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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 122 · 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 ₹3800 at 8% per year for 1 year (in ₹)?
  2. 2.The price of a school bag changed from ₹80 to ₹64. What is the percentage decrease?
  3. 3.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 4 years (in ₹)?
  4. 4.A table costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
  5. 5.A sewing machine costs ₹2800. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.The price of a school bag changed from ₹20 to ₹21. What is the percentage increase?
  7. 7.What is the simple interest on ₹600 at 2% per year for 2 years (in ₹)?
  8. 8.A sewing machine costs ₹1900. It is sold at a 5% loss. What is the selling price (in ₹)?
  9. 9.A sewing machine costs ₹500. It is sold at a 20% loss. What is the selling price (in ₹)?
  10. 10.A sewing machine costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹6100 at 11% per year for 4 years (in ₹)?
  12. 12.A cycle bought for ₹700 is sold for ₹1050. What is the profit per cent?
  13. 13.The price of a bus pass changed from ₹500 to ₹200. What is the percentage decrease?
  14. 14.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹550. What is the loss (in ₹)?
  15. 15.A shopkeeper buys a table for ₹2550 and sells it for ₹2460. What is the loss (in ₹)?
  16. 16.A cycle costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹1900 at 12% per year for 3 years (in ₹)?
  18. 18.What is the simple interest on ₹2100 at 2% per year for 4 years (in ₹)?
  19. 19.What is 15% of 1000?
  20. 20.What is the amount (principal + simple interest) on ₹1400 at 12% per year for 1 year (in ₹)?
  21. 21.What is 20% of 40?
  22. 22.A sewing machine bought for ₹1100 is sold for ₹1210. What is the profit per cent?
  23. 23.The price of a water bottle changed from ₹200 to ₹196. What is the percentage decrease?
  24. 24.A cycle bought for ₹500 is sold for ₹525. What is the profit per cent?
  25. 25.A cycle bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  26. 26.What is the simple interest on ₹8000 at 4% per year for 3 years (in ₹)?
  27. 27.A shopkeeper buys a watch for ₹2100 and sells it for ₹1810. What is the loss (in ₹)?
  28. 28.What is the simple interest on ₹1800 at 7% per year for 5 years (in ₹)?
  29. 29.What is the simple interest on ₹3300 at 6% per year for 5 years (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹80 to ₹120. What is the percentage increase?
  31. 31.What is 55% of 940?
  32. 32.What is the simple interest on ₹3600 at 12% per year for 2 years (in ₹)?
  33. 33.What is 15% of 320?
  34. 34.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 1 year (in ₹)?
  35. 35.The price of a cricket ball changed from ₹500 to ₹600. What is the percentage increase?
  36. 36.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 3 years (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹2500 and sells it for ₹2520. What is the profit (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1870. What is the profit (in ₹)?
  39. 39.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1070. What is the loss (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 2 years (in ₹)?

Answer key

  1. 4104
  2. 20
  3. 12032
  4. 2850
  5. 2100
  6. 5
  7. 24
  8. 1805
  9. 400
  10. 4144
  11. 8784
  12. 50
  13. 60
  14. 300
  15. 90
  16. 1995
  17. 684
  18. 168
  19. 150
  20. 1568
  21. 8
  22. 10
  23. 2
  24. 5
  25. 25
  26. 960
  27. 290
  28. 630
  29. 990
  30. 50
  31. 517
  32. 864
  33. 48
  34. 9324
  35. 20
  36. 11172
  37. 20
  38. 20
  39. 280
  40. 4320

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