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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 61 · 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 ₹1400 at 9% per year for 3 years (in ₹)?
  2. 2.What is 15% of 620?
  3. 3.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1410. What is the loss (in ₹)?
  4. 4.The price of a bus pass changed from ₹20 to ₹12. What is the percentage decrease?
  5. 5.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 5 years (in ₹)?
  6. 6.A cooler costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  7. 7.A cycle bought for ₹1900 is sold for ₹2375. What is the profit per cent?
  8. 8.A sewing machine costs ₹2200. It is sold at a 20% profit. What is the selling price (in ₹)?
  9. 9.The price of a water bottle changed from ₹50 to ₹70. What is the percentage increase?
  10. 10.A shopkeeper buys a watch for ₹2750 and sells it for ₹2780. What is the profit (in ₹)?
  11. 11.The price of a bus pass changed from ₹200 to ₹198. What is the percentage decrease?
  12. 12.A watch bought for ₹4000 is sold for ₹6000. What is the profit per cent?
  13. 13.What is the amount (principal + simple interest) on ₹2500 at 6% per year for 1 year (in ₹)?
  14. 14.The price of a water bottle changed from ₹20 to ₹16. What is the percentage decrease?
  15. 15.What is the simple interest on ₹2800 at 12% per year for 2 years (in ₹)?
  16. 16.What is the simple interest on ₹7700 at 6% per year for 5 years (in ₹)?
  17. 17.A table bought for ₹3300 is sold for ₹2904. What is the loss per cent?
  18. 18.The price of a bus pass changed from ₹400 to ₹300. What is the percentage decrease?
  19. 19.What is 30% of 160?
  20. 20.A cricket kit bought for ₹1400 is sold for ₹2100. What is the profit per cent?
  21. 21.A shopkeeper buys a cooler for ₹1250 and sells it for ₹1440. What is the profit (in ₹)?
  22. 22.A sewing machine costs ₹3500. It is sold at a 25% profit. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹1000 at 8% per year for 2 years (in ₹)?
  24. 24.The price of a pair of shoes changed from ₹400 to ₹392. What is the percentage decrease?
  25. 25.What is the simple interest on ₹8400 at 9% per year for 3 years (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹830. What is the profit (in ₹)?
  27. 27.A cooler bought for ₹500 is sold for ₹425. What is the loss per cent?
  28. 28.A watch bought for ₹1100 is sold for ₹1650. What is the profit per cent?
  29. 29.The price of a water bottle changed from ₹250 to ₹350. What is the percentage increase?
  30. 30.What is the simple interest on ₹6900 at 6% per year for 5 years (in ₹)?
  31. 31.A table bought for ₹3800 is sold for ₹3420. What is the loss per cent?
  32. 32.The price of a water bottle changed from ₹400 to ₹640. What is the percentage increase?
  33. 33.A watch costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
  34. 34.A sewing machine bought for ₹900 is sold for ₹675. What is the loss per cent?
  35. 35.What is 15% of 600?
  36. 36.A table bought for ₹3800 is sold for ₹4180. What is the profit per cent?
  37. 37.A watch bought for ₹1400 is sold for ₹1680. What is the profit per cent?
  38. 38.A cooler costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
  39. 39.A sewing machine costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹7300 at 8% per year for 3 years (in ₹)?

Answer key

  1. 1778
  2. 93
  3. 240
  4. 40
  5. 8190
  6. 3600
  7. 25
  8. 2640
  9. 40
  10. 30
  11. 1
  12. 50
  13. 2650
  14. 20
  15. 672
  16. 2310
  17. 12
  18. 25
  19. 48
  20. 50
  21. 190
  22. 4375
  23. 160
  24. 2
  25. 2268
  26. 230
  27. 15
  28. 50
  29. 40
  30. 2070
  31. 10
  32. 60
  33. 3360
  34. 25
  35. 90
  36. 10
  37. 20
  38. 2352
  39. 3220
  40. 9052

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