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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 59 · 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 40% of 1000?
  2. 2.What is 75% of 620?
  3. 3.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
  4. 4.A shopkeeper buys a table for ₹200 and sells it for ₹190. What is the loss (in ₹)?
  5. 5.A fan costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1360. What is the loss (in ₹)?
  7. 7.What is the simple interest on ₹7200 at 9% per year for 3 years (in ₹)?
  8. 8.What is the simple interest on ₹3300 at 11% per year for 4 years (in ₹)?
  9. 9.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  10. 10.A sewing machine costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.A cooler bought for ₹2400 is sold for ₹3120. What is the profit per cent?
  12. 12.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 3 years (in ₹)?
  13. 13.The price of a water bottle changed from ₹400 to ₹520. What is the percentage increase?
  14. 14.A shopkeeper buys a cooler for ₹200 and sells it for ₹390. What is the profit (in ₹)?
  15. 15.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
  16. 16.A table bought for ₹400 is sold for ₹200. What is the loss per cent?
  17. 17.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
  18. 18.A cooler costs ₹3900. It is sold at a 5% loss. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹4600 at 4% per year for 1 year (in ₹)?
  20. 20.What is 10% of 260?
  21. 21.A cooler bought for ₹2000 is sold for ₹2240. What is the profit per cent?
  22. 22.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
  23. 23.What is the simple interest on ₹4900 at 8% per year for 3 years (in ₹)?
  24. 24.What is the simple interest on ₹2400 at 12% per year for 3 years (in ₹)?
  25. 25.A shopkeeper buys a table for ₹1900 and sells it for ₹1930. What is the profit (in ₹)?
  26. 26.What is 10% of 380?
  27. 27.A shopkeeper buys a cooler for ₹2900 and sells it for ₹3000. What is the profit (in ₹)?
  28. 28.A sewing machine costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
  29. 29.A cricket kit bought for ₹1000 is sold for ₹1300. What is the profit per cent?
  30. 30.What is the simple interest on ₹5900 at 11% per year for 5 years (in ₹)?
  31. 31.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2120. What is the loss (in ₹)?
  32. 32.A mobile phone costs ₹1700. It is sold at a 15% loss. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1990. What is the profit (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹9300 at 6% per year for 4 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹9000 at 7% per year for 1 year (in ₹)?
  36. 36.A table costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹8000 at 6% per year for 5 years (in ₹)?
  38. 38.What is the simple interest on ₹7900 at 3% per year for 1 year (in ₹)?
  39. 39.The price of a cricket ball changed from ₹40 to ₹52. What is the percentage increase?
  40. 40.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 4 years (in ₹)?

Answer key

  1. 400
  2. 465
  3. 40
  4. 10
  5. 425
  6. 140
  7. 1944
  8. 1452
  9. 20
  10. 1820
  11. 30
  12. 1962
  13. 30
  14. 190
  15. 80
  16. 50
  17. 5
  18. 3705
  19. 184
  20. 26
  21. 12
  22. 20
  23. 1176
  24. 864
  25. 30
  26. 38
  27. 100
  28. 550
  29. 30
  30. 3245
  31. 80
  32. 1445
  33. 140
  34. 11532
  35. 9630
  36. 3410
  37. 10400
  38. 237
  39. 30
  40. 8064

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