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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 224 · 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.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  2. 2.What is the amount (principal + simple interest) on ₹6100 at 3% per year for 3 years (in ₹)?
  3. 3.What is the simple interest on ₹8400 at 10% per year for 2 years (in ₹)?
  4. 4.A cycle costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
  5. 5.A mobile phone costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹6800 at 6% per year for 1 year (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1890. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2590. What is the profit (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹5300 at 5% per year for 3 years (in ₹)?
  10. 10.A cooler costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
  11. 11.What is 10% of 240?
  12. 12.What is 20% of 300?
  13. 13.The price of a water bottle changed from ₹500 to ₹550. What is the percentage increase?
  14. 14.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1100. What is the loss (in ₹)?
  15. 15.A cycle bought for ₹1200 is sold for ₹720. What is the loss per cent?
  16. 16.What is the amount (principal + simple interest) on ₹8800 at 3% per year for 1 year (in ₹)?
  17. 17.A fan bought for ₹1900 is sold for ₹2280. What is the profit per cent?
  18. 18.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2580. What is the loss (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1770. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 3 years (in ₹)?
  21. 21.The price of a cricket ball changed from ₹200 to ₹202. What is the percentage increase?
  22. 22.What is the simple interest on ₹1800 at 12% per year for 1 year (in ₹)?
  23. 23.The price of a pair of shoes changed from ₹200 to ₹100. What is the percentage decrease?
  24. 24.What is the simple interest on ₹2800 at 10% per year for 2 years (in ₹)?
  25. 25.What is the simple interest on ₹9100 at 7% per year for 2 years (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2570. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹8200 at 3% per year for 2 years (in ₹)?
  28. 28.What is the simple interest on ₹8300 at 7% per year for 2 years (in ₹)?
  29. 29.A shopkeeper buys a cycle for ₹800 and sells it for ₹640. What is the loss (in ₹)?
  30. 30.A fan bought for ₹1600 is sold for ₹2400. What is the profit per cent?
  31. 31.A shopkeeper buys a watch for ₹1600 and sells it for ₹1620. What is the profit (in ₹)?
  32. 32.A cycle costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a table for ₹1050 and sells it for ₹1280. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹800 at 3% per year for 3 years (in ₹)?
  35. 35.A mobile phone costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2500 at 4% per year for 4 years (in ₹)?
  37. 37.A cooler costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
  38. 38.What is 10% of 220?
  39. 39.What is the simple interest on ₹2300 at 4% per year for 3 years (in ₹)?
  40. 40.What is 80% of 840?

Answer key

  1. 40
  2. 6649
  3. 1680
  4. 875
  5. 900
  6. 7208
  7. 110
  8. 90
  9. 6095
  10. 450
  11. 24
  12. 60
  13. 10
  14. 150
  15. 40
  16. 9064
  17. 20
  18. 170
  19. 220
  20. 9620
  21. 1
  22. 216
  23. 50
  24. 560
  25. 1274
  26. 30
  27. 492
  28. 1162
  29. 160
  30. 50
  31. 20
  32. 3250
  33. 230
  34. 72
  35. 380
  36. 2900
  37. 2420
  38. 22
  39. 276
  40. 672

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