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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 10 · 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 ₹4500 at 4% per year for 3 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 1 year (in ₹)?
  3. 3.What is 15% of 200?
  4. 4.What is the simple interest on ₹1000 at 5% per year for 3 years (in ₹)?
  5. 5.What is 30% of 660?
  6. 6.What is the simple interest on ₹6900 at 7% per year for 2 years (in ₹)?
  7. 7.What is the simple interest on ₹5300 at 4% per year for 4 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹5000 at 7% per year for 4 years (in ₹)?
  9. 9.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  10. 10.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹580. What is the profit (in ₹)?
  11. 11.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
  12. 12.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
  13. 13.What is 25% of 420?
  14. 14.A shopkeeper buys a cycle for ₹850 and sells it for ₹590. What is the loss (in ₹)?
  15. 15.A watch bought for ₹3000 is sold for ₹1500. What is the loss per cent?
  16. 16.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 4 years (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2930. What is the profit (in ₹)?
  18. 18.The price of a water bottle changed from ₹400 to ₹396. What is the percentage decrease?
  19. 19.What is the amount (principal + simple interest) on ₹6700 at 3% per year for 2 years (in ₹)?
  20. 20.A cooler bought for ₹2100 is sold for ₹2205. What is the profit per cent?
  21. 21.What is the amount (principal + simple interest) on ₹4400 at 11% per year for 5 years (in ₹)?
  22. 22.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
  23. 23.A watch costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a fan for ₹2000 and sells it for ₹1930. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹6800 at 12% per year for 4 years (in ₹)?
  26. 26.A shopkeeper buys a table for ₹1350 and sells it for ₹1160. What is the loss (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹7800 at 10% per year for 5 years (in ₹)?
  28. 28.What is 65% of 40?
  29. 29.The price of a bus pass changed from ₹50 to ₹51. What is the percentage increase?
  30. 30.What is 45% of 280?
  31. 31.A watch costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
  32. 32.What is 45% of 220?
  33. 33.A cricket kit bought for ₹2700 is sold for ₹2565. What is the loss per cent?
  34. 34.A cooler bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  35. 35.What is 60% of 280?
  36. 36.A sewing machine bought for ₹3300 is sold for ₹3135. What is the loss per cent?
  37. 37.What is 10% of 420?
  38. 38.What is the simple interest on ₹7000 at 5% per year for 1 year (in ₹)?
  39. 39.A fan costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹8400 at 5% per year for 1 year (in ₹)?

Answer key

  1. 540
  2. 6380
  3. 30
  4. 150
  5. 198
  6. 966
  7. 848
  8. 6400
  9. 40
  10. 130
  11. 40
  12. 30
  13. 105
  14. 260
  15. 50
  16. 6384
  17. 280
  18. 1
  19. 7102
  20. 5
  21. 6820
  22. 10
  23. 2100
  24. 70
  25. 10064
  26. 190
  27. 11700
  28. 26
  29. 2
  30. 126
  31. 3250
  32. 99
  33. 5
  34. 12
  35. 168
  36. 5
  37. 42
  38. 350
  39. 4250
  40. 420

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