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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 467 · 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 ₹2300 at 5% per year for 4 years (in ₹)?
  2. 2.What is the simple interest on ₹1100 at 3% per year for 5 years (in ₹)?
  3. 3.A fan bought for ₹1400 is sold for ₹700. What is the loss per cent?
  4. 4.What is 40% of 640?
  5. 5.What is the simple interest on ₹6500 at 10% per year for 4 years (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹180. What is the loss (in ₹)?
  7. 7.The price of a pair of shoes changed from ₹40 to ₹30. What is the percentage decrease?
  8. 8.What is the simple interest on ₹6300 at 5% per year for 1 year (in ₹)?
  9. 9.What is 25% of 100?
  10. 10.A mobile phone costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
  11. 11.A cooler bought for ₹2500 is sold for ₹3750. What is the profit per cent?
  12. 12.What is the amount (principal + simple interest) on ₹1500 at 6% per year for 1 year (in ₹)?
  13. 13.A sewing machine bought for ₹3900 is sold for ₹5460. What is the profit per cent?
  14. 14.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 1 year (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹1900 at 11% per year for 3 years (in ₹)?
  16. 16.What is 90% of 160?
  17. 17.A shopkeeper buys a table for ₹500 and sells it for ₹470. What is the loss (in ₹)?
  18. 18.A cycle bought for ₹3700 is sold for ₹3145. What is the loss per cent?
  19. 19.A cycle costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  20. 20.What is 80% of 400?
  21. 21.A mobile phone bought for ₹1400 is sold for ₹1470. What is the profit per cent?
  22. 22.A cooler bought for ₹3000 is sold for ₹3750. What is the profit per cent?
  23. 23.A cricket kit bought for ₹1800 is sold for ₹2016. What is the profit per cent?
  24. 24.What is the simple interest on ₹3200 at 2% per year for 5 years (in ₹)?
  25. 25.A cricket kit bought for ₹4000 is sold for ₹5000. What is the profit per cent?
  26. 26.A table bought for ₹1000 is sold for ₹880. What is the loss per cent?
  27. 27.What is 85% of 380?
  28. 28.A mobile phone costs ₹3600. It is sold at a 25% profit. What is the selling price (in ₹)?
  29. 29.What is 15% of 1000?
  30. 30.A cycle costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
  31. 31.The price of a bus pass changed from ₹80 to ₹100. What is the percentage increase?
  32. 32.The price of a pair of shoes changed from ₹200 to ₹80. What is the percentage decrease?
  33. 33.A fan costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1340. What is the loss (in ₹)?
  35. 35.What is 10% of 120?
  36. 36.The price of a school bag changed from ₹500 to ₹450. What is the percentage decrease?
  37. 37.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹810. What is the profit (in ₹)?
  38. 38.What is 15% of 480?
  39. 39.What is the simple interest on ₹6900 at 5% per year for 2 years (in ₹)?
  40. 40.What is the simple interest on ₹5600 at 4% per year for 4 years (in ₹)?

Answer key

  1. 460
  2. 165
  3. 50
  4. 256
  5. 2600
  6. 170
  7. 25
  8. 315
  9. 25
  10. 2400
  11. 50
  12. 1590
  13. 40
  14. 11000
  15. 2527
  16. 144
  17. 30
  18. 15
  19. 2730
  20. 320
  21. 5
  22. 25
  23. 12
  24. 320
  25. 25
  26. 12
  27. 323
  28. 4500
  29. 150
  30. 560
  31. 25
  32. 60
  33. 3168
  34. 60
  35. 12
  36. 10
  37. 160
  38. 72
  39. 690
  40. 896

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