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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 902 · 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 ₹7700 at 3% per year for 3 years (in ₹)?
  2. 2.What is the simple interest on ₹3100 at 4% per year for 1 year (in ₹)?
  3. 3.What is 90% of 540?
  4. 4.What is the amount (principal + simple interest) on ₹9400 at 3% per year for 1 year (in ₹)?
  5. 5.A cricket kit costs ₹2800. It is sold at a 20% loss. What is the selling price (in ₹)?
  6. 6.A mobile phone costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹7900 at 5% per year for 1 year (in ₹)?
  8. 8.What is 30% of 660?
  9. 9.What is the simple interest on ₹4400 at 5% per year for 4 years (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹250 and sells it for ₹170. What is the loss (in ₹)?
  11. 11.The price of a school bag changed from ₹400 to ₹560. What is the percentage increase?
  12. 12.A shopkeeper buys a cooler for ₹2150 and sells it for ₹2030. What is the loss (in ₹)?
  13. 13.What is 65% of 340?
  14. 14.A cooler bought for ₹3800 is sold for ₹1900. What is the loss per cent?
  15. 15.A fan bought for ₹1000 is sold for ₹850. What is the loss per cent?
  16. 16.What is the simple interest on ₹9800 at 8% per year for 4 years (in ₹)?
  17. 17.The price of a pair of shoes changed from ₹20 to ₹30. What is the percentage increase?
  18. 18.What is 75% of 520?
  19. 19.A shopkeeper buys a table for ₹650 and sells it for ₹710. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8500 at 5% per year for 1 year (in ₹)?
  21. 21.What is 5% of 180?
  22. 22.A cricket kit bought for ₹2100 is sold for ₹2352. What is the profit per cent?
  23. 23.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 3 years (in ₹)?
  24. 24.A cycle costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
  25. 25.A cooler costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
  26. 26.A watch costs ₹3700. It is sold at a 10% profit. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹4900 at 6% per year for 2 years (in ₹)?
  28. 28.What is the simple interest on ₹8900 at 3% per year for 5 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹500 at 4% per year for 1 year (in ₹)?
  30. 30.A cricket kit costs ₹1200. It is sold at a 40% profit. What is the selling price (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹500 to ₹900. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹4700 at 2% per year for 4 years (in ₹)?
  33. 33.What is 95% of 240?
  34. 34.A sewing machine bought for ₹2500 is sold for ₹2200. What is the loss per cent?
  35. 35.The price of a pair of shoes changed from ₹50 to ₹51. What is the percentage increase?
  36. 36.A cricket kit costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
  37. 37.What is 70% of 60?
  38. 38.What is 5% of 240?
  39. 39.What is 95% of 600?
  40. 40.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 2 years (in ₹)?

Answer key

  1. 8393
  2. 124
  3. 486
  4. 9682
  5. 2240
  6. 4200
  7. 8295
  8. 198
  9. 880
  10. 80
  11. 40
  12. 120
  13. 221
  14. 50
  15. 15
  16. 3136
  17. 50
  18. 390
  19. 60
  20. 8925
  21. 9
  22. 12
  23. 5985
  24. 1450
  25. 240
  26. 4070
  27. 5488
  28. 1335
  29. 520
  30. 1680
  31. 80
  32. 5076
  33. 228
  34. 12
  35. 2
  36. 700
  37. 42
  38. 12
  39. 570
  40. 10384

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