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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 353 · 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 ₹8700 at 3% per year for 4 years (in ₹)?
  2. 2.A table bought for ₹2500 is sold for ₹2875. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹3100 at 12% per year for 3 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 5 years (in ₹)?
  5. 5.What is 80% of 660?
  6. 6.A shopkeeper buys a table for ₹2150 and sells it for ₹2370. What is the profit (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹5200 at 5% per year for 5 years (in ₹)?
  8. 8.What is 30% of 220?
  9. 9.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2690. What is the loss (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 5 years (in ₹)?
  11. 11.What is the simple interest on ₹7900 at 5% per year for 5 years (in ₹)?
  12. 12.The price of a pair of shoes changed from ₹80 to ₹104. What is the percentage increase?
  13. 13.A shopkeeper buys a cooler for ₹200 and sells it for ₹280. What is the profit (in ₹)?
  14. 14.A mobile phone costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹3700 at 3% per year for 1 year (in ₹)?
  16. 16.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1680. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹6800 at 8% per year for 1 year (in ₹)?
  18. 18.A sewing machine costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 4 years (in ₹)?
  20. 20.The price of a school bag changed from ₹80 to ₹40. What is the percentage decrease?
  21. 21.The price of a pair of shoes changed from ₹80 to ₹84. What is the percentage increase?
  22. 22.A cycle bought for ₹400 is sold for ₹560. What is the profit per cent?
  23. 23.What is the simple interest on ₹9500 at 12% per year for 3 years (in ₹)?
  24. 24.What is the simple interest on ₹3000 at 3% per year for 5 years (in ₹)?
  25. 25.A cycle bought for ₹2300 is sold for ₹1840. What is the loss per cent?
  26. 26.A cooler bought for ₹1500 is sold for ₹1350. What is the loss per cent?
  27. 27.A cricket kit costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
  28. 28.A cricket kit bought for ₹1800 is sold for ₹1350. What is the loss per cent?
  29. 29.What is 90% of 500?
  30. 30.A shopkeeper buys a fan for ₹1600 and sells it for ₹1840. What is the profit (in ₹)?
  31. 31.What is 15% of 640?
  32. 32.A table costs ₹800. It is sold at a 30% loss. What is the selling price (in ₹)?
  33. 33.A cricket kit bought for ₹2000 is sold for ₹2400. What is the profit per cent?
  34. 34.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2290. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹9100 at 10% per year for 3 years (in ₹)?
  36. 36.What is 80% of 840?
  37. 37.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3140. What is the profit (in ₹)?
  38. 38.A table bought for ₹3200 is sold for ₹4160. What is the profit per cent?
  39. 39.A shopkeeper buys a fan for ₹2900 and sells it for ₹2990. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹9200 at 5% per year for 5 years (in ₹)?

Answer key

  1. 9744
  2. 15
  3. 4216
  4. 2200
  5. 528
  6. 220
  7. 6500
  8. 66
  9. 60
  10. 12825
  11. 1975
  12. 30
  13. 80
  14. 665
  15. 111
  16. 30
  17. 544
  18. 1265
  19. 5040
  20. 50
  21. 5
  22. 40
  23. 3420
  24. 450
  25. 20
  26. 10
  27. 1330
  28. 25
  29. 450
  30. 240
  31. 96
  32. 560
  33. 20
  34. 10
  35. 11830
  36. 672
  37. 140
  38. 30
  39. 90
  40. 11500

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