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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 221 · 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.A fan bought for ₹300 is sold for ₹180. What is the loss per cent?
  2. 2.A shopkeeper buys a watch for ₹1600 and sells it for ₹1690. What is the profit (in ₹)?
  3. 3.A cycle costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
  4. 4.A fan bought for ₹2200 is sold for ₹3080. What is the profit per cent?
  5. 5.What is the amount (principal + simple interest) on ₹9900 at 2% per year for 2 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 3 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 5 years (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
  9. 9.What is the amount (principal + simple interest) on ₹10000 at 6% per year for 3 years (in ₹)?
  10. 10.What is the simple interest on ₹4700 at 3% per year for 5 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 3 years (in ₹)?
  12. 12.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
  13. 13.What is the amount (principal + simple interest) on ₹1700 at 7% per year for 1 year (in ₹)?
  14. 14.A table costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
  15. 15.A cycle bought for ₹900 is sold for ₹855. What is the loss per cent?
  16. 16.A mobile phone costs ₹1300. It is sold at a 40% loss. What is the selling price (in ₹)?
  17. 17.A sewing machine bought for ₹3000 is sold for ₹3150. What is the profit per cent?
  18. 18.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1070. What is the loss (in ₹)?
  19. 19.A mobile phone bought for ₹2500 is sold for ₹2875. What is the profit per cent?
  20. 20.What is the simple interest on ₹4200 at 2% per year for 1 year (in ₹)?
  21. 21.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
  22. 22.What is the simple interest on ₹3500 at 2% per year for 5 years (in ₹)?
  23. 23.What is the simple interest on ₹3900 at 9% per year for 4 years (in ₹)?
  24. 24.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2420. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹8600 at 9% per year for 5 years (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2880. What is the profit (in ₹)?
  27. 27.What is the simple interest on ₹5700 at 11% per year for 2 years (in ₹)?
  28. 28.A cricket kit costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.A cycle bought for ₹400 is sold for ₹340. What is the loss per cent?
  30. 30.A sewing machine costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
  31. 31.A table bought for ₹800 is sold for ₹680. What is the loss per cent?
  32. 32.A watch costs ₹1500. It is sold at a 20% profit. What is the selling price (in ₹)?
  33. 33.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
  34. 34.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1000. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1280. What is the profit (in ₹)?
  36. 36.A cycle costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  37. 37.What is 40% of 980?
  38. 38.What is 30% of 400?
  39. 39.What is 10% of 60?
  40. 40.What is the amount (principal + simple interest) on ₹4500 at 4% per year for 3 years (in ₹)?

Answer key

  1. 40
  2. 90
  3. 2625
  4. 40
  5. 10296
  6. 3509
  7. 4050
  8. 40
  9. 11800
  10. 705
  11. 11837
  12. 25
  13. 1819
  14. 2310
  15. 5
  16. 780
  17. 5
  18. 280
  19. 15
  20. 84
  21. 20
  22. 350
  23. 1404
  24. 70
  25. 3870
  26. 230
  27. 1254
  28. 2875
  29. 15
  30. 320
  31. 15
  32. 1800
  33. 60
  34. 50
  35. 130
  36. 2100
  37. 392
  38. 120
  39. 6
  40. 5040

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