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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 604 · 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 amount (principal + simple interest) on ₹2000 at 11% per year for 2 years (in ₹)?
  2. 2.What is 25% of 80?
  3. 3.What is 30% of 620?
  4. 4.What is the simple interest on ₹4600 at 12% per year for 2 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8000 at 6% per year for 5 years (in ₹)?
  6. 6.What is 15% of 520?
  7. 7.The price of a bus pass changed from ₹50 to ₹10. What is the percentage decrease?
  8. 8.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 5 years (in ₹)?
  9. 9.What is 85% of 320?
  10. 10.What is the simple interest on ₹8200 at 7% per year for 5 years (in ₹)?
  11. 11.What is the simple interest on ₹5100 at 12% per year for 1 year (in ₹)?
  12. 12.What is 75% of 120?
  13. 13.What is the simple interest on ₹2600 at 11% per year for 2 years (in ₹)?
  14. 14.A sewing machine costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 2 years (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹1930. What is the loss (in ₹)?
  17. 17.What is 70% of 460?
  18. 18.What is the amount (principal + simple interest) on ₹9100 at 5% per year for 1 year (in ₹)?
  19. 19.A cricket kit costs ₹3000. It is sold at a 40% profit. What is the selling price (in ₹)?
  20. 20.What is 80% of 720?
  21. 21.What is 10% of 180?
  22. 22.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1090. What is the loss (in ₹)?
  23. 23.A fan costs ₹1400. It is sold at a 30% loss. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹1700 at 7% per year for 4 years (in ₹)?
  25. 25.What is the simple interest on ₹3100 at 6% per year for 3 years (in ₹)?
  26. 26.A cycle costs ₹1900. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a watch for ₹1350 and sells it for ₹1180. What is the loss (in ₹)?
  28. 28.What is the simple interest on ₹1000 at 10% per year for 2 years (in ₹)?
  29. 29.A sewing machine bought for ₹3300 is sold for ₹3465. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 2 years (in ₹)?
  31. 31.A watch costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2750. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹7900 at 12% per year for 2 years (in ₹)?
  34. 34.A cooler costs ₹2200. It is sold at a 5% loss. What is the selling price (in ₹)?
  35. 35.What is 90% of 960?
  36. 36.A cycle costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a cycle for ₹850 and sells it for ₹1130. What is the profit (in ₹)?
  38. 38.A cycle costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1140. What is the profit (in ₹)?

Answer key

  1. 2440
  2. 20
  3. 186
  4. 1104
  5. 10400
  6. 78
  7. 80
  8. 4320
  9. 272
  10. 2870
  11. 612
  12. 90
  13. 572
  14. 975
  15. 7384
  16. 120
  17. 322
  18. 9555
  19. 4200
  20. 576
  21. 18
  22. 10
  23. 980
  24. 476
  25. 558
  26. 1615
  27. 170
  28. 200
  29. 5
  30. 9752
  31. 4600
  32. 100
  33. 9796
  34. 2090
  35. 864
  36. 440
  37. 280
  38. 200
  39. 100
  40. 40

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