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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 865 · 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 55% of 900?
  2. 2.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  3. 3.The price of a pair of shoes changed from ₹40 to ₹42. What is the percentage increase?
  4. 4.The price of a school bag changed from ₹100 to ₹40. What is the percentage decrease?
  5. 5.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  6. 6.A watch bought for ₹1100 is sold for ₹660. What is the loss per cent?
  7. 7.What is the simple interest on ₹7700 at 7% per year for 3 years (in ₹)?
  8. 8.What is 5% of 520?
  9. 9.A cycle costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹9900 at 6% per year for 3 years (in ₹)?
  11. 11.A sewing machine costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹6900 at 10% per year for 1 year (in ₹)?
  13. 13.What is the simple interest on ₹1600 at 5% per year for 2 years (in ₹)?
  14. 14.What is 45% of 80?
  15. 15.A shopkeeper buys a watch for ₹1800 and sells it for ₹2030. What is the profit (in ₹)?
  16. 16.A watch bought for ₹1300 is sold for ₹975. What is the loss per cent?
  17. 17.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 1 year (in ₹)?
  18. 18.What is the simple interest on ₹500 at 3% per year for 2 years (in ₹)?
  19. 19.What is the simple interest on ₹9700 at 12% per year for 5 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 1 year (in ₹)?
  21. 21.What is the simple interest on ₹9100 at 4% per year for 3 years (in ₹)?
  22. 22.What is the simple interest on ₹4400 at 12% per year for 5 years (in ₹)?
  23. 23.A mobile phone bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  24. 24.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2300. What is the loss (in ₹)?
  25. 25.What is 5% of 780?
  26. 26.A sewing machine costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
  27. 27.A mobile phone costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
  28. 28.The price of a pair of shoes changed from ₹500 to ₹505. What is the percentage increase?
  29. 29.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2480. What is the loss (in ₹)?
  30. 30.A cooler bought for ₹700 is sold for ₹770. What is the profit per cent?
  31. 31.What is 25% of 40?
  32. 32.What is the amount (principal + simple interest) on ₹4800 at 2% per year for 4 years (in ₹)?
  33. 33.What is the simple interest on ₹4700 at 10% per year for 1 year (in ₹)?
  34. 34.A sewing machine costs ₹2900. It is sold at a 50% profit. What is the selling price (in ₹)?
  35. 35.A fan costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
  36. 36.A table bought for ₹2000 is sold for ₹2200. What is the profit per cent?
  37. 37.The price of a water bottle changed from ₹40 to ₹64. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 2 years (in ₹)?
  39. 39.What is the simple interest on ₹9700 at 5% per year for 5 years (in ₹)?
  40. 40.A sewing machine bought for ₹1000 is sold for ₹1150. What is the profit per cent?

Answer key

  1. 495
  2. 75
  3. 5
  4. 60
  5. 60
  6. 40
  7. 1617
  8. 26
  9. 1408
  10. 11682
  11. 1275
  12. 690
  13. 160
  14. 36
  15. 230
  16. 25
  17. 2398
  18. 30
  19. 5820
  20. 9612
  21. 1092
  22. 2640
  23. 50
  24. 150
  25. 39
  26. 2640
  27. 3450
  28. 1
  29. 170
  30. 10
  31. 10
  32. 5184
  33. 470
  34. 4350
  35. 3230
  36. 10
  37. 60
  38. 7384
  39. 2425
  40. 15

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