loss per cent?
  38. 38.The price of a bus pass changed from ₹100 to ₹75. What is the percentage decrease?
  39. 39.What is the simple interest on ₹9800 at 5% per year for 3 years (in ₹)?
  40. 40.A cooler costs ₹2200. It is sold at a 30% loss. What is the selling price (in ₹)?

Answer key

  1. 494
  2. 2997
  3. 12
  4. 24
  5. 378
  6. 400
  7. 8850
  8. 114
  9. 714
  10. 60
  11. 1955
  12. 658
  13. 11890
  14. 240
  15. 15
  16. 1680
  17. 525
  18. 4000
  19. 25
  20. 25
  21. 2730
  22. 110
  23. 3016
  24. 80
  25. 290
  26. 84
  27. 60
  28. 60
  29. 10
  30. 3960
  31. 5
  32. 40
  33. 1
  34. 2880
  35. 280
  36. 5
  37. 5
  38. 25
  39. 1470
  40. 1540

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