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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 878 · 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 ₹3700 at 2% per year for 4 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 4 years (in ₹)?
  3. 3.A mobile phone bought for ₹200 is sold for ₹100. What is the loss per cent?
  4. 4.What is 5% of 780?
  5. 5.A shopkeeper buys a cycle for ₹2450 and sells it for ₹2260. What is the loss (in ₹)?
  6. 6.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹360. What is the loss (in ₹)?
  7. 7.The price of a water bottle changed from ₹80 to ₹8. What is the percentage decrease?
  8. 8.A table costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
  9. 9.What is 95% of 200?
  10. 10.What is the simple interest on ₹900 at 11% per year for 2 years (in ₹)?
  11. 11.A mobile phone costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  12. 12.A cricket kit bought for ₹800 is sold for ₹400. What is the loss per cent?
  13. 13.What is the amount (principal + simple interest) on ₹6700 at 4% per year for 5 years (in ₹)?
  14. 14.The price of a pair of shoes changed from ₹20 to ₹38. What is the percentage increase?
  15. 15.A cooler costs ₹1600. It is sold at a 30% loss. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2710. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹9000 at 5% per year for 4 years (in ₹)?
  18. 18.A cycle bought for ₹1800 is sold for ₹1080. What is the loss per cent?
  19. 19.What is the simple interest on ₹7600 at 9% per year for 1 year (in ₹)?
  20. 20.What is the simple interest on ₹8200 at 3% per year for 5 years (in ₹)?
  21. 21.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹960. What is the loss (in ₹)?
  22. 22.What is 55% of 840?
  23. 23.What is the simple interest on ₹8200 at 4% per year for 3 years (in ₹)?
  24. 24.A sewing machine bought for ₹4000 is sold for ₹4400. What is the profit per cent?
  25. 25.What is the simple interest on ₹2300 at 4% per year for 2 years (in ₹)?
  26. 26.A cricket kit bought for ₹200 is sold for ₹210. What is the profit per cent?
  27. 27.The price of a box of mangoes changed from ₹400 to ₹380. What is the percentage decrease?
  28. 28.What is the amount (principal + simple interest) on ₹7000 at 12% per year for 5 years (in ₹)?
  29. 29.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1460. What is the profit (in ₹)?
  30. 30.A cooler costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹300 and sells it for ₹470. What is the profit (in ₹)?
  32. 32.A fan bought for ₹1500 is sold for ₹750. What is the loss per cent?
  33. 33.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹210. What is the profit (in ₹)?
  34. 34.The price of a pair of shoes changed from ₹80 to ₹20. What is the percentage decrease?
  35. 35.A cricket kit bought for ₹1900 is sold for ₹2850. What is the profit per cent?
  36. 36.A shopkeeper buys a watch for ₹900 and sells it for ₹950. What is the profit (in ₹)?
  37. 37.The price of a cricket ball changed from ₹100 to ₹99. What is the percentage decrease?
  38. 38.The price of a pair of shoes changed from ₹100 to ₹25. What is the percentage decrease?
  39. 39.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 3 years (in ₹)?
  40. 40.What is the simple interest on ₹1200 at 7% per year for 5 years (in ₹)?

Answer key

  1. 3996
  2. 4352
  3. 50
  4. 39
  5. 190
  6. 40
  7. 90
  8. 4200
  9. 190
  10. 198
  11. 630
  12. 50
  13. 8040
  14. 90
  15. 1120
  16. 110
  17. 1800
  18. 40
  19. 684
  20. 1230
  21. 140
  22. 462
  23. 984
  24. 10
  25. 184
  26. 5
  27. 5
  28. 11200
  29. 110
  30. 1000
  31. 170
  32. 50
  33. 10
  34. 75
  35. 50
  36. 50
  37. 1
  38. 75
  39. 1888
  40. 420

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