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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 746 · 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 simple interest on ₹2800 at 6% per year for 4 years (in ₹)?
  2. 2.What is 35% of 240?
  3. 3.What is 95% of 560?
  4. 4.What is the simple interest on ₹6600 at 4% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8800 at 10% per year for 4 years (in ₹)?
  6. 6.A table costs ₹3700. It is sold at a 25% profit. What is the selling price (in ₹)?
  7. 7.A fan costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹2300 at 4% per year for 1 year (in ₹)?
  9. 9.A cooler costs ₹3200. It is sold at a 15% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a table for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
  11. 11.What is the simple interest on ₹9700 at 7% per year for 3 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 4 years (in ₹)?
  13. 13.What is 45% of 920?
  14. 14.A watch bought for ₹1500 is sold for ₹1950. What is the profit per cent?
  15. 15.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 2 years (in ₹)?
  16. 16.A fan bought for ₹2900 is sold for ₹2552. What is the loss per cent?
  17. 17.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
  18. 18.What is 75% of 600?
  19. 19.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹3050. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1230. What is the loss (in ₹)?
  21. 21.What is the simple interest on ₹2500 at 7% per year for 1 year (in ₹)?
  22. 22.What is the simple interest on ₹7000 at 12% per year for 3 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 3 years (in ₹)?
  24. 24.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  25. 25.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹520. What is the loss (in ₹)?
  26. 26.What is the simple interest on ₹4500 at 5% per year for 1 year (in ₹)?
  27. 27.A fan costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a table for ₹1750 and sells it for ₹1820. What is the profit (in ₹)?
  29. 29.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
  30. 30.A sewing machine bought for ₹400 is sold for ₹352. What is the loss per cent?
  31. 31.A mobile phone bought for ₹600 is sold for ₹570. What is the loss per cent?
  32. 32.What is 75% of 200?
  33. 33.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 2 years (in ₹)?
  34. 34.What is the simple interest on ₹900 at 5% per year for 3 years (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹690. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a watch for ₹1950 and sells it for ₹1780. What is the loss (in ₹)?
  37. 37.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1380. What is the loss (in ₹)?
  38. 38.The price of a cricket ball changed from ₹400 to ₹720. What is the percentage increase?
  39. 39.What is the simple interest on ₹8000 at 6% per year for 5 years (in ₹)?
  40. 40.A shopkeeper buys a table for ₹2500 and sells it for ₹2700. What is the profit (in ₹)?

Answer key

  1. 672
  2. 84
  3. 532
  4. 1320
  5. 12320
  6. 4625
  7. 450
  8. 92
  9. 3680
  10. 160
  11. 2037
  12. 12032
  13. 414
  14. 30
  15. 6042
  16. 12
  17. 20
  18. 450
  19. 200
  20. 20
  21. 175
  22. 2520
  23. 2356
  24. 20
  25. 180
  26. 225
  27. 2280
  28. 70
  29. 80
  30. 12
  31. 5
  32. 150
  33. 2760
  34. 135
  35. 60
  36. 170
  37. 270
  38. 80
  39. 2400
  40. 200

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