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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 973 · 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 ₹4400 at 2% per year for 1 year (in ₹)?
  2. 2.What is the simple interest on ₹7600 at 8% per year for 4 years (in ₹)?
  3. 3.A shopkeeper buys a fan for ₹2250 and sells it for ₹2550. What is the profit (in ₹)?
  4. 4.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2330. What is the loss (in ₹)?
  5. 5.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2890. What is the profit (in ₹)?
  6. 6.The price of a water bottle changed from ₹25 to ₹15. What is the percentage decrease?
  7. 7.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
  8. 8.What is the simple interest on ₹7700 at 4% per year for 2 years (in ₹)?
  9. 9.What is 10% of 220?
  10. 10.A shopkeeper buys a fan for ₹2150 and sells it for ₹2020. What is the loss (in ₹)?
  11. 11.What is 65% of 480?
  12. 12.What is 60% of 340?
  13. 13.A sewing machine bought for ₹3300 is sold for ₹4290. What is the profit per cent?
  14. 14.A cycle costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?
  15. 15.A fan costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
  16. 16.A watch bought for ₹1900 is sold for ₹2128. What is the profit per cent?
  17. 17.What is the amount (principal + simple interest) on ₹4600 at 8% per year for 4 years (in ₹)?
  18. 18.What is the simple interest on ₹5400 at 8% per year for 4 years (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹2850 and sells it for ₹3150. What is the profit (in ₹)?
  20. 20.A cricket kit bought for ₹200 is sold for ₹176. What is the loss per cent?
  21. 21.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
  22. 22.A shopkeeper buys a cycle for ₹1700 and sells it for ₹1940. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a fan for ₹450 and sells it for ₹210. What is the loss (in ₹)?
  24. 24.A shopkeeper buys a table for ₹2650 and sells it for ₹2780. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹8800 at 4% per year for 5 years (in ₹)?
  26. 26.What is the simple interest on ₹8000 at 5% per year for 1 year (in ₹)?
  27. 27.What is the simple interest on ₹3000 at 11% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a table for ₹2300 and sells it for ₹2390. What is the profit (in ₹)?
  29. 29.A shopkeeper buys a watch for ₹1550 and sells it for ₹1380. What is the loss (in ₹)?
  30. 30.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹700. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹6500 at 8% per year for 1 year (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹6500 at 7% per year for 4 years (in ₹)?
  33. 33.A cooler costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 2 years (in ₹)?
  35. 35.A sewing machine costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
  36. 36.A cycle bought for ₹3000 is sold for ₹3600. What is the profit per cent?
  37. 37.A cricket kit bought for ₹2000 is sold for ₹2600. What is the profit per cent?
  38. 38.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2600. What is the profit (in ₹)?
  39. 39.A sewing machine costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
  40. 40.A cricket kit bought for ₹1300 is sold for ₹1625. What is the profit per cent?

Answer key

  1. 4488
  2. 2432
  3. 300
  4. 120
  5. 140
  6. 40
  7. 35
  8. 616
  9. 22
  10. 130
  11. 312
  12. 204
  13. 30
  14. 1650
  15. 4800
  16. 12
  17. 6072
  18. 1728
  19. 300
  20. 12
  21. 75
  22. 240
  23. 240
  24. 130
  25. 1760
  26. 400
  27. 330
  28. 90
  29. 170
  30. 50
  31. 520
  32. 8320
  33. 2016
  34. 2850
  35. 4600
  36. 20
  37. 30
  38. 300
  39. 3190
  40. 25

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