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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 421 · 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 cricket ball changed from ₹100 to ₹110. What is the percentage increase?
  2. 2.What is the amount (principal + simple interest) on ₹5600 at 2% per year for 2 years (in ₹)?
  3. 3.A shopkeeper buys a watch for ₹1050 and sells it for ₹770. What is the loss (in ₹)?
  4. 4.What is 75% of 460?
  5. 5.What is the simple interest on ₹6200 at 7% per year for 5 years (in ₹)?
  6. 6.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1190. What is the loss (in ₹)?
  7. 7.A cycle costs ₹2500. It is sold at a 40% profit. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1690. What is the loss (in ₹)?
  9. 9.A cycle bought for ₹2100 is sold for ₹2310. What is the profit per cent?
  10. 10.What is 80% of 540?
  11. 11.What is the simple interest on ₹2900 at 4% per year for 1 year (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹9500 at 3% per year for 4 years (in ₹)?
  13. 13.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1160. What is the profit (in ₹)?
  14. 14.A mobile phone bought for ₹3600 is sold for ₹5400. What is the profit per cent?
  15. 15.A shopkeeper buys a watch for ₹900 and sells it for ₹950. What is the profit (in ₹)?
  16. 16.What is 40% of 940?
  17. 17.A shopkeeper buys a cycle for ₹350 and sells it for ₹200. What is the loss (in ₹)?
  18. 18.What is 30% of 800?
  19. 19.A shopkeeper buys a cooler for ₹400 and sells it for ₹170. What is the loss (in ₹)?
  20. 20.A fan bought for ₹1800 is sold for ₹1620. What is the loss per cent?
  21. 21.A watch bought for ₹1000 is sold for ₹1100. What is the profit per cent?
  22. 22.What is 80% of 680?
  23. 23.What is the simple interest on ₹5400 at 7% per year for 5 years (in ₹)?
  24. 24.What is 85% of 940?
  25. 25.A watch bought for ₹2400 is sold for ₹2880. What is the profit per cent?
  26. 26.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
  27. 27.What is the amount (principal + simple interest) on ₹9100 at 2% per year for 2 years (in ₹)?
  28. 28.The price of a cricket ball changed from ₹40 to ₹36. What is the percentage decrease?
  29. 29.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 1 year (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹7600 at 2% per year for 3 years (in ₹)?
  31. 31.What is 30% of 300?
  32. 32.What is 40% of 400?
  33. 33.What is 5% of 200?
  34. 34.A sewing machine bought for ₹2200 is sold for ₹2530. What is the profit per cent?
  35. 35.What is the amount (principal + simple interest) on ₹3200 at 7% per year for 1 year (in ₹)?
  36. 36.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹460. What is the profit (in ₹)?
  37. 37.A watch bought for ₹600 is sold for ₹660. What is the profit per cent?
  38. 38.A watch bought for ₹1900 is sold for ₹2128. What is the profit per cent?
  39. 39.What is the simple interest on ₹9400 at 4% per year for 5 years (in ₹)?
  40. 40.What is the simple interest on ₹600 at 7% per year for 2 years (in ₹)?

Answer key

  1. 10
  2. 5824
  3. 280
  4. 345
  5. 2170
  6. 10
  7. 3500
  8. 60
  9. 10
  10. 432
  11. 116
  12. 10640
  13. 210
  14. 50
  15. 50
  16. 376
  17. 150
  18. 240
  19. 230
  20. 10
  21. 10
  22. 544
  23. 1890
  24. 799
  25. 20
  26. 10
  27. 9464
  28. 10
  29. 2835
  30. 8056
  31. 90
  32. 160
  33. 10
  34. 15
  35. 3424
  36. 10
  37. 10
  38. 12
  39. 1880
  40. 84

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