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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 640 · 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.A fan costs ₹1600. It is sold at a 50% loss. What is the selling price (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
  3. 3.The price of a water bottle changed from ₹200 to ₹240. What is the percentage increase?
  4. 4.What is the simple interest on ₹1500 at 8% per year for 5 years (in ₹)?
  5. 5.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹410. What is the loss (in ₹)?
  6. 6.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1170. What is the profit (in ₹)?
  7. 7.A table bought for ₹3000 is sold for ₹2640. What is the loss per cent?
  8. 8.A table bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  9. 9.What is 70% of 840?
  10. 10.What is 25% of 920?
  11. 11.A shopkeeper buys a fan for ₹550 and sells it for ₹400. What is the loss (in ₹)?
  12. 12.The price of a cricket ball changed from ₹40 to ₹32. What is the percentage decrease?
  13. 13.What is the amount (principal + simple interest) on ₹9200 at 5% per year for 5 years (in ₹)?
  14. 14.What is 95% of 240?
  15. 15.The price of a water bottle changed from ₹200 to ₹150. What is the percentage decrease?
  16. 16.The price of a water bottle changed from ₹250 to ₹300. What is the percentage increase?
  17. 17.What is the simple interest on ₹1000 at 10% per year for 2 years (in ₹)?
  18. 18.A shopkeeper buys a fan for ₹2350 and sells it for ₹2560. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹2200 at 10% per year for 4 years (in ₹)?
  20. 20.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  21. 21.A table costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹7100 at 6% per year for 4 years (in ₹)?
  23. 23.A cooler costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
  24. 24.A cooler costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
  25. 25.A sewing machine bought for ₹3700 is sold for ₹5180. What is the profit per cent?
  26. 26.A cycle costs ₹1700. It is sold at a 10% profit. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹500 at 7% per year for 2 years (in ₹)?
  28. 28.What is the simple interest on ₹6000 at 5% per year for 2 years (in ₹)?
  29. 29.What is 70% of 280?
  30. 30.What is the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹8300 at 6% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹8900 at 2% per year for 3 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹6100 at 12% per year for 5 years (in ₹)?
  34. 34.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
  35. 35.A watch costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.A mobile phone costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹9100 at 2% per year for 2 years (in ₹)?
  38. 38.The price of a pair of shoes changed from ₹400 to ₹80. What is the percentage decrease?
  39. 39.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2560. What is the loss (in ₹)?
  40. 40.What is the simple interest on ₹4000 at 7% per year for 3 years (in ₹)?

Answer key

  1. 800
  2. 20
  3. 20
  4. 600
  5. 90
  6. 170
  7. 12
  8. 5
  9. 588
  10. 230
  11. 150
  12. 20
  13. 11500
  14. 228
  15. 25
  16. 20
  17. 200
  18. 210
  19. 880
  20. 60
  21. 440
  22. 8804
  23. 480
  24. 2475
  25. 40
  26. 1870
  27. 70
  28. 600
  29. 196
  30. 800
  31. 10292
  32. 534
  33. 9760
  34. 30
  35. 4480
  36. 1000
  37. 9464
  38. 80
  39. 40
  40. 840

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