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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 991 · 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 ₹4800 at 2% per year for 3 years (in ₹)?
  2. 2.The price of a water bottle changed from ₹100 to ₹90. What is the percentage decrease?
  3. 3.What is the amount (principal + simple interest) on ₹9500 at 8% per year for 3 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹8300 at 9% per year for 4 years (in ₹)?
  5. 5.A fan costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?
  6. 6.A sewing machine costs ₹2000. It is sold at a 20% loss. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹6500 at 10% per year for 4 years (in ₹)?
  8. 8.What is 80% of 980?
  9. 9.What is 90% of 960?
  10. 10.What is the simple interest on ₹7100 at 4% per year for 3 years (in ₹)?
  11. 11.The price of a bus pass changed from ₹20 to ₹8. What is the percentage decrease?
  12. 12.A shopkeeper buys a cycle for ₹500 and sells it for ₹740. What is the profit (in ₹)?
  13. 13.What is 60% of 540?
  14. 14.A sewing machine costs ₹2400. It is sold at a 15% loss. What is the selling price (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1490. What is the loss (in ₹)?
  16. 16.A fan bought for ₹1100 is sold for ₹1232. What is the profit per cent?
  17. 17.A sewing machine costs ₹2200. It is sold at a 50% loss. What is the selling price (in ₹)?
  18. 18.A cooler bought for ₹2600 is sold for ₹2860. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹1000 at 3% per year for 5 years (in ₹)?
  20. 20.What is 35% of 660?
  21. 21.A fan bought for ₹3400 is sold for ₹3060. What is the loss per cent?
  22. 22.What is 80% of 100?
  23. 23.The price of a water bottle changed from ₹80 to ₹88. What is the percentage increase?
  24. 24.A cooler costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹1600 at 4% per year for 3 years (in ₹)?
  26. 26.What is 95% of 300?
  27. 27.What is 60% of 760?
  28. 28.What is 70% of 800?
  29. 29.A fan costs ₹1800. It is sold at a 40% profit. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹3020. What is the profit (in ₹)?
  31. 31.What is 10% of 460?
  32. 32.A shopkeeper buys a cooler for ₹500 and sells it for ₹640. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1270. What is the profit (in ₹)?
  34. 34.The price of a school bag changed from ₹40 to ₹32. What is the percentage decrease?
  35. 35.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹440. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹950 and sells it for ₹650. What is the loss (in ₹)?
  37. 37.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1150. What is the loss (in ₹)?
  38. 38.A fan costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.What is 5% of 920?
  40. 40.What is 20% of 200?

Answer key

  1. 288
  2. 10
  3. 11780
  4. 11288
  5. 672
  6. 1600
  7. 9100
  8. 784
  9. 864
  10. 852
  11. 60
  12. 240
  13. 324
  14. 2040
  15. 110
  16. 12
  17. 1100
  18. 10
  19. 1150
  20. 231
  21. 10
  22. 80
  23. 10
  24. 3000
  25. 192
  26. 285
  27. 456
  28. 560
  29. 2520
  30. 70
  31. 46
  32. 140
  33. 20
  34. 20
  35. 260
  36. 300
  37. 150
  38. 330
  39. 46
  40. 40

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