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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 855 · 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 amount (principal + simple interest) on ₹1100 at 12% per year for 1 year (in ₹)?
  2. 2.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1860. What is the loss (in ₹)?
  3. 3.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
  4. 4.What is 40% of 260?
  5. 5.What is the simple interest on ₹1000 at 5% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹600 at 11% per year for 4 years (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹20 to ₹21. What is the percentage increase?
  8. 8.A cycle costs ₹1400. It is sold at a 30% loss. What is the selling price (in ₹)?
  9. 9.A cycle bought for ₹4000 is sold for ₹5000. What is the profit per cent?
  10. 10.What is 5% of 460?
  11. 11.What is 5% of 1000?
  12. 12.What is 80% of 760?
  13. 13.The price of a water bottle changed from ₹200 to ₹198. What is the percentage decrease?
  14. 14.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹630. What is the profit (in ₹)?
  15. 15.What is 40% of 60?
  16. 16.What is the simple interest on ₹8200 at 11% per year for 4 years (in ₹)?
  17. 17.A fan costs ₹400. It is sold at a 15% profit. What is the selling price (in ₹)?
  18. 18.A cycle costs ₹1100. It is sold at a 50% loss. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹4500 at 2% per year for 5 years (in ₹)?
  20. 20.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹980. What is the loss (in ₹)?
  21. 21.The price of a cricket ball changed from ₹200 to ₹198. What is the percentage decrease?
  22. 22.What is the simple interest on ₹7400 at 11% per year for 1 year (in ₹)?
  23. 23.The price of a water bottle changed from ₹40 to ₹4. What is the percentage decrease?
  24. 24.A sewing machine costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
  26. 26.The price of a school bag changed from ₹20 to ₹18. What is the percentage decrease?
  27. 27.What is 30% of 160?
  28. 28.The price of a box of mangoes changed from ₹20 to ₹12. What is the percentage decrease?
  29. 29.The price of a cricket ball changed from ₹100 to ₹10. What is the percentage decrease?
  30. 30.What is 55% of 560?
  31. 31.The price of a bus pass changed from ₹500 to ₹490. What is the percentage decrease?
  32. 32.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 3 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹3300 at 5% per year for 3 years (in ₹)?
  34. 34.A mobile phone bought for ₹2800 is sold for ₹2520. What is the loss per cent?
  35. 35.A sewing machine bought for ₹2300 is sold for ₹1150. What is the loss per cent?
  36. 36.A mobile phone bought for ₹400 is sold for ₹420. What is the profit per cent?
  37. 37.What is 40% of 740?
  38. 38.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 1 year (in ₹)?
  39. 39.What is the simple interest on ₹3400 at 2% per year for 2 years (in ₹)?
  40. 40.What is 25% of 280?

Answer key

  1. 1232
  2. 140
  3. 10
  4. 104
  5. 50
  6. 864
  7. 5
  8. 980
  9. 25
  10. 23
  11. 50
  12. 608
  13. 1
  14. 280
  15. 24
  16. 3608
  17. 460
  18. 550
  19. 450
  20. 270
  21. 1
  22. 814
  23. 90
  24. 2600
  25. 5
  26. 10
  27. 48
  28. 40
  29. 90
  30. 308
  31. 2
  32. 5720
  33. 3795
  34. 10
  35. 50
  36. 5
  37. 296
  38. 2884
  39. 136
  40. 70

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