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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 440 · 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 ₹8400 at 8% per year for 5 years (in ₹)?
  2. 2.A shopkeeper buys a table for ₹450 and sells it for ₹180. What is the loss (in ₹)?
  3. 3.The price of a school bag changed from ₹20 to ₹18. What is the percentage decrease?
  4. 4.A fan bought for ₹1900 is sold for ₹2090. What is the profit per cent?
  5. 5.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹720. What is the loss (in ₹)?
  6. 6.A sewing machine bought for ₹800 is sold for ₹480. What is the loss per cent?
  7. 7.What is the simple interest on ₹1100 at 11% per year for 2 years (in ₹)?
  8. 8.What is the simple interest on ₹9300 at 7% per year for 4 years (in ₹)?
  9. 9.The price of a water bottle changed from ₹500 to ₹50. What is the percentage decrease?
  10. 10.What is 5% of 300?
  11. 11.A sewing machine bought for ₹2600 is sold for ₹2990. What is the profit per cent?
  12. 12.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1400. What is the profit (in ₹)?
  13. 13.A watch bought for ₹1100 is sold for ₹1265. What is the profit per cent?
  14. 14.A table bought for ₹2000 is sold for ₹3000. What is the profit per cent?
  15. 15.A shopkeeper buys a table for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
  16. 16.A shopkeeper buys a table for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
  17. 17.A sewing machine costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
  18. 18.A table costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a table for ₹1150 and sells it for ₹1340. What is the profit (in ₹)?
  20. 20.A mobile phone bought for ₹1600 is sold for ₹1792. What is the profit per cent?
  21. 21.What is the simple interest on ₹5200 at 4% per year for 3 years (in ₹)?
  22. 22.A shopkeeper buys a table for ₹450 and sells it for ₹600. What is the profit (in ₹)?
  23. 23.A cricket kit costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
  24. 24.A cycle bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  25. 25.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
  26. 26.The price of a cricket ball changed from ₹500 to ₹350. What is the percentage decrease?
  27. 27.A mobile phone costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
  28. 28.A cricket kit costs ₹2300. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.The price of a school bag changed from ₹50 to ₹51. What is the percentage increase?
  30. 30.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
  31. 31.What is 75% of 780?
  32. 32.What is the simple interest on ₹600 at 2% per year for 5 years (in ₹)?
  33. 33.What is the simple interest on ₹7800 at 5% per year for 1 year (in ₹)?
  34. 34.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2230. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2100 at 7% per year for 2 years (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹800 and sells it for ₹790. What is the loss (in ₹)?
  37. 37.What is 10% of 400?
  38. 38.What is 70% of 220?
  39. 39.What is 40% of 540?
  40. 40.What is 20% of 840?

Answer key

  1. 3360
  2. 270
  3. 10
  4. 10
  5. 230
  6. 40
  7. 242
  8. 2604
  9. 90
  10. 15
  11. 15
  12. 200
  13. 15
  14. 50
  15. 200
  16. 210
  17. 1260
  18. 2125
  19. 190
  20. 12
  21. 624
  22. 150
  23. 2112
  24. 12
  25. 20
  26. 30
  27. 3250
  28. 2645
  29. 2
  30. 10
  31. 585
  32. 60
  33. 390
  34. 20
  35. 2394
  36. 10
  37. 40
  38. 154
  39. 216
  40. 168

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