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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 860 · 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 75% of 300?
  2. 2.What is the simple interest on ₹7000 at 3% per year for 3 years (in ₹)?
  3. 3.The price of a bus pass changed from ₹200 to ₹198. What is the percentage decrease?
  4. 4.What is the simple interest on ₹9000 at 12% per year for 4 years (in ₹)?
  5. 5.What is 90% of 540?
  6. 6.What is the simple interest on ₹7900 at 5% per year for 2 years (in ₹)?
  7. 7.What is the simple interest on ₹4700 at 9% per year for 2 years (in ₹)?
  8. 8.A fan bought for ₹700 is sold for ₹560. What is the loss per cent?
  9. 9.What is the simple interest on ₹9900 at 4% per year for 5 years (in ₹)?
  10. 10.What is the simple interest on ₹5400 at 3% per year for 3 years (in ₹)?
  11. 11.A shopkeeper buys a cooler for ₹2000 and sells it for ₹2150. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a watch for ₹1250 and sells it for ₹1510. What is the profit (in ₹)?
  13. 13.The price of a bus pass changed from ₹100 to ₹105. What is the percentage increase?
  14. 14.A sewing machine costs ₹1600. It is sold at a 20% loss. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹9400 at 3% per year for 1 year (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹5600 at 4% per year for 4 years (in ₹)?
  17. 17.The price of a water bottle changed from ₹250 to ₹50. What is the percentage decrease?
  18. 18.A sewing machine bought for ₹2400 is sold for ₹1920. What is the loss per cent?
  19. 19.What is 80% of 240?
  20. 20.What is 55% of 800?
  21. 21.A fan costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹7300 at 7% per year for 5 years (in ₹)?
  23. 23.What is 70% of 480?
  24. 24.A shopkeeper buys a table for ₹900 and sells it for ₹640. What is the loss (in ₹)?
  25. 25.The price of a water bottle changed from ₹80 to ₹140. What is the percentage increase?
  26. 26.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
  27. 27.The price of a bus pass changed from ₹400 to ₹408. What is the percentage increase?
  28. 28.What is the amount (principal + simple interest) on ₹7300 at 12% per year for 2 years (in ₹)?
  29. 29.A cooler bought for ₹2100 is sold for ₹2625. What is the profit per cent?
  30. 30.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1000. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2630. What is the loss (in ₹)?
  32. 32.A table costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.What is 95% of 840?
  34. 34.What is 60% of 320?
  35. 35.A mobile phone bought for ₹1600 is sold for ₹1840. What is the profit per cent?
  36. 36.A shopkeeper buys a fan for ₹350 and sells it for ₹110. What is the loss (in ₹)?
  37. 37.The price of a box of mangoes changed from ₹50 to ₹49. What is the percentage decrease?
  38. 38.What is 10% of 780?
  39. 39.A fan bought for ₹2000 is sold for ₹2400. What is the profit per cent?
  40. 40.A watch costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 225
  2. 630
  3. 1
  4. 4320
  5. 486
  6. 790
  7. 846
  8. 20
  9. 1980
  10. 486
  11. 150
  12. 260
  13. 5
  14. 1280
  15. 282
  16. 6496
  17. 80
  18. 20
  19. 192
  20. 440
  21. 1680
  22. 9855
  23. 336
  24. 260
  25. 75
  26. 80
  27. 2
  28. 9052
  29. 25
  30. 200
  31. 70
  32. 450
  33. 798
  34. 192
  35. 15
  36. 240
  37. 2
  38. 78
  39. 20
  40. 440

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