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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 70 · 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 school bag changed from ₹80 to ₹64. What is the percentage decrease?
  2. 2.What is the simple interest on ₹3300 at 2% per year for 4 years (in ₹)?
  3. 3.A cooler costs ₹200. It is sold at a 50% loss. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹7000 at 11% per year for 4 years (in ₹)?
  5. 5.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
  6. 6.What is the simple interest on ₹5000 at 3% per year for 3 years (in ₹)?
  7. 7.A cycle bought for ₹1500 is sold for ₹2250. What is the profit per cent?
  8. 8.The price of a school bag changed from ₹400 to ₹600. What is the percentage increase?
  9. 9.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
  10. 10.A table costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  11. 11.The price of a cricket ball changed from ₹400 to ₹440. What is the percentage increase?
  12. 12.What is 40% of 960?
  13. 13.What is 95% of 340?
  14. 14.What is the simple interest on ₹6300 at 2% per year for 2 years (in ₹)?
  15. 15.What is 30% of 680?
  16. 16.A mobile phone costs ₹3500. It is sold at a 12% loss. What is the selling price (in ₹)?
  17. 17.What is 30% of 80?
  18. 18.What is the simple interest on ₹6800 at 4% per year for 2 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹5800 at 2% per year for 2 years (in ₹)?
  20. 20.A table costs ₹3600. It is sold at a 40% profit. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 1 year (in ₹)?
  22. 22.What is 5% of 40?
  23. 23.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2490. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a fan for ₹1550 and sells it for ₹1520. What is the loss (in ₹)?
  25. 25.A shopkeeper buys a watch for ₹450 and sells it for ₹350. What is the loss (in ₹)?
  26. 26.What is the simple interest on ₹4600 at 10% per year for 1 year (in ₹)?
  27. 27.A cycle costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  28. 28.What is 80% of 980?
  29. 29.A mobile phone costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹20 to ₹35. What is the percentage increase?
  31. 31.The price of a box of mangoes changed from ₹200 to ₹190. What is the percentage decrease?
  32. 32.What is 85% of 40?
  33. 33.A cricket kit bought for ₹4000 is sold for ₹4600. What is the profit per cent?
  34. 34.What is the amount (principal + simple interest) on ₹7700 at 3% per year for 2 years (in ₹)?
  35. 35.A cricket kit costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2100 at 10% per year for 1 year (in ₹)?
  37. 37.What is the simple interest on ₹6300 at 5% per year for 3 years (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹900 and sells it for ₹760. What is the loss (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 5 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹2600 at 4% per year for 1 year (in ₹)?

Answer key

  1. 20
  2. 264
  3. 100
  4. 3080
  5. 3528
  6. 450
  7. 50
  8. 50
  9. 50
  10. 630
  11. 10
  12. 384
  13. 323
  14. 252
  15. 204
  16. 3080
  17. 24
  18. 544
  19. 6032
  20. 5040
  21. 2652
  22. 2
  23. 40
  24. 30
  25. 100
  26. 460
  27. 2970
  28. 784
  29. 2750
  30. 75
  31. 5
  32. 34
  33. 15
  34. 8162
  35. 1045
  36. 2310
  37. 945
  38. 140
  39. 2080
  40. 2704

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