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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 442 · 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 ₹2400 is sold for ₹2640. What is the profit per cent?
  2. 2.The price of a cricket ball changed from ₹20 to ₹22. What is the percentage increase?
  3. 3.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹870. What is the profit (in ₹)?
  4. 4.A mobile phone costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  5. 5.What is 10% of 700?
  6. 6.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  7. 7.A cricket kit costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹8100 at 3% per year for 1 year (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹2600 at 7% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a cycle for ₹450 and sells it for ₹410. What is the loss (in ₹)?
  11. 11.What is 55% of 600?
  12. 12.What is the simple interest on ₹9400 at 7% per year for 5 years (in ₹)?
  13. 13.A cycle bought for ₹3500 is sold for ₹2625. What is the loss per cent?
  14. 14.A table costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹8500 at 5% per year for 4 years (in ₹)?
  16. 16.What is the simple interest on ₹5300 at 4% per year for 4 years (in ₹)?
  17. 17.A sewing machine bought for ₹700 is sold for ₹616. What is the loss per cent?
  18. 18.What is the simple interest on ₹1400 at 4% per year for 3 years (in ₹)?
  19. 19.A watch costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹1000 at 5% per year for 3 years (in ₹)?
  21. 21.What is 70% of 460?
  22. 22.What is the simple interest on ₹7300 at 2% per year for 1 year (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹600 at 4% per year for 1 year (in ₹)?
  24. 24.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
  25. 25.What is the amount (principal + simple interest) on ₹4100 at 7% per year for 3 years (in ₹)?
  26. 26.What is the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
  27. 27.A mobile phone bought for ₹1500 is sold for ₹1680. What is the profit per cent?
  28. 28.A cricket kit costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
  29. 29.What is the simple interest on ₹7300 at 8% per year for 2 years (in ₹)?
  30. 30.What is the simple interest on ₹2000 at 11% per year for 1 year (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹300 and sells it for ₹500. What is the profit (in ₹)?
  32. 32.A mobile phone bought for ₹3600 is sold for ₹5040. What is the profit per cent?
  33. 33.What is the simple interest on ₹600 at 9% per year for 4 years (in ₹)?
  34. 34.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2350. What is the profit (in ₹)?
  35. 35.A cooler costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
  36. 36.The price of a pair of shoes changed from ₹250 to ₹450. What is the percentage increase?
  37. 37.A mobile phone costs ₹400. It is sold at a 25% loss. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹7800 at 9% per year for 2 years (in ₹)?
  39. 39.The price of a bus pass changed from ₹40 to ₹60. What is the percentage increase?
  40. 40.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2460. What is the profit (in ₹)?

Answer key

  1. 10
  2. 10
  3. 270
  4. 2520
  5. 70
  6. 20
  7. 1496
  8. 8343
  9. 3510
  10. 40
  11. 330
  12. 3290
  13. 25
  14. 5850
  15. 1700
  16. 848
  17. 12
  18. 168
  19. 900
  20. 1150
  21. 322
  22. 146
  23. 624
  24. 50
  25. 4961
  26. 400
  27. 12
  28. 1500
  29. 1168
  30. 220
  31. 200
  32. 40
  33. 216
  34. 200
  35. 1750
  36. 80
  37. 300
  38. 9204
  39. 50
  40. 210

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