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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 790 · 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 ₹9400 at 2% per year for 1 year (in ₹)?
  2. 2.A cricket kit costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
  3. 3.A watch bought for ₹3200 is sold for ₹3840. What is the profit per cent?
  4. 4.A shopkeeper buys a table for ₹1850 and sells it for ₹1830. What is the loss (in ₹)?
  5. 5.A shopkeeper buys a watch for ₹1850 and sells it for ₹1930. What is the profit (in ₹)?
  6. 6.What is the simple interest on ₹2100 at 4% per year for 2 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹5900 at 10% per year for 4 years (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2000. What is the loss (in ₹)?
  9. 9.What is the simple interest on ₹9200 at 3% per year for 1 year (in ₹)?
  10. 10.A sewing machine costs ₹1900. It is sold at a 5% profit. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹2100 at 7% per year for 1 year (in ₹)?
  12. 12.The price of a bus pass changed from ₹80 to ₹84. What is the percentage increase?
  13. 13.A sewing machine costs ₹1500. It is sold at a 40% loss. What is the selling price (in ₹)?
  14. 14.The price of a box of mangoes changed from ₹50 to ₹95. What is the percentage increase?
  15. 15.A fan bought for ₹3300 is sold for ₹3696. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹4600 at 10% per year for 4 years (in ₹)?
  17. 17.A cycle costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹2500 at 12% per year for 3 years (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹900 and sells it for ₹780. What is the loss (in ₹)?
  20. 20.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
  21. 21.A fan bought for ₹1700 is sold for ₹2040. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹6000 at 3% per year for 2 years (in ₹)?
  23. 23.A watch bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  24. 24.A cricket kit bought for ₹3500 is sold for ₹2800. What is the loss per cent?
  25. 25.A watch costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
  26. 26.What is 95% of 240?
  27. 27.A table bought for ₹700 is sold for ₹490. What is the loss per cent?
  28. 28.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
  29. 29.What is the amount (principal + simple interest) on ₹2400 at 7% per year for 5 years (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹200 to ₹210. What is the percentage increase?
  31. 31.What is the simple interest on ₹3200 at 8% per year for 4 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹3200 at 6% per year for 5 years (in ₹)?
  33. 33.The price of a box of mangoes changed from ₹20 to ₹21. What is the percentage increase?
  34. 34.A sewing machine costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
  35. 35.A watch costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.The price of a bus pass changed from ₹400 to ₹760. What is the percentage increase?
  37. 37.The price of a bus pass changed from ₹80 to ₹152. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 3 years (in ₹)?
  39. 39.What is the simple interest on ₹1600 at 4% per year for 4 years (in ₹)?
  40. 40.A cooler costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?

Answer key

  1. 188
  2. 4485
  3. 20
  4. 20
  5. 80
  6. 168
  7. 8260
  8. 250
  9. 276
  10. 1995
  11. 147
  12. 5
  13. 900
  14. 90
  15. 12
  16. 6440
  17. 3770
  18. 3400
  19. 120
  20. 90
  21. 20
  22. 6360
  23. 25
  24. 20
  25. 3800
  26. 228
  27. 30
  28. 40
  29. 3240
  30. 5
  31. 1024
  32. 4160
  33. 5
  34. 1760
  35. 704
  36. 90
  37. 90
  38. 9545
  39. 256
  40. 5850

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