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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 870 · 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 school bag changed from ₹250 to ₹125. What is the percentage decrease?
  2. 2.What is the simple interest on ₹5100 at 10% per year for 4 years (in ₹)?
  3. 3.What is 75% of 660?
  4. 4.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 3 years (in ₹)?
  5. 5.What is 25% of 260?
  6. 6.What is the simple interest on ₹7400 at 5% per year for 3 years (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹250 and sells it for ₹110. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a fan for ₹2000 and sells it for ₹1700. What is the loss (in ₹)?
  9. 9.A shopkeeper buys a table for ₹3000 and sells it for ₹3130. What is the profit (in ₹)?
  10. 10.A cycle costs ₹3900. It is sold at a 30% loss. What is the selling price (in ₹)?
  11. 11.A watch costs ₹1100. It is sold at a 5% profit. What is the selling price (in ₹)?
  12. 12.A fan bought for ₹1600 is sold for ₹1680. What is the profit per cent?
  13. 13.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹1860. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹1300 at 3% per year for 5 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹7500 at 8% per year for 2 years (in ₹)?
  16. 16.A cycle costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹490. What is the loss (in ₹)?
  18. 18.A table costs ₹3500. It is sold at a 25% profit. What is the selling price (in ₹)?
  19. 19.A cooler bought for ₹500 is sold for ₹450. What is the loss per cent?
  20. 20.The price of a box of mangoes changed from ₹40 to ₹38. What is the percentage decrease?
  21. 21.The price of a water bottle changed from ₹80 to ₹84. What is the percentage increase?
  22. 22.A table costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
  23. 23.What is 75% of 620?
  24. 24.What is the simple interest on ₹5000 at 6% per year for 3 years (in ₹)?
  25. 25.What is the simple interest on ₹700 at 3% per year for 5 years (in ₹)?
  26. 26.What is the simple interest on ₹2900 at 10% per year for 2 years (in ₹)?
  27. 27.A cricket kit costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a cycle for ₹2900 and sells it for ₹3170. What is the profit (in ₹)?
  29. 29.A sewing machine bought for ₹2500 is sold for ₹2875. What is the profit per cent?
  30. 30.A cooler bought for ₹3800 is sold for ₹3344. What is the loss per cent?
  31. 31.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
  32. 32.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 2 years (in ₹)?
  33. 33.A fan costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹9200 at 8% per year for 3 years (in ₹)?
  35. 35.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2540. What is the profit (in ₹)?
  36. 36.The price of a school bag changed from ₹20 to ₹10. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹3700 at 2% per year for 2 years (in ₹)?
  38. 38.A fan costs ₹3500. It is sold at a 12% loss. What is the selling price (in ₹)?
  39. 39.The price of a water bottle changed from ₹80 to ₹152. What is the percentage increase?
  40. 40.What is the amount (principal + simple interest) on ₹4800 at 4% per year for 4 years (in ₹)?

Answer key

  1. 50
  2. 2040
  3. 495
  4. 9483
  5. 65
  6. 1110
  7. 140
  8. 300
  9. 130
  10. 2730
  11. 1155
  12. 5
  13. 190
  14. 1495
  15. 8700
  16. 1890
  17. 160
  18. 4375
  19. 10
  20. 5
  21. 5
  22. 1584
  23. 465
  24. 900
  25. 105
  26. 580
  27. 935
  28. 270
  29. 15
  30. 12
  31. 25
  32. 2052
  33. 1300
  34. 2208
  35. 40
  36. 50
  37. 3848
  38. 3080
  39. 90
  40. 5568

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