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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 22 · 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 ₹6600 at 7% per year for 1 year (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹2650 and sells it for ₹2910. What is the profit (in ₹)?
  3. 3.A mobile phone bought for ₹1600 is sold for ₹1440. What is the loss per cent?
  4. 4.What is 5% of 760?
  5. 5.What is the amount (principal + simple interest) on ₹3900 at 12% per year for 2 years (in ₹)?
  6. 6.A table bought for ₹3600 is sold for ₹4320. What is the profit per cent?
  7. 7.What is 25% of 580?
  8. 8.What is the amount (principal + simple interest) on ₹1500 at 9% per year for 4 years (in ₹)?
  9. 9.The price of a water bottle changed from ₹500 to ₹600. What is the percentage increase?
  10. 10.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2520. What is the loss (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹1200 at 7% per year for 5 years (in ₹)?
  12. 12.A cycle bought for ₹600 is sold for ₹300. What is the loss per cent?
  13. 13.What is the simple interest on ₹8000 at 3% per year for 4 years (in ₹)?
  14. 14.A fan bought for ₹2400 is sold for ₹2880. What is the profit per cent?
  15. 15.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2530. What is the profit (in ₹)?
  16. 16.What is 75% of 400?
  17. 17.A shopkeeper buys a cooler for ₹3000 and sells it for ₹3060. What is the profit (in ₹)?
  18. 18.What is the simple interest on ₹9600 at 12% per year for 5 years (in ₹)?
  19. 19.The price of a water bottle changed from ₹200 to ₹210. What is the percentage increase?
  20. 20.A fan bought for ₹1400 is sold for ₹1568. What is the profit per cent?
  21. 21.A cycle costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
  22. 22.A watch costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.A watch bought for ₹800 is sold for ₹720. What is the loss per cent?
  24. 24.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2640. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹9600 at 6% per year for 2 years (in ₹)?
  26. 26.A sewing machine bought for ₹1100 is sold for ₹880. What is the loss per cent?
  27. 27.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
  28. 28.What is the simple interest on ₹5100 at 4% per year for 5 years (in ₹)?
  29. 29.The price of a bus pass changed from ₹200 to ₹360. What is the percentage increase?
  30. 30.A shopkeeper buys a fan for ₹2750 and sells it for ₹2730. What is the loss (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹1800 at 9% per year for 3 years (in ₹)?
  32. 32.What is 20% of 100?
  33. 33.A table costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
  34. 34.The price of a school bag changed from ₹500 to ₹400. What is the percentage decrease?
  35. 35.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
  36. 36.A cricket kit bought for ₹1500 is sold for ₹1650. What is the profit per cent?
  37. 37.What is the simple interest on ₹6300 at 2% per year for 1 year (in ₹)?
  38. 38.What is 80% of 40?
  39. 39.A shopkeeper buys a fan for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
  40. 40.The price of a box of mangoes changed from ₹200 to ₹198. What is the percentage decrease?

Answer key

  1. 7062
  2. 260
  3. 10
  4. 38
  5. 4836
  6. 20
  7. 145
  8. 2040
  9. 20
  10. 180
  11. 1620
  12. 50
  13. 960
  14. 20
  15. 180
  16. 300
  17. 60
  18. 5760
  19. 5
  20. 12
  21. 600
  22. 4810
  23. 10
  24. 290
  25. 10752
  26. 20
  27. 2
  28. 1020
  29. 80
  30. 20
  31. 2286
  32. 20
  33. 3040
  34. 20
  35. 3528
  36. 10
  37. 126
  38. 32
  39. 240
  40. 1

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