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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 667 · 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 ₹7400 at 2% per year for 1 year (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
  3. 3.What is the simple interest on ₹6700 at 4% per year for 1 year (in ₹)?
  4. 4.A fan costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1490. What is the loss (in ₹)?
  6. 6.What is the simple interest on ₹2600 at 3% per year for 4 years (in ₹)?
  7. 7.A shopkeeper buys a fan for ₹2750 and sells it for ₹2890. What is the profit (in ₹)?
  8. 8.What is 55% of 980?
  9. 9.A shopkeeper buys a fan for ₹1250 and sells it for ₹1460. What is the profit (in ₹)?
  10. 10.The price of a pair of shoes changed from ₹400 to ₹700. What is the percentage increase?
  11. 11.A mobile phone costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
  12. 12.What is 80% of 820?
  13. 13.A shopkeeper buys a watch for ₹750 and sells it for ₹760. What is the profit (in ₹)?
  14. 14.What is the simple interest on ₹7300 at 7% per year for 4 years (in ₹)?
  15. 15.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹120. What is the loss (in ₹)?
  16. 16.A table bought for ₹3200 is sold for ₹1600. What is the loss per cent?
  17. 17.What is 15% of 920?
  18. 18.The price of a water bottle changed from ₹200 to ₹240. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 5 years (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1370. What is the loss (in ₹)?
  21. 21.What is the simple interest on ₹2100 at 2% per year for 3 years (in ₹)?
  22. 22.What is the simple interest on ₹4400 at 12% per year for 3 years (in ₹)?
  23. 23.A sewing machine costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
  24. 24.A watch bought for ₹3300 is sold for ₹2904. What is the loss per cent?
  25. 25.A watch bought for ₹1100 is sold for ₹968. What is the loss per cent?
  26. 26.What is the simple interest on ₹2900 at 5% per year for 4 years (in ₹)?
  27. 27.A cooler bought for ₹2300 is sold for ₹2070. What is the loss per cent?
  28. 28.What is the simple interest on ₹5600 at 9% per year for 4 years (in ₹)?
  29. 29.The price of a pair of shoes changed from ₹20 to ₹4. What is the percentage decrease?
  30. 30.A shopkeeper buys a sewing machine for ₹1300 and sells it for ₹1310. What is the profit (in ₹)?
  31. 31.A cooler costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
  32. 32.What is 75% of 460?
  33. 33.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 1 year (in ₹)?
  34. 34.A cycle bought for ₹500 is sold for ₹560. What is the profit per cent?
  35. 35.What is the amount (principal + simple interest) on ₹6000 at 11% per year for 1 year (in ₹)?
  36. 36.What is the simple interest on ₹1600 at 7% per year for 5 years (in ₹)?
  37. 37.What is the simple interest on ₹3500 at 10% per year for 1 year (in ₹)?
  38. 38.A shopkeeper buys a fan for ₹650 and sells it for ₹870. What is the profit (in ₹)?
  39. 39.A watch costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
  40. 40.The price of a box of mangoes changed from ₹20 to ₹12. What is the percentage decrease?

Answer key

  1. 7548
  2. 90
  3. 268
  4. 3990
  5. 60
  6. 312
  7. 140
  8. 539
  9. 210
  10. 75
  11. 5600
  12. 656
  13. 10
  14. 2044
  15. 230
  16. 50
  17. 138
  18. 20
  19. 2030
  20. 130
  21. 126
  22. 1584
  23. 600
  24. 12
  25. 12
  26. 580
  27. 10
  28. 2016
  29. 80
  30. 10
  31. 760
  32. 345
  33. 3224
  34. 12
  35. 6660
  36. 560
  37. 350
  38. 220
  39. 3248
  40. 40

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