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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 786 · 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 ₹7000 at 6% per year for 4 years (in ₹)?
  2. 2.What is 20% of 140?
  3. 3.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 2 years (in ₹)?
  4. 4.A mobile phone bought for ₹2200 is sold for ₹2310. What is the profit per cent?
  5. 5.What is the simple interest on ₹3000 at 12% per year for 1 year (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹6100 at 4% per year for 1 year (in ₹)?
  7. 7.What is 90% of 920?
  8. 8.A table costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
  9. 9.The price of a water bottle changed from ₹400 to ₹700. What is the percentage increase?
  10. 10.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1650. What is the profit (in ₹)?
  11. 11.The price of a water bottle changed from ₹400 to ₹380. What is the percentage decrease?
  12. 12.What is the amount (principal + simple interest) on ₹800 at 10% per year for 5 years (in ₹)?
  13. 13.What is the simple interest on ₹5900 at 6% per year for 3 years (in ₹)?
  14. 14.What is 5% of 600?
  15. 15.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹930. What is the profit (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹100 to ₹125. What is the percentage increase?
  17. 17.A table costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹7200 at 5% per year for 1 year (in ₹)?
  19. 19.The price of a box of mangoes changed from ₹50 to ₹60. What is the percentage increase?
  20. 20.What is 65% of 280?
  21. 21.What is the simple interest on ₹4700 at 5% per year for 1 year (in ₹)?
  22. 22.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2500. What is the profit (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹8600 at 4% per year for 5 years (in ₹)?
  24. 24.A watch bought for ₹3400 is sold for ₹3808. What is the profit per cent?
  25. 25.A cycle bought for ₹800 is sold for ₹1000. What is the profit per cent?
  26. 26.What is the simple interest on ₹6700 at 7% per year for 5 years (in ₹)?
  27. 27.A table costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 3 years (in ₹)?
  29. 29.The price of a bus pass changed from ₹250 to ₹245. What is the percentage decrease?
  30. 30.What is the amount (principal + simple interest) on ₹5400 at 7% per year for 1 year (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 2 years (in ₹)?
  32. 32.What is 55% of 920?
  33. 33.What is 40% of 160?
  34. 34.A shopkeeper buys a fan for ₹850 and sells it for ₹1040. What is the profit (in ₹)?
  35. 35.What is 80% of 560?
  36. 36.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1270. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a cycle for ₹400 and sells it for ₹330. What is the loss (in ₹)?
  38. 38.A cycle costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.What is 5% of 320?
  40. 40.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 1 year (in ₹)?

Answer key

  1. 1680
  2. 28
  3. 2508
  4. 5
  5. 360
  6. 6344
  7. 828
  8. 3330
  9. 75
  10. 100
  11. 5
  12. 1200
  13. 1062
  14. 30
  15. 180
  16. 25
  17. 3625
  18. 360
  19. 20
  20. 182
  21. 235
  22. 150
  23. 10320
  24. 12
  25. 25
  26. 2345
  27. 650
  28. 6048
  29. 2
  30. 5778
  31. 7906
  32. 506
  33. 64
  34. 190
  35. 448
  36. 70
  37. 70
  38. 330
  39. 16
  40. 7918

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