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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 413 · 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 ₹40 to ₹52. What is the percentage increase?
  2. 2.What is the simple interest on ₹900 at 6% per year for 3 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹4700 at 9% per year for 5 years (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  5. 5.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1410. What is the loss (in ₹)?
  6. 6.The price of a pair of shoes changed from ₹400 to ₹360. What is the percentage decrease?
  7. 7.A mobile phone bought for ₹600 is sold for ₹540. What is the loss per cent?
  8. 8.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹930. What is the loss (in ₹)?
  9. 9.The price of a school bag changed from ₹20 to ₹32. What is the percentage increase?
  10. 10.A shopkeeper buys a cycle for ₹950 and sells it for ₹820. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹2850 and sells it for ₹2750. What is the loss (in ₹)?
  12. 12.A mobile phone costs ₹3600. It is sold at a 25% loss. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹5900 at 4% per year for 4 years (in ₹)?
  14. 14.A cooler bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  15. 15.A shopkeeper buys a table for ₹2150 and sells it for ₹1920. What is the loss (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1380. What is the loss (in ₹)?
  17. 17.The price of a bus pass changed from ₹20 to ₹28. What is the percentage increase?
  18. 18.The price of a box of mangoes changed from ₹80 to ₹20. What is the percentage decrease?
  19. 19.What is 80% of 100?
  20. 20.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1380. What is the profit (in ₹)?
  21. 21.A shopkeeper buys a cycle for ₹950 and sells it for ₹900. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2850. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a watch for ₹1200 and sells it for ₹900. What is the loss (in ₹)?
  24. 24.A shopkeeper buys a cooler for ₹650 and sells it for ₹870. What is the profit (in ₹)?
  25. 25.A watch costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹4600 at 12% per year for 1 year (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹6000 at 11% per year for 3 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹6200 at 7% per year for 2 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹4800 at 7% per year for 3 years (in ₹)?
  30. 30.A sewing machine bought for ₹1400 is sold for ₹1232. What is the loss per cent?
  31. 31.What is 35% of 680?
  32. 32.A mobile phone bought for ₹3500 is sold for ₹4375. What is the profit per cent?
  33. 33.A shopkeeper buys a watch for ₹1650 and sells it for ₹1490. What is the loss (in ₹)?
  34. 34.What is 15% of 40?
  35. 35.What is the simple interest on ₹6700 at 6% per year for 1 year (in ₹)?
  36. 36.A mobile phone bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  37. 37.What is 70% of 100?
  38. 38.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹2150. What is the profit (in ₹)?
  39. 39.A shopkeeper buys a cycle for ₹650 and sells it for ₹950. What is the profit (in ₹)?
  40. 40.What is the simple interest on ₹9500 at 2% per year for 2 years (in ₹)?

Answer key

  1. 30
  2. 162
  3. 6815
  4. 20
  5. 90
  6. 10
  7. 10
  8. 270
  9. 60
  10. 130
  11. 100
  12. 2700
  13. 6844
  14. 12
  15. 230
  16. 270
  17. 40
  18. 75
  19. 80
  20. 130
  21. 50
  22. 200
  23. 300
  24. 220
  25. 4600
  26. 552
  27. 7980
  28. 7068
  29. 5808
  30. 12
  31. 238
  32. 25
  33. 160
  34. 6
  35. 402
  36. 10
  37. 70
  38. 250
  39. 300
  40. 380

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