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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 510 · 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 ₹600 at 12% per year for 2 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹3700 at 11% per year for 1 year (in ₹)?
  3. 3.A cricket kit costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  4. 4.A table costs ₹2600. It is sold at a 20% loss. What is the selling price (in ₹)?
  5. 5.What is the simple interest on ₹1000 at 10% per year for 3 years (in ₹)?
  6. 6.What is the simple interest on ₹7800 at 6% per year for 1 year (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2820. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹6000 at 3% per year for 1 year (in ₹)?
  9. 9.What is the simple interest on ₹1000 at 7% per year for 1 year (in ₹)?
  10. 10.What is the simple interest on ₹4400 at 4% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2810. What is the profit (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹3900 at 12% per year for 4 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹9100 at 11% per year for 3 years (in ₹)?
  14. 14.A watch bought for ₹800 is sold for ₹1000. What is the profit per cent?
  15. 15.A watch costs ₹2900. It is sold at a 15% loss. What is the selling price (in ₹)?
  16. 16.What is 20% of 300?
  17. 17.A sewing machine bought for ₹400 is sold for ₹448. What is the profit per cent?
  18. 18.What is 35% of 220?
  19. 19.A cycle bought for ₹2300 is sold for ₹2990. What is the profit per cent?
  20. 20.What is the simple interest on ₹9500 at 4% per year for 1 year (in ₹)?
  21. 21.A table costs ₹3700. It is sold at a 50% profit. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹5500 at 12% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹2500 at 2% per year for 2 years (in ₹)?
  24. 24.A fan bought for ₹3100 is sold for ₹4030. What is the profit per cent?
  25. 25.What is 55% of 820?
  26. 26.A fan costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a cooler for ₹2750 and sells it for ₹3020. What is the profit (in ₹)?
  28. 28.What is 70% of 260?
  29. 29.A shopkeeper buys a mobile phone for ₹2400 and sells it for ₹2490. What is the profit (in ₹)?
  30. 30.A cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  31. 31.What is 35% of 960?
  32. 32.A table bought for ₹700 is sold for ₹980. What is the profit per cent?
  33. 33.A mobile phone bought for ₹2700 is sold for ₹3510. What is the profit per cent?
  34. 34.A watch bought for ₹1100 is sold for ₹1210. What is the profit per cent?
  35. 35.What is the simple interest on ₹3200 at 9% per year for 4 years (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹1250 and sells it for ₹1120. What is the loss (in ₹)?
  37. 37.A sewing machine costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
  38. 38.A cycle costs ₹700. It is sold at a 40% loss. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹3100 at 12% per year for 1 year (in ₹)?
  40. 40.A mobile phone bought for ₹800 is sold for ₹640. What is the loss per cent?

Answer key

  1. 144
  2. 4107
  3. 1265
  4. 2080
  5. 300
  6. 468
  7. 80
  8. 180
  9. 70
  10. 176
  11. 160
  12. 5772
  13. 12103
  14. 25
  15. 2465
  16. 60
  17. 12
  18. 77
  19. 30
  20. 380
  21. 5550
  22. 660
  23. 100
  24. 30
  25. 451
  26. 5250
  27. 270
  28. 182
  29. 90
  30. 25
  31. 336
  32. 40
  33. 30
  34. 10
  35. 1152
  36. 130
  37. 3145
  38. 420
  39. 3472
  40. 20

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