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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 729 · 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 ₹40 to ₹16. What is the percentage decrease?
  2. 2.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 3 years (in ₹)?
  3. 3.What is 5% of 360?
  4. 4.What is 75% of 400?
  5. 5.What is the amount (principal + simple interest) on ₹3200 at 12% per year for 4 years (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2380. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹1930. What is the loss (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 5 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5800 at 11% per year for 1 year (in ₹)?
  10. 10.A sewing machine bought for ₹3800 is sold for ₹4940. What is the profit per cent?
  11. 11.The price of a cricket ball changed from ₹20 to ₹35. What is the percentage increase?
  12. 12.A sewing machine costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹1000 and sells it for ₹1080. What is the profit (in ₹)?
  14. 14.A cooler costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 4 years (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹500 to ₹650. What is the percentage increase?
  17. 17.What is the amount (principal + simple interest) on ₹700 at 7% per year for 1 year (in ₹)?
  18. 18.What is the simple interest on ₹1200 at 7% per year for 1 year (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹1950 and sells it for ₹1720. What is the loss (in ₹)?
  20. 20.What is 60% of 940?
  21. 21.A sewing machine costs ₹2200. It is sold at a 5% loss. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹550 and sells it for ₹290. What is the loss (in ₹)?
  23. 23.The price of a bus pass changed from ₹500 to ₹200. What is the percentage decrease?
  24. 24.A shopkeeper buys a cycle for ₹400 and sells it for ₹510. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2800 at 9% per year for 5 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹9000 at 10% per year for 1 year (in ₹)?
  27. 27.A shopkeeper buys a fan for ₹2000 and sells it for ₹1730. What is the loss (in ₹)?
  28. 28.What is 65% of 700?
  29. 29.What is 85% of 440?
  30. 30.A cooler costs ₹400. It is sold at a 30% profit. What is the selling price (in ₹)?
  31. 31.A sewing machine costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
  32. 32.A cycle costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹2050 and sells it for ₹2260. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹8800 at 3% per year for 1 year (in ₹)?
  35. 35.A cooler costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹2950 and sells it for ₹2700. What is the loss (in ₹)?
  37. 37.What is the simple interest on ₹7600 at 5% per year for 1 year (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹1950 and sells it for ₹2140. What is the profit (in ₹)?
  39. 39.A table costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹3700 at 9% per year for 4 years (in ₹)?

Answer key

  1. 60
  2. 2660
  3. 18
  4. 300
  5. 4736
  6. 170
  7. 20
  8. 7375
  9. 6438
  10. 30
  11. 75
  12. 300
  13. 80
  14. 1140
  15. 3136
  16. 30
  17. 749
  18. 84
  19. 230
  20. 564
  21. 2090
  22. 260
  23. 60
  24. 110
  25. 4060
  26. 9900
  27. 270
  28. 455
  29. 374
  30. 520
  31. 255
  32. 4144
  33. 210
  34. 264
  35. 2760
  36. 250
  37. 380
  38. 190
  39. 1520
  40. 5032

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