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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 882 · 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 ₹6000 at 4% per year for 5 years (in ₹)?
  2. 2.What is the simple interest on ₹6500 at 6% per year for 5 years (in ₹)?
  3. 3.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2500. What is the profit (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹4100 at 11% per year for 2 years (in ₹)?
  5. 5.A cycle bought for ₹300 is sold for ₹330. What is the profit per cent?
  6. 6.A cricket kit bought for ₹2200 is sold for ₹1936. What is the loss per cent?
  7. 7.A shopkeeper buys a sewing machine for ₹3000 and sells it for ₹2940. What is the loss (in ₹)?
  8. 8.A fan costs ₹2300. It is sold at a 40% profit. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹700 and sells it for ₹440. What is the loss (in ₹)?
  10. 10.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  11. 11.A sewing machine bought for ₹3800 is sold for ₹1900. What is the loss per cent?
  12. 12.A shopkeeper buys a cycle for ₹1850 and sells it for ₹2130. What is the profit (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹400 and sells it for ₹420. What is the profit (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹8400 at 5% per year for 4 years (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹1150 and sells it for ₹1270. What is the profit (in ₹)?
  16. 16.A watch costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
  17. 17.What is 75% of 820?
  18. 18.A sewing machine costs ₹1700. It is sold at a 5% loss. What is the selling price (in ₹)?
  19. 19.A watch bought for ₹3000 is sold for ₹3750. What is the profit per cent?
  20. 20.A cricket kit bought for ₹500 is sold for ₹575. What is the profit per cent?
  21. 21.What is 40% of 800?
  22. 22.What is the simple interest on ₹9900 at 2% per year for 1 year (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 3 years (in ₹)?
  24. 24.What is 30% of 460?
  25. 25.What is 45% of 220?
  26. 26.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 3 years (in ₹)?
  27. 27.The price of a bus pass changed from ₹40 to ₹32. What is the percentage decrease?
  28. 28.A fan bought for ₹1400 is sold for ₹1120. What is the loss per cent?
  29. 29.A table costs ₹2500. It is sold at a 20% profit. What is the selling price (in ₹)?
  30. 30.A fan costs ₹2100. It is sold at a 5% profit. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a table for ₹1250 and sells it for ₹1220. What is the loss (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2440. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹550 and sells it for ₹420. What is the loss (in ₹)?
  34. 34.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2580. What is the loss (in ₹)?
  35. 35.A watch costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
  36. 36.The price of a box of mangoes changed from ₹80 to ₹120. What is the percentage increase?
  37. 37.A shopkeeper buys a cooler for ₹650 and sells it for ₹450. What is the loss (in ₹)?
  38. 38.What is 65% of 80?
  39. 39.What is the simple interest on ₹3500 at 4% per year for 4 years (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2410. What is the profit (in ₹)?

Answer key

  1. 7200
  2. 1950
  3. 100
  4. 5002
  5. 10
  6. 12
  7. 60
  8. 3220
  9. 260
  10. 40
  11. 50
  12. 280
  13. 20
  14. 10080
  15. 120
  16. 1260
  17. 615
  18. 1615
  19. 25
  20. 15
  21. 320
  22. 198
  23. 4033
  24. 138
  25. 99
  26. 1635
  27. 20
  28. 20
  29. 3000
  30. 2205
  31. 30
  32. 190
  33. 130
  34. 170
  35. 1725
  36. 50
  37. 200
  38. 52
  39. 560
  40. 60

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