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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 935 · 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 ₹5400 at 3% per year for 3 years (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹3400 at 2% per year for 1 year (in ₹)?
  3. 3.A mobile phone costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
  4. 4.The price of a cricket ball changed from ₹20 to ₹28. What is the percentage increase?
  5. 5.A table costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹2700 at 6% per year for 4 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹6400 at 8% per year for 5 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹500 at 12% per year for 1 year (in ₹)?
  9. 9.What is the simple interest on ₹6800 at 7% per year for 2 years (in ₹)?
  10. 10.What is 15% of 780?
  11. 11.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹1910. What is the profit (in ₹)?
  12. 12.The price of a bus pass changed from ₹500 to ₹300. What is the percentage decrease?
  13. 13.A table bought for ₹1700 is sold for ₹1190. What is the loss per cent?
  14. 14.What is the amount (principal + simple interest) on ₹3000 at 11% per year for 1 year (in ₹)?
  15. 15.What is 65% of 260?
  16. 16.A fan costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹7300 at 2% per year for 5 years (in ₹)?
  18. 18.What is 25% of 360?
  19. 19.A mobile phone costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1570. What is the loss (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 1 year (in ₹)?
  22. 22.What is the simple interest on ₹4900 at 12% per year for 5 years (in ₹)?
  23. 23.A table costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
  24. 24.What is 60% of 160?
  25. 25.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹970. What is the loss (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹9800 at 2% per year for 4 years (in ₹)?
  27. 27.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2290. What is the loss (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 2 years (in ₹)?
  29. 29.A shopkeeper buys a cooler for ₹350 and sells it for ₹340. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹320. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹750 and sells it for ₹970. What is the profit (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 2 years (in ₹)?
  33. 33.What is 75% of 60?
  34. 34.The price of a bus pass changed from ₹80 to ₹56. What is the percentage decrease?
  35. 35.A cycle costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹300 and sells it for ₹120. What is the loss (in ₹)?
  37. 37.What is the simple interest on ₹5800 at 8% per year for 4 years (in ₹)?
  38. 38.A cooler bought for ₹2200 is sold for ₹1936. What is the loss per cent?
  39. 39.What is the simple interest on ₹4900 at 12% per year for 4 years (in ₹)?
  40. 40.A cooler costs ₹2000. It is sold at a 15% profit. What is the selling price (in ₹)?

Answer key

  1. 486
  2. 3468
  3. 1540
  4. 40
  5. 2475
  6. 648
  7. 8960
  8. 560
  9. 952
  10. 117
  11. 60
  12. 40
  13. 30
  14. 3330
  15. 169
  16. 1200
  17. 8030
  18. 90
  19. 1650
  20. 30
  21. 2288
  22. 2940
  23. 792
  24. 96
  25. 130
  26. 10584
  27. 160
  28. 1534
  29. 10
  30. 230
  31. 220
  32. 1276
  33. 45
  34. 30
  35. 2340
  36. 180
  37. 1856
  38. 12
  39. 2352
  40. 2300

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