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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 461 · 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 ₹6200 at 12% per year for 4 years (in ₹)?
  2. 2.A cooler bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  3. 3.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹500. What is the profit (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹300 and sells it for ₹440. What is the profit (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 2 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹3600 at 2% per year for 5 years (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2940. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹2400 at 10% per year for 2 years (in ₹)?
  9. 9.The price of a water bottle changed from ₹25 to ₹15. What is the percentage decrease?
  10. 10.What is the amount (principal + simple interest) on ₹700 at 10% per year for 1 year (in ₹)?
  11. 11.The price of a cricket ball changed from ₹400 to ₹760. What is the percentage increase?
  12. 12.A shopkeeper buys a table for ₹200 and sells it for ₹290. What is the profit (in ₹)?
  13. 13.A cooler bought for ₹300 is sold for ₹360. What is the profit per cent?
  14. 14.What is the simple interest on ₹4400 at 9% per year for 1 year (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 2 years (in ₹)?
  16. 16.What is 95% of 500?
  17. 17.A sewing machine costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
  18. 18.A cricket kit bought for ₹300 is sold for ₹420. What is the profit per cent?
  19. 19.A cooler costs ₹3200. It is sold at a 50% profit. What is the selling price (in ₹)?
  20. 20.A sewing machine costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
  21. 21.What is 45% of 940?
  22. 22.A cycle bought for ₹3100 is sold for ₹2325. What is the loss per cent?
  23. 23.What is 20% of 400?
  24. 24.What is the simple interest on ₹5800 at 2% per year for 5 years (in ₹)?
  25. 25.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
  26. 26.What is 80% of 240?
  27. 27.The price of a box of mangoes changed from ₹50 to ₹20. What is the percentage decrease?
  28. 28.What is 20% of 840?
  29. 29.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹800. What is the loss (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹500 at 11% per year for 4 years (in ₹)?
  31. 31.What is 55% of 140?
  32. 32.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2750. What is the profit (in ₹)?
  33. 33.A sewing machine costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹300 and sells it for ₹460. What is the profit (in ₹)?
  35. 35.A mobile phone costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹700 at 7% per year for 1 year (in ₹)?
  37. 37.What is 35% of 120?
  38. 38.What is 85% of 260?
  39. 39.What is 30% of 520?
  40. 40.What is 45% of 480?

Answer key

  1. 2976
  2. 5
  3. 150
  4. 140
  5. 7056
  6. 3960
  7. 10
  8. 480
  9. 40
  10. 770
  11. 90
  12. 90
  13. 20
  14. 396
  15. 9396
  16. 475
  17. 3125
  18. 40
  19. 4800
  20. 1900
  21. 423
  22. 25
  23. 80
  24. 580
  25. 30
  26. 192
  27. 60
  28. 168
  29. 250
  30. 720
  31. 77
  32. 200
  33. 2250
  34. 160
  35. 1260
  36. 49
  37. 42
  38. 221
  39. 156
  40. 216

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