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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 724 · 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 ₹16. What is the percentage decrease?
  2. 2.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
  3. 3.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2360. What is the profit (in ₹)?
  4. 4.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
  5. 5.What is the simple interest on ₹3900 at 11% per year for 4 years (in ₹)?
  6. 6.A cooler costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
  7. 7.A cricket kit bought for ₹2200 is sold for ₹2750. What is the profit per cent?
  8. 8.A cricket kit bought for ₹3400 is sold for ₹3570. What is the profit per cent?
  9. 9.What is the simple interest on ₹8100 at 10% per year for 5 years (in ₹)?
  10. 10.What is 55% of 920?
  11. 11.A sewing machine bought for ₹600 is sold for ₹780. What is the profit per cent?
  12. 12.What is the simple interest on ₹8400 at 6% per year for 5 years (in ₹)?
  13. 13.What is the simple interest on ₹5900 at 7% per year for 5 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹7700 at 3% per year for 5 years (in ₹)?
  15. 15.A cooler bought for ₹1700 is sold for ₹2380. What is the profit per cent?
  16. 16.What is the simple interest on ₹3200 at 12% per year for 5 years (in ₹)?
  17. 17.A shopkeeper buys a table for ₹900 and sells it for ₹680. What is the loss (in ₹)?
  18. 18.What is 65% of 440?
  19. 19.What is 65% of 280?
  20. 20.What is the amount (principal + simple interest) on ₹4800 at 12% per year for 5 years (in ₹)?
  21. 21.What is 75% of 560?
  22. 22.A cricket kit costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹7200 at 11% per year for 5 years (in ₹)?
  24. 24.What is the simple interest on ₹600 at 3% per year for 3 years (in ₹)?
  25. 25.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹700. What is the loss (in ₹)?
  26. 26.What is the simple interest on ₹9000 at 6% per year for 5 years (in ₹)?
  27. 27.A sewing machine costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
  28. 28.The price of a bus pass changed from ₹500 to ₹100. What is the percentage decrease?
  29. 29.A fan bought for ₹3300 is sold for ₹2904. What is the loss per cent?
  30. 30.What is 60% of 980?
  31. 31.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹1850. What is the loss (in ₹)?
  32. 32.A sewing machine bought for ₹1400 is sold for ₹1190. What is the loss per cent?
  33. 33.A shopkeeper buys a table for ₹2850 and sells it for ₹2930. What is the profit (in ₹)?
  34. 34.What is 40% of 480?
  35. 35.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
  36. 36.What is the simple interest on ₹10000 at 8% per year for 1 year (in ₹)?
  37. 37.A cricket kit bought for ₹900 is sold for ₹765. What is the loss per cent?
  38. 38.What is the amount (principal + simple interest) on ₹3900 at 5% per year for 5 years (in ₹)?
  39. 39.What is 25% of 460?
  40. 40.What is 80% of 760?

Answer key

  1. 80
  2. 75
  3. 210
  4. 10
  5. 1716
  6. 3168
  7. 25
  8. 5
  9. 4050
  10. 506
  11. 30
  12. 2520
  13. 2065
  14. 8855
  15. 40
  16. 1920
  17. 220
  18. 286
  19. 182
  20. 7680
  21. 420
  22. 784
  23. 3960
  24. 54
  25. 250
  26. 2700
  27. 665
  28. 80
  29. 12
  30. 588
  31. 300
  32. 15
  33. 80
  34. 192
  35. 10
  36. 800
  37. 15
  38. 4875
  39. 115
  40. 608

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