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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 84 · 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 ₹4900 at 11% per year for 3 years (in ₹)?
  2. 2.A shopkeeper buys a table for ₹1200 and sells it for ₹1260. What is the profit (in ₹)?
  3. 3.A watch bought for ₹2100 is sold for ₹2310. What is the profit per cent?
  4. 4.What is the simple interest on ₹700 at 4% per year for 4 years (in ₹)?
  5. 5.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹800. What is the profit (in ₹)?
  6. 6.What is the simple interest on ₹2600 at 2% per year for 1 year (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹900 at 12% per year for 1 year (in ₹)?
  8. 8.What is the simple interest on ₹6700 at 7% per year for 3 years (in ₹)?
  9. 9.The price of a cricket ball changed from ₹80 to ₹76. What is the percentage decrease?
  10. 10.A cycle bought for ₹1200 is sold for ₹1020. What is the loss per cent?
  11. 11.The price of a school bag changed from ₹20 to ₹5. What is the percentage decrease?
  12. 12.What is the simple interest on ₹8300 at 3% per year for 5 years (in ₹)?
  13. 13.A cooler costs ₹2300. It is sold at a 10% profit. What is the selling price (in ₹)?
  14. 14.A shopkeeper buys a fan for ₹1250 and sells it for ₹950. What is the loss (in ₹)?
  15. 15.What is 60% of 620?
  16. 16.The price of a pair of shoes changed from ₹20 to ₹4. What is the percentage decrease?
  17. 17.A sewing machine costs ₹1800. It is sold at a 15% profit. What is the selling price (in ₹)?
  18. 18.A mobile phone costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
  19. 19.A watch bought for ₹2600 is sold for ₹1560. What is the loss per cent?
  20. 20.A cricket kit bought for ₹3300 is sold for ₹2475. What is the loss per cent?
  21. 21.What is the simple interest on ₹9200 at 4% per year for 2 years (in ₹)?
  22. 22.A table costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹5800 at 5% per year for 2 years (in ₹)?
  24. 24.A cricket kit costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹5600 at 11% per year for 4 years (in ₹)?
  26. 26.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
  27. 27.A fan bought for ₹200 is sold for ₹180. What is the loss per cent?
  28. 28.A cycle bought for ₹200 is sold for ₹224. What is the profit per cent?
  29. 29.What is 25% of 160?
  30. 30.What is the simple interest on ₹9000 at 5% per year for 4 years (in ₹)?
  31. 31.A mobile phone bought for ₹3400 is sold for ₹2720. What is the loss per cent?
  32. 32.A table costs ₹2800. It is sold at a 40% loss. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1640. What is the loss (in ₹)?
  34. 34.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹160. What is the loss (in ₹)?
  35. 35.A mobile phone costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.What is 90% of 800?
  37. 37.What is the simple interest on ₹3400 at 2% per year for 3 years (in ₹)?
  38. 38.What is 80% of 620?
  39. 39.A cooler costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹2300 at 8% per year for 3 years (in ₹)?

Answer key

  1. 1617
  2. 60
  3. 10
  4. 112
  5. 50
  6. 52
  7. 1008
  8. 1407
  9. 5
  10. 15
  11. 75
  12. 1245
  13. 2530
  14. 300
  15. 372
  16. 80
  17. 2070
  18. 700
  19. 40
  20. 25
  21. 736
  22. 3000
  23. 6380
  24. 2520
  25. 8064
  26. 60
  27. 10
  28. 12
  29. 40
  30. 1800
  31. 20
  32. 1680
  33. 10
  34. 40
  35. 2376
  36. 720
  37. 204
  38. 496
  39. 2352
  40. 2852

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