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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 791 · 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 ₹2300 at 3% per year for 4 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹8900 at 3% per year for 1 year (in ₹)?
  3. 3.What is the simple interest on ₹1300 at 5% per year for 4 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 3 years (in ₹)?
  5. 5.The price of a box of mangoes changed from ₹100 to ₹50. What is the percentage decrease?
  6. 6.The price of a school bag changed from ₹100 to ₹150. What is the percentage increase?
  7. 7.A shopkeeper buys a fan for ₹1600 and sells it for ₹1800. What is the profit (in ₹)?
  8. 8.A sewing machine bought for ₹800 is sold for ₹1000. What is the profit per cent?
  9. 9.A mobile phone bought for ₹2500 is sold for ₹2625. What is the profit per cent?
  10. 10.A cooler bought for ₹1300 is sold for ₹1820. What is the profit per cent?
  11. 11.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
  12. 12.A mobile phone bought for ₹2900 is sold for ₹3480. What is the profit per cent?
  13. 13.What is the amount (principal + simple interest) on ₹6300 at 11% per year for 2 years (in ₹)?
  14. 14.A shopkeeper buys a cooler for ₹2850 and sells it for ₹3150. What is the profit (in ₹)?
  15. 15.What is the simple interest on ₹3000 at 6% per year for 2 years (in ₹)?
  16. 16.A table bought for ₹1900 is sold for ₹2090. What is the profit per cent?
  17. 17.A shopkeeper buys a fan for ₹1850 and sells it for ₹1970. What is the profit (in ₹)?
  18. 18.What is the simple interest on ₹5000 at 9% per year for 5 years (in ₹)?
  19. 19.The price of a bus pass changed from ₹80 to ₹96. What is the percentage increase?
  20. 20.A fan bought for ₹1100 is sold for ₹1540. What is the profit per cent?
  21. 21.A shopkeeper buys a cycle for ₹850 and sells it for ₹940. What is the profit (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2450. What is the loss (in ₹)?
  23. 23.A mobile phone bought for ₹3000 is sold for ₹1800. What is the loss per cent?
  24. 24.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 1 year (in ₹)?
  25. 25.What is the simple interest on ₹3300 at 6% per year for 4 years (in ₹)?
  26. 26.What is the simple interest on ₹6400 at 6% per year for 4 years (in ₹)?
  27. 27.A cycle costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
  28. 28.A fan costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  29. 29.The price of a pair of shoes changed from ₹50 to ₹45. What is the percentage decrease?
  30. 30.A mobile phone bought for ₹3500 is sold for ₹2625. What is the loss per cent?
  31. 31.What is 15% of 500?
  32. 32.What is the simple interest on ₹2400 at 2% per year for 5 years (in ₹)?
  33. 33.What is 90% of 640?
  34. 34.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1870. What is the loss (in ₹)?
  35. 35.What is the simple interest on ₹3200 at 5% per year for 3 years (in ₹)?
  36. 36.A cricket kit bought for ₹4000 is sold for ₹4600. What is the profit per cent?
  37. 37.A shopkeeper buys a fan for ₹1950 and sells it for ₹2000. What is the profit (in ₹)?
  38. 38.A mobile phone costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
  39. 39.What is 60% of 300?
  40. 40.What is the simple interest on ₹7800 at 2% per year for 1 year (in ₹)?

Answer key

  1. 276
  2. 9167
  3. 260
  4. 1635
  5. 50
  6. 50
  7. 200
  8. 25
  9. 5
  10. 40
  11. 20
  12. 20
  13. 7686
  14. 300
  15. 360
  16. 10
  17. 120
  18. 2250
  19. 20
  20. 40
  21. 90
  22. 300
  23. 40
  24. 1456
  25. 792
  26. 1536
  27. 2280
  28. 1568
  29. 10
  30. 25
  31. 75
  32. 240
  33. 576
  34. 130
  35. 480
  36. 15
  37. 50
  38. 3135
  39. 180
  40. 156

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