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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 485 · 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 ₹7100 at 6% per year for 1 year (in ₹)?
  2. 2.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
  3. 3.The price of a school bag changed from ₹250 to ₹100. What is the percentage decrease?
  4. 4.The price of a box of mangoes changed from ₹20 to ₹35. What is the percentage increase?
  5. 5.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2300. What is the loss (in ₹)?
  6. 6.What is the simple interest on ₹5600 at 8% per year for 5 years (in ₹)?
  7. 7.What is the simple interest on ₹5500 at 3% per year for 4 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹2900 at 8% per year for 5 years (in ₹)?
  9. 9.What is 25% of 140?
  10. 10.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹1600 and sells it for ₹1640. What is the profit (in ₹)?
  12. 12.A mobile phone bought for ₹3800 is sold for ₹4256. What is the profit per cent?
  13. 13.What is 45% of 860?
  14. 14.What is the simple interest on ₹4100 at 2% per year for 4 years (in ₹)?
  15. 15.A cricket kit costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹900 at 2% per year for 3 years (in ₹)?
  17. 17.What is 25% of 780?
  18. 18.What is the amount (principal + simple interest) on ₹8300 at 7% per year for 3 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹7700 at 5% per year for 2 years (in ₹)?
  20. 20.What is the simple interest on ₹3200 at 2% per year for 5 years (in ₹)?
  21. 21.What is 25% of 920?
  22. 22.What is the simple interest on ₹900 at 2% per year for 2 years (in ₹)?
  23. 23.A shopkeeper buys a table for ₹900 and sells it for ₹1000. What is the profit (in ₹)?
  24. 24.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
  25. 25.A cycle costs ₹3900. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.The price of a cricket ball changed from ₹200 to ₹40. What is the percentage decrease?
  27. 27.A cycle bought for ₹3300 is sold for ₹2640. What is the loss per cent?
  28. 28.A cricket kit costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
  29. 29.A fan costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
  30. 30.A cricket kit costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹9100 at 5% per year for 5 years (in ₹)?
  32. 32.A sewing machine bought for ₹2700 is sold for ₹2160. What is the loss per cent?
  33. 33.What is the simple interest on ₹3700 at 10% per year for 1 year (in ₹)?
  34. 34.What is 75% of 40?
  35. 35.What is the amount (principal + simple interest) on ₹5900 at 8% per year for 4 years (in ₹)?
  36. 36.What is 75% of 900?
  37. 37.What is the amount (principal + simple interest) on ₹500 at 9% per year for 4 years (in ₹)?
  38. 38.A fan costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?
  39. 39.The price of a box of mangoes changed from ₹250 to ₹150. What is the percentage decrease?
  40. 40.What is the simple interest on ₹1900 at 12% per year for 5 years (in ₹)?

Answer key

  1. 426
  2. 40
  3. 60
  4. 75
  5. 150
  6. 2240
  7. 660
  8. 4060
  9. 35
  10. 2040
  11. 40
  12. 12
  13. 387
  14. 328
  15. 1440
  16. 54
  17. 195
  18. 10043
  19. 8470
  20. 320
  21. 230
  22. 36
  23. 100
  24. 25
  25. 3705
  26. 80
  27. 20
  28. 810
  29. 3750
  30. 2375
  31. 11375
  32. 20
  33. 370
  34. 30
  35. 7788
  36. 675
  37. 680
  38. 1650
  39. 40
  40. 1140

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