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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 594 · 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 ₹7200 at 10% per year for 3 years (in ₹)?
  2. 2.What is 90% of 620?
  3. 3.A shopkeeper buys a table for ₹1600 and sells it for ₹1860. What is the profit (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1800 at 7% per year for 1 year (in ₹)?
  5. 5.A watch costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
  6. 6.A cooler bought for ₹600 is sold for ₹660. What is the profit per cent?
  7. 7.What is 25% of 700?
  8. 8.The price of a water bottle changed from ₹100 to ₹50. What is the percentage decrease?
  9. 9.The price of a water bottle changed from ₹400 to ₹420. What is the percentage increase?
  10. 10.What is 95% of 60?
  11. 11.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 1 year (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹2300 at 12% per year for 5 years (in ₹)?
  13. 13.A fan costs ₹2300. It is sold at a 30% loss. What is the selling price (in ₹)?
  14. 14.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
  15. 15.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
  16. 16.What is the simple interest on ₹2100 at 11% per year for 2 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹1900 at 12% per year for 4 years (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹6800 at 7% per year for 5 years (in ₹)?
  20. 20.What is 75% of 880?
  21. 21.What is the simple interest on ₹800 at 5% per year for 3 years (in ₹)?
  22. 22.A table bought for ₹3100 is sold for ₹2480. What is the loss per cent?
  23. 23.The price of a school bag changed from ₹200 to ₹50. What is the percentage decrease?
  24. 24.A shopkeeper buys a fan for ₹850 and sells it for ₹1030. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2100 at 2% per year for 3 years (in ₹)?
  26. 26.What is 95% of 920?
  27. 27.What is 80% of 40?
  28. 28.What is 10% of 280?
  29. 29.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2070. What is the loss (in ₹)?
  30. 30.What is 55% of 460?
  31. 31.What is 85% of 820?
  32. 32.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1400. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹2900 and sells it for ₹2940. What is the profit (in ₹)?
  34. 34.What is 75% of 100?
  35. 35.The price of a pair of shoes changed from ₹20 to ₹38. What is the percentage increase?
  36. 36.What is the simple interest on ₹8500 at 12% per year for 3 years (in ₹)?
  37. 37.The price of a bus pass changed from ₹100 to ₹99. What is the percentage decrease?
  38. 38.What is 45% of 160?
  39. 39.The price of a school bag changed from ₹500 to ₹300. What is the percentage decrease?
  40. 40.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 2 years (in ₹)?

Answer key

  1. 2160
  2. 558
  3. 260
  4. 1926
  5. 1584
  6. 10
  7. 175
  8. 50
  9. 5
  10. 57
  11. 5600
  12. 3680
  13. 1610
  14. 40
  15. 60
  16. 462
  17. 2812
  18. 5
  19. 9180
  20. 660
  21. 120
  22. 20
  23. 75
  24. 180
  25. 2226
  26. 874
  27. 32
  28. 28
  29. 230
  30. 253
  31. 697
  32. 300
  33. 40
  34. 75
  35. 90
  36. 3060
  37. 1
  38. 72
  39. 40
  40. 3240

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