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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 515 · 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 ₹6300 at 7% per year for 3 years (in ₹)?
  2. 2.What is 70% of 80?
  3. 3.What is 80% of 860?
  4. 4.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  5. 5.A fan bought for ₹3900 is sold for ₹5070. What is the profit per cent?
  6. 6.A mobile phone costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
  7. 7.A cricket kit bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  8. 8.A fan bought for ₹200 is sold for ₹220. What is the profit per cent?
  9. 9.What is the amount (principal + simple interest) on ₹6700 at 11% per year for 4 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹8600 at 12% per year for 2 years (in ₹)?
  11. 11.What is 5% of 660?
  12. 12.A watch bought for ₹3600 is sold for ₹5040. What is the profit per cent?
  13. 13.What is the amount (principal + simple interest) on ₹2700 at 4% per year for 3 years (in ₹)?
  14. 14.A cycle costs ₹700. It is sold at a 20% profit. What is the selling price (in ₹)?
  15. 15.What is 10% of 560?
  16. 16.What is the amount (principal + simple interest) on ₹4300 at 9% per year for 2 years (in ₹)?
  17. 17.A shopkeeper buys a table for ₹900 and sells it for ₹990. What is the profit (in ₹)?
  18. 18.What is 20% of 1000?
  19. 19.The price of a box of mangoes changed from ₹100 to ₹99. What is the percentage decrease?
  20. 20.What is 20% of 980?
  21. 21.A mobile phone bought for ₹2900 is sold for ₹3480. What is the profit per cent?
  22. 22.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2310. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹2200 and sells it for ₹2020. What is the loss (in ₹)?
  24. 24.What is the simple interest on ₹8100 at 3% per year for 5 years (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
  26. 26.The price of a cricket ball changed from ₹250 to ₹100. What is the percentage decrease?
  27. 27.What is the amount (principal + simple interest) on ₹4500 at 12% per year for 1 year (in ₹)?
  28. 28.A cooler costs ₹1200. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.A fan costs ₹3000. It is sold at a 30% loss. What is the selling price (in ₹)?
  30. 30.A watch bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  31. 31.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 5 years (in ₹)?
  32. 32.What is 35% of 500?
  33. 33.What is the amount (principal + simple interest) on ₹5900 at 7% per year for 3 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹9200 at 8% per year for 3 years (in ₹)?
  35. 35.A cricket kit bought for ₹2400 is sold for ₹1800. What is the loss per cent?
  36. 36.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹310. What is the loss (in ₹)?
  37. 37.The price of a box of mangoes changed from ₹20 to ₹14. What is the percentage decrease?
  38. 38.What is 90% of 220?
  39. 39.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 1 year (in ₹)?
  40. 40.The price of a bus pass changed from ₹100 to ₹98. What is the percentage decrease?

Answer key

  1. 1323
  2. 56
  3. 688
  4. 80
  5. 30
  6. 2340
  7. 5
  8. 10
  9. 9648
  10. 10664
  11. 33
  12. 40
  13. 3024
  14. 840
  15. 56
  16. 5074
  17. 90
  18. 200
  19. 1
  20. 196
  21. 20
  22. 60
  23. 180
  24. 1215
  25. 40
  26. 60
  27. 5040
  28. 1380
  29. 2100
  30. 10
  31. 7375
  32. 175
  33. 7139
  34. 11408
  35. 25
  36. 40
  37. 30
  38. 198
  39. 6864
  40. 2

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