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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 90 · 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 ₹25 to ₹5. What is the percentage decrease?
  2. 2.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
  3. 3.What is 60% of 660?
  4. 4.A fan bought for ₹3800 is sold for ₹3610. What is the loss per cent?
  5. 5.What is the simple interest on ₹4200 at 4% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2950. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹8600 at 3% per year for 4 years (in ₹)?
  8. 8.What is the simple interest on ₹5800 at 2% per year for 4 years (in ₹)?
  9. 9.What is the simple interest on ₹8800 at 8% per year for 2 years (in ₹)?
  10. 10.The price of a bus pass changed from ₹100 to ₹99. What is the percentage decrease?
  11. 11.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 2 years (in ₹)?
  12. 12.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹870. What is the loss (in ₹)?
  13. 13.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
  14. 14.The price of a water bottle changed from ₹20 to ₹10. What is the percentage decrease?
  15. 15.A watch bought for ₹3800 is sold for ₹4180. What is the profit per cent?
  16. 16.What is 40% of 820?
  17. 17.A fan costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
  18. 18.What is 25% of 840?
  19. 19.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2210. What is the loss (in ₹)?
  20. 20.What is 30% of 880?
  21. 21.The price of a pair of shoes changed from ₹80 to ₹8. What is the percentage decrease?
  22. 22.What is 40% of 760?
  23. 23.What is 60% of 600?
  24. 24.A watch costs ₹2300. It is sold at a 12% profit. What is the selling price (in ₹)?
  25. 25.The price of a school bag changed from ₹200 to ₹220. What is the percentage increase?
  26. 26.What is 70% of 780?
  27. 27.The price of a bus pass changed from ₹400 to ₹300. What is the percentage decrease?
  28. 28.What is the simple interest on ₹1500 at 3% per year for 4 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹5100 at 5% per year for 2 years (in ₹)?
  30. 30.What is 60% of 260?
  31. 31.A fan costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1800 at 10% per year for 4 years (in ₹)?
  33. 33.What is the simple interest on ₹7500 at 9% per year for 4 years (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹600 and sells it for ₹810. What is the profit (in ₹)?
  35. 35.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  36. 36.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 3 years (in ₹)?
  37. 37.A mobile phone bought for ₹3900 is sold for ₹3120. What is the loss per cent?
  38. 38.What is 10% of 320?
  39. 39.The price of a bus pass changed from ₹50 to ₹10. What is the percentage decrease?
  40. 40.The price of a bus pass changed from ₹40 to ₹64. What is the percentage increase?

Answer key

  1. 80
  2. 30
  3. 396
  4. 5
  5. 504
  6. 300
  7. 1032
  8. 464
  9. 1408
  10. 1
  11. 3456
  12. 230
  13. 240
  14. 50
  15. 10
  16. 328
  17. 920
  18. 210
  19. 290
  20. 264
  21. 90
  22. 304
  23. 360
  24. 2576
  25. 10
  26. 546
  27. 25
  28. 180
  29. 5610
  30. 156
  31. 880
  32. 2520
  33. 2700
  34. 210
  35. 60
  36. 7420
  37. 20
  38. 32
  39. 80
  40. 60

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