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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 528 · 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 40% of 420?
  2. 2.What is the amount (principal + simple interest) on ₹9300 at 6% per year for 5 years (in ₹)?
  3. 3.What is the simple interest on ₹500 at 3% per year for 2 years (in ₹)?
  4. 4.What is the simple interest on ₹2700 at 4% per year for 2 years (in ₹)?
  5. 5.What is the simple interest on ₹2100 at 6% per year for 3 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹8300 at 11% per year for 4 years (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2360. What is the loss (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹80 to ₹84. What is the percentage increase?
  9. 9.What is the simple interest on ₹6100 at 12% per year for 2 years (in ₹)?
  10. 10.What is 60% of 800?
  11. 11.What is the simple interest on ₹9200 at 11% per year for 1 year (in ₹)?
  12. 12.A table costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
  13. 13.A table costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
  14. 14.A mobile phone costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
  15. 15.The price of a bus pass changed from ₹250 to ₹300. What is the percentage increase?
  16. 16.A shopkeeper buys a table for ₹1700 and sells it for ₹1400. What is the loss (in ₹)?
  17. 17.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1060. What is the loss (in ₹)?
  18. 18.The price of a school bag changed from ₹20 to ₹24. What is the percentage increase?
  19. 19.The price of a water bottle changed from ₹500 to ₹400. What is the percentage decrease?
  20. 20.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1170. What is the loss (in ₹)?
  21. 21.A sewing machine costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹7400 at 5% per year for 4 years (in ₹)?
  23. 23.The price of a school bag changed from ₹50 to ₹20. What is the percentage decrease?
  24. 24.What is the simple interest on ₹2600 at 2% per year for 5 years (in ₹)?
  25. 25.What is the simple interest on ₹3800 at 11% per year for 1 year (in ₹)?
  26. 26.A cooler bought for ₹1300 is sold for ₹1950. What is the profit per cent?
  27. 27.A fan costs ₹3900. It is sold at a 10% loss. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹7500 at 5% per year for 5 years (in ₹)?
  29. 29.A fan bought for ₹2600 is sold for ₹2288. What is the loss per cent?
  30. 30.A shopkeeper buys a table for ₹2850 and sells it for ₹2840. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹250 and sells it for ₹440. What is the profit (in ₹)?
  32. 32.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
  33. 33.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹490. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹7200 at 5% per year for 1 year (in ₹)?
  35. 35.A shopkeeper buys a table for ₹1000 and sells it for ₹810. What is the loss (in ₹)?
  36. 36.A sewing machine costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
  37. 37.A fan costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹2300 and sells it for ₹2550. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹700 at 2% per year for 3 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹9100 at 11% per year for 1 year (in ₹)?

Answer key

  1. 168
  2. 12090
  3. 30
  4. 216
  5. 378
  6. 11952
  7. 290
  8. 5
  9. 1464
  10. 480
  11. 1012
  12. 240
  13. 1500
  14. 935
  15. 20
  16. 300
  17. 140
  18. 20
  19. 20
  20. 80
  21. 3410
  22. 8880
  23. 60
  24. 260
  25. 418
  26. 50
  27. 3510
  28. 9375
  29. 12
  30. 10
  31. 190
  32. 40
  33. 40
  34. 360
  35. 190
  36. 3900
  37. 4290
  38. 250
  39. 42
  40. 10101

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