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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 980 · 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 box of mangoes changed from ₹20 to ₹10. What is the percentage decrease?
  2. 2.The price of a bus pass changed from ₹100 to ₹102. What is the percentage increase?
  3. 3.The price of a box of mangoes changed from ₹50 to ₹51. What is the percentage increase?
  4. 4.A mobile phone bought for ₹1100 is sold for ₹1155. What is the profit per cent?
  5. 5.What is 30% of 200?
  6. 6.A sewing machine bought for ₹2000 is sold for ₹1200. What is the loss per cent?
  7. 7.What is the simple interest on ₹7000 at 9% per year for 3 years (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2780. What is the profit (in ₹)?
  9. 9.A cooler bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  10. 10.A cycle bought for ₹3300 is sold for ₹3696. What is the profit per cent?
  11. 11.A mobile phone bought for ₹700 is sold for ₹784. What is the profit per cent?
  12. 12.What is the amount (principal + simple interest) on ₹4100 at 11% per year for 2 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 5 years (in ₹)?
  14. 14.The price of a pair of shoes changed from ₹40 to ₹64. What is the percentage increase?
  15. 15.A fan costs ₹3500. It is sold at a 40% profit. What is the selling price (in ₹)?
  16. 16.A cricket kit costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2250. What is the profit (in ₹)?
  18. 18.What is 25% of 140?
  19. 19.A cycle bought for ₹3900 is sold for ₹3705. What is the loss per cent?
  20. 20.The price of a water bottle changed from ₹250 to ₹25. What is the percentage decrease?
  21. 21.What is 85% of 40?
  22. 22.What is the simple interest on ₹3900 at 6% per year for 4 years (in ₹)?
  23. 23.What is 75% of 720?
  24. 24.The price of a pair of shoes changed from ₹400 to ₹760. What is the percentage increase?
  25. 25.A cooler bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  26. 26.A watch bought for ₹2300 is sold for ₹2645. What is the profit per cent?
  27. 27.The price of a cricket ball changed from ₹20 to ₹14. What is the percentage decrease?
  28. 28.A shopkeeper buys a cooler for ₹650 and sells it for ₹630. What is the loss (in ₹)?
  29. 29.A table bought for ₹1100 is sold for ₹968. What is the loss per cent?
  30. 30.The price of a bus pass changed from ₹500 to ₹125. What is the percentage decrease?
  31. 31.The price of a school bag changed from ₹20 to ₹10. What is the percentage decrease?
  32. 32.A cooler costs ₹1500. It is sold at a 12% loss. What is the selling price (in ₹)?
  33. 33.What is 90% of 40?
  34. 34.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 4 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹600 at 11% per year for 2 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 1 year (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹2900 at 8% per year for 5 years (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2980. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹4700 at 2% per year for 1 year (in ₹)?
  40. 40.The price of a box of mangoes changed from ₹200 to ₹160. What is the percentage decrease?

Answer key

  1. 50
  2. 2
  3. 2
  4. 5
  5. 60
  6. 40
  7. 1890
  8. 80
  9. 20
  10. 12
  11. 12
  12. 5002
  13. 11340
  14. 60
  15. 4900
  16. 855
  17. 200
  18. 35
  19. 5
  20. 90
  21. 34
  22. 936
  23. 540
  24. 90
  25. 12
  26. 15
  27. 30
  28. 20
  29. 12
  30. 75
  31. 50
  32. 1320
  33. 36
  34. 9520
  35. 732
  36. 9180
  37. 4060
  38. 180
  39. 94
  40. 20

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