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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 995 · 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 ₹600 at 4% per year for 2 years (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
  3. 3.A cricket kit bought for ₹2300 is sold for ₹2760. What is the profit per cent?
  4. 4.A shopkeeper buys a cycle for ₹250 and sells it for ₹320. What is the profit (in ₹)?
  5. 5.A cooler bought for ₹3100 is sold for ₹3565. What is the profit per cent?
  6. 6.A mobile phone bought for ₹2900 is sold for ₹3045. What is the profit per cent?
  7. 7.A cycle costs ₹800. It is sold at a 10% loss. What is the selling price (in ₹)?
  8. 8.What is 90% of 660?
  9. 9.A table costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1680. What is the profit (in ₹)?
  11. 11.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
  12. 12.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2080. What is the profit (in ₹)?
  13. 13.What is 20% of 600?
  14. 14.What is the amount (principal + simple interest) on ₹10000 at 8% per year for 5 years (in ₹)?
  15. 15.A fan costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?
  16. 16.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
  17. 17.What is the simple interest on ₹6200 at 8% per year for 5 years (in ₹)?
  18. 18.The price of a box of mangoes changed from ₹20 to ₹38. What is the percentage increase?
  19. 19.The price of a box of mangoes changed from ₹80 to ₹100. What is the percentage increase?
  20. 20.What is the amount (principal + simple interest) on ₹2500 at 6% per year for 2 years (in ₹)?
  21. 21.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
  22. 22.A fan costs ₹1100. It is sold at a 12% loss. What is the selling price (in ₹)?
  23. 23.A cycle bought for ₹3200 is sold for ₹3040. What is the loss per cent?
  24. 24.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹2950. What is the profit (in ₹)?
  25. 25.A shopkeeper buys a watch for ₹900 and sells it for ₹1120. What is the profit (in ₹)?
  26. 26.A table bought for ₹2900 is sold for ₹2175. What is the loss per cent?
  27. 27.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
  28. 28.The price of a water bottle changed from ₹100 to ₹70. What is the percentage decrease?
  29. 29.What is 45% of 760?
  30. 30.What is 95% of 900?
  31. 31.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2470. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹840. What is the loss (in ₹)?
  34. 34.What is 95% of 140?
  35. 35.The price of a water bottle changed from ₹50 to ₹20. What is the percentage decrease?
  36. 36.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹940. What is the loss (in ₹)?
  37. 37.What is 60% of 160?
  38. 38.What is 60% of 360?
  39. 39.A mobile phone costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹6300 at 10% per year for 3 years (in ₹)?

Answer key

  1. 48
  2. 2
  3. 20
  4. 70
  5. 15
  6. 5
  7. 720
  8. 594
  9. 4080
  10. 130
  11. 20
  12. 130
  13. 120
  14. 14000
  15. 1680
  16. 20
  17. 2480
  18. 90
  19. 25
  20. 2800
  21. 10
  22. 968
  23. 5
  24. 200
  25. 220
  26. 25
  27. 80
  28. 30
  29. 342
  30. 855
  31. 2000
  32. 280
  33. 110
  34. 133
  35. 60
  36. 60
  37. 96
  38. 216
  39. 1200
  40. 1890

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