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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 453 · 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 ₹1400 at 10% per year for 5 years (in ₹)?
  2. 2.What is 20% of 240?
  3. 3.The price of a school bag changed from ₹100 to ₹80. What is the percentage decrease?
  4. 4.What is the simple interest on ₹1600 at 6% per year for 2 years (in ₹)?
  5. 5.A cycle bought for ₹1300 is sold for ₹1144. What is the loss per cent?
  6. 6.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1520. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹3300 at 3% per year for 2 years (in ₹)?
  8. 8.A shopkeeper buys a table for ₹2150 and sells it for ₹2230. What is the profit (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹3100 at 10% per year for 2 years (in ₹)?
  10. 10.A table bought for ₹2700 is sold for ₹2025. What is the loss per cent?
  11. 11.What is the amount (principal + simple interest) on ₹6900 at 3% per year for 2 years (in ₹)?
  12. 12.What is 90% of 220?
  13. 13.What is the simple interest on ₹3300 at 10% per year for 1 year (in ₹)?
  14. 14.What is 20% of 280?
  15. 15.A shopkeeper buys a cycle for ₹1850 and sells it for ₹2150. What is the profit (in ₹)?
  16. 16.The price of a water bottle changed from ₹500 to ₹750. What is the percentage increase?
  17. 17.What is the amount (principal + simple interest) on ₹2400 at 9% per year for 2 years (in ₹)?
  18. 18.The price of a box of mangoes changed from ₹80 to ₹56. What is the percentage decrease?
  19. 19.What is the simple interest on ₹5500 at 12% per year for 5 years (in ₹)?
  20. 20.A shopkeeper buys a fan for ₹2100 and sells it for ₹2370. What is the profit (in ₹)?
  21. 21.The price of a water bottle changed from ₹20 to ₹38. What is the percentage increase?
  22. 22.The price of a bus pass changed from ₹250 to ₹450. What is the percentage increase?
  23. 23.A shopkeeper buys a fan for ₹900 and sells it for ₹1170. What is the profit (in ₹)?
  24. 24.A fan bought for ₹800 is sold for ₹920. What is the profit per cent?
  25. 25.What is the simple interest on ₹1300 at 11% per year for 1 year (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹360. What is the loss (in ₹)?
  27. 27.A shopkeeper buys a watch for ₹2550 and sells it for ₹2620. What is the profit (in ₹)?
  28. 28.What is the simple interest on ₹3500 at 5% per year for 2 years (in ₹)?
  29. 29.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1880. What is the profit (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2060. What is the loss (in ₹)?
  31. 31.A table costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  32. 32.What is 45% of 80?
  33. 33.What is the amount (principal + simple interest) on ₹4600 at 7% per year for 2 years (in ₹)?
  34. 34.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹220. What is the loss (in ₹)?
  35. 35.What is 65% of 720?
  36. 36.What is the amount (principal + simple interest) on ₹9800 at 6% per year for 2 years (in ₹)?
  37. 37.A shopkeeper buys a cycle for ₹550 and sells it for ₹340. What is the loss (in ₹)?
  38. 38.The price of a water bottle changed from ₹500 to ₹650. What is the percentage increase?
  39. 39.What is 60% of 40?
  40. 40.The price of a cricket ball changed from ₹50 to ₹70. What is the percentage increase?

Answer key

  1. 700
  2. 48
  3. 20
  4. 192
  5. 12
  6. 20
  7. 198
  8. 80
  9. 3720
  10. 25
  11. 7314
  12. 198
  13. 330
  14. 56
  15. 300
  16. 50
  17. 2832
  18. 30
  19. 3300
  20. 270
  21. 90
  22. 80
  23. 270
  24. 15
  25. 143
  26. 140
  27. 70
  28. 350
  29. 280
  30. 140
  31. 150
  32. 36
  33. 5244
  34. 280
  35. 468
  36. 10976
  37. 210
  38. 30
  39. 24
  40. 40

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