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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 989 · 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 school bag changed from ₹40 to ₹70. What is the percentage increase?
  2. 2.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
  3. 3.A mobile phone bought for ₹2300 is sold for ₹2530. What is the profit per cent?
  4. 4.What is the simple interest on ₹6000 at 3% per year for 4 years (in ₹)?
  5. 5.What is the simple interest on ₹5800 at 12% per year for 1 year (in ₹)?
  6. 6.The price of a pair of shoes changed from ₹50 to ₹49. What is the percentage decrease?
  7. 7.The price of a cricket ball changed from ₹200 to ₹160. What is the percentage decrease?
  8. 8.What is the simple interest on ₹600 at 3% per year for 2 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 1 year (in ₹)?
  10. 10.A table bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  11. 11.The price of a water bottle changed from ₹80 to ₹56. What is the percentage decrease?
  12. 12.The price of a pair of shoes changed from ₹20 to ₹8. What is the percentage decrease?
  13. 13.A watch bought for ₹3200 is sold for ₹3520. What is the profit per cent?
  14. 14.What is the simple interest on ₹9500 at 11% per year for 1 year (in ₹)?
  15. 15.What is 80% of 500?
  16. 16.A watch bought for ₹1900 is sold for ₹1710. What is the loss per cent?
  17. 17.The price of a school bag changed from ₹200 to ₹190. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹6700 at 3% per year for 1 year (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹5900 at 9% per year for 3 years (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹80 to ₹128. What is the percentage increase?
  21. 21.What is the amount (principal + simple interest) on ₹9200 at 12% per year for 3 years (in ₹)?
  22. 22.What is 75% of 160?
  23. 23.What is the simple interest on ₹2500 at 6% per year for 3 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹3300 at 9% per year for 3 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 4 years (in ₹)?
  26. 26.A table bought for ₹2300 is sold for ₹3220. What is the profit per cent?
  27. 27.What is 70% of 720?
  28. 28.A watch costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹2100 at 12% per year for 4 years (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹2000 and sells it for ₹2210. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹9600 at 10% per year for 3 years (in ₹)?
  32. 32.What is the simple interest on ₹5100 at 12% per year for 3 years (in ₹)?
  33. 33.The price of a school bag changed from ₹50 to ₹75. What is the percentage increase?
  34. 34.A shopkeeper buys a watch for ₹500 and sells it for ₹750. What is the profit (in ₹)?
  35. 35.A mobile phone costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2900 at 9% per year for 1 year (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹5600 at 9% per year for 4 years (in ₹)?
  38. 38.A watch bought for ₹3800 is sold for ₹2280. What is the loss per cent?
  39. 39.The price of a water bottle changed from ₹200 to ₹320. What is the percentage increase?
  40. 40.A shopkeeper buys a fan for ₹2850 and sells it for ₹2600. What is the loss (in ₹)?

Answer key

  1. 75
  2. 20
  3. 10
  4. 720
  5. 696
  6. 2
  7. 20
  8. 36
  9. 1938
  10. 5
  11. 30
  12. 60
  13. 10
  14. 1045
  15. 400
  16. 10
  17. 5
  18. 6901
  19. 7493
  20. 60
  21. 12512
  22. 120
  23. 450
  24. 4191
  25. 1344
  26. 40
  27. 504
  28. 3000
  29. 1008
  30. 210
  31. 12480
  32. 1836
  33. 50
  34. 250
  35. 1450
  36. 3161
  37. 7616
  38. 40
  39. 60
  40. 250

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