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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 33 · 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 watch costs ₹2600. It is sold at a 30% profit. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹2650. What is the loss (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 2 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 1 year (in ₹)?
  5. 5.A table bought for ₹2800 is sold for ₹1960. What is the loss per cent?
  6. 6.What is 85% of 600?
  7. 7.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2880. What is the profit (in ₹)?
  8. 8.A shopkeeper buys a cooler for ₹2100 and sells it for ₹2380. What is the profit (in ₹)?
  9. 9.What is 5% of 1000?
  10. 10.What is the amount (principal + simple interest) on ₹9800 at 8% per year for 1 year (in ₹)?
  11. 11.The price of a cricket ball changed from ₹40 to ₹50. What is the percentage increase?
  12. 12.A shopkeeper buys a cycle for ₹400 and sells it for ₹700. What is the profit (in ₹)?
  13. 13.What is the simple interest on ₹8800 at 8% per year for 5 years (in ₹)?
  14. 14.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1330. What is the loss (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹1150 and sells it for ₹1010. What is the loss (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹6200 at 9% per year for 1 year (in ₹)?
  17. 17.The price of a cricket ball changed from ₹200 to ₹80. What is the percentage decrease?
  18. 18.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1690. What is the profit (in ₹)?
  19. 19.A cricket kit costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8000 at 6% per year for 4 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹2100 at 9% per year for 4 years (in ₹)?
  22. 22.What is the simple interest on ₹9100 at 6% per year for 4 years (in ₹)?
  23. 23.What is 80% of 540?
  24. 24.A fan costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹700 at 7% per year for 5 years (in ₹)?
  26. 26.A watch costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
  27. 27.A cooler costs ₹1700. It is sold at a 5% loss. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹8100 at 2% per year for 2 years (in ₹)?
  29. 29.The price of a school bag changed from ₹200 to ₹380. What is the percentage increase?
  30. 30.What is the amount (principal + simple interest) on ₹5500 at 5% per year for 2 years (in ₹)?
  31. 31.A table bought for ₹1000 is sold for ₹700. What is the loss per cent?
  32. 32.A mobile phone costs ₹2600. It is sold at a 5% loss. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹4200 at 10% per year for 2 years (in ₹)?
  34. 34.A sewing machine costs ₹2000. It is sold at a 25% profit. What is the selling price (in ₹)?
  35. 35.A cycle bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  36. 36.A fan bought for ₹2500 is sold for ₹2800. What is the profit per cent?
  37. 37.A watch bought for ₹3800 is sold for ₹4750. What is the profit per cent?
  38. 38.A cricket kit bought for ₹2600 is sold for ₹2990. What is the profit per cent?
  39. 39.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
  40. 40.What is the amount (principal + simple interest) on ₹4700 at 7% per year for 2 years (in ₹)?

Answer key

  1. 3380
  2. 250
  3. 9010
  4. 1210
  5. 30
  6. 510
  7. 130
  8. 280
  9. 50
  10. 10584
  11. 25
  12. 300
  13. 3520
  14. 120
  15. 140
  16. 6758
  17. 60
  18. 90
  19. 1760
  20. 9920
  21. 2856
  22. 2184
  23. 432
  24. 2790
  25. 245
  26. 1008
  27. 1615
  28. 8424
  29. 90
  30. 6050
  31. 30
  32. 2470
  33. 5040
  34. 2500
  35. 12
  36. 12
  37. 25
  38. 15
  39. 20
  40. 5358

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