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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 919 · 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.A fan costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹200 to ₹204. What is the percentage increase?
  3. 3.A watch costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹2900 at 12% per year for 3 years (in ₹)?
  5. 5.What is the simple interest on ₹9700 at 3% per year for 5 years (in ₹)?
  6. 6.A cooler costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹1850 and sells it for ₹2070. What is the profit (in ₹)?
  8. 8.A cricket kit bought for ₹2100 is sold for ₹2625. What is the profit per cent?
  9. 9.What is 35% of 840?
  10. 10.A shopkeeper buys a fan for ₹1700 and sells it for ₹1630. What is the loss (in ₹)?
  11. 11.The price of a bus pass changed from ₹250 to ₹25. What is the percentage decrease?
  12. 12.A fan bought for ₹1400 is sold for ₹1470. What is the profit per cent?
  13. 13.The price of a bus pass changed from ₹200 to ₹40. What is the percentage decrease?
  14. 14.The price of a bus pass changed from ₹80 to ₹16. What is the percentage decrease?
  15. 15.A cooler bought for ₹600 is sold for ₹750. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹5200 at 4% per year for 1 year (in ₹)?
  17. 17.The price of a cricket ball changed from ₹200 to ₹210. What is the percentage increase?
  18. 18.What is 10% of 380?
  19. 19.What is 30% of 460?
  20. 20.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
  21. 21.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
  22. 22.The price of a bus pass changed from ₹40 to ₹64. What is the percentage increase?
  23. 23.What is 80% of 820?
  24. 24.What is the amount (principal + simple interest) on ₹10000 at 2% per year for 2 years (in ₹)?
  25. 25.A table bought for ₹3800 is sold for ₹2850. What is the loss per cent?
  26. 26.A cycle costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2660. What is the loss (in ₹)?
  28. 28.The price of a water bottle changed from ₹400 to ₹396. What is the percentage decrease?
  29. 29.What is the amount (principal + simple interest) on ₹3800 at 2% per year for 1 year (in ₹)?
  30. 30.What is 30% of 760?
  31. 31.What is the simple interest on ₹7800 at 7% per year for 2 years (in ₹)?
  32. 32.A cricket kit costs ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
  33. 33.A fan bought for ₹2400 is sold for ₹1800. What is the loss per cent?
  34. 34.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  35. 35.What is the amount (principal + simple interest) on ₹9600 at 5% per year for 1 year (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹800 and sells it for ₹670. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 3 years (in ₹)?
  38. 38.What is the simple interest on ₹3700 at 2% per year for 2 years (in ₹)?
  39. 39.What is 10% of 600?
  40. 40.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 1 year (in ₹)?

Answer key

  1. 1344
  2. 2
  3. 770
  4. 3944
  5. 1455
  6. 180
  7. 220
  8. 25
  9. 294
  10. 70
  11. 90
  12. 5
  13. 80
  14. 80
  15. 25
  16. 5408
  17. 5
  18. 38
  19. 138
  20. 40
  21. 20
  22. 60
  23. 656
  24. 10400
  25. 25
  26. 1232
  27. 240
  28. 1
  29. 3876
  30. 228
  31. 1092
  32. 250
  33. 25
  34. 20
  35. 10080
  36. 130
  37. 3161
  38. 148
  39. 60
  40. 3914

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