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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 488 · 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 ₹1700 at 7% per year for 5 years (in ₹)?
  2. 2.What is 25% of 260?
  3. 3.What is the amount (principal + simple interest) on ₹2000 at 7% per year for 3 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1300 at 8% per year for 1 year (in ₹)?
  5. 5.What is 60% of 180?
  6. 6.What is 90% of 60?
  7. 7.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 1 year (in ₹)?
  8. 8.A cycle costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
  9. 9.What is 55% of 360?
  10. 10.What is 10% of 160?
  11. 11.What is the simple interest on ₹7600 at 3% per year for 2 years (in ₹)?
  12. 12.The price of a water bottle changed from ₹20 to ₹30. What is the percentage increase?
  13. 13.A watch costs ₹1200. It is sold at a 20% loss. What is the selling price (in ₹)?
  14. 14.A watch costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
  15. 15.The price of a pair of shoes changed from ₹400 to ₹240. What is the percentage decrease?
  16. 16.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
  17. 17.A shopkeeper buys a fan for ₹2600 and sells it for ₹2740. What is the profit (in ₹)?
  18. 18.A cooler costs ₹1100. It is sold at a 25% loss. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹1250 and sells it for ₹1280. What is the profit (in ₹)?
  20. 20.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
  21. 21.The price of a box of mangoes changed from ₹50 to ₹5. What is the percentage decrease?
  22. 22.A mobile phone bought for ₹2000 is sold for ₹1000. What is the loss per cent?
  23. 23.What is 30% of 480?
  24. 24.What is the amount (principal + simple interest) on ₹500 at 7% per year for 4 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹6700 at 11% per year for 4 years (in ₹)?
  26. 26.A fan costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
  27. 27.What is 85% of 580?
  28. 28.A sewing machine costs ₹3700. It is sold at a 20% profit. What is the selling price (in ₹)?
  29. 29.A table costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹5400 at 9% per year for 5 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹7600 at 4% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2500. What is the loss (in ₹)?
  33. 33.A cricket kit bought for ₹1100 is sold for ₹1265. What is the profit per cent?
  34. 34.The price of a cricket ball changed from ₹20 to ₹26. What is the percentage increase?
  35. 35.A cycle costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹9400 at 6% per year for 2 years (in ₹)?
  37. 37.What is the simple interest on ₹5700 at 7% per year for 3 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹2300 at 12% per year for 4 years (in ₹)?
  39. 39.What is 20% of 480?
  40. 40.What is 10% of 820?

Answer key

  1. 2295
  2. 65
  3. 2420
  4. 1404
  5. 108
  6. 54
  7. 7828
  8. 2640
  9. 198
  10. 16
  11. 456
  12. 50
  13. 960
  14. 1350
  15. 40
  16. 90
  17. 140
  18. 825
  19. 30
  20. 40
  21. 90
  22. 50
  23. 144
  24. 640
  25. 9648
  26. 3168
  27. 493
  28. 4440
  29. 1955
  30. 2430
  31. 9120
  32. 200
  33. 15
  34. 30
  35. 2310
  36. 10528
  37. 1197
  38. 3404
  39. 96
  40. 82

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