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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 323 · 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 ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹40 to ₹36. What is the percentage decrease?
  3. 3.A shopkeeper buys a fan for ₹1950 and sells it for ₹1670. What is the loss (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 4 years (in ₹)?
  5. 5.The price of a cricket ball changed from ₹80 to ₹32. What is the percentage decrease?
  6. 6.A shopkeeper buys a watch for ₹1500 and sells it for ₹1300. What is the loss (in ₹)?
  7. 7.What is 60% of 580?
  8. 8.What is the amount (principal + simple interest) on ₹1800 at 4% per year for 1 year (in ₹)?
  9. 9.A shopkeeper buys a table for ₹2650 and sells it for ₹2680. What is the profit (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1500 at 6% per year for 4 years (in ₹)?
  11. 11.What is 65% of 240?
  12. 12.A watch costs ₹1300. It is sold at a 15% profit. What is the selling price (in ₹)?
  13. 13.A watch costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
  14. 14.What is 60% of 840?
  15. 15.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2970. What is the profit (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 1 year (in ₹)?
  17. 17.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1910. What is the profit (in ₹)?
  18. 18.A fan costs ₹2300. It is sold at a 30% loss. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹6900 at 5% per year for 2 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹6600 at 9% per year for 4 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹2500 at 9% per year for 4 years (in ₹)?
  22. 22.What is the simple interest on ₹8300 at 8% per year for 3 years (in ₹)?
  23. 23.A cycle bought for ₹1700 is sold for ₹1785. What is the profit per cent?
  24. 24.A cooler bought for ₹2600 is sold for ₹2990. What is the profit per cent?
  25. 25.A table bought for ₹2500 is sold for ₹2800. What is the profit per cent?
  26. 26.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 1 year (in ₹)?
  27. 27.What is 40% of 100?
  28. 28.What is the amount (principal + simple interest) on ₹2900 at 11% per year for 1 year (in ₹)?
  29. 29.What is 70% of 640?
  30. 30.What is the amount (principal + simple interest) on ₹1900 at 7% per year for 1 year (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹9200 at 5% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹3700 at 2% per year for 3 years (in ₹)?
  33. 33.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2380. What is the profit (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹8600 at 12% per year for 2 years (in ₹)?
  35. 35.A mobile phone bought for ₹3300 is sold for ₹2475. What is the loss per cent?
  36. 36.What is the amount (principal + simple interest) on ₹9600 at 12% per year for 4 years (in ₹)?
  37. 37.A cycle bought for ₹1300 is sold for ₹1560. What is the profit per cent?
  38. 38.What is the simple interest on ₹1900 at 5% per year for 4 years (in ₹)?
  39. 39.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
  40. 40.What is the simple interest on ₹6200 at 4% per year for 3 years (in ₹)?

Answer key

  1. 700
  2. 10
  3. 280
  4. 2464
  5. 60
  6. 200
  7. 348
  8. 1872
  9. 30
  10. 1860
  11. 156
  12. 1495
  13. 1680
  14. 504
  15. 120
  16. 2987
  17. 160
  18. 1610
  19. 690
  20. 8976
  21. 3400
  22. 1992
  23. 5
  24. 15
  25. 12
  26. 2080
  27. 40
  28. 3219
  29. 448
  30. 2033
  31. 11040
  32. 222
  33. 80
  34. 10664
  35. 25
  36. 14208
  37. 20
  38. 380
  39. 80
  40. 744

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