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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 563 · 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 ₹50 to ₹40. What is the percentage decrease?
  2. 2.What is the simple interest on ₹9700 at 12% per year for 2 years (in ₹)?
  3. 3.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2530. What is the profit (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 5 years (in ₹)?
  5. 5.What is the simple interest on ₹1700 at 4% per year for 1 year (in ₹)?
  6. 6.A shopkeeper buys a table for ₹250 and sells it for ₹390. What is the profit (in ₹)?
  7. 7.The price of a cricket ball changed from ₹80 to ₹96. What is the percentage increase?
  8. 8.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 1 year (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹180. What is the loss (in ₹)?
  10. 10.What is the simple interest on ₹9600 at 3% per year for 2 years (in ₹)?
  11. 11.What is 45% of 600?
  12. 12.The price of a pair of shoes changed from ₹250 to ₹255. What is the percentage increase?
  13. 13.A sewing machine costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹5300 at 6% per year for 2 years (in ₹)?
  15. 15.A fan bought for ₹3200 is sold for ₹4800. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹1000 at 11% per year for 2 years (in ₹)?
  17. 17.What is the simple interest on ₹4200 at 10% per year for 2 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 3 years (in ₹)?
  19. 19.The price of a bus pass changed from ₹80 to ₹140. What is the percentage increase?
  20. 20.What is 10% of 600?
  21. 21.The price of a pair of shoes changed from ₹20 to ₹19. What is the percentage decrease?
  22. 22.What is the amount (principal + simple interest) on ₹500 at 12% per year for 2 years (in ₹)?
  23. 23.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1390. What is the loss (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 1 year (in ₹)?
  25. 25.The price of a water bottle changed from ₹25 to ₹5. What is the percentage decrease?
  26. 26.What is 75% of 980?
  27. 27.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
  28. 28.The price of a box of mangoes changed from ₹50 to ₹65. What is the percentage increase?
  29. 29.The price of a cricket ball changed from ₹20 to ₹38. What is the percentage increase?
  30. 30.What is 75% of 580?
  31. 31.What is the amount (principal + simple interest) on ₹1200 at 2% per year for 2 years (in ₹)?
  32. 32.The price of a pair of shoes changed from ₹100 to ₹102. What is the percentage increase?
  33. 33.A shopkeeper buys a table for ₹700 and sells it for ₹910. What is the profit (in ₹)?
  34. 34.A table bought for ₹3400 is sold for ₹3060. What is the loss per cent?
  35. 35.The price of a water bottle changed from ₹25 to ₹40. What is the percentage increase?
  36. 36.A fan costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
  37. 37.A fan bought for ₹3000 is sold for ₹2640. What is the loss per cent?
  38. 38.The price of a bus pass changed from ₹50 to ₹45. What is the percentage decrease?
  39. 39.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
  40. 40.What is the simple interest on ₹8300 at 8% per year for 2 years (in ₹)?

Answer key

  1. 20
  2. 2328
  3. 180
  4. 1300
  5. 68
  6. 140
  7. 20
  8. 10656
  9. 20
  10. 576
  11. 270
  12. 2
  13. 1275
  14. 5936
  15. 50
  16. 1220
  17. 840
  18. 13300
  19. 75
  20. 60
  21. 5
  22. 620
  23. 210
  24. 1976
  25. 80
  26. 735
  27. 10
  28. 30
  29. 90
  30. 435
  31. 1248
  32. 2
  33. 210
  34. 10
  35. 60
  36. 920
  37. 12
  38. 10
  39. 40
  40. 1328

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