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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 603 · 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 ₹8700 at 5% per year for 3 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹7100 at 5% per year for 3 years (in ₹)?
  3. 3.What is 60% of 800?
  4. 4.What is the amount (principal + simple interest) on ₹1000 at 3% per year for 5 years (in ₹)?
  5. 5.What is the simple interest on ₹5800 at 11% per year for 2 years (in ₹)?
  6. 6.What is the simple interest on ₹8700 at 12% per year for 5 years (in ₹)?
  7. 7.A shopkeeper buys a cooler for ₹700 and sells it for ₹530. What is the loss (in ₹)?
  8. 8.A table bought for ₹2500 is sold for ₹3500. What is the profit per cent?
  9. 9.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹10. What is the loss (in ₹)?
  10. 10.The price of a cricket ball changed from ₹40 to ₹44. What is the percentage increase?
  11. 11.What is 15% of 360?
  12. 12.What is 55% of 540?
  13. 13.A cooler bought for ₹3200 is sold for ₹2880. What is the loss per cent?
  14. 14.What is 25% of 880?
  15. 15.The price of a bus pass changed from ₹500 to ₹475. What is the percentage decrease?
  16. 16.The price of a cricket ball changed from ₹40 to ₹72. What is the percentage increase?
  17. 17.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1270. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a cycle for ₹2000 and sells it for ₹2210. What is the profit (in ₹)?
  19. 19.A watch costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹6500 at 7% per year for 1 year (in ₹)?
  21. 21.A fan costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
  22. 22.The price of a cricket ball changed from ₹500 to ₹700. What is the percentage increase?
  23. 23.What is 20% of 760?
  24. 24.What is the amount (principal + simple interest) on ₹7800 at 6% per year for 4 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹500 at 7% per year for 1 year (in ₹)?
  26. 26.What is the simple interest on ₹1400 at 9% per year for 1 year (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹9800 at 4% per year for 3 years (in ₹)?
  29. 29.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹1010. What is the profit (in ₹)?
  30. 30.What is the simple interest on ₹1200 at 10% per year for 4 years (in ₹)?
  31. 31.A shopkeeper buys a fan for ₹2350 and sells it for ₹2240. What is the loss (in ₹)?
  32. 32.A watch bought for ₹700 is sold for ₹350. What is the loss per cent?
  33. 33.A watch bought for ₹2900 is sold for ₹2030. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹3800 at 8% per year for 1 year (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹8700 at 11% per year for 5 years (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2800. What is the loss (in ₹)?
  37. 37.What is 80% of 980?
  38. 38.A fan bought for ₹900 is sold for ₹1350. What is the profit per cent?
  39. 39.What is 70% of 100?
  40. 40.A shopkeeper buys a cooler for ₹300 and sells it for ₹580. What is the profit (in ₹)?

Answer key

  1. 1305
  2. 8165
  3. 480
  4. 1150
  5. 1276
  6. 5220
  7. 170
  8. 40
  9. 290
  10. 10
  11. 54
  12. 297
  13. 10
  14. 220
  15. 5
  16. 80
  17. 270
  18. 210
  19. 660
  20. 455
  21. 280
  22. 40
  23. 152
  24. 9672
  25. 535
  26. 126
  27. 5452
  28. 10976
  29. 110
  30. 480
  31. 110
  32. 50
  33. 30
  34. 4104
  35. 13485
  36. 100
  37. 784
  38. 50
  39. 70
  40. 280

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