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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 956 · 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 mobile phone costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
  2. 2.A cricket kit costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
  3. 3.A watch bought for ₹700 is sold for ₹616. What is the loss per cent?
  4. 4.A mobile phone bought for ₹2300 is sold for ₹2024. What is the loss per cent?
  5. 5.What is the simple interest on ₹2000 at 6% per year for 4 years (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹950 and sells it for ₹650. What is the loss (in ₹)?
  7. 7.The price of a school bag changed from ₹100 to ₹10. What is the percentage decrease?
  8. 8.What is 10% of 780?
  9. 9.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 3 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹7300 at 10% per year for 3 years (in ₹)?
  11. 11.What is 85% of 400?
  12. 12.What is the amount (principal + simple interest) on ₹3100 at 11% per year for 5 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 3 years (in ₹)?
  14. 14.The price of a school bag changed from ₹80 to ₹60. What is the percentage decrease?
  15. 15.What is the simple interest on ₹9100 at 5% per year for 1 year (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹6600 at 5% per year for 5 years (in ₹)?
  17. 17.A mobile phone costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  18. 18.A fan bought for ₹1500 is sold for ₹1200. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹10000 at 8% per year for 5 years (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹40 to ₹38. What is the percentage decrease?
  21. 21.What is 20% of 300?
  22. 22.What is the simple interest on ₹9200 at 10% per year for 3 years (in ₹)?
  23. 23.What is 25% of 340?
  24. 24.What is the simple interest on ₹10000 at 3% per year for 5 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 1 year (in ₹)?
  26. 26.The price of a cricket ball changed from ₹50 to ₹75. What is the percentage increase?
  27. 27.A cycle costs ₹2300. It is sold at a 40% profit. What is the selling price (in ₹)?
  28. 28.What is 70% of 240?
  29. 29.The price of a cricket ball changed from ₹250 to ₹25. What is the percentage decrease?
  30. 30.What is 55% of 200?
  31. 31.What is the simple interest on ₹7700 at 10% per year for 3 years (in ₹)?
  32. 32.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1120. What is the loss (in ₹)?
  33. 33.The price of a school bag changed from ₹250 to ₹400. What is the percentage increase?
  34. 34.What is the simple interest on ₹3900 at 12% per year for 1 year (in ₹)?
  35. 35.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
  36. 36.The price of a water bottle changed from ₹250 to ₹300. What is the percentage increase?
  37. 37.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  38. 38.A sewing machine costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
  39. 39.What is 65% of 560?
  40. 40.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 5 years (in ₹)?

Answer key

  1. 4080
  2. 3248
  3. 12
  4. 12
  5. 480
  6. 300
  7. 90
  8. 78
  9. 6650
  10. 9490
  11. 340
  12. 4805
  13. 1635
  14. 25
  15. 455
  16. 8250
  17. 440
  18. 20
  19. 14000
  20. 5
  21. 60
  22. 2760
  23. 85
  24. 1500
  25. 1417
  26. 50
  27. 3220
  28. 168
  29. 90
  30. 110
  31. 2310
  32. 80
  33. 60
  34. 468
  35. 80
  36. 20
  37. 60
  38. 600
  39. 364
  40. 3750

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