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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 173 · 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 ₹4100 at 6% per year for 4 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹4000 at 10% per year for 5 years (in ₹)?
  3. 3.What is 70% of 780?
  4. 4.What is 60% of 860?
  5. 5.What is the simple interest on ₹8200 at 4% per year for 5 years (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹350 and sells it for ₹360. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹3000 at 3% per year for 2 years (in ₹)?
  8. 8.A cycle costs ₹3700. It is sold at a 5% loss. What is the selling price (in ₹)?
  9. 9.The price of a cricket ball changed from ₹40 to ₹24. What is the percentage decrease?
  10. 10.What is the amount (principal + simple interest) on ₹9900 at 4% per year for 2 years (in ₹)?
  11. 11.A fan costs ₹300. It is sold at a 50% profit. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹1950 and sells it for ₹1800. What is the loss (in ₹)?
  13. 13.A sewing machine costs ₹3500. It is sold at a 12% loss. What is the selling price (in ₹)?
  14. 14.What is 30% of 540?
  15. 15.A watch costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
  16. 16.What is 25% of 280?
  17. 17.The price of a school bag changed from ₹100 to ₹98. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 3 years (in ₹)?
  19. 19.A sewing machine costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  20. 20.A sewing machine costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  21. 21.What is 30% of 500?
  22. 22.What is the amount (principal + simple interest) on ₹6700 at 12% per year for 4 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2300 at 9% per year for 3 years (in ₹)?
  24. 24.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1500. What is the loss (in ₹)?
  25. 25.A table costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  26. 26.What is the simple interest on ₹3100 at 10% per year for 1 year (in ₹)?
  27. 27.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1080. What is the loss (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹8900 at 5% per year for 5 years (in ₹)?
  29. 29.What is the simple interest on ₹4800 at 11% per year for 4 years (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2260. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a fan for ₹1950 and sells it for ₹1940. What is the loss (in ₹)?
  32. 32.What is the simple interest on ₹9500 at 7% per year for 5 years (in ₹)?
  33. 33.A fan bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  34. 34.What is the amount (principal + simple interest) on ₹4500 at 8% per year for 3 years (in ₹)?
  35. 35.A cooler costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  36. 36.What is 20% of 960?
  37. 37.What is the amount (principal + simple interest) on ₹1500 at 4% per year for 2 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹3000 at 5% per year for 3 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹5700 at 3% per year for 1 year (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹1190. What is the profit (in ₹)?

Answer key

  1. 984
  2. 6000
  3. 546
  4. 516
  5. 1640
  6. 10
  7. 180
  8. 3515
  9. 40
  10. 10692
  11. 450
  12. 150
  13. 3080
  14. 162
  15. 1050
  16. 70
  17. 2
  18. 6800
  19. 440
  20. 360
  21. 150
  22. 9916
  23. 2921
  24. 100
  25. 360
  26. 310
  27. 220
  28. 11125
  29. 2112
  30. 240
  31. 10
  32. 3325
  33. 50
  34. 5580
  35. 440
  36. 192
  37. 1620
  38. 3450
  39. 5871
  40. 140

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