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Grade 7 Tax, Tips, Markups & Simple Interest Worksheet with Answers

Grade 7 (US) · Year 8 (UK) · Class 7 (India) · Math

Unit 2: Percent ApplicationsMoney MathCCSS 7.RP.A.3

Everyday percent problems: sales tax, tips, markups, discounts and simple interest. This free middle school worksheet has 12 questions and a full answer key. Print it or save it as a PDF — every answer is checked by code, not guessed.

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Tax, Tips, Markups & Simple Interest

Grade 7 · Math

Score___ / 12

Name

Class

Date

Learning goal: Money Math · CCSS 7.RP.A.3

Directions: Solve each problem. Show your work, then write your answer in the box.

Example

A meal costs $14.50. You leave a 15% tip. How much is the tip?

Answer: $2.17

RememberPercent change and interest

1
A meal costs $114.50. You leave a 15% tip. How much is the tip?
Answer
2
A store buys a lamp for $50 and marks it up 20%. What is the selling price?
Show your work
Answer
3
$2,500 is invested at 2% simple interest per year for 2 years. How much interest is earned?
Show your work
Answer
4
$1,000 is invested at 3% simple interest per year for 2 years. How much interest is earned?
Show your work
Answer
5
$800 is invested at 3% simple interest per year for 3 years. How much interest is earned?
Show your work
Answer
6
$1,000 is invested at 6% simple interest per year for 2 years. How much interest is earned?
Show your work
Answer
7
A jacket costs $74.00. Sales tax is 5%. How much is the tax?
Answer
8
A meal costs $19.25. You leave a 5% tip. How much is the tip?
Answer
9
$1,200 is invested at 4% simple interest per year for 5 years. How much interest is earned?
Show your work
Answer
10
A store buys a lamp for $40 and marks it up 100%. What is the selling price?
Show your work
Answer
11
A jacket costs $88.50. Sales tax is 18%. How much is the tax?
Answer
12
A store buys a lamp for $24 and marks it up 100%. What is the selling price?
Show your work
Answer

★ Challenge corner for fast finishers

Priya is 7 years older than Noah. Together their ages add up to 21. How old is Noah?

How did I do?

Teacher's comments

Free printable worksheets with answer keys · aethelsystems.com/worksheets/math/7/simple_interest

Answer key (click to show)

1.$17.18
2.$60.00
3.$100.00
4.$60.00
5.$72.00
6.$120.00
7.$3.70
8.$0.96
9.$240.00
10.$80.00
11.$15.93
12.$48.00
★7 (challenge corner)

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