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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 415 · 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 ₹1700 at 7% per year for 2 years (in ₹)?
  2. 2.A watch bought for ₹400 is sold for ₹600. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 5 years (in ₹)?
  4. 4.A cycle bought for ₹1300 is sold for ₹1456. What is the profit per cent?
  5. 5.A fan costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1170. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹730. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹8400 at 12% per year for 4 years (in ₹)?
  9. 9.What is 40% of 540?
  10. 10.A sewing machine costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.The price of a box of mangoes changed from ₹400 to ₹480. What is the percentage increase?
  12. 12.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 4 years (in ₹)?
  13. 13.A fan costs ₹3100. It is sold at a 15% loss. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1230. What is the profit (in ₹)?
  15. 15.What is the simple interest on ₹9000 at 9% per year for 3 years (in ₹)?
  16. 16.A cycle costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
  17. 17.What is the simple interest on ₹3000 at 9% per year for 4 years (in ₹)?
  18. 18.What is 35% of 580?
  19. 19.What is 10% of 460?
  20. 20.What is the amount (principal + simple interest) on ₹8600 at 11% per year for 4 years (in ₹)?
  21. 21.What is the simple interest on ₹2000 at 12% per year for 5 years (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹820. What is the profit (in ₹)?
  23. 23.What is the simple interest on ₹5900 at 10% per year for 2 years (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹900 and sells it for ₹1090. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3300 at 5% per year for 3 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 4 years (in ₹)?
  27. 27.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
  28. 28.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2430. What is the loss (in ₹)?
  29. 29.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2010. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a fan for ₹2250 and sells it for ₹2460. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹4800 at 12% per year for 3 years (in ₹)?
  32. 32.A shopkeeper buys a table for ₹1400 and sells it for ₹1330. What is the loss (in ₹)?
  33. 33.A sewing machine costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
  34. 34.The price of a school bag changed from ₹50 to ₹45. What is the percentage decrease?
  35. 35.A shopkeeper buys a watch for ₹1400 and sells it for ₹1370. What is the loss (in ₹)?
  36. 36.The price of a water bottle changed from ₹40 to ₹28. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹1700 at 7% per year for 2 years (in ₹)?
  38. 38.A cycle bought for ₹2300 is sold for ₹1840. What is the loss per cent?
  39. 39.A table bought for ₹3900 is sold for ₹3705. What is the loss per cent?
  40. 40.What is 40% of 340?

Answer key

  1. 238
  2. 50
  3. 3450
  4. 12
  5. 990
  6. 70
  7. 80
  8. 12432
  9. 216
  10. 2160
  11. 20
  12. 8848
  13. 2635
  14. 130
  15. 2430
  16. 2090
  17. 1080
  18. 203
  19. 46
  20. 12384
  21. 1200
  22. 170
  23. 1180
  24. 190
  25. 3795
  26. 6944
  27. 25
  28. 270
  29. 140
  30. 210
  31. 6528
  32. 70
  33. 1144
  34. 10
  35. 30
  36. 30
  37. 1938
  38. 20
  39. 5
  40. 136

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