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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 429 · 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 9% per year for 4 years (in ₹)?
  2. 2.What is 45% of 620?
  3. 3.What is the simple interest on ₹1700 at 8% per year for 2 years (in ₹)?
  4. 4.The price of a box of mangoes changed from ₹20 to ₹5. What is the percentage decrease?
  5. 5.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
  6. 6.What is the simple interest on ₹1200 at 5% per year for 2 years (in ₹)?
  7. 7.A cycle bought for ₹1700 is sold for ₹2550. What is the profit per cent?
  8. 8.What is the amount (principal + simple interest) on ₹1400 at 5% per year for 1 year (in ₹)?
  9. 9.A cycle costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹2500 and sells it for ₹2790. What is the profit (in ₹)?
  11. 11.A sewing machine costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
  12. 12.A sewing machine costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
  13. 13.A fan costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  14. 14.A table costs ₹1700. It is sold at a 10% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹1000 at 4% per year for 2 years (in ₹)?
  16. 16.The price of a cricket ball changed from ₹400 to ₹240. What is the percentage decrease?
  17. 17.What is 80% of 960?
  18. 18.What is the simple interest on ₹5800 at 8% per year for 3 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹2600 at 6% per year for 5 years (in ₹)?
  20. 20.A cricket kit costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
  21. 21.A mobile phone bought for ₹1600 is sold for ₹2000. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹7400 at 3% per year for 2 years (in ₹)?
  23. 23.A shopkeeper buys a table for ₹1550 and sells it for ₹1720. What is the profit (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹7700 at 11% per year for 1 year (in ₹)?
  25. 25.What is the simple interest on ₹700 at 4% per year for 4 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹9000 at 5% per year for 2 years (in ₹)?
  27. 27.The price of a bus pass changed from ₹20 to ₹26. What is the percentage increase?
  28. 28.What is the simple interest on ₹2300 at 4% per year for 3 years (in ₹)?
  29. 29.A cycle bought for ₹500 is sold for ₹625. What is the profit per cent?
  30. 30.A shopkeeper buys a watch for ₹2800 and sells it for ₹2970. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹8000 at 12% per year for 4 years (in ₹)?
  32. 32.What is 65% of 220?
  33. 33.What is the simple interest on ₹4900 at 9% per year for 1 year (in ₹)?
  34. 34.A table costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.What is 45% of 100?
  36. 36.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
  37. 37.What is 90% of 300?
  38. 38.What is 75% of 520?
  39. 39.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1620. What is the profit (in ₹)?
  40. 40.What is 55% of 780?

Answer key

  1. 5712
  2. 279
  3. 272
  4. 75
  5. 40
  6. 120
  7. 50
  8. 1470
  9. 1344
  10. 290
  11. 2310
  12. 1250
  13. 1265
  14. 1870
  15. 80
  16. 40
  17. 768
  18. 1392
  19. 3380
  20. 225
  21. 25
  22. 7844
  23. 170
  24. 8547
  25. 112
  26. 9900
  27. 30
  28. 276
  29. 25
  30. 170
  31. 11840
  32. 143
  33. 441
  34. 3255
  35. 45
  36. 80
  37. 270
  38. 390
  39. 70
  40. 429

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