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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 47 · 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 85% of 960?
  2. 2.The price of a box of mangoes changed from ₹200 to ₹180. What is the percentage decrease?
  3. 3.What is 10% of 820?
  4. 4.A cooler bought for ₹200 is sold for ₹190. What is the loss per cent?
  5. 5.What is the simple interest on ₹5100 at 6% per year for 2 years (in ₹)?
  6. 6.A watch bought for ₹700 is sold for ₹875. What is the profit per cent?
  7. 7.What is 20% of 900?
  8. 8.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
  9. 9.A cycle bought for ₹400 is sold for ₹440. What is the profit per cent?
  10. 10.A shopkeeper buys a table for ₹850 and sells it for ₹1060. What is the profit (in ₹)?
  11. 11.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
  12. 12.The price of a school bag changed from ₹400 to ₹320. What is the percentage decrease?
  13. 13.What is 80% of 640?
  14. 14.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹540. What is the profit (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹7700 at 7% per year for 1 year (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹7400 at 4% per year for 3 years (in ₹)?
  17. 17.A fan bought for ₹500 is sold for ₹250. What is the loss per cent?
  18. 18.A table costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹4900 at 12% per year for 5 years (in ₹)?
  20. 20.A cycle bought for ₹2900 is sold for ₹4350. What is the profit per cent?
  21. 21.The price of a pair of shoes changed from ₹80 to ₹64. What is the percentage decrease?
  22. 22.A mobile phone costs ₹1300. It is sold at a 5% loss. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 5 years (in ₹)?
  24. 24.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1540. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3400 at 12% per year for 3 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 5 years (in ₹)?
  27. 27.What is the simple interest on ₹8500 at 10% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹1750 and sells it for ₹1570. What is the loss (in ₹)?
  29. 29.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹740. What is the profit (in ₹)?
  30. 30.What is 5% of 480?
  31. 31.A watch bought for ₹3900 is sold for ₹1950. What is the loss per cent?
  32. 32.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
  33. 33.What is the amount (principal + simple interest) on ₹7000 at 8% per year for 1 year (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹2300 at 11% per year for 4 years (in ₹)?
  35. 35.A watch costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹2700 at 3% per year for 5 years (in ₹)?
  37. 37.A table bought for ₹700 is sold for ₹770. What is the profit per cent?
  38. 38.The price of a bus pass changed from ₹80 to ₹128. What is the percentage increase?
  39. 39.What is 25% of 560?
  40. 40.A table costs ₹3700. It is sold at a 20% profit. What is the selling price (in ₹)?

Answer key

  1. 816
  2. 10
  3. 82
  4. 5
  5. 612
  6. 25
  7. 180
  8. 20
  9. 10
  10. 210
  11. 10
  12. 20
  13. 512
  14. 190
  15. 8239
  16. 8288
  17. 50
  18. 450
  19. 7840
  20. 50
  21. 20
  22. 1235
  23. 3080
  24. 60
  25. 4624
  26. 3750
  27. 850
  28. 180
  29. 190
  30. 24
  31. 50
  32. 40
  33. 7560
  34. 3312
  35. 1260
  36. 405
  37. 10
  38. 60
  39. 140
  40. 4440

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