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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 171 · 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 ₹9100 at 4% per year for 5 years (in ₹)?
  2. 2.A cycle costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  3. 3.A mobile phone costs ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹2750 and sells it for ₹2700. What is the loss (in ₹)?
  5. 5.What is the simple interest on ₹7800 at 2% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹940. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹2900 at 7% per year for 5 years (in ₹)?
  8. 8.A sewing machine costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.What is the simple interest on ₹7300 at 2% per year for 1 year (in ₹)?
  10. 10.What is 45% of 620?
  11. 11.The price of a school bag changed from ₹200 to ₹240. What is the percentage increase?
  12. 12.A shopkeeper buys a cycle for ₹900 and sells it for ₹1080. What is the profit (in ₹)?
  13. 13.What is 30% of 160?
  14. 14.What is the simple interest on ₹4000 at 3% per year for 5 years (in ₹)?
  15. 15.What is the simple interest on ₹7200 at 2% per year for 5 years (in ₹)?
  16. 16.A table costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
  17. 17.A cycle costs ₹2100. It is sold at a 20% profit. What is the selling price (in ₹)?
  18. 18.What is 80% of 760?
  19. 19.A shopkeeper buys a fan for ₹2100 and sells it for ₹2240. What is the profit (in ₹)?
  20. 20.The price of a bus pass changed from ₹100 to ₹80. What is the percentage decrease?
  21. 21.What is the simple interest on ₹8200 at 9% per year for 5 years (in ₹)?
  22. 22.What is the simple interest on ₹5300 at 9% per year for 4 years (in ₹)?
  23. 23.A cricket kit costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹850 and sells it for ₹760. What is the loss (in ₹)?
  25. 25.The price of a water bottle changed from ₹500 to ₹510. What is the percentage increase?
  26. 26.A cycle costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
  27. 27.What is 60% of 80?
  28. 28.A cycle bought for ₹2300 is sold for ₹1725. What is the loss per cent?
  29. 29.What is the simple interest on ₹1800 at 6% per year for 3 years (in ₹)?
  30. 30.A shopkeeper buys a sewing machine for ₹2250 and sells it for ₹2240. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹300 and sells it for ₹220. What is the loss (in ₹)?
  32. 32.A cooler bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  33. 33.The price of a water bottle changed from ₹40 to ₹24. What is the percentage decrease?
  34. 34.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1710. What is the profit (in ₹)?
  35. 35.A table bought for ₹1700 is sold for ₹2125. What is the profit per cent?
  36. 36.What is the simple interest on ₹9300 at 6% per year for 3 years (in ₹)?
  37. 37.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
  38. 38.A shopkeeper buys a fan for ₹850 and sells it for ₹980. What is the profit (in ₹)?
  39. 39.A sewing machine costs ₹1700. It is sold at a 15% loss. What is the selling price (in ₹)?
  40. 40.A cycle bought for ₹2800 is sold for ₹3640. What is the profit per cent?

Answer key

  1. 1820
  2. 3770
  3. 2880
  4. 50
  5. 468
  6. 90
  7. 1015
  8. 1190
  9. 146
  10. 279
  11. 20
  12. 180
  13. 48
  14. 600
  15. 720
  16. 3230
  17. 2520
  18. 608
  19. 140
  20. 20
  21. 3690
  22. 1908
  23. 3300
  24. 90
  25. 2
  26. 480
  27. 48
  28. 25
  29. 324
  30. 10
  31. 80
  32. 5
  33. 40
  34. 160
  35. 25
  36. 1674
  37. 25
  38. 130
  39. 1445
  40. 30

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