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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 554 · 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 school bag changed from ₹20 to ₹36. What is the percentage increase?
  2. 2.What is the amount (principal + simple interest) on ₹500 at 2% per year for 3 years (in ₹)?
  3. 3.The price of a cricket ball changed from ₹40 to ₹32. What is the percentage decrease?
  4. 4.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹610. What is the loss (in ₹)?
  5. 5.A cooler bought for ₹1300 is sold for ₹1690. What is the profit per cent?
  6. 6.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1800. What is the profit (in ₹)?
  7. 7.What is 80% of 620?
  8. 8.The price of a school bag changed from ₹400 to ₹440. What is the percentage increase?
  9. 9.What is the amount (principal + simple interest) on ₹1700 at 6% per year for 5 years (in ₹)?
  10. 10.The price of a pair of shoes changed from ₹80 to ₹120. What is the percentage increase?
  11. 11.A shopkeeper buys a table for ₹950 and sells it for ₹760. What is the loss (in ₹)?
  12. 12.What is the simple interest on ₹8900 at 10% per year for 1 year (in ₹)?
  13. 13.What is the simple interest on ₹2800 at 11% per year for 3 years (in ₹)?
  14. 14.A cooler bought for ₹1300 is sold for ₹910. What is the loss per cent?
  15. 15.What is 15% of 200?
  16. 16.A cricket kit bought for ₹3800 is sold for ₹5700. What is the profit per cent?
  17. 17.What is 95% of 460?
  18. 18.A table bought for ₹200 is sold for ₹176. What is the loss per cent?
  19. 19.A shopkeeper buys a table for ₹550 and sells it for ₹410. What is the loss (in ₹)?
  20. 20.A cooler bought for ₹400 is sold for ₹500. What is the profit per cent?
  21. 21.What is 45% of 860?
  22. 22.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
  23. 23.The price of a pair of shoes changed from ₹200 to ₹120. What is the percentage decrease?
  24. 24.A mobile phone bought for ₹3500 is sold for ₹3850. What is the profit per cent?
  25. 25.A shopkeeper buys a watch for ₹950 and sells it for ₹940. What is the loss (in ₹)?
  26. 26.What is 60% of 40?
  27. 27.A shopkeeper buys a fan for ₹1500 and sells it for ₹1260. What is the loss (in ₹)?
  28. 28.The price of a school bag changed from ₹100 to ₹140. What is the percentage increase?
  29. 29.What is the simple interest on ₹9500 at 7% per year for 2 years (in ₹)?
  30. 30.A fan bought for ₹2000 is sold for ₹2100. What is the profit per cent?
  31. 31.What is 60% of 580?
  32. 32.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹2920. What is the loss (in ₹)?
  33. 33.What is the simple interest on ₹3500 at 5% per year for 3 years (in ₹)?
  34. 34.A cycle bought for ₹2300 is sold for ₹2415. What is the profit per cent?
  35. 35.What is the simple interest on ₹900 at 6% per year for 5 years (in ₹)?
  36. 36.A cycle bought for ₹200 is sold for ₹140. What is the loss per cent?
  37. 37.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹2250. What is the profit (in ₹)?
  38. 38.A cycle bought for ₹200 is sold for ₹260. What is the profit per cent?
  39. 39.A watch costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹9900 at 11% per year for 5 years (in ₹)?

Answer key

  1. 80
  2. 530
  3. 20
  4. 240
  5. 30
  6. 100
  7. 496
  8. 10
  9. 2210
  10. 50
  11. 190
  12. 890
  13. 924
  14. 30
  15. 30
  16. 50
  17. 437
  18. 12
  19. 140
  20. 25
  21. 387
  22. 60
  23. 40
  24. 10
  25. 10
  26. 24
  27. 240
  28. 40
  29. 1330
  30. 5
  31. 348
  32. 80
  33. 525
  34. 5
  35. 270
  36. 30
  37. 300
  38. 30
  39. 1650
  40. 5445

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