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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 286 · 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.A fan costs ₹3200. It is sold at a 20% loss. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹3600 at 3% per year for 5 years (in ₹)?
  3. 3.A fan bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  4. 4.The price of a box of mangoes changed from ₹80 to ₹76. What is the percentage decrease?
  5. 5.What is 20% of 40?
  6. 6.What is the simple interest on ₹7600 at 2% per year for 3 years (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹20 to ₹22. What is the percentage increase?
  8. 8.What is 30% of 680?
  9. 9.What is the simple interest on ₹9700 at 7% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2260. What is the profit (in ₹)?
  11. 11.A sewing machine costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
  12. 12.A sewing machine costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹2600 at 10% per year for 1 year (in ₹)?
  14. 14.The price of a water bottle changed from ₹250 to ₹325. What is the percentage increase?
  15. 15.A sewing machine costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2790. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹4400 at 7% per year for 3 years (in ₹)?
  18. 18.The price of a water bottle changed from ₹400 to ₹600. What is the percentage increase?
  19. 19.A sewing machine bought for ₹1600 is sold for ₹2080. What is the profit per cent?
  20. 20.A cycle costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹2400 at 2% per year for 4 years (in ₹)?
  22. 22.A cycle costs ₹2100. It is sold at a 30% loss. What is the selling price (in ₹)?
  23. 23.What is 40% of 720?
  24. 24.What is the amount (principal + simple interest) on ₹7000 at 3% per year for 3 years (in ₹)?
  25. 25.The price of a box of mangoes changed from ₹400 to ₹420. What is the percentage increase?
  26. 26.A sewing machine costs ₹3100. It is sold at a 15% loss. What is the selling price (in ₹)?
  27. 27.A mobile phone costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹600 and sells it for ₹310. What is the loss (in ₹)?
  29. 29.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1700. What is the profit (in ₹)?
  30. 30.What is 70% of 300?
  31. 31.What is the amount (principal + simple interest) on ₹6400 at 2% per year for 2 years (in ₹)?
  32. 32.A shopkeeper buys a watch for ₹650 and sells it for ₹520. What is the loss (in ₹)?
  33. 33.A fan costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
  34. 34.What is 85% of 340?
  35. 35.A table bought for ₹1000 is sold for ₹800. What is the loss per cent?
  36. 36.A watch costs ₹2400. It is sold at a 15% loss. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹3800 at 8% per year for 2 years (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹7000 at 5% per year for 4 years (in ₹)?
  39. 39.What is the simple interest on ₹1400 at 2% per year for 5 years (in ₹)?
  40. 40.The price of a school bag changed from ₹20 to ₹24. What is the percentage increase?

Answer key

  1. 2560
  2. 540
  3. 50
  4. 5
  5. 8
  6. 456
  7. 10
  8. 204
  9. 3395
  10. 10
  11. 3080
  12. 1200
  13. 2860
  14. 30
  15. 1710
  16. 140
  17. 924
  18. 50
  19. 30
  20. 5850
  21. 2592
  22. 1470
  23. 288
  24. 7630
  25. 5
  26. 2635
  27. 1200
  28. 290
  29. 300
  30. 210
  31. 6656
  32. 130
  33. 2040
  34. 289
  35. 20
  36. 2040
  37. 608
  38. 8400
  39. 140
  40. 20

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