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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 856 · 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 ₹20 to ₹24. What is the percentage increase?
  2. 2.The price of a school bag changed from ₹500 to ₹700. What is the percentage increase?
  3. 3.A watch bought for ₹2900 is sold for ₹1450. What is the loss per cent?
  4. 4.What is the simple interest on ₹4100 at 10% per year for 5 years (in ₹)?
  5. 5.What is 40% of 900?
  6. 6.What is the amount (principal + simple interest) on ₹8700 at 4% per year for 1 year (in ₹)?
  7. 7.What is the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
  8. 8.A mobile phone bought for ₹2900 is sold for ₹3190. What is the profit per cent?
  9. 9.What is 70% of 420?
  10. 10.A cycle costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1660. What is the loss (in ₹)?
  12. 12.What is 30% of 520?
  13. 13.The price of a box of mangoes changed from ₹400 to ₹240. What is the percentage decrease?
  14. 14.A cricket kit bought for ₹600 is sold for ₹690. What is the profit per cent?
  15. 15.What is the simple interest on ₹9000 at 9% per year for 3 years (in ₹)?
  16. 16.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
  17. 17.The price of a water bottle changed from ₹40 to ₹20. What is the percentage decrease?
  18. 18.What is the simple interest on ₹8900 at 2% per year for 1 year (in ₹)?
  19. 19.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2890. What is the profit (in ₹)?
  20. 20.A fan bought for ₹900 is sold for ₹1350. What is the profit per cent?
  21. 21.A cycle costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹2100 at 5% per year for 4 years (in ₹)?
  23. 23.What is the simple interest on ₹5400 at 10% per year for 2 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹6900 at 10% per year for 2 years (in ₹)?
  25. 25.What is the simple interest on ₹5700 at 5% per year for 1 year (in ₹)?
  26. 26.A sewing machine bought for ₹900 is sold for ₹540. What is the loss per cent?
  27. 27.A cycle bought for ₹2800 is sold for ₹3360. What is the profit per cent?
  28. 28.The price of a cricket ball changed from ₹50 to ₹20. What is the percentage decrease?
  29. 29.What is the amount (principal + simple interest) on ₹1700 at 11% per year for 1 year (in ₹)?
  30. 30.What is the simple interest on ₹5400 at 11% per year for 4 years (in ₹)?
  31. 31.What is 20% of 60?
  32. 32.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹150. What is the loss (in ₹)?
  33. 33.A table costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹2100 and sells it for ₹2030. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹1600 and sells it for ₹1890. What is the profit (in ₹)?
  36. 36.A cooler bought for ₹1200 is sold for ₹1320. What is the profit per cent?
  37. 37.A cooler bought for ₹400 is sold for ₹440. What is the profit per cent?
  38. 38.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹530. What is the loss (in ₹)?
  39. 39.What is 25% of 340?
  40. 40.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?

Answer key

  1. 20
  2. 40
  3. 50
  4. 2050
  5. 360
  6. 9048
  7. 800
  8. 10
  9. 294
  10. 1040
  11. 240
  12. 156
  13. 40
  14. 15
  15. 2430
  16. 30
  17. 50
  18. 178
  19. 90
  20. 50
  21. 945
  22. 420
  23. 1080
  24. 8280
  25. 285
  26. 40
  27. 20
  28. 60
  29. 1887
  30. 2376
  31. 12
  32. 150
  33. 680
  34. 70
  35. 290
  36. 10
  37. 10
  38. 220
  39. 85
  40. 20

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