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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 94 · 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 95% of 700?
  2. 2.A mobile phone costs ₹2700. It is sold at a 40% loss. What is the selling price (in ₹)?
  3. 3.What is 70% of 320?
  4. 4.A cooler costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹5700 at 5% per year for 4 years (in ₹)?
  6. 6.The price of a box of mangoes changed from ₹20 to ₹2. What is the percentage decrease?
  7. 7.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2840. What is the profit (in ₹)?
  8. 8.A table bought for ₹3400 is sold for ₹2720. What is the loss per cent?
  9. 9.What is the simple interest on ₹4800 at 5% per year for 1 year (in ₹)?
  10. 10.A watch costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.A cooler bought for ₹2500 is sold for ₹2250. What is the loss per cent?
  12. 12.What is the simple interest on ₹2100 at 6% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a table for ₹2200 and sells it for ₹2500. What is the profit (in ₹)?
  14. 14.A mobile phone bought for ₹3100 is sold for ₹2325. What is the loss per cent?
  15. 15.A shopkeeper buys a watch for ₹1800 and sells it for ₹1750. What is the loss (in ₹)?
  16. 16.A mobile phone costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹5000 at 2% per year for 3 years (in ₹)?
  18. 18.What is 55% of 200?
  19. 19.A fan bought for ₹2900 is sold for ₹3190. What is the profit per cent?
  20. 20.The price of a water bottle changed from ₹40 to ₹48. What is the percentage increase?
  21. 21.The price of a water bottle changed from ₹100 to ₹95. What is the percentage decrease?
  22. 22.What is the simple interest on ₹1500 at 10% per year for 4 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹5400 at 11% per year for 4 years (in ₹)?
  24. 24.A cooler bought for ₹3500 is sold for ₹2450. What is the loss per cent?
  25. 25.A mobile phone costs ₹1200. It is sold at a 30% profit. What is the selling price (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹8800 at 12% per year for 1 year (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 2 years (in ₹)?
  28. 28.What is 90% of 440?
  29. 29.A watch costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹6700 at 9% per year for 5 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹5400 at 11% per year for 1 year (in ₹)?
  32. 32.What is 15% of 700?
  33. 33.The price of a bus pass changed from ₹20 to ₹12. What is the percentage decrease?
  34. 34.A shopkeeper buys a cycle for ₹550 and sells it for ₹720. What is the profit (in ₹)?
  35. 35.A watch costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.A cooler bought for ₹1800 is sold for ₹1440. What is the loss per cent?
  37. 37.A table costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1210. What is the loss (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹5900 at 10% per year for 1 year (in ₹)?
  40. 40.A table bought for ₹500 is sold for ₹425. What is the loss per cent?

Answer key

  1. 665
  2. 1620
  3. 224
  4. 2400
  5. 6840
  6. 90
  7. 240
  8. 20
  9. 240
  10. 2610
  11. 10
  12. 252
  13. 300
  14. 25
  15. 50
  16. 840
  17. 300
  18. 110
  19. 10
  20. 20
  21. 5
  22. 600
  23. 7776
  24. 30
  25. 1560
  26. 9856
  27. 6968
  28. 396
  29. 735
  30. 3015
  31. 5994
  32. 105
  33. 40
  34. 170
  35. 3432
  36. 20
  37. 2760
  38. 240
  39. 6490
  40. 15

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