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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 147 · 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 ₹9700 at 4% per year for 2 years (in ₹)?
  2. 2.A shopkeeper buys a cycle for ₹500 and sells it for ₹470. What is the loss (in ₹)?
  3. 3.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2270. What is the profit (in ₹)?
  4. 4.The price of a water bottle changed from ₹80 to ₹56. What is the percentage decrease?
  5. 5.A shopkeeper buys a table for ₹850 and sells it for ₹820. What is the loss (in ₹)?
  6. 6.A cycle costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
  7. 7.What is the simple interest on ₹4100 at 10% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a watch for ₹350 and sells it for ₹70. What is the loss (in ₹)?
  9. 9.The price of a school bag changed from ₹500 to ₹875. What is the percentage increase?
  10. 10.The price of a box of mangoes changed from ₹250 to ₹475. What is the percentage increase?
  11. 11.What is the simple interest on ₹3600 at 3% per year for 1 year (in ₹)?
  12. 12.The price of a box of mangoes changed from ₹200 to ₹198. What is the percentage decrease?
  13. 13.The price of a school bag changed from ₹200 to ₹196. What is the percentage decrease?
  14. 14.What is 45% of 800?
  15. 15.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2590. What is the profit (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹820. What is the loss (in ₹)?
  17. 17.A sewing machine costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹8800 at 2% per year for 2 years (in ₹)?
  19. 19.What is the simple interest on ₹7600 at 4% per year for 4 years (in ₹)?
  20. 20.What is the simple interest on ₹2900 at 9% per year for 1 year (in ₹)?
  21. 21.A cycle bought for ₹3500 is sold for ₹3325. What is the loss per cent?
  22. 22.A shopkeeper buys a cycle for ₹750 and sells it for ₹870. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2940. What is the profit (in ₹)?
  24. 24.A fan costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
  25. 25.A watch bought for ₹3400 is sold for ₹1700. What is the loss per cent?
  26. 26.The price of a water bottle changed from ₹400 to ₹160. What is the percentage decrease?
  27. 27.A mobile phone bought for ₹2400 is sold for ₹1200. What is the loss per cent?
  28. 28.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1720. What is the profit (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹600 at 12% per year for 4 years (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹280. What is the profit (in ₹)?
  31. 31.A sewing machine bought for ₹3000 is sold for ₹2550. What is the loss per cent?
  32. 32.What is 35% of 560?
  33. 33.What is the amount (principal + simple interest) on ₹4900 at 5% per year for 2 years (in ₹)?
  34. 34.What is 20% of 360?
  35. 35.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
  36. 36.What is the amount (principal + simple interest) on ₹9800 at 7% per year for 3 years (in ₹)?
  37. 37.What is 70% of 200?
  38. 38.What is the simple interest on ₹3100 at 10% per year for 5 years (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
  40. 40.A fan bought for ₹500 is sold for ₹375. What is the loss per cent?

Answer key

  1. 10476
  2. 30
  3. 120
  4. 30
  5. 30
  6. 2760
  7. 410
  8. 280
  9. 75
  10. 90
  11. 108
  12. 1
  13. 2
  14. 360
  15. 90
  16. 280
  17. 1120
  18. 352
  19. 1216
  20. 261
  21. 5
  22. 120
  23. 240
  24. 3520
  25. 50
  26. 60
  27. 50
  28. 20
  29. 888
  30. 80
  31. 15
  32. 196
  33. 5390
  34. 72
  35. 60
  36. 11858
  37. 140
  38. 1550
  39. 80
  40. 25

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