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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 280 · 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 ₹7100 at 3% per year for 5 years (in ₹)?
  2. 2.What is 5% of 520?
  3. 3.A sewing machine bought for ₹2200 is sold for ₹1980. What is the loss per cent?
  4. 4.A watch bought for ₹1000 is sold for ₹1100. What is the profit per cent?
  5. 5.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  6. 6.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1590. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a table for ₹1200 and sells it for ₹1070. What is the loss (in ₹)?
  8. 8.A cooler costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
  9. 9.A sewing machine costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
  10. 10.A fan costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  11. 11.The price of a bus pass changed from ₹400 to ₹200. What is the percentage decrease?
  12. 12.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹920. What is the profit (in ₹)?
  13. 13.What is the simple interest on ₹7600 at 2% per year for 2 years (in ₹)?
  14. 14.A mobile phone costs ₹2900. It is sold at a 40% profit. What is the selling price (in ₹)?
  15. 15.A mobile phone costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
  16. 16.A cricket kit bought for ₹300 is sold for ₹360. What is the profit per cent?
  17. 17.What is 95% of 880?
  18. 18.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 5 years (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹2850 and sells it for ₹2770. What is the loss (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹500 to ₹400. What is the percentage decrease?
  21. 21.What is 25% of 140?
  22. 22.A shopkeeper buys a cycle for ₹700 and sells it for ₹740. What is the profit (in ₹)?
  23. 23.A cricket kit bought for ₹3000 is sold for ₹3300. What is the profit per cent?
  24. 24.What is 30% of 220?
  25. 25.The price of a box of mangoes changed from ₹100 to ₹98. What is the percentage decrease?
  26. 26.A mobile phone bought for ₹2800 is sold for ₹1680. What is the loss per cent?
  27. 27.What is the amount (principal + simple interest) on ₹9500 at 12% per year for 5 years (in ₹)?
  28. 28.A table costs ₹2500. It is sold at a 12% loss. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹5800 at 6% per year for 2 years (in ₹)?
  30. 30.A cricket kit bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  31. 31.What is 65% of 420?
  32. 32.A mobile phone bought for ₹400 is sold for ₹500. What is the profit per cent?
  33. 33.A cooler bought for ₹400 is sold for ₹520. What is the profit per cent?
  34. 34.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
  35. 35.What is the simple interest on ₹5000 at 12% per year for 1 year (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3900 at 7% per year for 4 years (in ₹)?
  37. 37.What is 95% of 800?
  38. 38.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
  39. 39.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 5 years (in ₹)?
  40. 40.A shopkeeper buys a fan for ₹2650 and sells it for ₹2570. What is the loss (in ₹)?

Answer key

  1. 1065
  2. 26
  3. 10
  4. 10
  5. 40
  6. 260
  7. 130
  8. 3675
  9. 210
  10. 840
  11. 50
  12. 270
  13. 304
  14. 4060
  15. 4750
  16. 20
  17. 836
  18. 9600
  19. 80
  20. 20
  21. 35
  22. 40
  23. 10
  24. 66
  25. 2
  26. 40
  27. 15200
  28. 2200
  29. 696
  30. 50
  31. 273
  32. 25
  33. 30
  34. 30
  35. 600
  36. 4992
  37. 760
  38. 2
  39. 9085
  40. 80

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