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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 871 · 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 ₹200 to ₹210. What is the percentage increase?
  2. 2.The price of a pair of shoes changed from ₹20 to ₹28. What is the percentage increase?
  3. 3.What is the amount (principal + simple interest) on ₹8500 at 4% per year for 3 years (in ₹)?
  4. 4.A cooler bought for ₹1800 is sold for ₹1710. What is the loss per cent?
  5. 5.What is the simple interest on ₹8400 at 8% per year for 5 years (in ₹)?
  6. 6.What is 25% of 960?
  7. 7.What is 45% of 800?
  8. 8.What is the simple interest on ₹3500 at 11% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a watch for ₹2000 and sells it for ₹1810. What is the loss (in ₹)?
  10. 10.What is the simple interest on ₹5700 at 11% per year for 5 years (in ₹)?
  11. 11.What is the simple interest on ₹8400 at 2% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹3100 at 2% per year for 4 years (in ₹)?
  13. 13.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  14. 14.The price of a cricket ball changed from ₹40 to ₹50. What is the percentage increase?
  15. 15.A sewing machine bought for ₹1600 is sold for ₹1840. What is the profit per cent?
  16. 16.What is 5% of 300?
  17. 17.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
  18. 18.A shopkeeper buys a fan for ₹1650 and sells it for ₹1900. What is the profit (in ₹)?
  19. 19.What is 20% of 460?
  20. 20.What is 45% of 880?
  21. 21.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹1270. What is the profit (in ₹)?
  22. 22.What is the simple interest on ₹7900 at 9% per year for 3 years (in ₹)?
  23. 23.A mobile phone costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
  24. 24.The price of a box of mangoes changed from ₹200 to ₹380. What is the percentage increase?
  25. 25.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
  26. 26.A cycle costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹4700 at 2% per year for 3 years (in ₹)?
  28. 28.What is the simple interest on ₹1200 at 8% per year for 2 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6200 at 11% per year for 5 years (in ₹)?
  30. 30.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
  31. 31.A shopkeeper buys a cycle for ₹800 and sells it for ₹580. What is the loss (in ₹)?
  32. 32.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1510. What is the loss (in ₹)?
  33. 33.What is the simple interest on ₹1900 at 2% per year for 4 years (in ₹)?
  34. 34.What is 30% of 980?
  35. 35.A fan bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  36. 36.What is 90% of 560?
  37. 37.A cycle costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  38. 38.What is 5% of 920?
  39. 39.A cricket kit bought for ₹1300 is sold for ₹1144. What is the loss per cent?
  40. 40.A shopkeeper buys a fan for ₹2400 and sells it for ₹2310. What is the loss (in ₹)?

Answer key

  1. 5
  2. 40
  3. 9520
  4. 5
  5. 3360
  6. 240
  7. 360
  8. 1155
  9. 190
  10. 3135
  11. 840
  12. 248
  13. 80
  14. 25
  15. 15
  16. 15
  17. 25
  18. 250
  19. 92
  20. 396
  21. 120
  22. 2133
  23. 255
  24. 90
  25. 90
  26. 900
  27. 4982
  28. 192
  29. 9610
  30. 20
  31. 220
  32. 90
  33. 152
  34. 294
  35. 10
  36. 504
  37. 360
  38. 46
  39. 12
  40. 90

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