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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 759 · 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 ₹7300 at 11% per year for 1 year (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹8600 at 2% per year for 3 years (in ₹)?
  3. 3.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2810. What is the profit (in ₹)?
  4. 4.The price of a water bottle changed from ₹200 to ₹140. What is the percentage decrease?
  5. 5.A mobile phone costs ₹3900. It is sold at a 12% profit. What is the selling price (in ₹)?
  6. 6.What is 15% of 300?
  7. 7.A mobile phone bought for ₹3000 is sold for ₹2700. What is the loss per cent?
  8. 8.What is 35% of 880?
  9. 9.A fan bought for ₹1800 is sold for ₹1440. What is the loss per cent?
  10. 10.What is the amount (principal + simple interest) on ₹6400 at 5% per year for 5 years (in ₹)?
  11. 11.What is the simple interest on ₹500 at 8% per year for 1 year (in ₹)?
  12. 12.A cycle costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  13. 13.What is 90% of 240?
  14. 14.What is the amount (principal + simple interest) on ₹500 at 7% per year for 2 years (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1520. What is the loss (in ₹)?
  16. 16.A shopkeeper buys a table for ₹850 and sells it for ₹720. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹10000 at 9% per year for 4 years (in ₹)?
  18. 18.A shopkeeper buys a table for ₹2000 and sells it for ₹1730. What is the loss (in ₹)?
  19. 19.What is the simple interest on ₹8900 at 2% per year for 2 years (in ₹)?
  20. 20.What is the simple interest on ₹8700 at 10% per year for 3 years (in ₹)?
  21. 21.What is 90% of 300?
  22. 22.What is 15% of 600?
  23. 23.A sewing machine costs ₹3600. It is sold at a 5% profit. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  25. 25.What is the simple interest on ₹4600 at 2% per year for 2 years (in ₹)?
  26. 26.A sewing machine bought for ₹2300 is sold for ₹2760. What is the profit per cent?
  27. 27.A sewing machine bought for ₹2500 is sold for ₹2800. What is the profit per cent?
  28. 28.A watch costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
  29. 29.What is 20% of 1000?
  30. 30.What is the amount (principal + simple interest) on ₹4000 at 12% per year for 3 years (in ₹)?
  31. 31.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
  32. 32.What is the simple interest on ₹6500 at 7% per year for 1 year (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 3 years (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹900 and sells it for ₹880. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹700 at 4% per year for 2 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 3 years (in ₹)?
  37. 37.A fan bought for ₹2800 is sold for ₹4200. What is the profit per cent?
  38. 38.What is the simple interest on ₹6200 at 5% per year for 1 year (in ₹)?
  39. 39.A cricket kit bought for ₹300 is sold for ₹210. What is the loss per cent?
  40. 40.What is 80% of 660?

Answer key

  1. 8103
  2. 9116
  3. 160
  4. 30
  5. 4368
  6. 45
  7. 10
  8. 308
  9. 20
  10. 8000
  11. 40
  12. 1000
  13. 216
  14. 570
  15. 80
  16. 130
  17. 13600
  18. 270
  19. 356
  20. 2610
  21. 270
  22. 90
  23. 3780
  24. 1200
  25. 184
  26. 20
  27. 12
  28. 1080
  29. 200
  30. 5440
  31. 40
  32. 455
  33. 4445
  34. 20
  35. 756
  36. 3472
  37. 50
  38. 310
  39. 30
  40. 528

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