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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 493 · 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 ₹3500 at 5% per year for 1 year (in ₹)?
  2. 2.What is the simple interest on ₹8600 at 6% per year for 3 years (in ₹)?
  3. 3.What is 10% of 600?
  4. 4.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1290. What is the loss (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 5 years (in ₹)?
  6. 6.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  7. 7.What is the simple interest on ₹1900 at 8% per year for 3 years (in ₹)?
  8. 8.What is the simple interest on ₹600 at 11% per year for 4 years (in ₹)?
  9. 9.What is 55% of 140?
  10. 10.The price of a water bottle changed from ₹50 to ₹35. What is the percentage decrease?
  11. 11.What is the simple interest on ₹600 at 4% per year for 3 years (in ₹)?
  12. 12.A cooler costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
  13. 13.What is 80% of 860?
  14. 14.The price of a bus pass changed from ₹40 to ₹70. What is the percentage increase?
  15. 15.What is the amount (principal + simple interest) on ₹700 at 11% per year for 5 years (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹410. What is the loss (in ₹)?
  17. 17.A cricket kit bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  18. 18.A sewing machine bought for ₹3900 is sold for ₹4290. What is the profit per cent?
  19. 19.What is 55% of 760?
  20. 20.A cycle bought for ₹2700 is sold for ₹2970. What is the profit per cent?
  21. 21.A watch bought for ₹200 is sold for ₹120. What is the loss per cent?
  22. 22.A shopkeeper buys a table for ₹400 and sells it for ₹480. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a table for ₹200 and sells it for ₹180. What is the loss (in ₹)?
  24. 24.What is 60% of 780?
  25. 25.What is the amount (principal + simple interest) on ₹3800 at 2% per year for 1 year (in ₹)?
  26. 26.What is the simple interest on ₹9200 at 12% per year for 1 year (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹7700 at 4% per year for 1 year (in ₹)?
  28. 28.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  29. 29.A mobile phone bought for ₹3100 is sold for ₹2790. What is the loss per cent?
  30. 30.What is 95% of 620?
  31. 31.What is the simple interest on ₹8700 at 12% per year for 1 year (in ₹)?
  32. 32.What is 60% of 800?
  33. 33.The price of a cricket ball changed from ₹400 to ₹380. What is the percentage decrease?
  34. 34.What is the simple interest on ₹2000 at 9% per year for 1 year (in ₹)?
  35. 35.A fan costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹8000 at 10% per year for 3 years (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  38. 38.A shopkeeper buys a cooler for ₹700 and sells it for ₹560. What is the loss (in ₹)?
  39. 39.What is the simple interest on ₹3400 at 6% per year for 5 years (in ₹)?
  40. 40.What is 55% of 200?

Answer key

  1. 175
  2. 1548
  3. 60
  4. 160
  5. 3125
  6. 40
  7. 456
  8. 264
  9. 77
  10. 30
  11. 72
  12. 3920
  13. 688
  14. 75
  15. 1085
  16. 240
  17. 10
  18. 10
  19. 418
  20. 10
  21. 40
  22. 80
  23. 20
  24. 468
  25. 3876
  26. 1104
  27. 8008
  28. 2100
  29. 10
  30. 589
  31. 1044
  32. 480
  33. 5
  34. 180
  35. 2090
  36. 10400
  37. 60
  38. 140
  39. 1020
  40. 110

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