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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 463 · 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 ₹5400 at 5% per year for 3 years (in ₹)?
  2. 2.A sewing machine costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
  3. 3.The price of a bus pass changed from ₹50 to ₹51. What is the percentage increase?
  4. 4.What is 60% of 340?
  5. 5.What is 85% of 760?
  6. 6.What is 20% of 360?
  7. 7.What is the simple interest on ₹5500 at 7% per year for 3 years (in ₹)?
  8. 8.What is 95% of 200?
  9. 9.What is 20% of 680?
  10. 10.A cooler bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  11. 11.A shopkeeper buys a cycle for ₹200 and sells it for ₹210. What is the profit (in ₹)?
  12. 12.A cycle costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
  13. 13.What is 35% of 280?
  14. 14.A cycle costs ₹3100. It is sold at a 12% loss. What is the selling price (in ₹)?
  15. 15.The price of a bus pass changed from ₹200 to ₹20. What is the percentage decrease?
  16. 16.What is the amount (principal + simple interest) on ₹6600 at 12% per year for 3 years (in ₹)?
  17. 17.What is the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹3200 at 7% per year for 4 years (in ₹)?
  19. 19.A cricket kit costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
  20. 20.A cooler bought for ₹2300 is sold for ₹3450. What is the profit per cent?
  21. 21.What is 45% of 580?
  22. 22.A fan costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
  23. 23.What is 10% of 240?
  24. 24.A shopkeeper buys a fan for ₹2550 and sells it for ₹2580. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹5600 at 7% per year for 1 year (in ₹)?
  26. 26.A mobile phone costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹3400 at 7% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a watch for ₹1150 and sells it for ₹1320. What is the profit (in ₹)?
  29. 29.A cricket kit bought for ₹3700 is sold for ₹3885. What is the profit per cent?
  30. 30.The price of a school bag changed from ₹100 to ₹90. What is the percentage decrease?
  31. 31.A shopkeeper buys a fan for ₹1100 and sells it for ₹950. What is the loss (in ₹)?
  32. 32.The price of a bus pass changed from ₹500 to ₹600. What is the percentage increase?
  33. 33.A shopkeeper buys a table for ₹1900 and sells it for ₹2070. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹4100 at 9% per year for 3 years (in ₹)?
  35. 35.What is 75% of 960?
  36. 36.A cycle costs ₹2800. It is sold at a 20% loss. What is the selling price (in ₹)?
  37. 37.What is 60% of 400?
  38. 38.A mobile phone bought for ₹1100 is sold for ₹990. What is the loss per cent?
  39. 39.A cycle bought for ₹600 is sold for ₹660. What is the profit per cent?
  40. 40.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1860. What is the profit (in ₹)?

Answer key

  1. 810
  2. 450
  3. 2
  4. 204
  5. 646
  6. 72
  7. 1155
  8. 190
  9. 136
  10. 25
  11. 10
  12. 2600
  13. 98
  14. 2728
  15. 90
  16. 8976
  17. 2400
  18. 4096
  19. 3136
  20. 50
  21. 261
  22. 160
  23. 24
  24. 30
  25. 392
  26. 480
  27. 3638
  28. 170
  29. 5
  30. 10
  31. 150
  32. 20
  33. 170
  34. 1107
  35. 720
  36. 2240
  37. 240
  38. 10
  39. 10
  40. 160

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