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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 424 · 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 5% of 60?
  2. 2.A mobile phone costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹6200 at 8% per year for 1 year (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹7800 at 8% per year for 2 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 5 years (in ₹)?
  6. 6.What is the simple interest on ₹6400 at 8% per year for 4 years (in ₹)?
  7. 7.A watch bought for ₹2800 is sold for ₹1960. What is the loss per cent?
  8. 8.A watch costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
  9. 9.A cooler bought for ₹4000 is sold for ₹4400. What is the profit per cent?
  10. 10.A shopkeeper buys a fan for ₹2000 and sells it for ₹2150. What is the profit (in ₹)?
  11. 11.A fan bought for ₹2100 is sold for ₹2625. What is the profit per cent?
  12. 12.A mobile phone bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  13. 13.What is 65% of 380?
  14. 14.What is the amount (principal + simple interest) on ₹4100 at 2% per year for 4 years (in ₹)?
  15. 15.What is 95% of 220?
  16. 16.What is 55% of 780?
  17. 17.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹760. What is the loss (in ₹)?
  18. 18.What is the simple interest on ₹2300 at 4% per year for 2 years (in ₹)?
  19. 19.A mobile phone costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹3600 at 6% per year for 3 years (in ₹)?
  21. 21.The price of a pair of shoes changed from ₹50 to ₹60. What is the percentage increase?
  22. 22.A cricket kit costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2820. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a watch for ₹1550 and sells it for ₹1590. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 1 year (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2190. What is the profit (in ₹)?
  27. 27.A mobile phone bought for ₹1200 is sold for ₹1500. What is the profit per cent?
  28. 28.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹220. What is the loss (in ₹)?
  29. 29.What is the simple interest on ₹8400 at 11% per year for 3 years (in ₹)?
  30. 30.A watch bought for ₹2900 is sold for ₹1740. What is the loss per cent?
  31. 31.A cricket kit costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1020. What is the loss (in ₹)?
  33. 33.A sewing machine costs ₹3400. It is sold at a 40% profit. What is the selling price (in ₹)?
  34. 34.What is 40% of 240?
  35. 35.What is the amount (principal + simple interest) on ₹8900 at 5% per year for 5 years (in ₹)?
  36. 36.What is the simple interest on ₹3100 at 2% per year for 3 years (in ₹)?
  37. 37.A sewing machine costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 2 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹3900 at 10% per year for 2 years (in ₹)?
  40. 40.What is the simple interest on ₹5800 at 9% per year for 3 years (in ₹)?

Answer key

  1. 3
  2. 750
  3. 496
  4. 9048
  5. 13920
  6. 2048
  7. 30
  8. 1440
  9. 10
  10. 150
  11. 25
  12. 12
  13. 247
  14. 4428
  15. 209
  16. 429
  17. 240
  18. 184
  19. 280
  20. 648
  21. 20
  22. 920
  23. 20
  24. 40
  25. 5885
  26. 90
  27. 25
  28. 80
  29. 2772
  30. 40
  31. 1520
  32. 30
  33. 4760
  34. 96
  35. 11125
  36. 186
  37. 550
  38. 9676
  39. 4680
  40. 1566

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