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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 650 · 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 ₹20 to ₹21. What is the percentage increase?
  2. 2.What is the amount (principal + simple interest) on ₹9800 at 5% per year for 2 years (in ₹)?
  3. 3.A mobile phone bought for ₹2700 is sold for ₹3510. What is the profit per cent?
  4. 4.The price of a pair of shoes changed from ₹100 to ₹140. What is the percentage increase?
  5. 5.What is the amount (principal + simple interest) on ₹4600 at 10% per year for 2 years (in ₹)?
  6. 6.What is the simple interest on ₹4000 at 3% per year for 4 years (in ₹)?
  7. 7.What is the simple interest on ₹9500 at 5% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2460. What is the loss (in ₹)?
  9. 9.A mobile phone bought for ₹600 is sold for ₹510. What is the loss per cent?
  10. 10.A mobile phone costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.A fan bought for ₹2200 is sold for ₹2640. What is the profit per cent?
  12. 12.What is the simple interest on ₹4900 at 8% per year for 2 years (in ₹)?
  13. 13.The price of a cricket ball changed from ₹50 to ₹49. What is the percentage decrease?
  14. 14.What is the simple interest on ₹4600 at 5% per year for 3 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹7900 at 10% per year for 1 year (in ₹)?
  16. 16.What is the simple interest on ₹7700 at 8% per year for 4 years (in ₹)?
  17. 17.A fan costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
  18. 18.What is 55% of 540?
  19. 19.The price of a bus pass changed from ₹80 to ₹144. What is the percentage increase?
  20. 20.What is the simple interest on ₹3800 at 4% per year for 2 years (in ₹)?
  21. 21.The price of a box of mangoes changed from ₹100 to ₹80. What is the percentage decrease?
  22. 22.A cricket kit costs ₹1200. It is sold at a 10% profit. What is the selling price (in ₹)?
  23. 23.What is 15% of 120?
  24. 24.A cricket kit bought for ₹2800 is sold for ₹2100. What is the loss per cent?
  25. 25.A shopkeeper buys a fan for ₹2400 and sells it for ₹2320. What is the loss (in ₹)?
  26. 26.What is 5% of 560?
  27. 27.What is the amount (principal + simple interest) on ₹1400 at 6% per year for 2 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹2300 at 11% per year for 5 years (in ₹)?
  29. 29.A sewing machine bought for ₹300 is sold for ₹450. What is the profit per cent?
  30. 30.What is the simple interest on ₹2600 at 8% per year for 3 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹6800 at 3% per year for 3 years (in ₹)?
  32. 32.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹2190. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2490. What is the loss (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹7700 at 6% per year for 4 years (in ₹)?
  35. 35.A sewing machine bought for ₹3500 is sold for ₹2450. What is the loss per cent?
  36. 36.What is the simple interest on ₹7900 at 10% per year for 5 years (in ₹)?
  37. 37.A cricket kit bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  38. 38.A shopkeeper buys a cricket kit for ₹300 and sells it for ₹400. What is the profit (in ₹)?
  39. 39.A mobile phone costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
  40. 40.A table bought for ₹3000 is sold for ₹1500. What is the loss per cent?

Answer key

  1. 5
  2. 10780
  3. 30
  4. 40
  5. 5520
  6. 480
  7. 475
  8. 40
  9. 15
  10. 1170
  11. 20
  12. 784
  13. 2
  14. 690
  15. 8690
  16. 2464
  17. 3625
  18. 297
  19. 80
  20. 304
  21. 20
  22. 1320
  23. 18
  24. 25
  25. 80
  26. 28
  27. 1568
  28. 3565
  29. 50
  30. 624
  31. 7412
  32. 240
  33. 210
  34. 9548
  35. 30
  36. 3950
  37. 10
  38. 100
  39. 880
  40. 50

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