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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 553 · 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 75% of 840?
  2. 2.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹200. What is the loss (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹3200 at 5% per year for 3 years (in ₹)?
  4. 4.The price of a school bag changed from ₹400 to ₹100. What is the percentage decrease?
  5. 5.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2310. What is the profit (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2350. What is the profit (in ₹)?
  7. 7.A table bought for ₹1400 is sold for ₹1330. What is the loss per cent?
  8. 8.A mobile phone bought for ₹4000 is sold for ₹3520. What is the loss per cent?
  9. 9.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
  10. 10.What is the amount (principal + simple interest) on ₹8600 at 8% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1460. What is the loss (in ₹)?
  12. 12.What is the simple interest on ₹6100 at 5% per year for 1 year (in ₹)?
  13. 13.A fan costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 5 years (in ₹)?
  15. 15.What is 95% of 1000?
  16. 16.The price of a school bag changed from ₹400 to ₹200. What is the percentage decrease?
  17. 17.What is 5% of 580?
  18. 18.A shopkeeper buys a watch for ₹400 and sells it for ₹660. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹7100 at 5% per year for 2 years (in ₹)?
  20. 20.What is 95% of 260?
  21. 21.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 2 years (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹400 to ₹520. What is the percentage increase?
  23. 23.A mobile phone bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  24. 24.What is the amount (principal + simple interest) on ₹3000 at 5% per year for 3 years (in ₹)?
  25. 25.A table costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
  26. 26.A table costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹2900 at 12% per year for 3 years (in ₹)?
  28. 28.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
  29. 29.The price of a cricket ball changed from ₹25 to ₹5. What is the percentage decrease?
  30. 30.What is the simple interest on ₹3000 at 6% per year for 4 years (in ₹)?
  31. 31.What is 90% of 440?
  32. 32.What is 35% of 400?
  33. 33.A cycle bought for ₹1000 is sold for ₹1050. What is the profit per cent?
  34. 34.What is 40% of 240?
  35. 35.What is the simple interest on ₹2100 at 2% per year for 3 years (in ₹)?
  36. 36.The price of a pair of shoes changed from ₹500 to ₹375. What is the percentage decrease?
  37. 37.What is the simple interest on ₹3700 at 12% per year for 4 years (in ₹)?
  38. 38.What is 5% of 40?
  39. 39.A sewing machine bought for ₹2900 is sold for ₹2030. What is the loss per cent?
  40. 40.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹760. What is the profit (in ₹)?

Answer key

  1. 630
  2. 200
  3. 3680
  4. 75
  5. 110
  6. 150
  7. 5
  8. 12
  9. 60
  10. 9288
  11. 90
  12. 305
  13. 700
  14. 5070
  15. 950
  16. 50
  17. 29
  18. 260
  19. 710
  20. 247
  21. 7370
  22. 30
  23. 10
  24. 3450
  25. 896
  26. 2835
  27. 1044
  28. 20
  29. 80
  30. 720
  31. 396
  32. 140
  33. 5
  34. 96
  35. 126
  36. 25
  37. 1776
  38. 2
  39. 30
  40. 260

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