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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 562 · 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 ₹80 to ₹20. What is the percentage decrease?
  2. 2.What is 90% of 460?
  3. 3.What is the amount (principal + simple interest) on ₹5600 at 4% per year for 2 years (in ₹)?
  4. 4.What is 45% of 800?
  5. 5.What is 60% of 120?
  6. 6.What is 35% of 380?
  7. 7.A fan bought for ₹900 is sold for ₹1125. What is the profit per cent?
  8. 8.A mobile phone bought for ₹3300 is sold for ₹3795. What is the profit per cent?
  9. 9.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 3 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 5 years (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹1150 and sells it for ₹1090. What is the loss (in ₹)?
  12. 12.The price of a school bag changed from ₹40 to ₹48. What is the percentage increase?
  13. 13.A mobile phone bought for ₹3600 is sold for ₹3168. What is the loss per cent?
  14. 14.The price of a school bag changed from ₹500 to ₹400. What is the percentage decrease?
  15. 15.What is the amount (principal + simple interest) on ₹1100 at 12% per year for 2 years (in ₹)?
  16. 16.A shopkeeper buys a watch for ₹2100 and sells it for ₹2260. What is the profit (in ₹)?
  17. 17.The price of a water bottle changed from ₹20 to ₹35. What is the percentage increase?
  18. 18.A shopkeeper buys a watch for ₹2300 and sells it for ₹2530. What is the profit (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹500 and sells it for ₹560. What is the profit (in ₹)?
  20. 20.What is 10% of 600?
  21. 21.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 2 years (in ₹)?
  22. 22.What is the simple interest on ₹3700 at 10% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹170. What is the loss (in ₹)?
  24. 24.What is 5% of 680?
  25. 25.A fan bought for ₹600 is sold for ₹570. What is the loss per cent?
  26. 26.A watch bought for ₹3800 is sold for ₹5320. What is the profit per cent?
  27. 27.What is 95% of 620?
  28. 28.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 3 years (in ₹)?
  29. 29.A cooler bought for ₹1800 is sold for ₹2160. What is the profit per cent?
  30. 30.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1950. What is the profit (in ₹)?
  31. 31.What is 15% of 380?
  32. 32.What is 90% of 220?
  33. 33.A cricket kit costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  34. 34.A table bought for ₹600 is sold for ₹630. What is the profit per cent?
  35. 35.What is the simple interest on ₹2600 at 6% per year for 4 years (in ₹)?
  36. 36.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹2810. What is the loss (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹40 to ₹42. What is the percentage increase?
  38. 38.What is the simple interest on ₹5200 at 3% per year for 5 years (in ₹)?
  39. 39.A mobile phone costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a watch for ₹950 and sells it for ₹1130. What is the profit (in ₹)?

Answer key

  1. 75
  2. 414
  3. 6048
  4. 360
  5. 72
  6. 133
  7. 25
  8. 15
  9. 1180
  10. 1725
  11. 60
  12. 20
  13. 12
  14. 20
  15. 1364
  16. 160
  17. 75
  18. 230
  19. 60
  20. 60
  21. 6864
  22. 1110
  23. 130
  24. 34
  25. 5
  26. 40
  27. 589
  28. 3498
  29. 20
  30. 200
  31. 57
  32. 198
  33. 1344
  34. 5
  35. 624
  36. 140
  37. 5
  38. 780
  39. 4025
  40. 180

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