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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 359 · 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 ₹7000 at 7% per year for 4 years (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
  3. 3.A cricket kit costs ₹3800. It is sold at a 10% loss. What is the selling price (in ₹)?
  4. 4.A cooler bought for ₹500 is sold for ₹525. What is the profit per cent?
  5. 5.What is 85% of 200?
  6. 6.A watch costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
  7. 7.What is the simple interest on ₹8300 at 6% per year for 3 years (in ₹)?
  8. 8.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹410. What is the loss (in ₹)?
  9. 9.A cooler costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.A cycle costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
  11. 11.A watch bought for ₹3200 is sold for ₹4480. What is the profit per cent?
  12. 12.What is 40% of 460?
  13. 13.What is the amount (principal + simple interest) on ₹8000 at 7% per year for 1 year (in ₹)?
  14. 14.What is the simple interest on ₹5400 at 9% per year for 1 year (in ₹)?
  15. 15.The price of a cricket ball changed from ₹40 to ₹8. What is the percentage decrease?
  16. 16.What is 65% of 220?
  17. 17.What is the amount (principal + simple interest) on ₹9100 at 9% per year for 4 years (in ₹)?
  18. 18.What is 95% of 360?
  19. 19.What is 55% of 440?
  20. 20.What is the simple interest on ₹6000 at 4% per year for 5 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹9600 at 5% per year for 2 years (in ₹)?
  22. 22.A shopkeeper buys a table for ₹2600 and sells it for ₹2300. What is the loss (in ₹)?
  23. 23.A sewing machine costs ₹700. It is sold at a 10% profit. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹7700 at 8% per year for 3 years (in ₹)?
  25. 25.A shopkeeper buys a fan for ₹400 and sells it for ₹370. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2650. What is the loss (in ₹)?
  27. 27.What is 85% of 540?
  28. 28.A cycle costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1650. What is the profit (in ₹)?
  30. 30.What is 95% of 900?
  31. 31.What is the simple interest on ₹2900 at 2% per year for 2 years (in ₹)?
  32. 32.What is 15% of 760?
  33. 33.What is 85% of 160?
  34. 34.What is 95% of 840?
  35. 35.What is the amount (principal + simple interest) on ₹1500 at 5% per year for 5 years (in ₹)?
  36. 36.What is 65% of 440?
  37. 37.A table costs ₹1900. It is sold at a 40% loss. What is the selling price (in ₹)?
  38. 38.What is the simple interest on ₹4700 at 5% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1080. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹530. What is the profit (in ₹)?

Answer key

  1. 8960
  2. 60
  3. 3420
  4. 5
  5. 170
  6. 2090
  7. 1494
  8. 190
  9. 750
  10. 2480
  11. 40
  12. 184
  13. 8560
  14. 486
  15. 80
  16. 143
  17. 12376
  18. 342
  19. 242
  20. 1200
  21. 10560
  22. 300
  23. 770
  24. 1848
  25. 30
  26. 50
  27. 459
  28. 1890
  29. 100
  30. 855
  31. 116
  32. 114
  33. 136
  34. 798
  35. 1875
  36. 286
  37. 1140
  38. 940
  39. 230
  40. 80

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