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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 257 · 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 ₹9300 at 7% per year for 1 year (in ₹)?
  2. 2.A cricket kit costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
  3. 3.A cycle bought for ₹400 is sold for ₹352. What is the loss per cent?
  4. 4.What is 70% of 700?
  5. 5.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2590. What is the profit (in ₹)?
  6. 6.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
  7. 7.What is the simple interest on ₹5200 at 4% per year for 2 years (in ₹)?
  8. 8.A mobile phone bought for ₹3600 is sold for ₹4140. What is the profit per cent?
  9. 9.A mobile phone bought for ₹700 is sold for ₹490. What is the loss per cent?
  10. 10.A sewing machine costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹6100 at 5% per year for 5 years (in ₹)?
  12. 12.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2270. What is the profit (in ₹)?
  13. 13.A sewing machine bought for ₹2500 is sold for ₹2875. What is the profit per cent?
  14. 14.A sewing machine costs ₹1900. It is sold at a 50% loss. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹8900 at 9% per year for 1 year (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹7700 at 10% per year for 2 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹7100 at 12% per year for 1 year (in ₹)?
  18. 18.A cycle costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
  19. 19.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
  20. 20.A fan costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  21. 21.What is the simple interest on ₹6300 at 9% per year for 5 years (in ₹)?
  22. 22.A cooler costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
  23. 23.What is 30% of 300?
  24. 24.What is 70% of 560?
  25. 25.What is 15% of 280?
  26. 26.What is the simple interest on ₹1500 at 12% per year for 5 years (in ₹)?
  27. 27.What is 35% of 760?
  28. 28.The price of a pair of shoes changed from ₹500 to ₹900. What is the percentage increase?
  29. 29.The price of a school bag changed from ₹100 to ₹25. What is the percentage decrease?
  30. 30.What is 95% of 400?
  31. 31.What is 75% of 880?
  32. 32.What is the simple interest on ₹7800 at 2% per year for 2 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 2 years (in ₹)?
  34. 34.What is 70% of 840?
  35. 35.What is the simple interest on ₹4700 at 5% per year for 4 years (in ₹)?
  36. 36.The price of a water bottle changed from ₹20 to ₹2. What is the percentage decrease?
  37. 37.A cycle bought for ₹2400 is sold for ₹1200. What is the loss per cent?
  38. 38.What is the amount (principal + simple interest) on ₹4100 at 6% per year for 5 years (in ₹)?
  39. 39.The price of a cricket ball changed from ₹400 to ₹360. What is the percentage decrease?
  40. 40.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 4 years (in ₹)?

Answer key

  1. 651
  2. 3360
  3. 12
  4. 490
  5. 240
  6. 80
  7. 416
  8. 15
  9. 30
  10. 2016
  11. 1525
  12. 20
  13. 15
  14. 950
  15. 9701
  16. 9240
  17. 7952
  18. 2310
  19. 90
  20. 380
  21. 2835
  22. 600
  23. 90
  24. 392
  25. 42
  26. 900
  27. 266
  28. 80
  29. 75
  30. 380
  31. 660
  32. 312
  33. 4752
  34. 588
  35. 940
  36. 90
  37. 50
  38. 5330
  39. 10
  40. 7200

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