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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 874 · 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 cricket ball changed from ₹20 to ₹26. What is the percentage increase?
  2. 2.What is the simple interest on ₹6600 at 6% per year for 2 years (in ₹)?
  3. 3.A cricket kit costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
  4. 4.What is 20% of 600?
  5. 5.A mobile phone bought for ₹3600 is sold for ₹3960. What is the profit per cent?
  6. 6.What is the amount (principal + simple interest) on ₹4600 at 3% per year for 1 year (in ₹)?
  7. 7.What is 75% of 760?
  8. 8.What is 15% of 920?
  9. 9.A cycle costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
  10. 10.A table costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1970. What is the profit (in ₹)?
  12. 12.A cycle costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹900. What is the loss (in ₹)?
  14. 14.What is the simple interest on ₹2500 at 10% per year for 3 years (in ₹)?
  15. 15.A cricket kit bought for ₹2700 is sold for ₹2295. What is the loss per cent?
  16. 16.What is 80% of 1000?
  17. 17.What is 85% of 420?
  18. 18.What is 35% of 980?
  19. 19.A cycle costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
  20. 20.A cooler costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
  21. 21.A cycle costs ₹1900. It is sold at a 30% profit. What is the selling price (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹100 to ₹90. What is the percentage decrease?
  23. 23.A cycle costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
  24. 24.What is 5% of 40?
  25. 25.A watch bought for ₹2000 is sold for ₹2800. What is the profit per cent?
  26. 26.What is the amount (principal + simple interest) on ₹8800 at 7% per year for 3 years (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹400 to ₹380. What is the percentage decrease?
  28. 28.A cricket kit costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹9000 at 12% per year for 4 years (in ₹)?
  30. 30.A cricket kit costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹4100 at 11% per year for 5 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 1 year (in ₹)?
  33. 33.The price of a water bottle changed from ₹50 to ₹45. What is the percentage decrease?
  34. 34.What is the simple interest on ₹2700 at 8% per year for 1 year (in ₹)?
  35. 35.A cycle costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹500 at 9% per year for 4 years (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹600 and sells it for ₹730. What is the profit (in ₹)?
  38. 38.The price of a water bottle changed from ₹200 to ₹50. What is the percentage decrease?
  39. 39.What is the simple interest on ₹8000 at 6% per year for 1 year (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3150. What is the profit (in ₹)?

Answer key

  1. 30
  2. 792
  3. 2450
  4. 120
  5. 10
  6. 4738
  7. 570
  8. 138
  9. 1650
  10. 1350
  11. 20
  12. 5250
  13. 250
  14. 750
  15. 15
  16. 800
  17. 357
  18. 343
  19. 3060
  20. 1650
  21. 2470
  22. 10
  23. 700
  24. 2
  25. 40
  26. 10648
  27. 5
  28. 2875
  29. 13320
  30. 595
  31. 2255
  32. 7350
  33. 10
  34. 216
  35. 1950
  36. 680
  37. 130
  38. 75
  39. 480
  40. 150

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