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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 351 · 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 ₹1400 at 5% per year for 3 years (in ₹)?
  2. 2.What is 15% of 280?
  3. 3.What is 45% of 560?
  4. 4.A fan bought for ₹2000 is sold for ₹1800. What is the loss per cent?
  5. 5.What is 30% of 100?
  6. 6.What is 85% of 980?
  7. 7.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
  8. 8.What is 15% of 860?
  9. 9.What is the amount (principal + simple interest) on ₹3900 at 5% per year for 4 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹9100 at 10% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8100 at 5% per year for 1 year (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹5300 at 8% per year for 2 years (in ₹)?
  13. 13.What is the simple interest on ₹800 at 5% per year for 1 year (in ₹)?
  14. 14.A mobile phone bought for ₹400 is sold for ₹320. What is the loss per cent?
  15. 15.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1950. What is the profit (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹8900 at 9% per year for 5 years (in ₹)?
  17. 17.What is the simple interest on ₹7000 at 6% per year for 2 years (in ₹)?
  18. 18.A watch costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
  19. 19.A watch bought for ₹3600 is sold for ₹2160. What is the loss per cent?
  20. 20.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 5 years (in ₹)?
  21. 21.A table bought for ₹2100 is sold for ₹2520. What is the profit per cent?
  22. 22.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1210. What is the loss (in ₹)?
  23. 23.A fan costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
  24. 24.The price of a cricket ball changed from ₹40 to ₹44. What is the percentage increase?
  25. 25.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹360. What is the profit (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1890. What is the profit (in ₹)?
  27. 27.What is the simple interest on ₹2300 at 11% per year for 5 years (in ₹)?
  28. 28.A table bought for ₹700 is sold for ₹350. What is the loss per cent?
  29. 29.The price of a bus pass changed from ₹200 to ₹20. What is the percentage decrease?
  30. 30.The price of a water bottle changed from ₹250 to ₹175. What is the percentage decrease?
  31. 31.A shopkeeper buys a cricket kit for ₹1950 and sells it for ₹1920. What is the loss (in ₹)?
  32. 32.The price of a bus pass changed from ₹400 to ₹408. What is the percentage increase?
  33. 33.The price of a box of mangoes changed from ₹400 to ₹404. What is the percentage increase?
  34. 34.What is the simple interest on ₹8000 at 8% per year for 5 years (in ₹)?
  35. 35.The price of a bus pass changed from ₹20 to ₹4. What is the percentage decrease?
  36. 36.What is the amount (principal + simple interest) on ₹8100 at 11% per year for 2 years (in ₹)?
  37. 37.The price of a bus pass changed from ₹100 to ₹102. What is the percentage increase?
  38. 38.The price of a box of mangoes changed from ₹100 to ₹150. What is the percentage increase?
  39. 39.A table costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
  40. 40.A watch bought for ₹3800 is sold for ₹2660. What is the loss per cent?

Answer key

  1. 1610
  2. 42
  3. 252
  4. 10
  5. 30
  6. 833
  7. 40
  8. 129
  9. 4680
  10. 13650
  11. 8505
  12. 6148
  13. 40
  14. 20
  15. 200
  16. 12905
  17. 840
  18. 300
  19. 40
  20. 1680
  21. 20
  22. 90
  23. 420
  24. 10
  25. 10
  26. 290
  27. 1265
  28. 50
  29. 90
  30. 30
  31. 30
  32. 2
  33. 1
  34. 3200
  35. 80
  36. 9882
  37. 2
  38. 50
  39. 2400
  40. 30

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