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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 195 · 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 ₹1400 at 4% per year for 3 years (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1720. What is the loss (in ₹)?
  3. 3.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
  4. 4.A shopkeeper buys a cooler for ₹2100 and sells it for ₹2250. What is the profit (in ₹)?
  5. 5.A table costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹2200 at 9% per year for 1 year (in ₹)?
  7. 7.What is the simple interest on ₹7900 at 6% per year for 2 years (in ₹)?
  8. 8.A watch costs ₹700. It is sold at a 50% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹850 and sells it for ₹880. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 5 years (in ₹)?
  12. 12.A cycle costs ₹400. It is sold at a 30% profit. What is the selling price (in ₹)?
  13. 13.The price of a water bottle changed from ₹20 to ₹36. What is the percentage increase?
  14. 14.What is 20% of 920?
  15. 15.A sewing machine bought for ₹3600 is sold for ₹2880. What is the loss per cent?
  16. 16.What is the simple interest on ₹4600 at 10% per year for 2 years (in ₹)?
  17. 17.A cooler bought for ₹2000 is sold for ₹1200. What is the loss per cent?
  18. 18.What is the simple interest on ₹8100 at 11% per year for 3 years (in ₹)?
  19. 19.A shopkeeper buys a table for ₹2400 and sells it for ₹2570. What is the profit (in ₹)?
  20. 20.What is the simple interest on ₹2600 at 10% per year for 2 years (in ₹)?
  21. 21.What is 25% of 400?
  22. 22.A table bought for ₹3800 is sold for ₹5700. What is the profit per cent?
  23. 23.What is 65% of 740?
  24. 24.A fan bought for ₹2600 is sold for ₹2912. What is the profit per cent?
  25. 25.The price of a water bottle changed from ₹200 to ₹140. What is the percentage decrease?
  26. 26.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1270. What is the loss (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹200 to ₹220. What is the percentage increase?
  28. 28.A cricket kit costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.A cooler bought for ₹400 is sold for ₹320. What is the loss per cent?
  30. 30.A mobile phone bought for ₹2400 is sold for ₹2160. What is the loss per cent?
  31. 31.A sewing machine bought for ₹3600 is sold for ₹3168. What is the loss per cent?
  32. 32.What is the simple interest on ₹6200 at 11% per year for 1 year (in ₹)?
  33. 33.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
  34. 34.What is 85% of 80?
  35. 35.A shopkeeper buys a table for ₹1450 and sells it for ₹1530. What is the profit (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹3000 and sells it for ₹3250. What is the profit (in ₹)?
  37. 37.What is 40% of 900?
  38. 38.A cooler costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 5 years (in ₹)?
  40. 40.What is the simple interest on ₹5600 at 9% per year for 2 years (in ₹)?

Answer key

  1. 1568
  2. 180
  3. 40
  4. 150
  5. 1045
  6. 198
  7. 948
  8. 350
  9. 7560
  10. 30
  11. 12690
  12. 520
  13. 80
  14. 184
  15. 20
  16. 920
  17. 40
  18. 2673
  19. 170
  20. 520
  21. 100
  22. 50
  23. 481
  24. 12
  25. 30
  26. 130
  27. 10
  28. 4025
  29. 20
  30. 10
  31. 12
  32. 682
  33. 20
  34. 68
  35. 80
  36. 250
  37. 360
  38. 3640
  39. 7375
  40. 1008

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