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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 903 · 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 bus pass changed from ₹500 to ₹450. What is the percentage decrease?
  2. 2.What is the simple interest on ₹3200 at 8% per year for 2 years (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹2050 and sells it for ₹2220. What is the profit (in ₹)?
  4. 4.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?
  5. 5.What is 30% of 380?
  6. 6.What is the simple interest on ₹7700 at 7% per year for 2 years (in ₹)?
  7. 7.What is the simple interest on ₹1500 at 11% per year for 1 year (in ₹)?
  8. 8.What is 65% of 200?
  9. 9.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
  10. 10.What is 5% of 780?
  11. 11.What is the amount (principal + simple interest) on ₹8100 at 7% per year for 1 year (in ₹)?
  12. 12.What is 25% of 600?
  13. 13.A cricket kit costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
  14. 14.The price of a cricket ball changed from ₹500 to ₹510. What is the percentage increase?
  15. 15.A sewing machine costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  16. 16.What is 95% of 460?
  17. 17.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 5 years (in ₹)?
  18. 18.A cooler bought for ₹1100 is sold for ₹550. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹3800 at 8% per year for 4 years (in ₹)?
  20. 20.What is 5% of 540?
  21. 21.A shopkeeper buys a cycle for ₹900 and sells it for ₹1010. What is the profit (in ₹)?
  22. 22.The price of a water bottle changed from ₹200 to ₹198. What is the percentage decrease?
  23. 23.What is 80% of 880?
  24. 24.A watch bought for ₹1800 is sold for ₹2070. What is the profit per cent?
  25. 25.What is 95% of 700?
  26. 26.A shopkeeper buys a fan for ₹2450 and sells it for ₹2580. What is the profit (in ₹)?
  27. 27.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2550. What is the profit (in ₹)?
  28. 28.A cycle bought for ₹2600 is sold for ₹3250. What is the profit per cent?
  29. 29.A mobile phone costs ₹2000. It is sold at a 15% loss. What is the selling price (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹1400 at 2% per year for 4 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 3 years (in ₹)?
  32. 32.What is 15% of 140?
  33. 33.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
  34. 34.A watch bought for ₹900 is sold for ₹792. What is the loss per cent?
  35. 35.What is 25% of 420?
  36. 36.The price of a bus pass changed from ₹200 to ₹204. What is the percentage increase?
  37. 37.What is the amount (principal + simple interest) on ₹700 at 10% per year for 5 years (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹2300 and sells it for ₹2190. What is the loss (in ₹)?
  39. 39.The price of a school bag changed from ₹80 to ₹88. What is the percentage increase?
  40. 40.What is 5% of 940?

Answer key

  1. 10
  2. 512
  3. 170
  4. 80
  5. 114
  6. 1078
  7. 165
  8. 130
  9. 75
  10. 39
  11. 8667
  12. 150
  13. 2800
  14. 2
  15. 630
  16. 437
  17. 3840
  18. 50
  19. 5016
  20. 27
  21. 110
  22. 1
  23. 704
  24. 15
  25. 665
  26. 130
  27. 200
  28. 25
  29. 1700
  30. 1512
  31. 6213
  32. 21
  33. 20
  34. 12
  35. 105
  36. 2
  37. 1050
  38. 110
  39. 10
  40. 47

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