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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 465 · 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 ₹9700 at 8% per year for 2 years (in ₹)?
  2. 2.What is the simple interest on ₹2700 at 6% per year for 4 years (in ₹)?
  3. 3.A cycle bought for ₹2100 is sold for ₹1680. What is the loss per cent?
  4. 4.What is 80% of 300?
  5. 5.The price of a cricket ball changed from ₹400 to ₹520. What is the percentage increase?
  6. 6.What is 85% of 300?
  7. 7.A mobile phone bought for ₹4000 is sold for ₹5000. What is the profit per cent?
  8. 8.What is 35% of 240?
  9. 9.What is the simple interest on ₹4500 at 10% per year for 1 year (in ₹)?
  10. 10.A table bought for ₹300 is sold for ₹285. What is the loss per cent?
  11. 11.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2030. What is the profit (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹9900 at 12% per year for 4 years (in ₹)?
  13. 13.The price of a cricket ball changed from ₹20 to ₹5. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹9400 at 12% per year for 4 years (in ₹)?
  15. 15.A sewing machine costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹270. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹10000 at 11% per year for 5 years (in ₹)?
  18. 18.What is the simple interest on ₹8600 at 12% per year for 2 years (in ₹)?
  19. 19.A sewing machine bought for ₹500 is sold for ₹450. What is the loss per cent?
  20. 20.The price of a pair of shoes changed from ₹80 to ₹48. What is the percentage decrease?
  21. 21.What is 95% of 980?
  22. 22.A shopkeeper buys a cooler for ₹900 and sells it for ₹730. What is the loss (in ₹)?
  23. 23.The price of a water bottle changed from ₹20 to ₹5. What is the percentage decrease?
  24. 24.What is 20% of 420?
  25. 25.A sewing machine bought for ₹1400 is sold for ₹1750. What is the profit per cent?
  26. 26.A shopkeeper buys a table for ₹200 and sells it for ₹330. What is the profit (in ₹)?
  27. 27.A fan bought for ₹1100 is sold for ₹1320. What is the profit per cent?
  28. 28.What is 20% of 320?
  29. 29.What is the simple interest on ₹5600 at 4% per year for 1 year (in ₹)?
  30. 30.A shopkeeper buys a cooler for ₹1000 and sells it for ₹1020. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 3 years (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2330. What is the profit (in ₹)?
  33. 33.A table costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹1930. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹1700 at 11% per year for 4 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹9000 at 8% per year for 4 years (in ₹)?
  37. 37.The price of a cricket ball changed from ₹500 to ₹475. What is the percentage decrease?
  38. 38.A cricket kit costs ₹2900. It is sold at a 5% profit. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1740. What is the profit (in ₹)?
  40. 40.A cycle bought for ₹1800 is sold for ₹2070. What is the profit per cent?

Answer key

  1. 1552
  2. 648
  3. 20
  4. 240
  5. 30
  6. 255
  7. 25
  8. 84
  9. 450
  10. 5
  11. 80
  12. 14652
  13. 75
  14. 13912
  15. 490
  16. 280
  17. 15500
  18. 2064
  19. 10
  20. 40
  21. 931
  22. 170
  23. 75
  24. 84
  25. 25
  26. 130
  27. 20
  28. 64
  29. 224
  30. 20
  31. 8938
  32. 230
  33. 2185
  34. 270
  35. 2448
  36. 11880
  37. 5
  38. 3045
  39. 140
  40. 15

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