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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 736 · 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 30% of 600?
  2. 2.The price of a cricket ball changed from ₹80 to ₹40. What is the percentage decrease?
  3. 3.What is the simple interest on ₹9700 at 11% per year for 2 years (in ₹)?
  4. 4.A table bought for ₹1200 is sold for ₹840. What is the loss per cent?
  5. 5.A mobile phone costs ₹1000. It is sold at a 12% profit. What is the selling price (in ₹)?
  6. 6.The price of a box of mangoes changed from ₹80 to ₹96. What is the percentage increase?
  7. 7.A shopkeeper buys a watch for ₹1550 and sells it for ₹1420. What is the loss (in ₹)?
  8. 8.A cricket kit costs ₹2600. It is sold at a 20% profit. What is the selling price (in ₹)?
  9. 9.A table bought for ₹800 is sold for ₹1040. What is the profit per cent?
  10. 10.What is the amount (principal + simple interest) on ₹3800 at 8% per year for 4 years (in ₹)?
  11. 11.What is the simple interest on ₹2400 at 8% per year for 2 years (in ₹)?
  12. 12.What is 70% of 800?
  13. 13.The price of a cricket ball changed from ₹500 to ₹800. What is the percentage increase?
  14. 14.A cooler costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹900 at 11% per year for 1 year (in ₹)?
  16. 16.What is 25% of 180?
  17. 17.What is 65% of 260?
  18. 18.What is 70% of 620?
  19. 19.What is 30% of 840?
  20. 20.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
  21. 21.What is the simple interest on ₹500 at 3% per year for 3 years (in ₹)?
  22. 22.The price of a cricket ball changed from ₹400 to ₹300. What is the percentage decrease?
  23. 23.What is the amount (principal + simple interest) on ₹6900 at 11% per year for 1 year (in ₹)?
  24. 24.A watch bought for ₹3300 is sold for ₹2970. What is the loss per cent?
  25. 25.The price of a school bag changed from ₹400 to ₹100. What is the percentage decrease?
  26. 26.A watch costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹2000 at 7% per year for 2 years (in ₹)?
  28. 28.A mobile phone bought for ₹800 is sold for ₹960. What is the profit per cent?
  29. 29.A cooler bought for ₹3300 is sold for ₹3630. What is the profit per cent?
  30. 30.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
  31. 31.A watch costs ₹2300. It is sold at a 40% profit. What is the selling price (in ₹)?
  32. 32.The price of a pair of shoes changed from ₹400 to ₹480. What is the percentage increase?
  33. 33.A mobile phone costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 2 years (in ₹)?
  35. 35.A shopkeeper buys a sewing machine for ₹3000 and sells it for ₹2740. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹1500 and sells it for ₹1680. What is the profit (in ₹)?
  37. 37.The price of a box of mangoes changed from ₹80 to ₹60. What is the percentage decrease?
  38. 38.What is the amount (principal + simple interest) on ₹8200 at 11% per year for 5 years (in ₹)?
  39. 39.A sewing machine bought for ₹200 is sold for ₹240. What is the profit per cent?
  40. 40.A watch costs ₹2700. It is sold at a 15% profit. What is the selling price (in ₹)?

Answer key

  1. 180
  2. 50
  3. 2134
  4. 30
  5. 1120
  6. 20
  7. 130
  8. 3120
  9. 30
  10. 5016
  11. 384
  12. 560
  13. 60
  14. 1500
  15. 99
  16. 45
  17. 169
  18. 434
  19. 252
  20. 40
  21. 45
  22. 25
  23. 7659
  24. 10
  25. 75
  26. 3145
  27. 2280
  28. 20
  29. 10
  30. 40
  31. 3220
  32. 20
  33. 2970
  34. 7314
  35. 260
  36. 180
  37. 25
  38. 12710
  39. 20
  40. 3105

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