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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 658 · 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 ₹5100 at 9% per year for 3 years (in ₹)?
  2. 2.A cooler costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  3. 3.The price of a school bag changed from ₹80 to ₹72. What is the percentage decrease?
  4. 4.The price of a bus pass changed from ₹500 to ₹525. What is the percentage increase?
  5. 5.A cooler bought for ₹1500 is sold for ₹1875. What is the profit per cent?
  6. 6.What is the simple interest on ₹8900 at 7% per year for 1 year (in ₹)?
  7. 7.The price of a school bag changed from ₹400 to ₹500. What is the percentage increase?
  8. 8.The price of a bus pass changed from ₹200 to ₹150. What is the percentage decrease?
  9. 9.What is the simple interest on ₹2200 at 4% per year for 4 years (in ₹)?
  10. 10.A sewing machine costs ₹2100. It is sold at a 40% profit. What is the selling price (in ₹)?
  11. 11.What is 5% of 600?
  12. 12.What is 45% of 520?
  13. 13.What is the amount (principal + simple interest) on ₹4000 at 5% per year for 1 year (in ₹)?
  14. 14.What is 25% of 520?
  15. 15.A cricket kit costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹5700 at 4% per year for 1 year (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹4200 at 3% per year for 2 years (in ₹)?
  18. 18.The price of a bus pass changed from ₹200 to ₹198. What is the percentage decrease?
  19. 19.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 1 year (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹2900 at 8% per year for 3 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 4 years (in ₹)?
  22. 22.A sewing machine bought for ₹600 is sold for ₹300. What is the loss per cent?
  23. 23.A watch costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1250. What is the loss (in ₹)?
  25. 25.What is 80% of 460?
  26. 26.What is the simple interest on ₹5900 at 6% per year for 2 years (in ₹)?
  27. 27.What is 40% of 580?
  28. 28.What is 90% of 360?
  29. 29.A fan bought for ₹1400 is sold for ₹1120. What is the loss per cent?
  30. 30.The price of a cricket ball changed from ₹50 to ₹25. What is the percentage decrease?
  31. 31.A table bought for ₹1000 is sold for ₹1150. What is the profit per cent?
  32. 32.A shopkeeper buys a cycle for ₹850 and sells it for ₹810. What is the loss (in ₹)?
  33. 33.A mobile phone costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
  34. 34.What is 95% of 700?
  35. 35.A mobile phone bought for ₹1700 is sold for ₹1870. What is the profit per cent?
  36. 36.The price of a water bottle changed from ₹50 to ₹55. What is the percentage increase?
  37. 37.A mobile phone costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹3900 at 10% per year for 3 years (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹400 and sells it for ₹330. What is the loss (in ₹)?
  40. 40.A cricket kit bought for ₹1300 is sold for ₹1170. What is the loss per cent?

Answer key

  1. 6477
  2. 2100
  3. 10
  4. 5
  5. 25
  6. 623
  7. 25
  8. 25
  9. 352
  10. 2940
  11. 30
  12. 234
  13. 4200
  14. 130
  15. 2875
  16. 228
  17. 4452
  18. 1
  19. 6630
  20. 3596
  21. 7656
  22. 50
  23. 4000
  24. 150
  25. 368
  26. 708
  27. 232
  28. 324
  29. 20
  30. 50
  31. 15
  32. 40
  33. 2250
  34. 665
  35. 10
  36. 10
  37. 4485
  38. 1170
  39. 70
  40. 10

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