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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 100 · 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 ₹4800 at 3% per year for 1 year (in ₹)?
  2. 2.What is the simple interest on ₹3200 at 5% per year for 3 years (in ₹)?
  3. 3.What is 15% of 180?
  4. 4.A cricket kit bought for ₹1300 is sold for ₹1040. What is the loss per cent?
  5. 5.A shopkeeper buys a table for ₹2700 and sells it for ₹2430. What is the loss (in ₹)?
  6. 6.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  7. 7.The price of a cricket ball changed from ₹20 to ₹4. What is the percentage decrease?
  8. 8.What is 80% of 680?
  9. 9.The price of a cricket ball changed from ₹100 to ₹120. What is the percentage increase?
  10. 10.A cycle costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹1400 and sells it for ₹1550. What is the profit (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹9900 at 10% per year for 5 years (in ₹)?
  13. 13.What is the simple interest on ₹7400 at 7% per year for 1 year (in ₹)?
  14. 14.A mobile phone bought for ₹3300 is sold for ₹1980. What is the loss per cent?
  15. 15.What is the amount (principal + simple interest) on ₹5000 at 4% per year for 5 years (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹2800. What is the loss (in ₹)?
  17. 17.A fan bought for ₹600 is sold for ₹840. What is the profit per cent?
  18. 18.The price of a school bag changed from ₹40 to ₹20. What is the percentage decrease?
  19. 19.A mobile phone bought for ₹2500 is sold for ₹2800. What is the profit per cent?
  20. 20.What is 90% of 820?
  21. 21.What is the simple interest on ₹7400 at 4% per year for 3 years (in ₹)?
  22. 22.A cricket kit bought for ₹3100 is sold for ₹3410. What is the profit per cent?
  23. 23.A cricket kit costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹1700 at 6% per year for 4 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 1 year (in ₹)?
  26. 26.The price of a school bag changed from ₹80 to ₹96. What is the percentage increase?
  27. 27.What is the amount (principal + simple interest) on ₹4000 at 8% per year for 3 years (in ₹)?
  28. 28.What is the simple interest on ₹9100 at 10% per year for 4 years (in ₹)?
  29. 29.A cycle costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1170. What is the profit (in ₹)?
  31. 31.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹8500 at 5% per year for 5 years (in ₹)?
  33. 33.What is 20% of 480?
  34. 34.A mobile phone costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 2 years (in ₹)?
  36. 36.What is the simple interest on ₹6100 at 6% per year for 3 years (in ₹)?
  37. 37.A shopkeeper buys a table for ₹2550 and sells it for ₹2440. What is the loss (in ₹)?
  38. 38.A mobile phone bought for ₹600 is sold for ₹672. What is the profit per cent?
  39. 39.The price of a school bag changed from ₹20 to ₹38. What is the percentage increase?
  40. 40.What is the amount (principal + simple interest) on ₹3300 at 7% per year for 2 years (in ₹)?

Answer key

  1. 144
  2. 480
  3. 27
  4. 20
  5. 270
  6. 40
  7. 80
  8. 544
  9. 20
  10. 1300
  11. 150
  12. 14850
  13. 518
  14. 40
  15. 6000
  16. 200
  17. 40
  18. 50
  19. 12
  20. 738
  21. 888
  22. 10
  23. 700
  24. 2108
  25. 2970
  26. 20
  27. 4960
  28. 3640
  29. 2590
  30. 20
  31. 2
  32. 10625
  33. 96
  34. 1344
  35. 5490
  36. 1098
  37. 110
  38. 12
  39. 90
  40. 3762

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