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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 217 · 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 ₹4200 at 11% per year for 3 years (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹100 to ₹95. What is the percentage decrease?
  3. 3.What is 40% of 780?
  4. 4.A cycle bought for ₹700 is sold for ₹350. What is the loss per cent?
  5. 5.The price of a school bag changed from ₹250 to ₹375. What is the percentage increase?
  6. 6.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3120. What is the profit (in ₹)?
  7. 7.The price of a school bag changed from ₹50 to ₹45. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹9800 at 8% per year for 2 years (in ₹)?
  9. 9.What is the simple interest on ₹1000 at 3% per year for 3 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹3200 at 12% per year for 5 years (in ₹)?
  11. 11.What is the simple interest on ₹4300 at 8% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹8400 at 8% per year for 2 years (in ₹)?
  13. 13.A cricket kit bought for ₹2000 is sold for ₹2100. What is the profit per cent?
  14. 14.What is the amount (principal + simple interest) on ₹1000 at 3% per year for 5 years (in ₹)?
  15. 15.A cooler bought for ₹2000 is sold for ₹1900. What is the loss per cent?
  16. 16.What is the simple interest on ₹9700 at 11% per year for 3 years (in ₹)?
  17. 17.A cricket kit costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹5700 at 7% per year for 3 years (in ₹)?
  19. 19.What is the simple interest on ₹8700 at 5% per year for 5 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹5600 at 3% per year for 4 years (in ₹)?
  21. 21.A watch costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  22. 22.A sewing machine costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a table for ₹650 and sells it for ₹820. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹2500 at 5% per year for 4 years (in ₹)?
  25. 25.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2960. What is the profit (in ₹)?
  26. 26.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  27. 27.What is the simple interest on ₹4900 at 7% per year for 2 years (in ₹)?
  28. 28.A watch costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.What is 55% of 660?
  30. 30.What is 40% of 180?
  31. 31.What is the simple interest on ₹7400 at 8% per year for 1 year (in ₹)?
  32. 32.What is 70% of 560?
  33. 33.A cooler costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹400 and sells it for ₹430. What is the profit (in ₹)?
  35. 35.What is the simple interest on ₹1300 at 5% per year for 1 year (in ₹)?
  36. 36.What is the simple interest on ₹6900 at 7% per year for 5 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹4900 at 11% per year for 2 years (in ₹)?
  38. 38.What is 70% of 640?
  39. 39.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
  40. 40.The price of a bus pass changed from ₹400 to ₹320. What is the percentage decrease?

Answer key

  1. 5586
  2. 5
  3. 312
  4. 50
  5. 50
  6. 120
  7. 10
  8. 11368
  9. 90
  10. 5120
  11. 1720
  12. 1344
  13. 5
  14. 1150
  15. 5
  16. 3201
  17. 3800
  18. 1197
  19. 2175
  20. 6272
  21. 1344
  22. 630
  23. 170
  24. 500
  25. 10
  26. 60
  27. 686
  28. 1210
  29. 363
  30. 72
  31. 592
  32. 392
  33. 900
  34. 30
  35. 65
  36. 2415
  37. 5978
  38. 448
  39. 160
  40. 20

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