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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 116 · 40 sums
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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 ₹1500 at 7% per year for 2 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹5700 at 10% per year for 1 year (in ₹)?
  3. 3.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2640. What is the profit (in ₹)?
  4. 4.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹190. What is the loss (in ₹)?
  5. 5.A shopkeeper buys a cycle for ₹700 and sells it for ₹910. What is the profit (in ₹)?
  6. 6.The price of a cricket ball changed from ₹400 to ₹560. What is the percentage increase?
  7. 7.What is the simple interest on ₹7300 at 11% per year for 3 years (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹850 and sells it for ₹920. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹4000 at 3% per year for 3 years (in ₹)?
  10. 10.A cycle costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.The price of a water bottle changed from ₹80 to ₹84. What is the percentage increase?
  12. 12.What is 20% of 460?
  13. 13.What is 60% of 320?
  14. 14.What is 10% of 340?
  15. 15.What is the simple interest on ₹7100 at 7% per year for 4 years (in ₹)?
  16. 16.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
  17. 17.A fan costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
  18. 18.What is 70% of 260?
  19. 19.The price of a bus pass changed from ₹80 to ₹112. What is the percentage increase?
  20. 20.What is 45% of 680?
  21. 21.A table bought for ₹1000 is sold for ₹700. What is the loss per cent?
  22. 22.What is the amount (principal + simple interest) on ₹1100 at 9% per year for 5 years (in ₹)?
  23. 23.What is 45% of 160?
  24. 24.A sewing machine costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
  25. 25.What is 20% of 440?
  26. 26.A fan bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  27. 27.The price of a water bottle changed from ₹40 to ₹4. What is the percentage decrease?
  28. 28.A cooler bought for ₹4000 is sold for ₹4800. What is the profit per cent?
  29. 29.What is the amount (principal + simple interest) on ₹2600 at 4% per year for 2 years (in ₹)?
  30. 30.A cricket kit bought for ₹2900 is sold for ₹4350. What is the profit per cent?
  31. 31.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹380. What is the loss (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹3300 at 8% per year for 1 year (in ₹)?
  33. 33.The price of a water bottle changed from ₹500 to ₹400. What is the percentage decrease?
  34. 34.A shopkeeper buys a cycle for ₹800 and sells it for ₹960. What is the profit (in ₹)?
  35. 35.What is 80% of 480?
  36. 36.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
  37. 37.A fan bought for ₹3400 is sold for ₹3910. What is the profit per cent?
  38. 38.What is the amount (principal + simple interest) on ₹3800 at 5% per year for 2 years (in ₹)?
  39. 39.What is 85% of 800?
  40. 40.A cooler bought for ₹3300 is sold for ₹4620. What is the profit per cent?

Answer key

  1. 1710
  2. 6270
  3. 40
  4. 10
  5. 210
  6. 40
  7. 2409
  8. 70
  9. 360
  10. 3120
  11. 5
  12. 92
  13. 192
  14. 34
  15. 1988
  16. 40
  17. 980
  18. 182
  19. 40
  20. 306
  21. 30
  22. 1595
  23. 72
  24. 345
  25. 88
  26. 12
  27. 90
  28. 20
  29. 2808
  30. 50
  31. 270
  32. 3564
  33. 20
  34. 160
  35. 384
  36. 25
  37. 15
  38. 4180
  39. 680
  40. 40

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