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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 971 · 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 ₹7800 at 7% per year for 5 years (in ₹)?
  2. 2.The price of a bus pass changed from ₹400 to ₹760. What is the percentage increase?
  3. 3.What is the simple interest on ₹600 at 10% per year for 2 years (in ₹)?
  4. 4.A table costs ₹3800. It is sold at a 50% profit. What is the selling price (in ₹)?
  5. 5.The price of a cricket ball changed from ₹50 to ₹65. What is the percentage increase?
  6. 6.A shopkeeper buys a cycle for ₹1700 and sells it for ₹1740. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a fan for ₹1050 and sells it for ₹1180. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹5800 at 7% per year for 3 years (in ₹)?
  9. 9.What is the simple interest on ₹7900 at 2% per year for 4 years (in ₹)?
  10. 10.What is the simple interest on ₹2100 at 3% per year for 4 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 3 years (in ₹)?
  12. 12.The price of a cricket ball changed from ₹250 to ₹475. What is the percentage increase?
  13. 13.What is 80% of 260?
  14. 14.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1250. What is the profit (in ₹)?
  15. 15.A shopkeeper buys a table for ₹1900 and sells it for ₹2020. What is the profit (in ₹)?
  16. 16.The price of a bus pass changed from ₹80 to ₹40. What is the percentage decrease?
  17. 17.A mobile phone costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
  18. 18.The price of a cricket ball changed from ₹200 to ₹100. What is the percentage decrease?
  19. 19.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3030. What is the profit (in ₹)?
  20. 20.What is the simple interest on ₹3700 at 8% per year for 4 years (in ₹)?
  21. 21.What is 95% of 520?
  22. 22.What is the simple interest on ₹8300 at 8% per year for 1 year (in ₹)?
  23. 23.The price of a cricket ball changed from ₹80 to ₹128. What is the percentage increase?
  24. 24.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹460. What is the loss (in ₹)?
  25. 25.What is 5% of 80?
  26. 26.What is 85% of 620?
  27. 27.What is the simple interest on ₹8800 at 8% per year for 5 years (in ₹)?
  28. 28.A sewing machine bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  29. 29.What is the simple interest on ₹7800 at 8% per year for 5 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 3 years (in ₹)?
  31. 31.A table bought for ₹3300 is sold for ₹4950. What is the profit per cent?
  32. 32.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2720. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a table for ₹2800 and sells it for ₹2760. What is the loss (in ₹)?
  34. 34.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2790. What is the profit (in ₹)?
  35. 35.What is 25% of 740?
  36. 36.A cooler bought for ₹2000 is sold for ₹2300. What is the profit per cent?
  37. 37.What is the amount (principal + simple interest) on ₹4100 at 11% per year for 1 year (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹4100 at 2% per year for 1 year (in ₹)?
  39. 39.The price of a bus pass changed from ₹80 to ₹20. What is the percentage decrease?
  40. 40.A sewing machine bought for ₹2700 is sold for ₹2835. What is the profit per cent?

Answer key

  1. 2730
  2. 90
  3. 120
  4. 5700
  5. 30
  6. 40
  7. 130
  8. 7018
  9. 632
  10. 252
  11. 8050
  12. 90
  13. 208
  14. 150
  15. 120
  16. 50
  17. 2475
  18. 50
  19. 30
  20. 1184
  21. 494
  22. 664
  23. 60
  24. 190
  25. 4
  26. 527
  27. 3520
  28. 12
  29. 3120
  30. 1904
  31. 50
  32. 230
  33. 40
  34. 240
  35. 185
  36. 15
  37. 4551
  38. 4182
  39. 75
  40. 5

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