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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 153 · 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 simple interest on ₹3800 at 5% per year for 3 years (in ₹)?
  2. 2.What is 60% of 880?
  3. 3.What is 5% of 160?
  4. 4.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 5 years (in ₹)?
  5. 5.What is 25% of 160?
  6. 6.The price of a school bag changed from ₹80 to ₹152. What is the percentage increase?
  7. 7.A mobile phone bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  8. 8.A sewing machine bought for ₹1100 is sold for ₹1265. What is the profit per cent?
  9. 9.What is 85% of 740?
  10. 10.A mobile phone bought for ₹700 is sold for ₹805. What is the profit per cent?
  11. 11.The price of a cricket ball changed from ₹250 to ₹475. What is the percentage increase?
  12. 12.The price of a bus pass changed from ₹80 to ₹20. What is the percentage decrease?
  13. 13.What is 65% of 740?
  14. 14.What is the amount (principal + simple interest) on ₹7700 at 5% per year for 1 year (in ₹)?
  15. 15.What is the simple interest on ₹9100 at 10% per year for 2 years (in ₹)?
  16. 16.A sewing machine costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹2200 at 2% per year for 2 years (in ₹)?
  18. 18.The price of a cricket ball changed from ₹20 to ₹24. What is the percentage increase?
  19. 19.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
  20. 20.A cycle costs ₹1400. It is sold at a 15% profit. What is the selling price (in ₹)?
  21. 21.A sewing machine bought for ₹1700 is sold for ₹2380. What is the profit per cent?
  22. 22.A fan costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1620. What is the profit (in ₹)?
  24. 24.What is 80% of 100?
  25. 25.A fan bought for ₹2000 is sold for ₹2600. What is the profit per cent?
  26. 26.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 5 years (in ₹)?
  27. 27.A mobile phone bought for ₹3800 is sold for ₹3990. What is the profit per cent?
  28. 28.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1500. What is the profit (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 1 year (in ₹)?
  30. 30.What is the simple interest on ₹2300 at 7% per year for 2 years (in ₹)?
  31. 31.A sewing machine bought for ₹600 is sold for ₹660. What is the profit per cent?
  32. 32.A mobile phone bought for ₹2500 is sold for ₹3750. What is the profit per cent?
  33. 33.What is the simple interest on ₹8600 at 8% per year for 5 years (in ₹)?
  34. 34.A cooler bought for ₹200 is sold for ₹176. What is the loss per cent?
  35. 35.A cricket kit bought for ₹600 is sold for ₹780. What is the profit per cent?
  36. 36.A shopkeeper buys a watch for ₹600 and sells it for ₹590. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 1 year (in ₹)?
  38. 38.What is 80% of 400?
  39. 39.A sewing machine bought for ₹3400 is sold for ₹3740. What is the profit per cent?
  40. 40.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1210. What is the loss (in ₹)?

Answer key

  1. 570
  2. 528
  3. 8
  4. 7590
  5. 40
  6. 90
  7. 25
  8. 15
  9. 629
  10. 15
  11. 90
  12. 75
  13. 481
  14. 8085
  15. 1820
  16. 510
  17. 2288
  18. 20
  19. 40
  20. 1610
  21. 40
  22. 2730
  23. 70
  24. 80
  25. 30
  26. 5720
  27. 5
  28. 300
  29. 4644
  30. 322
  31. 10
  32. 50
  33. 3440
  34. 12
  35. 30
  36. 10
  37. 1060
  38. 320
  39. 10
  40. 190

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