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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 202 · 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 ₹5500 at 12% per year for 3 years (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹50 to ₹90. What is the percentage increase?
  3. 3.What is the simple interest on ₹8300 at 7% per year for 5 years (in ₹)?
  4. 4.What is the simple interest on ₹2300 at 2% per year for 1 year (in ₹)?
  5. 5.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹290. What is the profit (in ₹)?
  6. 6.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
  7. 7.A cycle bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  8. 8.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹230. What is the loss (in ₹)?
  9. 9.A fan costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?
  10. 10.A table costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
  11. 11.A table costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
  12. 12.A cricket kit costs ₹700. It is sold at a 10% loss. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹1900 at 4% per year for 1 year (in ₹)?
  14. 14.What is 60% of 200?
  15. 15.A shopkeeper buys a table for ₹1500 and sells it for ₹1620. What is the profit (in ₹)?
  16. 16.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2610. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a watch for ₹1300 and sells it for ₹1580. What is the profit (in ₹)?
  18. 18.A watch costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
  19. 19.The price of a bus pass changed from ₹80 to ₹16. What is the percentage decrease?
  20. 20.What is the simple interest on ₹2100 at 8% per year for 1 year (in ₹)?
  21. 21.A shopkeeper buys a cooler for ₹250 and sells it for ₹260. What is the profit (in ₹)?
  22. 22.What is 25% of 500?
  23. 23.A watch bought for ₹3000 is sold for ₹3360. What is the profit per cent?
  24. 24.A sewing machine bought for ₹3300 is sold for ₹4950. What is the profit per cent?
  25. 25.The price of a water bottle changed from ₹400 to ₹440. What is the percentage increase?
  26. 26.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 3 years (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹2400 at 3% per year for 5 years (in ₹)?
  28. 28.What is the simple interest on ₹8500 at 12% per year for 3 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹9100 at 9% per year for 1 year (in ₹)?
  30. 30.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1320. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹9300 at 2% per year for 1 year (in ₹)?
  32. 32.The price of a school bag changed from ₹100 to ₹160. What is the percentage increase?
  33. 33.A cycle bought for ₹900 is sold for ₹945. What is the profit per cent?
  34. 34.What is 85% of 240?
  35. 35.What is 40% of 140?
  36. 36.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1590. What is the profit (in ₹)?
  37. 37.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
  38. 38.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2550. What is the profit (in ₹)?
  39. 39.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1540. What is the profit (in ₹)?
  40. 40.A cycle bought for ₹3600 is sold for ₹2160. What is the loss per cent?

Answer key

  1. 7480
  2. 80
  3. 2905
  4. 46
  5. 90
  6. 30
  7. 20
  8. 170
  9. 765
  10. 210
  11. 1584
  12. 630
  13. 76
  14. 120
  15. 120
  16. 160
  17. 280
  18. 1820
  19. 80
  20. 168
  21. 10
  22. 125
  23. 12
  24. 50
  25. 10
  26. 9540
  27. 2760
  28. 3060
  29. 9919
  30. 80
  31. 186
  32. 60
  33. 5
  34. 204
  35. 56
  36. 290
  37. 10
  38. 100
  39. 90
  40. 40

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