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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 942 · 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 the simple interest on ₹5000 at 3% per year for 1 year (in ₹)?
  2. 2.What is 85% of 120?
  3. 3.A watch bought for ₹200 is sold for ₹190. What is the loss per cent?
  4. 4.A mobile phone costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  5. 5.A watch costs ₹2400. It is sold at a 10% profit. What is the selling price (in ₹)?
  6. 6.What is 20% of 860?
  7. 7.The price of a cricket ball changed from ₹80 to ₹72. What is the percentage decrease?
  8. 8.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
  9. 9.A table costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹5600 at 10% per year for 2 years (in ₹)?
  11. 11.A watch costs ₹2100. It is sold at a 5% profit. What is the selling price (in ₹)?
  12. 12.What is 85% of 660?
  13. 13.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 1 year (in ₹)?
  14. 14.A mobile phone bought for ₹1300 is sold for ₹1235. What is the loss per cent?
  15. 15.What is the simple interest on ₹7400 at 10% per year for 2 years (in ₹)?
  16. 16.The price of a cricket ball changed from ₹250 to ₹175. What is the percentage decrease?
  17. 17.The price of a water bottle changed from ₹400 to ₹600. What is the percentage increase?
  18. 18.What is the simple interest on ₹8000 at 4% per year for 4 years (in ₹)?
  19. 19.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1570. What is the loss (in ₹)?
  20. 20.A table costs ₹2600. It is sold at a 25% loss. What is the selling price (in ₹)?
  21. 21.The price of a water bottle changed from ₹400 to ₹640. What is the percentage increase?
  22. 22.What is 45% of 980?
  23. 23.What is 10% of 500?
  24. 24.What is the simple interest on ₹5000 at 12% per year for 4 years (in ₹)?
  25. 25.What is 5% of 760?
  26. 26.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1930. What is the profit (in ₹)?
  27. 27.A cooler bought for ₹2200 is sold for ₹3080. What is the profit per cent?
  28. 28.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 1 year (in ₹)?
  29. 29.A mobile phone costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
  30. 30.The price of a bus pass changed from ₹80 to ₹40. What is the percentage decrease?
  31. 31.A fan costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?
  32. 32.A watch bought for ₹3900 is sold for ₹5850. What is the profit per cent?
  33. 33.What is 75% of 620?
  34. 34.What is the amount (principal + simple interest) on ₹1300 at 2% per year for 3 years (in ₹)?
  35. 35.A cooler costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
  37. 37.A fan costs ₹2100. It is sold at a 15% profit. What is the selling price (in ₹)?
  38. 38.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
  39. 39.What is the amount (principal + simple interest) on ₹7500 at 10% per year for 5 years (in ₹)?
  40. 40.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹750. What is the loss (in ₹)?

Answer key

  1. 150
  2. 102
  3. 5
  4. 380
  5. 2640
  6. 172
  7. 10
  8. 30
  9. 4000
  10. 6720
  11. 2205
  12. 561
  13. 2940
  14. 5
  15. 1480
  16. 30
  17. 50
  18. 1280
  19. 30
  20. 1950
  21. 60
  22. 441
  23. 50
  24. 2400
  25. 38
  26. 80
  27. 40
  28. 1100
  29. 810
  30. 50
  31. 230
  32. 50
  33. 465
  34. 1378
  35. 1200
  36. 20
  37. 2415
  38. 60
  39. 11250
  40. 300

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