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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 944 · 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 ₹9700 at 4% per year for 5 years (in ₹)?
  2. 2.A watch bought for ₹3800 is sold for ₹4940. What is the profit per cent?
  3. 3.The price of a cricket ball changed from ₹100 to ₹98. What is the percentage decrease?
  4. 4.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2490. What is the profit (in ₹)?
  5. 5.What is the simple interest on ₹8800 at 2% per year for 1 year (in ₹)?
  6. 6.The price of a cricket ball changed from ₹25 to ₹10. What is the percentage decrease?
  7. 7.A shopkeeper buys a table for ₹700 and sells it for ₹530. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹3800 at 8% per year for 5 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 3 years (in ₹)?
  10. 10.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
  11. 11.What is the amount (principal + simple interest) on ₹2400 at 4% per year for 3 years (in ₹)?
  12. 12.A watch bought for ₹1000 is sold for ₹800. What is the loss per cent?
  13. 13.The price of a box of mangoes changed from ₹20 to ₹21. What is the percentage increase?
  14. 14.What is the amount (principal + simple interest) on ₹3700 at 7% per year for 1 year (in ₹)?
  15. 15.What is 5% of 440?
  16. 16.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2580. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹7300 at 5% per year for 4 years (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹7200 at 3% per year for 3 years (in ₹)?
  19. 19.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
  20. 20.A shopkeeper buys a cooler for ₹1850 and sells it for ₹1910. What is the profit (in ₹)?
  21. 21.A watch bought for ₹1800 is sold for ₹1890. What is the profit per cent?
  22. 22.A table bought for ₹1800 is sold for ₹1350. What is the loss per cent?
  23. 23.What is 55% of 820?
  24. 24.A table costs ₹3900. It is sold at a 5% loss. What is the selling price (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2400 at 7% per year for 3 years (in ₹)?
  26. 26.What is 60% of 220?
  27. 27.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 2 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹700 at 11% per year for 2 years (in ₹)?
  29. 29.The price of a box of mangoes changed from ₹20 to ₹26. What is the percentage increase?
  30. 30.What is the amount (principal + simple interest) on ₹1200 at 6% per year for 5 years (in ₹)?
  31. 31.A shopkeeper buys a fan for ₹2850 and sells it for ₹2750. What is the loss (in ₹)?
  32. 32.What is 40% of 720?
  33. 33.What is the simple interest on ₹5300 at 2% per year for 4 years (in ₹)?
  34. 34.A fan bought for ₹1700 is sold for ₹1190. What is the loss per cent?
  35. 35.The price of a bus pass changed from ₹40 to ₹70. What is the percentage increase?
  36. 36.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
  37. 37.A shopkeeper buys a fan for ₹1950 and sells it for ₹1880. What is the loss (in ₹)?
  38. 38.The price of a school bag changed from ₹40 to ₹8. What is the percentage decrease?
  39. 39.A shopkeeper buys a table for ₹2550 and sells it for ₹2830. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹6500 at 9% per year for 1 year (in ₹)?

Answer key

  1. 1940
  2. 30
  3. 2
  4. 140
  5. 176
  6. 60
  7. 170
  8. 1520
  9. 3565
  10. 20
  11. 2688
  12. 20
  13. 5
  14. 3959
  15. 22
  16. 180
  17. 1460
  18. 7848
  19. 25
  20. 60
  21. 5
  22. 25
  23. 451
  24. 3705
  25. 2904
  26. 132
  27. 1824
  28. 854
  29. 30
  30. 1560
  31. 100
  32. 288
  33. 424
  34. 30
  35. 75
  36. 10
  37. 70
  38. 80
  39. 280
  40. 7085

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