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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 885 · 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 75% of 380?
  2. 2.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 3 years (in ₹)?
  3. 3.The price of a box of mangoes changed from ₹20 to ₹10. What is the percentage decrease?
  4. 4.What is the amount (principal + simple interest) on ₹3600 at 8% per year for 3 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 5 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹6700 at 3% per year for 4 years (in ₹)?
  7. 7.The price of a school bag changed from ₹20 to ₹25. What is the percentage increase?
  8. 8.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2470. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹2700 at 11% per year for 4 years (in ₹)?
  10. 10.What is the simple interest on ₹9800 at 12% per year for 2 years (in ₹)?
  11. 11.A cricket kit costs ₹2500. It is sold at a 5% profit. What is the selling price (in ₹)?
  12. 12.A mobile phone bought for ₹400 is sold for ₹240. What is the loss per cent?
  13. 13.What is the amount (principal + simple interest) on ₹9900 at 4% per year for 3 years (in ₹)?
  14. 14.A mobile phone costs ₹2900. It is sold at a 50% profit. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹4300 at 11% per year for 4 years (in ₹)?
  16. 16.What is 35% of 800?
  17. 17.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 1 year (in ₹)?
  18. 18.A fan bought for ₹2900 is sold for ₹2030. What is the loss per cent?
  19. 19.What is the simple interest on ₹2400 at 2% per year for 5 years (in ₹)?
  20. 20.What is the simple interest on ₹3600 at 8% per year for 4 years (in ₹)?
  21. 21.The price of a cricket ball changed from ₹100 to ₹160. What is the percentage increase?
  22. 22.What is 10% of 300?
  23. 23.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹520. What is the loss (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹7100 at 11% per year for 1 year (in ₹)?
  25. 25.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1290. What is the loss (in ₹)?
  26. 26.What is 15% of 300?
  27. 27.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2890. What is the profit (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹4500 at 5% per year for 3 years (in ₹)?
  29. 29.The price of a bus pass changed from ₹400 to ₹360. What is the percentage decrease?
  30. 30.What is 5% of 700?
  31. 31.What is the simple interest on ₹2800 at 3% per year for 1 year (in ₹)?
  32. 32.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
  33. 33.A table costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?
  34. 34.What is 70% of 980?
  35. 35.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1080. What is the loss (in ₹)?
  36. 36.The price of a water bottle changed from ₹400 to ₹200. What is the percentage decrease?
  37. 37.A fan bought for ₹600 is sold for ₹540. What is the loss per cent?
  38. 38.A mobile phone costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
  39. 39.The price of a school bag changed from ₹100 to ₹95. What is the percentage decrease?
  40. 40.The price of a water bottle changed from ₹200 to ₹380. What is the percentage increase?

Answer key

  1. 285
  2. 6776
  3. 50
  4. 4464
  5. 3190
  6. 7504
  7. 25
  8. 220
  9. 1188
  10. 2352
  11. 2625
  12. 40
  13. 11088
  14. 4350
  15. 6192
  16. 280
  17. 7038
  18. 30
  19. 240
  20. 1152
  21. 60
  22. 30
  23. 80
  24. 7881
  25. 260
  26. 45
  27. 140
  28. 5175
  29. 10
  30. 35
  31. 84
  32. 5
  33. 2000
  34. 686
  35. 220
  36. 50
  37. 10
  38. 1950
  39. 5
  40. 90

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