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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 8 · 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 ₹5200 at 4% per year for 5 years (in ₹)?
  2. 2.A mobile phone costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
  3. 3.A table costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
  4. 4.A cycle costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹1300 at 6% per year for 3 years (in ₹)?
  6. 6.What is 95% of 300?
  7. 7.A cricket kit costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹1600 at 7% per year for 5 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹4300 at 7% per year for 5 years (in ₹)?
  10. 10.A mobile phone bought for ₹2000 is sold for ₹2300. What is the profit per cent?
  11. 11.A cycle costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
  12. 12.What is 25% of 240?
  13. 13.What is the amount (principal + simple interest) on ₹6400 at 10% per year for 1 year (in ₹)?
  14. 14.A shopkeeper buys a cooler for ₹350 and sells it for ₹510. What is the profit (in ₹)?
  15. 15.A table costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹20 to ₹4. What is the percentage decrease?
  17. 17.A watch bought for ₹3100 is sold for ₹3255. What is the profit per cent?
  18. 18.The price of a school bag changed from ₹50 to ₹80. What is the percentage increase?
  19. 19.A shopkeeper buys a fan for ₹2300 and sells it for ₹2480. What is the profit (in ₹)?
  20. 20.A table costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
  21. 21.What is 40% of 180?
  22. 22.The price of a cricket ball changed from ₹200 to ₹210. What is the percentage increase?
  23. 23.A watch bought for ₹600 is sold for ₹720. What is the profit per cent?
  24. 24.A cooler costs ₹200. It is sold at a 30% loss. What is the selling price (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2200 at 2% per year for 1 year (in ₹)?
  26. 26.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
  27. 27.What is the simple interest on ₹9500 at 5% per year for 5 years (in ₹)?
  28. 28.What is the simple interest on ₹5300 at 11% per year for 1 year (in ₹)?
  29. 29.A watch bought for ₹1100 is sold for ₹935. What is the loss per cent?
  30. 30.What is 90% of 160?
  31. 31.What is the simple interest on ₹3500 at 9% per year for 5 years (in ₹)?
  32. 32.What is the simple interest on ₹7700 at 3% per year for 2 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 4 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 5 years (in ₹)?
  35. 35.What is 35% of 160?
  36. 36.The price of a bus pass changed from ₹80 to ₹32. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 4 years (in ₹)?
  38. 38.A mobile phone costs ₹2900. It is sold at a 25% loss. What is the selling price (in ₹)?
  39. 39.What is 55% of 720?
  40. 40.What is the simple interest on ₹2700 at 2% per year for 3 years (in ₹)?

Answer key

  1. 1040
  2. 920
  3. 1210
  4. 150
  5. 1534
  6. 285
  7. 360
  8. 560
  9. 5805
  10. 15
  11. 3120
  12. 60
  13. 7040
  14. 160
  15. 210
  16. 80
  17. 5
  18. 60
  19. 180
  20. 540
  21. 72
  22. 5
  23. 20
  24. 140
  25. 2244
  26. 60
  27. 2375
  28. 583
  29. 15
  30. 144
  31. 1575
  32. 462
  33. 1584
  34. 7475
  35. 56
  36. 60
  37. 9296
  38. 2175
  39. 396
  40. 162

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