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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 564 · 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 ₹700 at 7% per year for 1 year (in ₹)?
  2. 2.What is the simple interest on ₹2300 at 4% per year for 1 year (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹4800 at 9% per year for 1 year (in ₹)?
  4. 4.The price of a water bottle changed from ₹20 to ₹30. What is the percentage increase?
  5. 5.What is 60% of 420?
  6. 6.What is 65% of 60?
  7. 7.What is 75% of 380?
  8. 8.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2660. What is the profit (in ₹)?
  9. 9.A watch costs ₹600. It is sold at a 20% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1110. What is the loss (in ₹)?
  11. 11.What is the simple interest on ₹2200 at 2% per year for 5 years (in ₹)?
  12. 12.What is the simple interest on ₹6100 at 4% per year for 2 years (in ₹)?
  13. 13.A table costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a cooler for ₹2100 and sells it for ₹2370. What is the profit (in ₹)?
  15. 15.What is 30% of 120?
  16. 16.What is the amount (principal + simple interest) on ₹9200 at 11% per year for 3 years (in ₹)?
  17. 17.A cooler bought for ₹200 is sold for ₹120. What is the loss per cent?
  18. 18.What is the amount (principal + simple interest) on ₹2300 at 5% per year for 2 years (in ₹)?
  19. 19.The price of a school bag changed from ₹50 to ₹95. What is the percentage increase?
  20. 20.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹950. What is the profit (in ₹)?
  21. 21.A cooler bought for ₹4000 is sold for ₹5600. What is the profit per cent?
  22. 22.The price of a bus pass changed from ₹20 to ₹32. What is the percentage increase?
  23. 23.A table bought for ₹600 is sold for ₹540. What is the loss per cent?
  24. 24.The price of a box of mangoes changed from ₹50 to ₹80. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹3200 at 10% per year for 5 years (in ₹)?
  26. 26.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
  27. 27.The price of a bus pass changed from ₹400 to ₹440. What is the percentage increase?
  28. 28.What is 80% of 880?
  29. 29.What is the simple interest on ₹8600 at 4% per year for 5 years (in ₹)?
  30. 30.A watch costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
  31. 31.What is 5% of 580?
  32. 32.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹400. What is the loss (in ₹)?
  33. 33.A table costs ₹3700. It is sold at a 40% profit. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹7700 at 4% per year for 1 year (in ₹)?
  35. 35.The price of a school bag changed from ₹40 to ₹50. What is the percentage increase?
  36. 36.A shopkeeper buys a cycle for ₹550 and sells it for ₹590. What is the profit (in ₹)?
  37. 37.A sewing machine bought for ₹1100 is sold for ₹1430. What is the profit per cent?
  38. 38.What is the simple interest on ₹7400 at 9% per year for 1 year (in ₹)?
  39. 39.A cooler costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹7300 at 6% per year for 2 years (in ₹)?

Answer key

  1. 49
  2. 92
  3. 5232
  4. 50
  5. 252
  6. 39
  7. 285
  8. 10
  9. 720
  10. 190
  11. 220
  12. 488
  13. 3410
  14. 270
  15. 36
  16. 12236
  17. 40
  18. 2530
  19. 90
  20. 300
  21. 40
  22. 60
  23. 10
  24. 60
  25. 4800
  26. 20
  27. 10
  28. 704
  29. 1720
  30. 510
  31. 29
  32. 150
  33. 5180
  34. 308
  35. 25
  36. 40
  37. 30
  38. 666
  39. 1500
  40. 8176

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