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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 380 · 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 bought for ₹300 is sold for ₹264. What is the loss per cent?
  2. 2.A fan bought for ₹700 is sold for ₹980. What is the profit per cent?
  3. 3.A cooler bought for ₹1400 is sold for ₹2100. What is the profit per cent?
  4. 4.The price of a school bag changed from ₹200 to ₹204. What is the percentage increase?
  5. 5.A mobile phone costs ₹3900. It is sold at a 20% profit. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹6600 at 4% per year for 3 years (in ₹)?
  7. 7.What is 30% of 980?
  8. 8.What is the simple interest on ₹4300 at 11% per year for 3 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 4 years (in ₹)?
  10. 10.A sewing machine costs ₹3000. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.What is the simple interest on ₹5000 at 10% per year for 5 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹5100 at 12% per year for 4 years (in ₹)?
  13. 13.What is 95% of 420?
  14. 14.A cycle costs ₹2200. It is sold at a 12% profit. What is the selling price (in ₹)?
  15. 15.A sewing machine costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 2 years (in ₹)?
  17. 17.A cricket kit costs ₹2700. It is sold at a 25% loss. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹8400 at 11% per year for 1 year (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹600 and sells it for ₹620. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2230. What is the loss (in ₹)?
  21. 21.What is the simple interest on ₹4100 at 3% per year for 2 years (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
  23. 23.What is the simple interest on ₹7300 at 5% per year for 1 year (in ₹)?
  24. 24.What is the simple interest on ₹8100 at 7% per year for 3 years (in ₹)?
  25. 25.The price of a bus pass changed from ₹500 to ₹600. What is the percentage increase?
  26. 26.A cricket kit bought for ₹2300 is sold for ₹2415. What is the profit per cent?
  27. 27.What is the amount (principal + simple interest) on ₹8700 at 11% per year for 4 years (in ₹)?
  28. 28.The price of a water bottle changed from ₹80 to ₹8. What is the percentage decrease?
  29. 29.What is 35% of 500?
  30. 30.What is the amount (principal + simple interest) on ₹6300 at 10% per year for 2 years (in ₹)?
  31. 31.What is the simple interest on ₹1900 at 6% per year for 2 years (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹1950 and sells it for ₹2050. What is the profit (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹7300 at 11% per year for 2 years (in ₹)?
  34. 34.What is 85% of 920?
  35. 35.A fan bought for ₹3900 is sold for ₹5070. What is the profit per cent?
  36. 36.A shopkeeper buys a fan for ₹2450 and sells it for ₹2410. What is the loss (in ₹)?
  37. 37.A cricket kit bought for ₹2700 is sold for ₹1350. What is the loss per cent?
  38. 38.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1380. What is the profit (in ₹)?
  39. 39.A cricket kit costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  40. 40.The price of a school bag changed from ₹250 to ₹475. What is the percentage increase?

Answer key

  1. 12
  2. 40
  3. 50
  4. 2
  5. 4680
  6. 792
  7. 294
  8. 1419
  9. 7308
  10. 3900
  11. 2500
  12. 7548
  13. 399
  14. 2464
  15. 1900
  16. 7906
  17. 2025
  18. 924
  19. 20
  20. 20
  21. 246
  22. 80
  23. 365
  24. 1701
  25. 20
  26. 5
  27. 12528
  28. 90
  29. 175
  30. 7560
  31. 228
  32. 100
  33. 8906
  34. 782
  35. 30
  36. 40
  37. 50
  38. 130
  39. 440
  40. 90

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