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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 777 · 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 water bottle changed from ₹40 to ₹48. What is the percentage increase?
  2. 2.What is the simple interest on ₹2600 at 7% per year for 2 years (in ₹)?
  3. 3.What is 75% of 920?
  4. 4.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1750. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹9600 at 10% per year for 5 years (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2480. What is the profit (in ₹)?
  7. 7.A sewing machine costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
  8. 8.What is 75% of 220?
  9. 9.The price of a school bag changed from ₹200 to ₹350. What is the percentage increase?
  10. 10.A cooler costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.The price of a bus pass changed from ₹100 to ₹98. What is the percentage decrease?
  12. 12.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
  13. 13.The price of a box of mangoes changed from ₹50 to ₹95. What is the percentage increase?
  14. 14.A mobile phone bought for ₹3400 is sold for ₹3230. What is the loss per cent?
  15. 15.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹860. What is the loss (in ₹)?
  16. 16.A watch costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
  17. 17.What is 55% of 480?
  18. 18.What is 30% of 940?
  19. 19.A shopkeeper buys a fan for ₹650 and sells it for ₹490. What is the loss (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  21. 21.A mobile phone costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹40 to ₹32. What is the percentage decrease?
  23. 23.The price of a bus pass changed from ₹400 to ₹240. What is the percentage decrease?
  24. 24.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 1 year (in ₹)?
  25. 25.A table costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a cooler for ₹750 and sells it for ₹820. What is the profit (in ₹)?
  27. 27.A watch costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
  28. 28.A cycle costs ₹2900. It is sold at a 5% loss. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹9400 at 7% per year for 5 years (in ₹)?
  30. 30.A watch bought for ₹3900 is sold for ₹4680. What is the profit per cent?
  31. 31.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹8700 at 8% per year for 1 year (in ₹)?
  33. 33.What is the simple interest on ₹5200 at 9% per year for 2 years (in ₹)?
  34. 34.What is 20% of 200?
  35. 35.A watch costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹1200 at 12% per year for 3 years (in ₹)?
  37. 37.A table costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1450. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹8800 at 3% per year for 1 year (in ₹)?
  40. 40.What is 40% of 860?

Answer key

  1. 20
  2. 364
  3. 690
  4. 250
  5. 14400
  6. 280
  7. 896
  8. 165
  9. 75
  10. 4480
  11. 2
  12. 10
  13. 90
  14. 5
  15. 190
  16. 2660
  17. 264
  18. 282
  19. 160
  20. 80
  21. 180
  22. 20
  23. 40
  24. 1120
  25. 910
  26. 70
  27. 2400
  28. 2755
  29. 3290
  30. 20
  31. 10
  32. 9396
  33. 936
  34. 40
  35. 3570
  36. 1632
  37. 4340
  38. 100
  39. 264
  40. 344

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