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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 551 · 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 ₹8400 at 7% per year for 5 years (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹3020. What is the profit (in ₹)?
  3. 3.A watch costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
  4. 4.The price of a cricket ball changed from ₹250 to ₹450. What is the percentage increase?
  5. 5.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 5 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 5 years (in ₹)?
  7. 7.The price of a water bottle changed from ₹20 to ₹25. What is the percentage increase?
  8. 8.What is 40% of 480?
  9. 9.What is the simple interest on ₹7000 at 2% per year for 4 years (in ₹)?
  10. 10.A cycle bought for ₹900 is sold for ₹1170. What is the profit per cent?
  11. 11.The price of a water bottle changed from ₹250 to ₹100. What is the percentage decrease?
  12. 12.A cycle costs ₹2600. It is sold at a 15% profit. What is the selling price (in ₹)?
  13. 13.A watch bought for ₹1700 is sold for ₹1020. What is the loss per cent?
  14. 14.The price of a cricket ball changed from ₹50 to ₹25. What is the percentage decrease?
  15. 15.A shopkeeper buys a fan for ₹1100 and sells it for ₹940. What is the loss (in ₹)?
  16. 16.What is 55% of 420?
  17. 17.A shopkeeper buys a fan for ₹2500 and sells it for ₹2640. What is the profit (in ₹)?
  18. 18.A cycle bought for ₹1500 is sold for ₹1950. What is the profit per cent?
  19. 19.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1210. What is the loss (in ₹)?
  20. 20.A cycle bought for ₹2700 is sold for ₹2295. What is the loss per cent?
  21. 21.What is the amount (principal + simple interest) on ₹7500 at 5% per year for 5 years (in ₹)?
  22. 22.The price of a water bottle changed from ₹80 to ₹20. What is the percentage decrease?
  23. 23.A cricket kit bought for ₹3600 is sold for ₹3240. What is the loss per cent?
  24. 24.A shopkeeper buys a cooler for ₹350 and sells it for ₹330. What is the loss (in ₹)?
  25. 25.What is 5% of 280?
  26. 26.What is 70% of 580?
  27. 27.The price of a bus pass changed from ₹500 to ₹800. What is the percentage increase?
  28. 28.A shopkeeper buys a table for ₹2300 and sells it for ₹2030. What is the loss (in ₹)?
  29. 29.What is 90% of 780?
  30. 30.A sewing machine costs ₹2100. It is sold at a 40% loss. What is the selling price (in ₹)?
  31. 31.The price of a bus pass changed from ₹100 to ₹20. What is the percentage decrease?
  32. 32.What is the simple interest on ₹3900 at 12% per year for 1 year (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 4 years (in ₹)?
  34. 34.A cooler costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
  35. 35.A mobile phone costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
  36. 36.A fan costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹2700 at 7% per year for 2 years (in ₹)?
  38. 38.What is 10% of 40?
  39. 39.A fan bought for ₹600 is sold for ₹300. What is the loss per cent?
  40. 40.What is 80% of 820?

Answer key

  1. 11340
  2. 220
  3. 570
  4. 80
  5. 7410
  6. 7150
  7. 25
  8. 192
  9. 560
  10. 30
  11. 60
  12. 2990
  13. 40
  14. 50
  15. 160
  16. 231
  17. 140
  18. 30
  19. 140
  20. 15
  21. 9375
  22. 75
  23. 10
  24. 20
  25. 14
  26. 406
  27. 60
  28. 270
  29. 702
  30. 1260
  31. 80
  32. 468
  33. 7656
  34. 600
  35. 1700
  36. 2730
  37. 378
  38. 4
  39. 50
  40. 656

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