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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 875 · 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 35% of 320?
  2. 2.The price of a pair of shoes changed from ₹80 to ₹20. What is the percentage decrease?
  3. 3.A table bought for ₹2300 is sold for ₹2415. What is the profit per cent?
  4. 4.A fan costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
  5. 5.A cycle bought for ₹1900 is sold for ₹1805. What is the loss per cent?
  6. 6.What is 75% of 880?
  7. 7.What is the amount (principal + simple interest) on ₹9500 at 8% per year for 4 years (in ₹)?
  8. 8.A watch costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
  9. 9.A cooler costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
  10. 10.What is 25% of 580?
  11. 11.What is 10% of 700?
  12. 12.What is the amount (principal + simple interest) on ₹1800 at 2% per year for 1 year (in ₹)?
  13. 13.A cricket kit costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹8800 at 12% per year for 5 years (in ₹)?
  15. 15.A cooler bought for ₹1200 is sold for ₹1080. What is the loss per cent?
  16. 16.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
  17. 17.The price of a box of mangoes changed from ₹200 to ₹250. What is the percentage increase?
  18. 18.What is 55% of 620?
  19. 19.What is 45% of 580?
  20. 20.What is 35% of 620?
  21. 21.A shopkeeper buys a fan for ₹2400 and sells it for ₹2200. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹570. What is the profit (in ₹)?
  23. 23.The price of a cricket ball changed from ₹80 to ₹152. What is the percentage increase?
  24. 24.What is the amount (principal + simple interest) on ₹6100 at 3% per year for 3 years (in ₹)?
  25. 25.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  26. 26.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2310. What is the loss (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹200 to ₹50. What is the percentage decrease?
  28. 28.What is the simple interest on ₹4900 at 5% per year for 1 year (in ₹)?
  29. 29.A table bought for ₹3500 is sold for ₹3920. What is the profit per cent?
  30. 30.What is 75% of 40?
  31. 31.A cooler bought for ₹2100 is sold for ₹1848. What is the loss per cent?
  32. 32.What is the simple interest on ₹2400 at 11% per year for 1 year (in ₹)?
  33. 33.A cricket kit costs ₹1000. It is sold at a 25% loss. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 1 year (in ₹)?
  35. 35.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹1950. What is the loss (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 1 year (in ₹)?
  37. 37.What is 70% of 820?
  38. 38.What is the simple interest on ₹6400 at 7% per year for 1 year (in ₹)?
  39. 39.What is 30% of 820?
  40. 40.A cycle costs ₹2000. It is sold at a 5% loss. What is the selling price (in ₹)?

Answer key

  1. 112
  2. 75
  3. 5
  4. 3000
  5. 5
  6. 660
  7. 12540
  8. 2240
  9. 315
  10. 145
  11. 70
  12. 1836
  13. 1425
  14. 5280
  15. 10
  16. 30
  17. 25
  18. 341
  19. 261
  20. 217
  21. 200
  22. 120
  23. 90
  24. 6649
  25. 40
  26. 190
  27. 75
  28. 245
  29. 12
  30. 30
  31. 12
  32. 264
  33. 750
  34. 6695
  35. 50
  36. 7038
  37. 574
  38. 448
  39. 246
  40. 1900

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