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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 526 · 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 ₹500 at 11% per year for 3 years (in ₹)?
  2. 2.What is 85% of 100?
  3. 3.A cooler costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹1000 and sells it for ₹830. What is the loss (in ₹)?
  5. 5.What is the simple interest on ₹4700 at 8% per year for 3 years (in ₹)?
  6. 6.What is the simple interest on ₹6600 at 7% per year for 1 year (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹600 at 3% per year for 2 years (in ₹)?
  8. 8.What is the simple interest on ₹9100 at 9% per year for 2 years (in ₹)?
  9. 9.A watch costs ₹2300. It is sold at a 5% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2850. What is the profit (in ₹)?
  11. 11.The price of a school bag changed from ₹80 to ₹88. What is the percentage increase?
  12. 12.A watch bought for ₹3800 is sold for ₹3344. What is the loss per cent?
  13. 13.The price of a box of mangoes changed from ₹40 to ₹76. What is the percentage increase?
  14. 14.What is 25% of 660?
  15. 15.A fan costs ₹2300. It is sold at a 10% profit. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹1030. What is the profit (in ₹)?
  17. 17.A cricket kit costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.A cooler bought for ₹800 is sold for ₹720. What is the loss per cent?
  19. 19.What is 60% of 60?
  20. 20.What is the simple interest on ₹1300 at 5% per year for 4 years (in ₹)?
  21. 21.A shopkeeper buys a watch for ₹1900 and sells it for ₹1670. What is the loss (in ₹)?
  22. 22.What is 25% of 640?
  23. 23.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 1 year (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹9200 at 2% per year for 1 year (in ₹)?
  25. 25.What is the simple interest on ₹9700 at 10% per year for 3 years (in ₹)?
  26. 26.A cooler costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
  27. 27.What is 5% of 260?
  28. 28.A mobile phone costs ₹3200. It is sold at a 15% loss. What is the selling price (in ₹)?
  29. 29.A table bought for ₹2100 is sold for ₹1785. What is the loss per cent?
  30. 30.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
  31. 31.A watch bought for ₹2500 is sold for ₹2375. What is the loss per cent?
  32. 32.A shopkeeper buys a table for ₹500 and sells it for ₹560. What is the profit (in ₹)?
  33. 33.A cycle bought for ₹1400 is sold for ₹700. What is the loss per cent?
  34. 34.What is 70% of 140?
  35. 35.A cycle bought for ₹900 is sold for ₹990. What is the profit per cent?
  36. 36.What is 95% of 280?
  37. 37.A sewing machine bought for ₹3100 is sold for ₹2945. What is the loss per cent?
  38. 38.A shopkeeper buys a watch for ₹2550 and sells it for ₹2650. What is the profit (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 5 years (in ₹)?
  40. 40.The price of a school bag changed from ₹250 to ₹375. What is the percentage increase?

Answer key

  1. 165
  2. 85
  3. 900
  4. 170
  5. 1128
  6. 462
  7. 636
  8. 1638
  9. 2415
  10. 300
  11. 10
  12. 12
  13. 90
  14. 165
  15. 2530
  16. 130
  17. 3120
  18. 10
  19. 36
  20. 260
  21. 230
  22. 160
  23. 6695
  24. 9384
  25. 2910
  26. 690
  27. 13
  28. 2720
  29. 15
  30. 35
  31. 5
  32. 60
  33. 50
  34. 98
  35. 10
  36. 266
  37. 5
  38. 100
  39. 3750
  40. 50

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