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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 78 · 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 ₹25 to ₹5. What is the percentage decrease?
  2. 2.A cricket kit costs ₹2600. It is sold at a 10% profit. What is the selling price (in ₹)?
  3. 3.A cricket kit costs ₹300. It is sold at a 12% loss. What is the selling price (in ₹)?
  4. 4.A watch bought for ₹2800 is sold for ₹2520. What is the loss per cent?
  5. 5.What is the simple interest on ₹1400 at 2% per year for 2 years (in ₹)?
  6. 6.What is 35% of 220?
  7. 7.What is the amount (principal + simple interest) on ₹6600 at 8% per year for 5 years (in ₹)?
  8. 8.The price of a bus pass changed from ₹20 to ₹8. What is the percentage decrease?
  9. 9.A shopkeeper buys a fan for ₹1100 and sells it for ₹1370. What is the profit (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1000 at 2% per year for 4 years (in ₹)?
  11. 11.A table bought for ₹1200 is sold for ₹1020. What is the loss per cent?
  12. 12.The price of a box of mangoes changed from ₹200 to ₹360. What is the percentage increase?
  13. 13.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2980. What is the profit (in ₹)?
  14. 14.A cycle costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
  15. 15.What is 70% of 120?
  16. 16.A cricket kit costs ₹1400. It is sold at a 40% profit. What is the selling price (in ₹)?
  17. 17.The price of a cricket ball changed from ₹40 to ₹24. What is the percentage decrease?
  18. 18.A cricket kit bought for ₹2000 is sold for ₹1760. What is the loss per cent?
  19. 19.The price of a school bag changed from ₹400 to ₹320. What is the percentage decrease?
  20. 20.What is the simple interest on ₹9000 at 7% per year for 5 years (in ₹)?
  21. 21.The price of a water bottle changed from ₹250 to ₹25. What is the percentage decrease?
  22. 22.A mobile phone bought for ₹2000 is sold for ₹2500. What is the profit per cent?
  23. 23.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2850. What is the profit (in ₹)?
  24. 24.A table bought for ₹3800 is sold for ₹3610. What is the loss per cent?
  25. 25.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1150. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a cooler for ₹500 and sells it for ₹510. What is the profit (in ₹)?
  27. 27.The price of a school bag changed from ₹250 to ₹350. What is the percentage increase?
  28. 28.A cycle costs ₹3400. It is sold at a 20% loss. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹1800 at 5% per year for 2 years (in ₹)?
  30. 30.A cycle bought for ₹500 is sold for ₹475. What is the loss per cent?
  31. 31.A watch bought for ₹4000 is sold for ₹3800. What is the loss per cent?
  32. 32.What is the amount (principal + simple interest) on ₹8600 at 5% per year for 4 years (in ₹)?
  33. 33.The price of a pair of shoes changed from ₹50 to ₹40. What is the percentage decrease?
  34. 34.What is 35% of 60?
  35. 35.The price of a bus pass changed from ₹400 to ₹560. What is the percentage increase?
  36. 36.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 1 year (in ₹)?
  37. 37.The price of a water bottle changed from ₹20 to ₹8. What is the percentage decrease?
  38. 38.What is 30% of 920?
  39. 39.The price of a pair of shoes changed from ₹250 to ₹125. What is the percentage decrease?
  40. 40.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?

Answer key

  1. 80
  2. 2860
  3. 264
  4. 10
  5. 56
  6. 77
  7. 9240
  8. 60
  9. 270
  10. 1080
  11. 15
  12. 80
  13. 80
  14. 1750
  15. 84
  16. 1960
  17. 40
  18. 12
  19. 20
  20. 3150
  21. 90
  22. 25
  23. 200
  24. 5
  25. 100
  26. 10
  27. 40
  28. 2720
  29. 180
  30. 5
  31. 5
  32. 10320
  33. 20
  34. 21
  35. 40
  36. 3488
  37. 60
  38. 276
  39. 50
  40. 30

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