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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 683 · 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 the amount (principal + simple interest) on ₹9700 at 7% per year for 1 year (in ₹)?
  2. 2.A sewing machine costs ₹1400. It is sold at a 15% profit. What is the selling price (in ₹)?
  3. 3.A fan bought for ₹3600 is sold for ₹4500. What is the profit per cent?
  4. 4.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
  5. 5.What is 85% of 840?
  6. 6.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1650. What is the profit (in ₹)?
  7. 7.What is 65% of 460?
  8. 8.What is 60% of 780?
  9. 9.A cooler costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1610. What is the profit (in ₹)?
  11. 11.A table costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
  12. 12.A cricket kit costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
  13. 13.A watch costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
  14. 14.The price of a bus pass changed from ₹500 to ₹525. What is the percentage increase?
  15. 15.The price of a box of mangoes changed from ₹20 to ₹4. What is the percentage decrease?
  16. 16.What is 85% of 60?
  17. 17.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 3 years (in ₹)?
  18. 18.What is the simple interest on ₹4300 at 2% per year for 4 years (in ₹)?
  19. 19.A shopkeeper buys a table for ₹2750 and sells it for ₹2470. What is the loss (in ₹)?
  20. 20.What is 40% of 980?
  21. 21.The price of a pair of shoes changed from ₹40 to ₹4. What is the percentage decrease?
  22. 22.What is the amount (principal + simple interest) on ₹600 at 4% per year for 4 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹7900 at 6% per year for 1 year (in ₹)?
  24. 24.A cooler bought for ₹2200 is sold for ₹1870. What is the loss per cent?
  25. 25.What is 40% of 920?
  26. 26.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹860. What is the profit (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 1 year (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹2500 at 2% per year for 4 years (in ₹)?
  29. 29.What is the simple interest on ₹5500 at 4% per year for 1 year (in ₹)?
  30. 30.What is the simple interest on ₹500 at 7% per year for 3 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹700 at 4% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹7800 at 4% per year for 3 years (in ₹)?
  33. 33.What is the simple interest on ₹3800 at 12% per year for 1 year (in ₹)?
  34. 34.The price of a water bottle changed from ₹80 to ₹96. What is the percentage increase?
  35. 35.The price of a water bottle changed from ₹400 to ₹300. What is the percentage decrease?
  36. 36.A mobile phone bought for ₹900 is sold for ₹720. What is the loss per cent?
  37. 37.What is 5% of 180?
  38. 38.A cricket kit costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
  39. 39.A fan costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
  40. 40.The price of a cricket ball changed from ₹400 to ₹240. What is the percentage decrease?

Answer key

  1. 10379
  2. 1610
  3. 25
  4. 25
  5. 714
  6. 300
  7. 299
  8. 468
  9. 1520
  10. 10
  11. 3150
  12. 180
  13. 550
  14. 5
  15. 80
  16. 51
  17. 9540
  18. 344
  19. 280
  20. 392
  21. 90
  22. 696
  23. 8374
  24. 15
  25. 368
  26. 160
  27. 7140
  28. 2700
  29. 220
  30. 105
  31. 812
  32. 936
  33. 456
  34. 20
  35. 25
  36. 20
  37. 9
  38. 180
  39. 850
  40. 40

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