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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 967 · 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 ₹700 at 6% per year for 2 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 1 year (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 2 years (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹2900 and sells it for ₹3130. What is the profit (in ₹)?
  5. 5.A sewing machine bought for ₹2300 is sold for ₹1955. What is the loss per cent?
  6. 6.A cycle bought for ₹4000 is sold for ₹3520. What is the loss per cent?
  7. 7.A table bought for ₹1800 is sold for ₹900. What is the loss per cent?
  8. 8.What is the simple interest on ₹6800 at 4% per year for 4 years (in ₹)?
  9. 9.A cooler costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
  10. 10.The price of a bus pass changed from ₹100 to ₹125. What is the percentage increase?
  11. 11.The price of a box of mangoes changed from ₹40 to ₹70. What is the percentage increase?
  12. 12.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹200. What is the loss (in ₹)?
  13. 13.What is 30% of 940?
  14. 14.What is the simple interest on ₹8500 at 5% per year for 2 years (in ₹)?
  15. 15.A table costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
  16. 16.What is 70% of 500?
  17. 17.A cycle bought for ₹1000 is sold for ₹1400. What is the profit per cent?
  18. 18.A cycle bought for ₹400 is sold for ₹460. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹2400 and sells it for ₹2680. What is the profit (in ₹)?
  21. 21.A mobile phone bought for ₹500 is sold for ₹560. What is the profit per cent?
  22. 22.A fan costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
  23. 23.What is 40% of 620?
  24. 24.A table costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
  25. 25.What is 70% of 520?
  26. 26.A shopkeeper buys a fan for ₹1250 and sells it for ₹1300. What is the profit (in ₹)?
  27. 27.A watch bought for ₹300 is sold for ₹285. What is the loss per cent?
  28. 28.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1680. What is the loss (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 4 years (in ₹)?
  30. 30.What is 85% of 720?
  31. 31.The price of a pair of shoes changed from ₹40 to ₹48. What is the percentage increase?
  32. 32.What is 75% of 820?
  33. 33.A sewing machine costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹4500 at 6% per year for 4 years (in ₹)?
  35. 35.What is the simple interest on ₹3800 at 10% per year for 3 years (in ₹)?
  36. 36.What is 55% of 160?
  37. 37.What is the amount (principal + simple interest) on ₹4900 at 10% per year for 2 years (in ₹)?
  38. 38.What is 30% of 140?
  39. 39.The price of a cricket ball changed from ₹40 to ₹76. What is the percentage increase?
  40. 40.What is the simple interest on ₹3100 at 4% per year for 4 years (in ₹)?

Answer key

  1. 84
  2. 4180
  3. 10600
  4. 230
  5. 15
  6. 12
  7. 50
  8. 1088
  9. 2970
  10. 25
  11. 75
  12. 100
  13. 282
  14. 850
  15. 2185
  16. 350
  17. 40
  18. 15
  19. 8050
  20. 280
  21. 12
  22. 3040
  23. 248
  24. 880
  25. 364
  26. 50
  27. 5
  28. 220
  29. 5676
  30. 612
  31. 20
  32. 615
  33. 1080
  34. 5580
  35. 1140
  36. 88
  37. 5880
  38. 42
  39. 90
  40. 496

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