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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 656 · 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 watch costs ₹700. It is sold at a 20% profit. What is the selling price (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹100 to ₹60. What is the percentage decrease?
  3. 3.What is the amount (principal + simple interest) on ₹6300 at 10% per year for 1 year (in ₹)?
  4. 4.What is 90% of 740?
  5. 5.What is the simple interest on ₹2500 at 4% per year for 3 years (in ₹)?
  6. 6.The price of a school bag changed from ₹400 to ₹396. What is the percentage decrease?
  7. 7.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2360. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹8400 at 6% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹440. What is the profit (in ₹)?
  10. 10.The price of a box of mangoes changed from ₹250 to ₹100. What is the percentage decrease?
  11. 11.A mobile phone bought for ₹1100 is sold for ₹880. What is the loss per cent?
  12. 12.A shopkeeper buys a watch for ₹900 and sells it for ₹1080. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2230. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a fan for ₹350 and sells it for ₹510. What is the profit (in ₹)?
  15. 15.What is 5% of 620?
  16. 16.What is the simple interest on ₹4800 at 9% per year for 1 year (in ₹)?
  17. 17.The price of a box of mangoes changed from ₹80 to ₹104. What is the percentage increase?
  18. 18.What is the simple interest on ₹2700 at 5% per year for 4 years (in ₹)?
  19. 19.What is 30% of 420?
  20. 20.The price of a water bottle changed from ₹50 to ₹80. What is the percentage increase?
  21. 21.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹960. What is the loss (in ₹)?
  22. 22.What is 65% of 720?
  23. 23.What is the simple interest on ₹2600 at 3% per year for 3 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹6500 at 4% per year for 2 years (in ₹)?
  25. 25.A cricket kit bought for ₹3600 is sold for ₹2160. What is the loss per cent?
  26. 26.What is the simple interest on ₹2300 at 2% per year for 4 years (in ₹)?
  27. 27.A fan costs ₹2900. It is sold at a 40% profit. What is the selling price (in ₹)?
  28. 28.A table costs ₹1300. It is sold at a 12% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 5 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹5100 at 11% per year for 3 years (in ₹)?
  31. 31.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1590. What is the profit (in ₹)?
  32. 32.What is 65% of 140?
  33. 33.What is the simple interest on ₹8800 at 9% per year for 4 years (in ₹)?
  34. 34.A cooler bought for ₹3400 is sold for ₹3570. What is the profit per cent?
  35. 35.The price of a water bottle changed from ₹80 to ₹120. What is the percentage increase?
  36. 36.A shopkeeper buys a table for ₹500 and sells it for ₹630. What is the profit (in ₹)?
  37. 37.What is 95% of 160?
  38. 38.What is the amount (principal + simple interest) on ₹5400 at 10% per year for 3 years (in ₹)?
  39. 39.A cooler bought for ₹1100 is sold for ₹1232. What is the profit per cent?
  40. 40.The price of a bus pass changed from ₹500 to ₹625. What is the percentage increase?

Answer key

  1. 840
  2. 40
  3. 6930
  4. 666
  5. 300
  6. 1
  7. 290
  8. 1512
  9. 140
  10. 60
  11. 20
  12. 180
  13. 80
  14. 160
  15. 31
  16. 432
  17. 30
  18. 540
  19. 126
  20. 60
  21. 240
  22. 468
  23. 234
  24. 7020
  25. 40
  26. 184
  27. 4060
  28. 1456
  29. 12000
  30. 6783
  31. 290
  32. 91
  33. 3168
  34. 5
  35. 50
  36. 130
  37. 152
  38. 7020
  39. 12
  40. 25

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