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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 857 · 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 bus pass changed from ₹20 to ₹10. What is the percentage decrease?
  2. 2.The price of a box of mangoes changed from ₹400 to ₹392. What is the percentage decrease?
  3. 3.A shopkeeper buys a cycle for ₹750 and sells it for ₹910. What is the profit (in ₹)?
  4. 4.The price of a school bag changed from ₹40 to ₹8. What is the percentage decrease?
  5. 5.What is the simple interest on ₹2700 at 6% per year for 3 years (in ₹)?
  6. 6.What is 40% of 980?
  7. 7.A watch costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
  8. 8.A watch bought for ₹1500 is sold for ₹2250. What is the profit per cent?
  9. 9.What is the amount (principal + simple interest) on ₹8300 at 9% per year for 2 years (in ₹)?
  10. 10.What is the simple interest on ₹4200 at 2% per year for 4 years (in ₹)?
  11. 11.What is 10% of 680?
  12. 12.A cycle costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
  13. 13.What is 60% of 780?
  14. 14.The price of a school bag changed from ₹200 to ₹198. What is the percentage decrease?
  15. 15.A table costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
  16. 16.A cooler costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹7500 at 3% per year for 1 year (in ₹)?
  18. 18.What is the simple interest on ₹7300 at 3% per year for 5 years (in ₹)?
  19. 19.A cricket kit bought for ₹2800 is sold for ₹2240. What is the loss per cent?
  20. 20.What is the amount (principal + simple interest) on ₹9800 at 7% per year for 5 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹600 at 4% per year for 4 years (in ₹)?
  22. 22.What is the simple interest on ₹4900 at 3% per year for 2 years (in ₹)?
  23. 23.A shopkeeper buys a cycle for ₹1100 and sells it for ₹940. What is the loss (in ₹)?
  24. 24.What is 20% of 380?
  25. 25.What is 20% of 60?
  26. 26.The price of a school bag changed from ₹500 to ₹200. What is the percentage decrease?
  27. 27.A cricket kit costs ₹3700. It is sold at a 25% profit. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a cycle for ₹800 and sells it for ₹940. What is the profit (in ₹)?
  29. 29.A sewing machine costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
  30. 30.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
  31. 31.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  32. 32.The price of a pair of shoes changed from ₹200 to ₹210. What is the percentage increase?
  33. 33.A shopkeeper buys a mobile phone for ₹2400 and sells it for ₹2200. What is the loss (in ₹)?
  34. 34.What is 90% of 920?
  35. 35.What is 5% of 600?
  36. 36.What is the amount (principal + simple interest) on ₹6500 at 4% per year for 4 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹800 at 11% per year for 3 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹2600 at 4% per year for 5 years (in ₹)?
  39. 39.The price of a box of mangoes changed from ₹400 to ₹760. What is the percentage increase?
  40. 40.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹3110. What is the profit (in ₹)?

Answer key

  1. 50
  2. 2
  3. 160
  4. 80
  5. 486
  6. 392
  7. 3920
  8. 50
  9. 9794
  10. 336
  11. 68
  12. 980
  13. 468
  14. 1
  15. 1000
  16. 3250
  17. 225
  18. 1095
  19. 20
  20. 13230
  21. 696
  22. 294
  23. 160
  24. 76
  25. 12
  26. 60
  27. 4625
  28. 140
  29. 3800
  30. 10
  31. 40
  32. 5
  33. 200
  34. 828
  35. 30
  36. 7540
  37. 1064
  38. 3120
  39. 90
  40. 260

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