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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 748 · 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 15% of 980?
  2. 2.What is the simple interest on ₹4300 at 10% per year for 3 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹2600 at 5% per year for 2 years (in ₹)?
  4. 4.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1720. What is the loss (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 1 year (in ₹)?
  6. 6.What is the simple interest on ₹1400 at 12% per year for 5 years (in ₹)?
  7. 7.What is the simple interest on ₹6000 at 8% per year for 1 year (in ₹)?
  8. 8.What is the simple interest on ₹5500 at 5% per year for 2 years (in ₹)?
  9. 9.What is the simple interest on ₹600 at 9% per year for 2 years (in ₹)?
  10. 10.The price of a water bottle changed from ₹500 to ₹495. What is the percentage decrease?
  11. 11.What is 5% of 400?
  12. 12.A cycle bought for ₹2700 is sold for ₹2160. What is the loss per cent?
  13. 13.A watch costs ₹1500. It is sold at a 50% profit. What is the selling price (in ₹)?
  14. 14.A watch bought for ₹4000 is sold for ₹2000. What is the loss per cent?
  15. 15.What is the simple interest on ₹1600 at 9% per year for 5 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹4100 at 10% per year for 5 years (in ₹)?
  17. 17.A cricket kit costs ₹2100. It is sold at a 5% profit. What is the selling price (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹7000 at 2% per year for 4 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹600 at 12% per year for 5 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 2 years (in ₹)?
  21. 21.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
  22. 22.What is 75% of 760?
  23. 23.What is the amount (principal + simple interest) on ₹6000 at 11% per year for 4 years (in ₹)?
  24. 24.The price of a bus pass changed from ₹200 to ₹150. What is the percentage decrease?
  25. 25.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2980. What is the profit (in ₹)?
  26. 26.A shopkeeper buys a fan for ₹3000 and sells it for ₹3010. What is the profit (in ₹)?
  27. 27.A shopkeeper buys a watch for ₹950 and sells it for ₹920. What is the loss (in ₹)?
  28. 28.A cooler bought for ₹300 is sold for ₹264. What is the loss per cent?
  29. 29.A cricket kit bought for ₹2100 is sold for ₹2310. What is the profit per cent?
  30. 30.What is 15% of 140?
  31. 31.What is the simple interest on ₹8100 at 5% per year for 1 year (in ₹)?
  32. 32.The price of a cricket ball changed from ₹20 to ₹22. What is the percentage increase?
  33. 33.What is 20% of 680?
  34. 34.A cooler bought for ₹1400 is sold for ₹980. What is the loss per cent?
  35. 35.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  36. 36.What is 75% of 860?
  37. 37.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹840. What is the loss (in ₹)?
  38. 38.What is 95% of 220?
  39. 39.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 4 years (in ₹)?
  40. 40.A cricket kit costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?

Answer key

  1. 147
  2. 1290
  3. 2860
  4. 80
  5. 7739
  6. 840
  7. 480
  8. 550
  9. 108
  10. 1
  11. 20
  12. 20
  13. 2250
  14. 50
  15. 720
  16. 6150
  17. 2205
  18. 7560
  19. 960
  20. 5208
  21. 90
  22. 570
  23. 8640
  24. 25
  25. 280
  26. 10
  27. 30
  28. 12
  29. 10
  30. 21
  31. 405
  32. 10
  33. 136
  34. 30
  35. 60
  36. 645
  37. 260
  38. 209
  39. 1920
  40. 784

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