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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 172 · 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 watch costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹2900 at 8% per year for 3 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 5 years (in ₹)?
  4. 4.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹460. What is the loss (in ₹)?
  5. 5.What is the simple interest on ₹8800 at 12% per year for 4 years (in ₹)?
  6. 6.What is the simple interest on ₹8500 at 2% per year for 5 years (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹730. What is the profit (in ₹)?
  8. 8.The price of a school bag changed from ₹200 to ₹350. What is the percentage increase?
  9. 9.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹890. What is the profit (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1400 at 2% per year for 4 years (in ₹)?
  11. 11.What is 20% of 980?
  12. 12.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 1 year (in ₹)?
  13. 13.What is the simple interest on ₹5800 at 9% per year for 5 years (in ₹)?
  14. 14.What is 95% of 740?
  15. 15.What is 95% of 80?
  16. 16.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 3 years (in ₹)?
  17. 17.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  18. 18.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2380. What is the loss (in ₹)?
  19. 19.A sewing machine bought for ₹2600 is sold for ₹2288. What is the loss per cent?
  20. 20.A fan bought for ₹2600 is sold for ₹2340. What is the loss per cent?
  21. 21.What is the simple interest on ₹4100 at 2% per year for 4 years (in ₹)?
  22. 22.A cycle costs ₹1700. It is sold at a 10% loss. What is the selling price (in ₹)?
  23. 23.A table bought for ₹1200 is sold for ₹600. What is the loss per cent?
  24. 24.What is the amount (principal + simple interest) on ₹9400 at 8% per year for 5 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 1 year (in ₹)?
  26. 26.What is the simple interest on ₹5700 at 11% per year for 4 years (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹80 to ₹76. What is the percentage decrease?
  28. 28.What is 70% of 840?
  29. 29.What is 75% of 720?
  30. 30.What is 95% of 880?
  31. 31.What is the simple interest on ₹8800 at 10% per year for 5 years (in ₹)?
  32. 32.The price of a bus pass changed from ₹50 to ₹40. What is the percentage decrease?
  33. 33.What is 5% of 160?
  34. 34.A sewing machine bought for ₹3600 is sold for ₹5040. What is the profit per cent?
  35. 35.What is the simple interest on ₹9600 at 5% per year for 5 years (in ₹)?
  36. 36.What is 25% of 620?
  37. 37.A watch costs ₹3000. It is sold at a 30% loss. What is the selling price (in ₹)?
  38. 38.A mobile phone bought for ₹3500 is sold for ₹4375. What is the profit per cent?
  39. 39.A shopkeeper buys a fan for ₹2950 and sells it for ₹2930. What is the loss (in ₹)?
  40. 40.What is the simple interest on ₹3200 at 4% per year for 4 years (in ₹)?

Answer key

  1. 630
  2. 696
  3. 3220
  4. 90
  5. 4224
  6. 850
  7. 180
  8. 75
  9. 40
  10. 1512
  11. 196
  12. 8748
  13. 2610
  14. 703
  15. 76
  16. 6726
  17. 20
  18. 220
  19. 12
  20. 10
  21. 328
  22. 1530
  23. 50
  24. 13160
  25. 10379
  26. 2508
  27. 5
  28. 588
  29. 540
  30. 836
  31. 4400
  32. 20
  33. 8
  34. 40
  35. 2400
  36. 155
  37. 2100
  38. 25
  39. 20
  40. 512

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