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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 981 · 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 ₹8000 at 9% per year for 5 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹2000 at 8% per year for 3 years (in ₹)?
  3. 3.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹2800. What is the loss (in ₹)?
  4. 4.What is the simple interest on ₹1700 at 4% per year for 3 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 5 years (in ₹)?
  6. 6.What is the simple interest on ₹6000 at 7% per year for 4 years (in ₹)?
  7. 7.What is the simple interest on ₹700 at 9% per year for 2 years (in ₹)?
  8. 8.The price of a bus pass changed from ₹400 to ₹360. What is the percentage decrease?
  9. 9.A mobile phone costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 2 years (in ₹)?
  11. 11.What is the simple interest on ₹5100 at 9% per year for 5 years (in ₹)?
  12. 12.A mobile phone bought for ₹1400 is sold for ₹980. What is the loss per cent?
  13. 13.The price of a school bag changed from ₹500 to ₹350. What is the percentage decrease?
  14. 14.A cycle costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
  15. 15.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
  16. 16.What is the amount (principal + simple interest) on ₹6700 at 10% per year for 1 year (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹2400 and sells it for ₹2300. What is the loss (in ₹)?
  18. 18.A mobile phone costs ₹300. It is sold at a 50% loss. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹8500 at 11% per year for 2 years (in ₹)?
  20. 20.A sewing machine bought for ₹500 is sold for ₹625. What is the profit per cent?
  21. 21.What is 20% of 820?
  22. 22.A shopkeeper buys a fan for ₹2700 and sells it for ₹2610. What is the loss (in ₹)?
  23. 23.What is the simple interest on ₹7200 at 9% per year for 3 years (in ₹)?
  24. 24.A fan costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
  25. 25.A mobile phone costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
  26. 26.What is 45% of 340?
  27. 27.What is the amount (principal + simple interest) on ₹4000 at 11% per year for 4 years (in ₹)?
  28. 28.A cycle costs ₹2200. It is sold at a 5% loss. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2610. What is the profit (in ₹)?
  30. 30.What is 95% of 540?
  31. 31.What is 85% of 860?
  32. 32.What is 60% of 760?
  33. 33.What is 55% of 420?
  34. 34.What is the amount (principal + simple interest) on ₹8300 at 12% per year for 4 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹6300 at 9% per year for 2 years (in ₹)?
  36. 36.A mobile phone bought for ₹1200 is sold for ₹1140. What is the loss per cent?
  37. 37.What is the simple interest on ₹1100 at 7% per year for 5 years (in ₹)?
  38. 38.The price of a pair of shoes changed from ₹500 to ₹475. What is the percentage decrease?
  39. 39.What is the simple interest on ₹5300 at 6% per year for 2 years (in ₹)?
  40. 40.What is the simple interest on ₹6600 at 8% per year for 1 year (in ₹)?

Answer key

  1. 11600
  2. 2480
  3. 150
  4. 204
  5. 11160
  6. 1680
  7. 126
  8. 10
  9. 3910
  10. 7440
  11. 2295
  12. 30
  13. 30
  14. 4050
  15. 10
  16. 7370
  17. 100
  18. 150
  19. 1870
  20. 25
  21. 164
  22. 90
  23. 1944
  24. 1500
  25. 3220
  26. 153
  27. 5760
  28. 2090
  29. 260
  30. 513
  31. 731
  32. 456
  33. 231
  34. 12284
  35. 7434
  36. 5
  37. 385
  38. 5
  39. 636
  40. 528

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