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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 314 · 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 ₹2700 at 11% per year for 1 year (in ₹)?
  2. 2.The price of a water bottle changed from ₹200 to ₹210. What is the percentage increase?
  3. 3.A mobile phone costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
  4. 4.A sewing machine costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
  5. 5.What is 5% of 200?
  6. 6.A shopkeeper buys a watch for ₹400 and sells it for ₹220. What is the loss (in ₹)?
  7. 7.What is 25% of 540?
  8. 8.A sewing machine costs ₹1500. It is sold at a 30% loss. What is the selling price (in ₹)?
  9. 9.The price of a water bottle changed from ₹80 to ₹16. What is the percentage decrease?
  10. 10.A watch bought for ₹400 is sold for ₹240. What is the loss per cent?
  11. 11.What is 45% of 580?
  12. 12.What is the simple interest on ₹6100 at 12% per year for 2 years (in ₹)?
  13. 13.A fan costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
  14. 14.A cycle costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹710. What is the profit (in ₹)?
  16. 16.What is 30% of 40?
  17. 17.What is 85% of 920?
  18. 18.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
  19. 19.A sewing machine bought for ₹3700 is sold for ₹2220. What is the loss per cent?
  20. 20.A mobile phone bought for ₹1300 is sold for ₹1820. What is the profit per cent?
  21. 21.A shopkeeper buys a cooler for ₹700 and sells it for ₹770. What is the profit (in ₹)?
  22. 22.A watch costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹9200 at 2% per year for 4 years (in ₹)?
  24. 24.What is 30% of 700?
  25. 25.A table bought for ₹1300 is sold for ₹975. What is the loss per cent?
  26. 26.A watch costs ₹2500. It is sold at a 5% loss. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 5 years (in ₹)?
  28. 28.A fan bought for ₹3100 is sold for ₹3472. What is the profit per cent?
  29. 29.What is the simple interest on ₹500 at 2% per year for 1 year (in ₹)?
  30. 30.What is the simple interest on ₹4600 at 7% per year for 2 years (in ₹)?
  31. 31.A fan bought for ₹3600 is sold for ₹3420. What is the loss per cent?
  32. 32.A cycle bought for ₹400 is sold for ₹460. What is the profit per cent?
  33. 33.What is the simple interest on ₹3900 at 5% per year for 4 years (in ₹)?
  34. 34.A cooler costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹8000 at 5% per year for 4 years (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1760. What is the profit (in ₹)?
  37. 37.A sewing machine costs ₹3800. It is sold at a 30% loss. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a table for ₹2000 and sells it for ₹1710. What is the loss (in ₹)?
  40. 40.A shopkeeper buys a table for ₹2000 and sells it for ₹2170. What is the profit (in ₹)?

Answer key

  1. 297
  2. 5
  3. 4250
  4. 595
  5. 10
  6. 180
  7. 135
  8. 1050
  9. 80
  10. 40
  11. 261
  12. 1464
  13. 1170
  14. 1200
  15. 260
  16. 12
  17. 782
  18. 20
  19. 40
  20. 40
  21. 70
  22. 4810
  23. 736
  24. 210
  25. 25
  26. 2375
  27. 2160
  28. 12
  29. 10
  30. 644
  31. 5
  32. 15
  33. 780
  34. 1120
  35. 1600
  36. 10
  37. 2660
  38. 8680
  39. 290
  40. 170

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