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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 318 · 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 ₹8400 at 2% per year for 4 years (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹700 and sells it for ₹450. What is the loss (in ₹)?
  3. 3.The price of a water bottle changed from ₹100 to ₹105. What is the percentage increase?
  4. 4.What is the simple interest on ₹800 at 7% per year for 5 years (in ₹)?
  5. 5.A table costs ₹3600. It is sold at a 10% loss. What is the selling price (in ₹)?
  6. 6.A table bought for ₹700 is sold for ₹784. What is the profit per cent?
  7. 7.What is the simple interest on ₹8800 at 4% per year for 1 year (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹6700 at 10% per year for 1 year (in ₹)?
  9. 9.What is the simple interest on ₹6600 at 8% per year for 2 years (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1470. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2670. What is the profit (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹4400 at 7% per year for 1 year (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹2500 at 2% per year for 4 years (in ₹)?
  14. 14.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1810. What is the loss (in ₹)?
  15. 15.A cycle costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
  16. 16.What is 35% of 700?
  17. 17.What is 5% of 40?
  18. 18.What is 5% of 220?
  19. 19.What is the simple interest on ₹2000 at 9% per year for 2 years (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
  21. 21.The price of a school bag changed from ₹200 to ₹260. What is the percentage increase?
  22. 22.The price of a pair of shoes changed from ₹80 to ₹48. What is the percentage decrease?
  23. 23.What is the amount (principal + simple interest) on ₹9300 at 11% per year for 3 years (in ₹)?
  24. 24.A table costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
  25. 25.A fan costs ₹1900. It is sold at a 15% loss. What is the selling price (in ₹)?
  26. 26.The price of a pair of shoes changed from ₹80 to ₹84. What is the percentage increase?
  27. 27.What is 20% of 380?
  28. 28.A cricket kit costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2860. What is the loss (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 2 years (in ₹)?
  31. 31.What is 65% of 680?
  32. 32.The price of a box of mangoes changed from ₹500 to ₹475. What is the percentage decrease?
  33. 33.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  34. 34.A mobile phone costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 3 years (in ₹)?
  36. 36.A mobile phone costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 5 years (in ₹)?
  38. 38.What is 10% of 200?
  39. 39.What is 5% of 420?
  40. 40.What is the simple interest on ₹5600 at 6% per year for 1 year (in ₹)?

Answer key

  1. 672
  2. 250
  3. 5
  4. 280
  5. 3240
  6. 12
  7. 352
  8. 7370
  9. 1056
  10. 280
  11. 170
  12. 4708
  13. 2700
  14. 140
  15. 2112
  16. 245
  17. 2
  18. 11
  19. 360
  20. 40
  21. 30
  22. 40
  23. 12369
  24. 855
  25. 1615
  26. 5
  27. 76
  28. 750
  29. 90
  30. 7314
  31. 442
  32. 5
  33. 20
  34. 1680
  35. 12376
  36. 880
  37. 9545
  38. 20
  39. 21
  40. 336

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