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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 848 · 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 the simple interest on ₹5800 at 9% per year for 2 years (in ₹)?
  2. 2.What is 95% of 780?
  3. 3.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  4. 4.The price of a box of mangoes changed from ₹200 to ₹140. What is the percentage decrease?
  5. 5.What is the simple interest on ₹7000 at 3% per year for 1 year (in ₹)?
  6. 6.A cricket kit bought for ₹2100 is sold for ₹2352. What is the profit per cent?
  7. 7.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1880. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2030. What is the loss (in ₹)?
  9. 9.A watch costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
  10. 10.The price of a bus pass changed from ₹250 to ₹475. What is the percentage increase?
  11. 11.A cycle costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
  12. 12.What is 60% of 640?
  13. 13.A cycle bought for ₹2800 is sold for ₹3500. What is the profit per cent?
  14. 14.A table bought for ₹1500 is sold for ₹1425. What is the loss per cent?
  15. 15.What is 15% of 340?
  16. 16.The price of a pair of shoes changed from ₹200 to ₹350. What is the percentage increase?
  17. 17.What is 35% of 740?
  18. 18.What is the amount (principal + simple interest) on ₹9900 at 3% per year for 2 years (in ₹)?
  19. 19.What is 70% of 340?
  20. 20.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2020. What is the loss (in ₹)?
  21. 21.What is 60% of 200?
  22. 22.A shopkeeper buys a cycle for ₹650 and sells it for ₹720. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2530. What is the loss (in ₹)?
  24. 24.A cooler costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
  25. 25.What is 70% of 280?
  26. 26.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2940. What is the profit (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹20 to ₹36. What is the percentage increase?
  28. 28.A fan costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a table for ₹1250 and sells it for ₹1080. What is the loss (in ₹)?
  30. 30.A cooler costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹5000 at 3% per year for 5 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹2000 at 6% per year for 2 years (in ₹)?
  33. 33.The price of a box of mangoes changed from ₹500 to ₹495. What is the percentage decrease?
  34. 34.A cycle bought for ₹2300 is sold for ₹2576. What is the profit per cent?
  35. 35.A shopkeeper buys a watch for ₹1450 and sells it for ₹1610. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹7500 at 3% per year for 2 years (in ₹)?
  37. 37.What is 95% of 800?
  38. 38.What is 70% of 480?
  39. 39.A shopkeeper buys a fan for ₹200 and sells it for ₹160. What is the loss (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹2850 and sells it for ₹3040. What is the profit (in ₹)?

Answer key

  1. 1044
  2. 741
  3. 20
  4. 30
  5. 210
  6. 12
  7. 70
  8. 220
  9. 600
  10. 90
  11. 1380
  12. 384
  13. 25
  14. 5
  15. 51
  16. 75
  17. 259
  18. 10494
  19. 238
  20. 180
  21. 120
  22. 70
  23. 120
  24. 680
  25. 196
  26. 240
  27. 80
  28. 6000
  29. 170
  30. 1150
  31. 750
  32. 2240
  33. 1
  34. 12
  35. 160
  36. 7950
  37. 760
  38. 336
  39. 40
  40. 190

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