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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 546 · 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 5% of 940?
  2. 2.What is the amount (principal + simple interest) on ₹4000 at 2% per year for 3 years (in ₹)?
  3. 3.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  4. 4.A shopkeeper buys a table for ₹2900 and sells it for ₹3130. What is the profit (in ₹)?
  5. 5.What is 95% of 80?
  6. 6.A shopkeeper buys a fan for ₹500 and sells it for ₹600. What is the profit (in ₹)?
  7. 7.A mobile phone costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
  8. 8.A cricket kit bought for ₹2800 is sold for ₹3220. What is the profit per cent?
  9. 9.What is 5% of 380?
  10. 10.A mobile phone costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹5900 at 11% per year for 2 years (in ₹)?
  12. 12.What is 60% of 460?
  13. 13.What is the simple interest on ₹3200 at 3% per year for 4 years (in ₹)?
  14. 14.What is 90% of 380?
  15. 15.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 1 year (in ₹)?
  16. 16.The price of a bus pass changed from ₹500 to ₹700. What is the percentage increase?
  17. 17.The price of a school bag changed from ₹40 to ₹76. What is the percentage increase?
  18. 18.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 1 year (in ₹)?
  19. 19.What is the simple interest on ₹7800 at 5% per year for 1 year (in ₹)?
  20. 20.What is 20% of 320?
  21. 21.What is 90% of 860?
  22. 22.What is the simple interest on ₹4600 at 8% per year for 3 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2000 at 9% per year for 2 years (in ₹)?
  24. 24.A sewing machine bought for ₹1000 is sold for ₹600. What is the loss per cent?
  25. 25.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 2 years (in ₹)?
  26. 26.A mobile phone costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹190. What is the loss (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹700 at 3% per year for 4 years (in ₹)?
  29. 29.What is the simple interest on ₹4600 at 12% per year for 2 years (in ₹)?
  30. 30.What is the simple interest on ₹7400 at 4% per year for 4 years (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹1150 and sells it for ₹850. What is the loss (in ₹)?
  32. 32.A table bought for ₹2000 is sold for ₹2300. What is the profit per cent?
  33. 33.A sewing machine costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
  34. 34.The price of a box of mangoes changed from ₹200 to ₹150. What is the percentage decrease?
  35. 35.A fan costs ₹1900. It is sold at a 40% profit. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹4200 at 6% per year for 2 years (in ₹)?
  37. 37.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
  38. 38.A watch costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹4200 at 2% per year for 1 year (in ₹)?
  40. 40.What is the simple interest on ₹3200 at 10% per year for 1 year (in ₹)?

Answer key

  1. 47
  2. 4240
  3. 60
  4. 230
  5. 76
  6. 100
  7. 2280
  8. 15
  9. 19
  10. 448
  11. 1298
  12. 276
  13. 384
  14. 342
  15. 1296
  16. 40
  17. 90
  18. 5992
  19. 390
  20. 64
  21. 774
  22. 1104
  23. 2360
  24. 40
  25. 12200
  26. 2610
  27. 10
  28. 784
  29. 1104
  30. 1184
  31. 300
  32. 15
  33. 2860
  34. 25
  35. 2660
  36. 504
  37. 2
  38. 4290
  39. 4284
  40. 320

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