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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 447 · 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 ₹500 at 5% per year for 1 year (in ₹)?
  2. 2.A sewing machine bought for ₹700 is sold for ₹980. What is the profit per cent?
  3. 3.What is 75% of 860?
  4. 4.The price of a box of mangoes changed from ₹500 to ₹350. What is the percentage decrease?
  5. 5.What is the simple interest on ₹7600 at 12% per year for 1 year (in ₹)?
  6. 6.What is 5% of 260?
  7. 7.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  8. 8.What is the simple interest on ₹9400 at 6% per year for 2 years (in ₹)?
  9. 9.The price of a bus pass changed from ₹100 to ₹20. What is the percentage decrease?
  10. 10.A fan costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹8300 at 11% per year for 3 years (in ₹)?
  12. 12.What is 75% of 460?
  13. 13.What is the simple interest on ₹8200 at 10% per year for 2 years (in ₹)?
  14. 14.A table costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹9500 at 7% per year for 2 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹7900 at 12% per year for 1 year (in ₹)?
  17. 17.A cooler bought for ₹3800 is sold for ₹3040. What is the loss per cent?
  18. 18.A table bought for ₹3400 is sold for ₹5100. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹5200 at 10% per year for 4 years (in ₹)?
  20. 20.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2350. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹310. What is the profit (in ₹)?
  22. 22.What is the simple interest on ₹9100 at 10% per year for 2 years (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹330. What is the loss (in ₹)?
  24. 24.A sewing machine costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
  25. 25.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  26. 26.The price of a water bottle changed from ₹200 to ₹300. What is the percentage increase?
  27. 27.What is 40% of 160?
  28. 28.A cooler costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹2700 at 4% per year for 5 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹2300 at 6% per year for 3 years (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1590. What is the profit (in ₹)?
  32. 32.A mobile phone bought for ₹1100 is sold for ₹1540. What is the profit per cent?
  33. 33.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹920. What is the profit (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹7000 at 9% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹3100 at 12% per year for 1 year (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5400 at 5% per year for 4 years (in ₹)?
  37. 37.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1420. What is the loss (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹7300 at 11% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a table for ₹2850 and sells it for ₹2990. What is the profit (in ₹)?
  40. 40.The price of a school bag changed from ₹80 to ₹40. What is the percentage decrease?

Answer key

  1. 525
  2. 40
  3. 645
  4. 30
  5. 912
  6. 13
  7. 60
  8. 1128
  9. 80
  10. 4620
  11. 2739
  12. 345
  13. 1640
  14. 1350
  15. 1330
  16. 8848
  17. 20
  18. 50
  19. 7280
  20. 300
  21. 110
  22. 1820
  23. 20
  24. 1500
  25. 60
  26. 50
  27. 64
  28. 1100
  29. 540
  30. 2714
  31. 140
  32. 40
  33. 220
  34. 7630
  35. 372
  36. 6480
  37. 230
  38. 10512
  39. 140
  40. 50

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