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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 178 · 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 ₹8500 at 5% per year for 3 years (in ₹)?
  2. 2.A cycle costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹8600 at 8% per year for 3 years (in ₹)?
  4. 4.A sewing machine bought for ₹1700 is sold for ₹1615. What is the loss per cent?
  5. 5.A watch costs ₹1000. It is sold at a 12% profit. What is the selling price (in ₹)?
  6. 6.The price of a water bottle changed from ₹20 to ₹12. What is the percentage decrease?
  7. 7.What is the simple interest on ₹5100 at 7% per year for 2 years (in ₹)?
  8. 8.What is the simple interest on ₹1800 at 3% per year for 3 years (in ₹)?
  9. 9.What is 45% of 560?
  10. 10.What is 20% of 180?
  11. 11.A mobile phone costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹1000 at 3% per year for 2 years (in ₹)?
  13. 13.A cooler costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
  14. 14.What is 25% of 80?
  15. 15.A table costs ₹3800. It is sold at a 50% profit. What is the selling price (in ₹)?
  16. 16.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?
  17. 17.A table costs ₹1800. It is sold at a 10% loss. What is the selling price (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹5400 at 3% per year for 2 years (in ₹)?
  19. 19.What is the simple interest on ₹2000 at 6% per year for 4 years (in ₹)?
  20. 20.The price of a water bottle changed from ₹400 to ₹440. What is the percentage increase?
  21. 21.What is 85% of 480?
  22. 22.A shopkeeper buys a watch for ₹2400 and sells it for ₹2370. What is the loss (in ₹)?
  23. 23.A shopkeeper buys a table for ₹2450 and sells it for ₹2210. What is the loss (in ₹)?
  24. 24.What is the simple interest on ₹5700 at 5% per year for 3 years (in ₹)?
  25. 25.What is the simple interest on ₹7600 at 9% per year for 1 year (in ₹)?
  26. 26.What is 20% of 620?
  27. 27.What is the amount (principal + simple interest) on ₹2400 at 7% per year for 4 years (in ₹)?
  28. 28.What is 25% of 200?
  29. 29.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹980. What is the profit (in ₹)?
  30. 30.What is the simple interest on ₹8200 at 7% per year for 5 years (in ₹)?
  31. 31.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
  32. 32.What is 85% of 500?
  33. 33.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
  34. 34.What is the simple interest on ₹9500 at 5% per year for 5 years (in ₹)?
  35. 35.What is the simple interest on ₹4700 at 9% per year for 3 years (in ₹)?
  36. 36.A cricket kit bought for ₹3800 is sold for ₹4370. What is the profit per cent?
  37. 37.What is 30% of 880?
  38. 38.A sewing machine costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
  39. 39.A fan bought for ₹500 is sold for ₹560. What is the profit per cent?
  40. 40.What is the amount (principal + simple interest) on ₹7500 at 4% per year for 4 years (in ₹)?

Answer key

  1. 1275
  2. 180
  3. 2064
  4. 5
  5. 1120
  6. 40
  7. 714
  8. 162
  9. 252
  10. 36
  11. 2352
  12. 1060
  13. 3900
  14. 20
  15. 5700
  16. 2
  17. 1620
  18. 5724
  19. 480
  20. 10
  21. 408
  22. 30
  23. 240
  24. 855
  25. 684
  26. 124
  27. 3072
  28. 50
  29. 30
  30. 2870
  31. 60
  32. 425
  33. 30
  34. 2375
  35. 1269
  36. 15
  37. 264
  38. 280
  39. 12
  40. 8700

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