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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 422 · 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 amount (principal + simple interest) on ₹8600 at 11% per year for 1 year (in ₹)?
  2. 2.What is the simple interest on ₹9400 at 4% per year for 1 year (in ₹)?
  3. 3.A cricket kit bought for ₹3200 is sold for ₹4800. What is the profit per cent?
  4. 4.A cooler costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹4100 at 9% per year for 5 years (in ₹)?
  6. 6.The price of a bus pass changed from ₹50 to ₹51. What is the percentage increase?
  7. 7.The price of a school bag changed from ₹20 to ₹10. What is the percentage decrease?
  8. 8.What is the simple interest on ₹3300 at 7% per year for 4 years (in ₹)?
  9. 9.A mobile phone costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹550. What is the loss (in ₹)?
  11. 11.What is the simple interest on ₹2100 at 6% per year for 2 years (in ₹)?
  12. 12.A fan costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
  13. 13.A watch bought for ₹3800 is sold for ₹4940. What is the profit per cent?
  14. 14.A table costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  15. 15.A cooler costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1260. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1070. What is the loss (in ₹)?
  18. 18.What is 25% of 60?
  19. 19.A fan costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹6300 at 2% per year for 3 years (in ₹)?
  21. 21.A cricket kit costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
  22. 22.A watch bought for ₹2500 is sold for ₹2200. What is the loss per cent?
  23. 23.A cycle costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  24. 24.The price of a bus pass changed from ₹80 to ₹140. What is the percentage increase?
  25. 25.The price of a cricket ball changed from ₹500 to ₹475. What is the percentage decrease?
  26. 26.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2510. What is the loss (in ₹)?
  27. 27.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2340. What is the loss (in ₹)?
  28. 28.What is the simple interest on ₹3000 at 5% per year for 2 years (in ₹)?
  29. 29.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1660. What is the profit (in ₹)?
  30. 30.What is 10% of 380?
  31. 31.What is 10% of 360?
  32. 32.The price of a school bag changed from ₹25 to ₹20. What is the percentage decrease?
  33. 33.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1440. What is the loss (in ₹)?
  34. 34.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1090. What is the loss (in ₹)?
  35. 35.The price of a cricket ball changed from ₹80 to ₹84. What is the percentage increase?
  36. 36.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2440. What is the profit (in ₹)?
  37. 37.A watch costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
  38. 38.The price of a box of mangoes changed from ₹40 to ₹60. What is the percentage increase?
  39. 39.The price of a water bottle changed from ₹100 to ₹80. What is the percentage decrease?
  40. 40.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1650. What is the loss (in ₹)?

Answer key

  1. 9546
  2. 376
  3. 50
  4. 4160
  5. 5945
  6. 2
  7. 50
  8. 924
  9. 3080
  10. 200
  11. 252
  12. 450
  13. 30
  14. 704
  15. 3240
  16. 60
  17. 180
  18. 15
  19. 490
  20. 378
  21. 2320
  22. 12
  23. 2970
  24. 75
  25. 5
  26. 90
  27. 110
  28. 300
  29. 10
  30. 38
  31. 36
  32. 20
  33. 10
  34. 10
  35. 5
  36. 140
  37. 1980
  38. 50
  39. 20
  40. 250

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