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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 335 · 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 ₹6500 at 11% per year for 4 years (in ₹)?
  2. 2.What is 30% of 300?
  3. 3.A mobile phone costs ₹1700. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹9600 at 3% per year for 2 years (in ₹)?
  5. 5.A shopkeeper buys a fan for ₹700 and sells it for ₹450. What is the loss (in ₹)?
  6. 6.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1270. What is the loss (in ₹)?
  7. 7.What is the simple interest on ₹3300 at 9% per year for 5 years (in ₹)?
  8. 8.A table bought for ₹1400 is sold for ₹1330. What is the loss per cent?
  9. 9.What is 20% of 480?
  10. 10.A sewing machine bought for ₹300 is sold for ₹390. What is the profit per cent?
  11. 11.A table bought for ₹3400 is sold for ₹2380. What is the loss per cent?
  12. 12.What is the simple interest on ₹9300 at 10% per year for 1 year (in ₹)?
  13. 13.A sewing machine bought for ₹900 is sold for ₹855. What is the loss per cent?
  14. 14.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 4 years (in ₹)?
  15. 15.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹670. What is the loss (in ₹)?
  16. 16.A cricket kit bought for ₹1800 is sold for ₹2340. What is the profit per cent?
  17. 17.A cycle costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 4 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹6100 at 10% per year for 4 years (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹1300. What is the profit (in ₹)?
  21. 21.What is 25% of 440?
  22. 22.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
  23. 23.What is 45% of 520?
  24. 24.What is the amount (principal + simple interest) on ₹3700 at 2% per year for 3 years (in ₹)?
  25. 25.The price of a cricket ball changed from ₹400 to ₹396. What is the percentage decrease?
  26. 26.A table costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 4 years (in ₹)?
  28. 28.A mobile phone costs ₹2000. It is sold at a 20% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹2200 at 6% per year for 5 years (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹1150 and sells it for ₹850. What is the loss (in ₹)?
  31. 31.A cycle bought for ₹3500 is sold for ₹4900. What is the profit per cent?
  32. 32.A cycle costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹2700 at 6% per year for 1 year (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹600 at 12% per year for 4 years (in ₹)?
  35. 35.A sewing machine bought for ₹3900 is sold for ₹3432. What is the loss per cent?
  36. 36.The price of a pair of shoes changed from ₹20 to ₹12. What is the percentage decrease?
  37. 37.What is the simple interest on ₹7200 at 2% per year for 4 years (in ₹)?
  38. 38.What is the simple interest on ₹3600 at 12% per year for 5 years (in ₹)?
  39. 39.A fan costs ₹3900. It is sold at a 5% loss. What is the selling price (in ₹)?
  40. 40.A watch bought for ₹1100 is sold for ₹1045. What is the loss per cent?

Answer key

  1. 2860
  2. 90
  3. 1785
  4. 10176
  5. 250
  6. 230
  7. 1485
  8. 5
  9. 96
  10. 30
  11. 30
  12. 930
  13. 5
  14. 3828
  15. 30
  16. 30
  17. 750
  18. 9744
  19. 8540
  20. 250
  21. 110
  22. 60
  23. 234
  24. 3922
  25. 1
  26. 4400
  27. 7992
  28. 2400
  29. 2860
  30. 300
  31. 40
  32. 805
  33. 162
  34. 888
  35. 12
  36. 40
  37. 576
  38. 2160
  39. 3705
  40. 5

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