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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 518 · 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 ₹6000 at 8% per year for 4 years (in ₹)?
  2. 2.A sewing machine costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹6500 at 4% per year for 5 years (in ₹)?
  4. 4.A sewing machine bought for ₹200 is sold for ₹160. What is the loss per cent?
  5. 5.A shopkeeper buys a cycle for ₹400 and sells it for ₹420. What is the profit (in ₹)?
  6. 6.A cooler bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  7. 7.A watch bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  8. 8.The price of a pair of shoes changed from ₹50 to ₹10. What is the percentage decrease?
  9. 9.What is the amount (principal + simple interest) on ₹4400 at 2% per year for 2 years (in ₹)?
  10. 10.The price of a cricket ball changed from ₹20 to ₹21. What is the percentage increase?
  11. 11.A sewing machine costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
  12. 12.What is 20% of 160?
  13. 13.What is the simple interest on ₹2200 at 5% per year for 3 years (in ₹)?
  14. 14.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
  15. 15.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
  16. 16.What is 30% of 900?
  17. 17.A shopkeeper buys a fan for ₹1550 and sells it for ₹1520. What is the loss (in ₹)?
  18. 18.The price of a bus pass changed from ₹50 to ₹20. What is the percentage decrease?
  19. 19.What is 55% of 640?
  20. 20.The price of a bus pass changed from ₹100 to ₹105. What is the percentage increase?
  21. 21.A cycle costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹5400 at 7% per year for 3 years (in ₹)?
  23. 23.What is the simple interest on ₹9200 at 3% per year for 5 years (in ₹)?
  24. 24.A sewing machine bought for ₹4000 is sold for ₹4600. What is the profit per cent?
  25. 25.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2180. What is the loss (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹1300 at 3% per year for 3 years (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹80 to ₹112. What is the percentage increase?
  28. 28.What is 5% of 240?
  29. 29.What is the simple interest on ₹2000 at 6% per year for 1 year (in ₹)?
  30. 30.What is 70% of 680?
  31. 31.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 4 years (in ₹)?
  32. 32.A watch costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
  33. 33.A cycle bought for ₹3500 is sold for ₹2625. What is the loss per cent?
  34. 34.A sewing machine costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  35. 35.A mobile phone bought for ₹3500 is sold for ₹4375. What is the profit per cent?
  36. 36.A fan bought for ₹600 is sold for ₹840. What is the profit per cent?
  37. 37.The price of a bus pass changed from ₹80 to ₹8. What is the percentage decrease?
  38. 38.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2220. What is the loss (in ₹)?
  39. 39.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  40. 40.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2480. What is the profit (in ₹)?

Answer key

  1. 7920
  2. 1700
  3. 1300
  4. 20
  5. 20
  6. 5
  7. 25
  8. 80
  9. 4576
  10. 5
  11. 700
  12. 32
  13. 330
  14. 30
  15. 60
  16. 270
  17. 30
  18. 60
  19. 352
  20. 5
  21. 300
  22. 6534
  23. 1380
  24. 15
  25. 270
  26. 1417
  27. 40
  28. 12
  29. 120
  30. 476
  31. 7200
  32. 570
  33. 25
  34. 1710
  35. 25
  36. 40
  37. 90
  38. 30
  39. 40
  40. 130

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