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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 680 · 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 40% of 760?
  2. 2.What is the amount (principal + simple interest) on ₹2100 at 9% per year for 2 years (in ₹)?
  3. 3.What is 10% of 660?
  4. 4.What is the simple interest on ₹5300 at 9% per year for 1 year (in ₹)?
  5. 5.A mobile phone bought for ₹500 is sold for ₹375. What is the loss per cent?
  6. 6.What is the amount (principal + simple interest) on ₹800 at 7% per year for 2 years (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹2770. What is the loss (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹9900 at 11% per year for 2 years (in ₹)?
  9. 9.What is 95% of 520?
  10. 10.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 1 year (in ₹)?
  11. 11.A watch costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹7800 at 3% per year for 2 years (in ₹)?
  13. 13.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
  14. 14.A sewing machine costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹4200 at 3% per year for 3 years (in ₹)?
  16. 16.The price of a water bottle changed from ₹20 to ₹19. What is the percentage decrease?
  17. 17.What is the amount (principal + simple interest) on ₹1900 at 12% per year for 1 year (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹700 at 7% per year for 1 year (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹2100 at 10% per year for 3 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹2700 at 8% per year for 2 years (in ₹)?
  21. 21.A cycle costs ₹3400. It is sold at a 12% profit. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a table for ₹250 and sells it for ₹380. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2280. What is the loss (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 1 year (in ₹)?
  25. 25.A mobile phone costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3090. What is the profit (in ₹)?
  27. 27.What is 35% of 720?
  28. 28.What is the amount (principal + simple interest) on ₹3700 at 11% per year for 4 years (in ₹)?
  29. 29.What is the simple interest on ₹3500 at 11% per year for 5 years (in ₹)?
  30. 30.The price of a pair of shoes changed from ₹40 to ₹24. What is the percentage decrease?
  31. 31.What is the amount (principal + simple interest) on ₹8600 at 7% per year for 3 years (in ₹)?
  32. 32.What is 55% of 960?
  33. 33.A mobile phone bought for ₹200 is sold for ₹180. What is the loss per cent?
  34. 34.A sewing machine bought for ₹3500 is sold for ₹5250. What is the profit per cent?
  35. 35.What is the simple interest on ₹8100 at 9% per year for 5 years (in ₹)?
  36. 36.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹490. What is the loss (in ₹)?
  37. 37.A table bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  38. 38.What is 45% of 220?
  39. 39.What is 65% of 900?
  40. 40.What is the amount (principal + simple interest) on ₹9300 at 9% per year for 5 years (in ₹)?

Answer key

  1. 304
  2. 2478
  3. 66
  4. 477
  5. 25
  6. 912
  7. 230
  8. 12078
  9. 494
  10. 7992
  11. 3750
  12. 8268
  13. 90
  14. 1232
  15. 4578
  16. 5
  17. 2128
  18. 749
  19. 2730
  20. 3132
  21. 3808
  22. 130
  23. 220
  24. 8160
  25. 4875
  26. 90
  27. 252
  28. 5328
  29. 1925
  30. 40
  31. 10406
  32. 528
  33. 10
  34. 50
  35. 3645
  36. 210
  37. 15
  38. 99
  39. 585
  40. 13485

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