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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 924 · 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 ₹7000 at 6% per year for 1 year (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹250 to ₹325. What is the percentage increase?
  3. 3.What is 10% of 920?
  4. 4.What is 30% of 180?
  5. 5.A watch bought for ₹500 is sold for ₹560. What is the profit per cent?
  6. 6.A shopkeeper buys a cooler for ₹350 and sells it for ₹650. What is the profit (in ₹)?
  7. 7.A watch bought for ₹500 is sold for ₹600. What is the profit per cent?
  8. 8.What is the simple interest on ₹5600 at 7% per year for 5 years (in ₹)?
  9. 9.What is 10% of 60?
  10. 10.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2330. What is the loss (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 5 years (in ₹)?
  12. 12.A shopkeeper buys a watch for ₹1100 and sells it for ₹1160. What is the profit (in ₹)?
  13. 13.What is 55% of 760?
  14. 14.A sewing machine costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
  15. 15.A cooler bought for ₹700 is sold for ₹560. What is the loss per cent?
  16. 16.What is the amount (principal + simple interest) on ₹9700 at 3% per year for 5 years (in ₹)?
  17. 17.A watch bought for ₹600 is sold for ₹450. What is the loss per cent?
  18. 18.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 1 year (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 4 years (in ₹)?
  20. 20.What is 80% of 140?
  21. 21.A watch costs ₹500. It is sold at a 15% profit. What is the selling price (in ₹)?
  22. 22.A sewing machine costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
  23. 23.A shopkeeper buys a watch for ₹2500 and sells it for ₹2280. What is the loss (in ₹)?
  24. 24.A sewing machine bought for ₹2100 is sold for ₹1890. What is the loss per cent?
  25. 25.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 2 years (in ₹)?
  26. 26.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
  27. 27.What is the simple interest on ₹1000 at 12% per year for 1 year (in ₹)?
  28. 28.The price of a bus pass changed from ₹20 to ₹25. What is the percentage increase?
  29. 29.What is the simple interest on ₹5600 at 5% per year for 2 years (in ₹)?
  30. 30.A cooler costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
  31. 31.What is the simple interest on ₹9500 at 7% per year for 1 year (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1300 at 8% per year for 3 years (in ₹)?
  33. 33.What is the simple interest on ₹8100 at 3% per year for 5 years (in ₹)?
  34. 34.What is the simple interest on ₹8200 at 11% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹7600 at 4% per year for 1 year (in ₹)?
  36. 36.What is the simple interest on ₹3700 at 11% per year for 2 years (in ₹)?
  37. 37.What is the simple interest on ₹4600 at 4% per year for 2 years (in ₹)?
  38. 38.A table bought for ₹3300 is sold for ₹2475. What is the loss per cent?
  39. 39.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 1 year (in ₹)?
  40. 40.What is the simple interest on ₹700 at 3% per year for 1 year (in ₹)?

Answer key

  1. 420
  2. 30
  3. 92
  4. 54
  5. 12
  6. 300
  7. 20
  8. 1960
  9. 6
  10. 20
  11. 1430
  12. 60
  13. 418
  14. 900
  15. 20
  16. 11155
  17. 25
  18. 3914
  19. 11520
  20. 112
  21. 575
  22. 3000
  23. 220
  24. 10
  25. 5830
  26. 25
  27. 120
  28. 25
  29. 560
  30. 920
  31. 665
  32. 1612
  33. 1215
  34. 902
  35. 304
  36. 814
  37. 368
  38. 25
  39. 11000
  40. 21

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