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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 439 · 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 school bag changed from ₹50 to ₹70. What is the percentage increase?
  2. 2.A watch bought for ₹1300 is sold for ₹1235. What is the loss per cent?
  3. 3.What is the simple interest on ₹2400 at 11% per year for 3 years (in ₹)?
  4. 4.What is the simple interest on ₹5300 at 3% per year for 2 years (in ₹)?
  5. 5.What is the simple interest on ₹1200 at 12% per year for 4 years (in ₹)?
  6. 6.A fan costs ₹1400. It is sold at a 50% loss. What is the selling price (in ₹)?
  7. 7.What is 25% of 920?
  8. 8.A cricket kit bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  9. 9.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2170. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a watch for ₹950 and sells it for ₹760. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹590. What is the profit (in ₹)?
  12. 12.A table costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹7200 at 6% per year for 5 years (in ₹)?
  14. 14.A cycle bought for ₹800 is sold for ₹840. What is the profit per cent?
  15. 15.The price of a cricket ball changed from ₹80 to ₹48. What is the percentage decrease?
  16. 16.A cooler bought for ₹3400 is sold for ₹4250. What is the profit per cent?
  17. 17.What is the simple interest on ₹3000 at 11% per year for 1 year (in ₹)?
  18. 18.What is 70% of 580?
  19. 19.A mobile phone bought for ₹3100 is sold for ₹2480. What is the loss per cent?
  20. 20.What is the amount (principal + simple interest) on ₹1500 at 12% per year for 1 year (in ₹)?
  21. 21.A shopkeeper buys a fan for ₹1500 and sells it for ₹1280. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1870. What is the loss (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹8400 at 9% per year for 2 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹4900 at 5% per year for 4 years (in ₹)?
  25. 25.What is the simple interest on ₹7300 at 3% per year for 2 years (in ₹)?
  26. 26.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1700. What is the profit (in ₹)?
  27. 27.A cycle bought for ₹800 is sold for ₹480. What is the loss per cent?
  28. 28.What is the amount (principal + simple interest) on ₹6100 at 6% per year for 4 years (in ₹)?
  29. 29.A shopkeeper buys a watch for ₹2650 and sells it for ₹2940. What is the profit (in ₹)?
  30. 30.What is 30% of 880?
  31. 31.What is the amount (principal + simple interest) on ₹3000 at 3% per year for 1 year (in ₹)?
  32. 32.A shopkeeper buys a table for ₹1050 and sells it for ₹860. What is the loss (in ₹)?
  33. 33.What is 60% of 560?
  34. 34.A mobile phone costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2540. What is the loss (in ₹)?
  36. 36.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹410. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 1 year (in ₹)?
  38. 38.What is the simple interest on ₹9000 at 8% per year for 4 years (in ₹)?
  39. 39.What is 40% of 200?
  40. 40.A mobile phone costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?

Answer key

  1. 40
  2. 5
  3. 792
  4. 318
  5. 576
  6. 700
  7. 230
  8. 20
  9. 270
  10. 190
  11. 240
  12. 630
  13. 9360
  14. 5
  15. 40
  16. 25
  17. 330
  18. 406
  19. 20
  20. 1680
  21. 220
  22. 80
  23. 9912
  24. 5880
  25. 438
  26. 100
  27. 40
  28. 7564
  29. 290
  30. 264
  31. 3090
  32. 190
  33. 336
  34. 1050
  35. 10
  36. 190
  37. 3060
  38. 2880
  39. 80
  40. 1995

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