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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 754 · 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 ₹7200 at 5% per year for 2 years (in ₹)?
  2. 2.What is the simple interest on ₹3100 at 12% per year for 4 years (in ₹)?
  3. 3.The price of a school bag changed from ₹250 to ₹175. What is the percentage decrease?
  4. 4.A table costs ₹900. It is sold at a 20% loss. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 3 years (in ₹)?
  6. 6.What is 15% of 280?
  7. 7.What is the simple interest on ₹5100 at 2% per year for 1 year (in ₹)?
  8. 8.What is 45% of 280?
  9. 9.A table bought for ₹1800 is sold for ₹1890. What is the profit per cent?
  10. 10.A shopkeeper buys a fan for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
  11. 11.What is 35% of 340?
  12. 12.What is the amount (principal + simple interest) on ₹5800 at 9% per year for 4 years (in ₹)?
  13. 13.A shopkeeper buys a cooler for ₹200 and sells it for ₹250. What is the profit (in ₹)?
  14. 14.What is the simple interest on ₹3500 at 10% per year for 4 years (in ₹)?
  15. 15.What is 55% of 580?
  16. 16.What is the amount (principal + simple interest) on ₹1700 at 6% per year for 3 years (in ₹)?
  17. 17.A cricket kit costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
  18. 18.A cycle costs ₹1700. It is sold at a 50% profit. What is the selling price (in ₹)?
  19. 19.A watch costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 3 years (in ₹)?
  21. 21.The price of a pair of shoes changed from ₹500 to ₹50. What is the percentage decrease?
  22. 22.What is 5% of 620?
  23. 23.What is 10% of 60?
  24. 24.What is the amount (principal + simple interest) on ₹7100 at 3% per year for 3 years (in ₹)?
  25. 25.A sewing machine costs ₹3700. It is sold at a 50% loss. What is the selling price (in ₹)?
  26. 26.A mobile phone bought for ₹1200 is sold for ₹1056. What is the loss per cent?
  27. 27.What is the simple interest on ₹800 at 10% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a fan for ₹1800 and sells it for ₹1760. What is the loss (in ₹)?
  29. 29.What is the simple interest on ₹2900 at 6% per year for 1 year (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2420. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹2000 at 2% per year for 4 years (in ₹)?
  32. 32.A watch costs ₹1300. It is sold at a 50% loss. What is the selling price (in ₹)?
  33. 33.The price of a cricket ball changed from ₹500 to ₹750. What is the percentage increase?
  34. 34.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
  35. 35.A shopkeeper buys a watch for ₹1900 and sells it for ₹1610. What is the loss (in ₹)?
  36. 36.What is 95% of 720?
  37. 37.What is the simple interest on ₹6200 at 5% per year for 4 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹6500 at 9% per year for 4 years (in ₹)?
  39. 39.What is 75% of 620?
  40. 40.What is 5% of 900?

Answer key

  1. 720
  2. 1488
  3. 30
  4. 720
  5. 2576
  6. 42
  7. 102
  8. 126
  9. 5
  10. 10
  11. 119
  12. 7888
  13. 50
  14. 1400
  15. 319
  16. 2006
  17. 2310
  18. 2550
  19. 280
  20. 1364
  21. 90
  22. 31
  23. 6
  24. 7739
  25. 1850
  26. 12
  27. 80
  28. 40
  29. 174
  30. 230
  31. 160
  32. 650
  33. 50
  34. 40
  35. 290
  36. 684
  37. 1240
  38. 8840
  39. 465
  40. 45

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