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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 612 · 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 ₹6800 at 10% per year for 3 years (in ₹)?
  2. 2.The price of a water bottle changed from ₹40 to ₹38. What is the percentage decrease?
  3. 3.A sewing machine bought for ₹2000 is sold for ₹1600. What is the loss per cent?
  4. 4.A cycle bought for ₹3500 is sold for ₹2975. What is the loss per cent?
  5. 5.What is 5% of 620?
  6. 6.A sewing machine bought for ₹3000 is sold for ₹2640. What is the loss per cent?
  7. 7.A sewing machine bought for ₹1800 is sold for ₹1080. What is the loss per cent?
  8. 8.A cricket kit costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.A fan bought for ₹1600 is sold for ₹1200. What is the loss per cent?
  10. 10.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹1840. What is the loss (in ₹)?
  11. 11.What is 45% of 760?
  12. 12.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1160. What is the profit (in ₹)?
  13. 13.A sewing machine costs ₹2900. It is sold at a 40% profit. What is the selling price (in ₹)?
  14. 14.A cricket kit bought for ₹900 is sold for ₹792. What is the loss per cent?
  15. 15.What is 90% of 420?
  16. 16.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1150. What is the loss (in ₹)?
  17. 17.A sewing machine costs ₹3300. It is sold at a 15% profit. What is the selling price (in ₹)?
  18. 18.The price of a school bag changed from ₹80 to ₹64. What is the percentage decrease?
  19. 19.What is the simple interest on ₹8800 at 8% per year for 1 year (in ₹)?
  20. 20.A shopkeeper buys a fan for ₹1300 and sells it for ₹1030. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a table for ₹400 and sells it for ₹360. What is the loss (in ₹)?
  22. 22.What is the simple interest on ₹9800 at 8% per year for 5 years (in ₹)?
  23. 23.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹3000. What is the profit (in ₹)?
  24. 24.What is 5% of 60?
  25. 25.A cooler bought for ₹3900 is sold for ₹3510. What is the loss per cent?
  26. 26.What is 55% of 640?
  27. 27.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2060. What is the profit (in ₹)?
  28. 28.A cricket kit costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹3100 at 3% per year for 2 years (in ₹)?
  30. 30.What is 90% of 660?
  31. 31.What is the simple interest on ₹8800 at 12% per year for 4 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹600 at 8% per year for 2 years (in ₹)?
  33. 33.A mobile phone bought for ₹1300 is sold for ₹1365. What is the profit per cent?
  34. 34.A watch costs ₹2600. It is sold at a 15% profit. What is the selling price (in ₹)?
  35. 35.A watch bought for ₹1300 is sold for ₹1560. What is the profit per cent?
  36. 36.What is the simple interest on ₹1100 at 5% per year for 5 years (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹550 and sells it for ₹490. What is the loss (in ₹)?
  38. 38.A sewing machine bought for ₹2700 is sold for ₹2430. What is the loss per cent?
  39. 39.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹290. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 4 years (in ₹)?

Answer key

  1. 2040
  2. 5
  3. 20
  4. 15
  5. 31
  6. 12
  7. 40
  8. 1190
  9. 25
  10. 10
  11. 342
  12. 110
  13. 4060
  14. 12
  15. 378
  16. 50
  17. 3795
  18. 20
  19. 704
  20. 270
  21. 40
  22. 3920
  23. 200
  24. 3
  25. 10
  26. 352
  27. 10
  28. 420
  29. 3286
  30. 594
  31. 4224
  32. 696
  33. 5
  34. 2990
  35. 20
  36. 275
  37. 60
  38. 10
  39. 40
  40. 2992

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