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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 994 · 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 cycle bought for ₹200 is sold for ₹176. What is the loss per cent?
  2. 2.What is the amount (principal + simple interest) on ₹7400 at 12% per year for 1 year (in ₹)?
  3. 3.A fan costs ₹3500. It is sold at a 10% profit. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹2600 at 8% per year for 3 years (in ₹)?
  5. 5.What is 20% of 720?
  6. 6.What is 25% of 160?
  7. 7.A sewing machine costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
  8. 8.The price of a school bag changed from ₹200 to ₹50. What is the percentage decrease?
  9. 9.A cricket kit bought for ₹1900 is sold for ₹1615. What is the loss per cent?
  10. 10.What is 35% of 720?
  11. 11.What is 45% of 480?
  12. 12.A table costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
  13. 13.What is 15% of 620?
  14. 14.What is 40% of 200?
  15. 15.What is the simple interest on ₹5000 at 5% per year for 4 years (in ₹)?
  16. 16.What is the simple interest on ₹2600 at 2% per year for 3 years (in ₹)?
  17. 17.A table costs ₹2600. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹3000 at 9% per year for 1 year (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹200 and sells it for ₹170. What is the loss (in ₹)?
  20. 20.What is 95% of 140?
  21. 21.What is the simple interest on ₹9200 at 3% per year for 4 years (in ₹)?
  22. 22.What is the simple interest on ₹3800 at 9% per year for 1 year (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹20 to ₹18. What is the percentage decrease?
  24. 24.What is the simple interest on ₹3400 at 5% per year for 4 years (in ₹)?
  25. 25.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2450. What is the loss (in ₹)?
  26. 26.What is the simple interest on ₹3800 at 3% per year for 4 years (in ₹)?
  27. 27.What is the simple interest on ₹7800 at 11% per year for 5 years (in ₹)?
  28. 28.What is 25% of 680?
  29. 29.A fan costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
  30. 30.A watch bought for ₹1800 is sold for ₹2340. What is the profit per cent?
  31. 31.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
  32. 32.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2380. What is the loss (in ₹)?
  33. 33.What is the simple interest on ₹1500 at 4% per year for 1 year (in ₹)?
  34. 34.A cricket kit bought for ₹1700 is sold for ₹850. What is the loss per cent?
  35. 35.What is the simple interest on ₹5900 at 9% per year for 4 years (in ₹)?
  36. 36.The price of a box of mangoes changed from ₹400 to ₹80. What is the percentage decrease?
  37. 37.A watch costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1610. What is the loss (in ₹)?
  39. 39.What is the simple interest on ₹4400 at 8% per year for 4 years (in ₹)?
  40. 40.The price of a cricket ball changed from ₹100 to ₹105. What is the percentage increase?

Answer key

  1. 12
  2. 8288
  3. 3850
  4. 624
  5. 144
  6. 40
  7. 3024
  8. 75
  9. 15
  10. 252
  11. 216
  12. 640
  13. 93
  14. 80
  15. 1000
  16. 156
  17. 3380
  18. 270
  19. 30
  20. 133
  21. 1104
  22. 342
  23. 10
  24. 680
  25. 100
  26. 456
  27. 4290
  28. 170
  29. 4250
  30. 30
  31. 10
  32. 220
  33. 60
  34. 50
  35. 2124
  36. 80
  37. 2960
  38. 290
  39. 1408
  40. 5

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