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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 170 · 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 amount (principal + simple interest) on ₹1100 at 4% per year for 1 year (in ₹)?
  2. 2.What is the simple interest on ₹8100 at 2% per year for 2 years (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹50 to ₹49. What is the percentage decrease?
  4. 4.A cooler bought for ₹3400 is sold for ₹4760. What is the profit per cent?
  5. 5.The price of a box of mangoes changed from ₹50 to ₹70. What is the percentage increase?
  6. 6.What is the simple interest on ₹8500 at 6% per year for 2 years (in ₹)?
  7. 7.A table bought for ₹200 is sold for ₹160. What is the loss per cent?
  8. 8.The price of a bus pass changed from ₹500 to ₹495. What is the percentage decrease?
  9. 9.What is 90% of 660?
  10. 10.What is 70% of 740?
  11. 11.What is the simple interest on ₹4900 at 2% per year for 1 year (in ₹)?
  12. 12.What is the simple interest on ₹9300 at 2% per year for 1 year (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹4900 at 5% per year for 5 years (in ₹)?
  14. 14.A sewing machine bought for ₹2800 is sold for ₹3640. What is the profit per cent?
  15. 15.What is the simple interest on ₹4100 at 8% per year for 1 year (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹7100 at 6% per year for 1 year (in ₹)?
  17. 17.A cooler costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  18. 18.A cycle bought for ₹2000 is sold for ₹1200. What is the loss per cent?
  19. 19.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1280. What is the loss (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 3 years (in ₹)?
  21. 21.The price of a box of mangoes changed from ₹250 to ₹300. What is the percentage increase?
  22. 22.What is the amount (principal + simple interest) on ₹5500 at 12% per year for 3 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹7700 at 3% per year for 3 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹3200 at 6% per year for 4 years (in ₹)?
  25. 25.What is 10% of 500?
  26. 26.The price of a bus pass changed from ₹50 to ₹95. What is the percentage increase?
  27. 27.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1780. What is the profit (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹7600 at 11% per year for 1 year (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹600 at 9% per year for 3 years (in ₹)?
  30. 30.A shopkeeper buys a watch for ₹1500 and sells it for ₹1480. What is the loss (in ₹)?
  31. 31.What is 5% of 680?
  32. 32.What is the simple interest on ₹7700 at 5% per year for 5 years (in ₹)?
  33. 33.What is 25% of 640?
  34. 34.A cooler costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹500 at 8% per year for 1 year (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹850 and sells it for ₹640. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹9100 at 7% per year for 2 years (in ₹)?
  38. 38.A sewing machine bought for ₹800 is sold for ₹896. What is the profit per cent?
  39. 39.What is the simple interest on ₹1400 at 4% per year for 1 year (in ₹)?
  40. 40.A fan bought for ₹700 is sold for ₹980. What is the profit per cent?

Answer key

  1. 1144
  2. 324
  3. 2
  4. 40
  5. 40
  6. 1020
  7. 20
  8. 1
  9. 594
  10. 518
  11. 98
  12. 186
  13. 6125
  14. 30
  15. 328
  16. 7526
  17. 630
  18. 40
  19. 70
  20. 1690
  21. 20
  22. 7480
  23. 8393
  24. 3968
  25. 50
  26. 90
  27. 130
  28. 8436
  29. 762
  30. 20
  31. 34
  32. 1925
  33. 160
  34. 1680
  35. 540
  36. 210
  37. 10374
  38. 12
  39. 56
  40. 40

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