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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 643 · 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 cricket ball changed from ₹200 to ₹250. What is the percentage increase?
  2. 2.What is 55% of 380?
  3. 3.What is 55% of 360?
  4. 4.A watch bought for ₹1400 is sold for ₹840. What is the loss per cent?
  5. 5.What is the amount (principal + simple interest) on ₹7600 at 7% per year for 1 year (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2570. What is the loss (in ₹)?
  7. 7.What is 40% of 340?
  8. 8.What is 65% of 700?
  9. 9.What is 25% of 580?
  10. 10.What is the amount (principal + simple interest) on ₹6700 at 4% per year for 1 year (in ₹)?
  11. 11.The price of a cricket ball changed from ₹250 to ₹400. What is the percentage increase?
  12. 12.A sewing machine costs ₹2400. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹1900 at 8% per year for 5 years (in ₹)?
  14. 14.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2290. What is the profit (in ₹)?
  15. 15.A shopkeeper buys a table for ₹1500 and sells it for ₹1660. What is the profit (in ₹)?
  16. 16.The price of a box of mangoes changed from ₹20 to ₹4. What is the percentage decrease?
  17. 17.What is 65% of 40?
  18. 18.A mobile phone costs ₹1100. It is sold at a 20% profit. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹5100 at 7% per year for 5 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹2400 at 5% per year for 1 year (in ₹)?
  21. 21.What is the simple interest on ₹3800 at 10% per year for 1 year (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹4400 at 6% per year for 5 years (in ₹)?
  23. 23.The price of a water bottle changed from ₹20 to ₹22. What is the percentage increase?
  24. 24.A cycle bought for ₹3000 is sold for ₹4200. What is the profit per cent?
  25. 25.What is the amount (principal + simple interest) on ₹900 at 10% per year for 1 year (in ₹)?
  26. 26.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
  27. 27.What is 30% of 460?
  28. 28.What is the amount (principal + simple interest) on ₹1100 at 5% per year for 5 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹5500 at 6% per year for 5 years (in ₹)?
  30. 30.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  31. 31.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1620. What is the loss (in ₹)?
  32. 32.What is the simple interest on ₹4800 at 7% per year for 1 year (in ₹)?
  33. 33.What is 25% of 860?
  34. 34.What is the simple interest on ₹5700 at 11% per year for 1 year (in ₹)?
  35. 35.A sewing machine costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.A cycle bought for ₹1300 is sold for ₹1235. What is the loss per cent?
  37. 37.What is the amount (principal + simple interest) on ₹6300 at 10% per year for 2 years (in ₹)?
  38. 38.A cycle bought for ₹1800 is sold for ₹2160. What is the profit per cent?
  39. 39.A cycle costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹9200 at 12% per year for 4 years (in ₹)?

Answer key

  1. 25
  2. 209
  3. 198
  4. 40
  5. 8132
  6. 130
  7. 136
  8. 455
  9. 145
  10. 6968
  11. 60
  12. 2688
  13. 760
  14. 40
  15. 160
  16. 80
  17. 26
  18. 1320
  19. 6885
  20. 2520
  21. 380
  22. 5720
  23. 10
  24. 40
  25. 990
  26. 20
  27. 138
  28. 1375
  29. 7150
  30. 20
  31. 280
  32. 336
  33. 215
  34. 627
  35. 1650
  36. 5
  37. 7560
  38. 20
  39. 2340
  40. 4416

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