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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 661 · 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 4% per year for 1 year (in ₹)?
  2. 2.What is the simple interest on ₹7600 at 7% per year for 2 years (in ₹)?
  3. 3.What is the simple interest on ₹3100 at 6% per year for 4 years (in ₹)?
  4. 4.A fan costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
  5. 5.What is the simple interest on ₹7200 at 4% per year for 5 years (in ₹)?
  6. 6.A mobile phone costs ₹3800. It is sold at a 50% profit. What is the selling price (in ₹)?
  7. 7.A sewing machine bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  8. 8.What is the amount (principal + simple interest) on ₹3400 at 3% per year for 4 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹6100 at 11% per year for 2 years (in ₹)?
  10. 10.A cricket kit bought for ₹1500 is sold for ₹1650. What is the profit per cent?
  11. 11.A mobile phone costs ₹3900. It is sold at a 20% profit. What is the selling price (in ₹)?
  12. 12.A cooler costs ₹3300. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.What is 85% of 440?
  14. 14.A shopkeeper buys a watch for ₹2750 and sells it for ₹2790. What is the profit (in ₹)?
  15. 15.What is the simple interest on ₹8500 at 5% per year for 2 years (in ₹)?
  16. 16.What is the simple interest on ₹2400 at 3% per year for 1 year (in ₹)?
  17. 17.What is the simple interest on ₹8800 at 5% per year for 4 years (in ₹)?
  18. 18.What is 80% of 460?
  19. 19.A shopkeeper buys a cycle for ₹500 and sells it for ₹540. What is the profit (in ₹)?
  20. 20.A cooler bought for ₹4000 is sold for ₹3000. What is the loss per cent?
  21. 21.A shopkeeper buys a cooler for ₹2900 and sells it for ₹2970. What is the profit (in ₹)?
  22. 22.A table bought for ₹1300 is sold for ₹1235. What is the loss per cent?
  23. 23.What is the amount (principal + simple interest) on ₹1700 at 3% per year for 3 years (in ₹)?
  24. 24.The price of a pair of shoes changed from ₹50 to ₹80. What is the percentage increase?
  25. 25.What is 45% of 220?
  26. 26.The price of a water bottle changed from ₹50 to ₹25. What is the percentage decrease?
  27. 27.A table bought for ₹1700 is sold for ₹1020. What is the loss per cent?
  28. 28.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1250. What is the loss (in ₹)?
  29. 29.A shopkeeper buys a table for ₹2150 and sells it for ₹2330. What is the profit (in ₹)?
  30. 30.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
  31. 31.What is 85% of 600?
  32. 32.What is the amount (principal + simple interest) on ₹5100 at 9% per year for 3 years (in ₹)?
  33. 33.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  34. 34.What is 55% of 820?
  35. 35.A cooler costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
  36. 36.A cricket kit costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a cooler for ₹200 and sells it for ₹160. What is the loss (in ₹)?
  38. 38.A cooler bought for ₹900 is sold for ₹1008. What is the profit per cent?
  39. 39.A cooler costs ₹3600. It is sold at a 5% loss. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹2800 at 8% per year for 4 years (in ₹)?

Answer key

  1. 5304
  2. 1064
  3. 744
  4. 360
  5. 1440
  6. 5700
  7. 15
  8. 3808
  9. 7442
  10. 10
  11. 4680
  12. 3696
  13. 374
  14. 40
  15. 850
  16. 72
  17. 1760
  18. 368
  19. 40
  20. 25
  21. 70
  22. 5
  23. 1853
  24. 60
  25. 99
  26. 50
  27. 40
  28. 300
  29. 180
  30. 30
  31. 510
  32. 6477
  33. 40
  34. 451
  35. 3800
  36. 2310
  37. 40
  38. 12
  39. 3420
  40. 3696

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