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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 372 · 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 shopkeeper buys a cycle for ₹2650 and sells it for ₹2700. What is the profit (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹10000 at 2% per year for 4 years (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹700 at 2% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1300 at 10% per year for 1 year (in ₹)?
  5. 5.A mobile phone costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹9500 at 9% per year for 5 years (in ₹)?
  7. 7.What is the simple interest on ₹7600 at 11% per year for 1 year (in ₹)?
  8. 8.What is 35% of 200?
  9. 9.What is 65% of 700?
  10. 10.What is the simple interest on ₹3300 at 3% per year for 5 years (in ₹)?
  11. 11.What is 10% of 480?
  12. 12.What is 20% of 520?
  13. 13.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
  14. 14.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
  15. 15.What is the amount (principal + simple interest) on ₹1400 at 8% per year for 1 year (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹2900 at 4% per year for 1 year (in ₹)?
  17. 17.What is 45% of 300?
  18. 18.What is the simple interest on ₹6400 at 2% per year for 5 years (in ₹)?
  19. 19.A cricket kit bought for ₹400 is sold for ₹200. What is the loss per cent?
  20. 20.What is 35% of 380?
  21. 21.The price of a water bottle changed from ₹500 to ₹900. What is the percentage increase?
  22. 22.What is the simple interest on ₹7400 at 8% per year for 2 years (in ₹)?
  23. 23.A sewing machine costs ₹3900. It is sold at a 30% profit. What is the selling price (in ₹)?
  24. 24.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
  25. 25.A cricket kit bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  26. 26.A sewing machine costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
  27. 27.A cooler bought for ₹2700 is sold for ₹2970. What is the profit per cent?
  28. 28.What is the simple interest on ₹4900 at 5% per year for 5 years (in ₹)?
  29. 29.The price of a pair of shoes changed from ₹50 to ₹75. What is the percentage increase?
  30. 30.What is the simple interest on ₹5700 at 2% per year for 1 year (in ₹)?
  31. 31.A mobile phone costs ₹3600. It is sold at a 25% profit. What is the selling price (in ₹)?
  32. 32.What is 75% of 720?
  33. 33.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹770. What is the profit (in ₹)?
  34. 34.A fan costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
  35. 35.What is 95% of 260?
  36. 36.What is 65% of 600?
  37. 37.The price of a bus pass changed from ₹500 to ₹250. What is the percentage decrease?
  38. 38.What is the simple interest on ₹4000 at 4% per year for 1 year (in ₹)?
  39. 39.A mobile phone costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.A cooler costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?

Answer key

  1. 50
  2. 10800
  3. 770
  4. 1430
  5. 3080
  6. 4275
  7. 836
  8. 70
  9. 455
  10. 495
  11. 48
  12. 104
  13. 2
  14. 90
  15. 1512
  16. 3016
  17. 135
  18. 640
  19. 50
  20. 133
  21. 80
  22. 1184
  23. 5070
  24. 30
  25. 15
  26. 180
  27. 10
  28. 1225
  29. 50
  30. 114
  31. 4500
  32. 540
  33. 20
  34. 3330
  35. 247
  36. 390
  37. 50
  38. 160
  39. 1650
  40. 300

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