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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 492 · 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 amount (principal + simple interest) on ₹8200 at 3% per year for 5 years (in ₹)?
  2. 2.What is 45% of 320?
  3. 3.A watch bought for ₹2700 is sold for ₹3375. What is the profit per cent?
  4. 4.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹3150. What is the profit (in ₹)?
  5. 5.A sewing machine costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹2500 and sells it for ₹2720. What is the profit (in ₹)?
  7. 7.What is 5% of 100?
  8. 8.A shopkeeper buys a fan for ₹1600 and sells it for ₹1310. What is the loss (in ₹)?
  9. 9.A mobile phone costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  10. 10.What is 85% of 240?
  11. 11.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 5 years (in ₹)?
  12. 12.What is 5% of 180?
  13. 13.What is the simple interest on ₹6000 at 10% per year for 1 year (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 2 years (in ₹)?
  15. 15.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
  16. 16.The price of a bus pass changed from ₹100 to ₹101. What is the percentage increase?
  17. 17.What is 40% of 420?
  18. 18.A table bought for ₹4000 is sold for ₹3400. What is the loss per cent?
  19. 19.The price of a box of mangoes changed from ₹500 to ₹375. What is the percentage decrease?
  20. 20.The price of a bus pass changed from ₹20 to ₹8. What is the percentage decrease?
  21. 21.What is 30% of 380?
  22. 22.The price of a pair of shoes changed from ₹80 to ₹128. What is the percentage increase?
  23. 23.A shopkeeper buys a table for ₹1600 and sells it for ₹1530. What is the loss (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹500 at 5% per year for 4 years (in ₹)?
  25. 25.What is the simple interest on ₹8500 at 12% per year for 1 year (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹3500 at 6% per year for 3 years (in ₹)?
  27. 27.What is the simple interest on ₹900 at 6% per year for 1 year (in ₹)?
  28. 28.A cooler costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
  29. 29.A fan bought for ₹2700 is sold for ₹1350. What is the loss per cent?
  30. 30.A watch costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
  31. 31.A cricket kit bought for ₹3800 is sold for ₹4750. What is the profit per cent?
  32. 32.A cricket kit bought for ₹3700 is sold for ₹2960. What is the loss per cent?
  33. 33.A shopkeeper buys a watch for ₹1250 and sells it for ₹960. What is the loss (in ₹)?
  34. 34.A table costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
  35. 35.What is 10% of 400?
  36. 36.What is 5% of 380?
  37. 37.A cycle bought for ₹1700 is sold for ₹2380. What is the profit per cent?
  38. 38.A table bought for ₹2200 is sold for ₹1650. What is the loss per cent?
  39. 39.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 4 years (in ₹)?
  40. 40.A shopkeeper buys a table for ₹3000 and sells it for ₹3040. What is the profit (in ₹)?

Answer key

  1. 9430
  2. 144
  3. 25
  4. 300
  5. 3145
  6. 220
  7. 5
  8. 290
  9. 2520
  10. 204
  11. 7810
  12. 9
  13. 600
  14. 7440
  15. 60
  16. 1
  17. 168
  18. 15
  19. 25
  20. 60
  21. 114
  22. 60
  23. 70
  24. 600
  25. 1020
  26. 4130
  27. 54
  28. 2816
  29. 50
  30. 2816
  31. 25
  32. 20
  33. 290
  34. 550
  35. 40
  36. 19
  37. 40
  38. 25
  39. 3200
  40. 40

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