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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 666 · 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 ₹8500 at 4% per year for 4 years (in ₹)?
  2. 2.What is 55% of 780?
  3. 3.A shopkeeper buys a table for ₹1200 and sells it for ₹1250. What is the profit (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹1350 and sells it for ₹1450. What is the profit (in ₹)?
  5. 5.What is 80% of 580?
  6. 6.What is the simple interest on ₹3400 at 5% per year for 1 year (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹2900 at 11% per year for 4 years (in ₹)?
  8. 8.A shopkeeper buys a table for ₹600 and sells it for ₹770. What is the profit (in ₹)?
  9. 9.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?
  10. 10.The price of a water bottle changed from ₹200 to ₹80. What is the percentage decrease?
  11. 11.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
  12. 12.The price of a school bag changed from ₹40 to ₹20. What is the percentage decrease?
  13. 13.What is the simple interest on ₹6500 at 11% per year for 2 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹5300 at 8% per year for 3 years (in ₹)?
  15. 15.A shopkeeper buys a table for ₹2400 and sells it for ₹2330. What is the loss (in ₹)?
  16. 16.The price of a cricket ball changed from ₹40 to ₹72. What is the percentage increase?
  17. 17.A shopkeeper buys a watch for ₹1200 and sells it for ₹1310. What is the profit (in ₹)?
  18. 18.The price of a water bottle changed from ₹250 to ₹245. What is the percentage decrease?
  19. 19.A shopkeeper buys a table for ₹1100 and sells it for ₹1260. What is the profit (in ₹)?
  20. 20.What is 10% of 900?
  21. 21.The price of a bus pass changed from ₹200 to ₹204. What is the percentage increase?
  22. 22.What is the amount (principal + simple interest) on ₹500 at 4% per year for 3 years (in ₹)?
  23. 23.What is the simple interest on ₹2600 at 3% per year for 2 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 5 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹9600 at 5% per year for 4 years (in ₹)?
  26. 26.What is the simple interest on ₹2200 at 6% per year for 3 years (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 1 year (in ₹)?
  28. 28.What is 70% of 760?
  29. 29.A cricket kit costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹2550 and sells it for ₹2670. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹7700 at 10% per year for 3 years (in ₹)?
  32. 32.What is 75% of 500?
  33. 33.What is the simple interest on ₹1100 at 5% per year for 5 years (in ₹)?
  34. 34.A table bought for ₹2700 is sold for ₹2970. What is the profit per cent?
  35. 35.What is 40% of 660?
  36. 36.A shopkeeper buys a cycle for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
  37. 37.What is the simple interest on ₹3900 at 8% per year for 3 years (in ₹)?
  38. 38.The price of a cricket ball changed from ₹40 to ₹48. What is the percentage increase?
  39. 39.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2260. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 3 years (in ₹)?

Answer key

  1. 9860
  2. 429
  3. 50
  4. 100
  5. 464
  6. 170
  7. 4176
  8. 170
  9. 2
  10. 60
  11. 80
  12. 50
  13. 1430
  14. 6572
  15. 70
  16. 80
  17. 110
  18. 2
  19. 160
  20. 90
  21. 2
  22. 560
  23. 156
  24. 3750
  25. 11520
  26. 396
  27. 2912
  28. 532
  29. 4340
  30. 120
  31. 2310
  32. 375
  33. 275
  34. 10
  35. 264
  36. 240
  37. 936
  38. 20
  39. 10
  40. 11737

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