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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 448 · 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 costs ₹2400. It is sold at a 40% profit. What is the selling price (in ₹)?
  2. 2.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
  3. 3.What is the simple interest on ₹1500 at 8% per year for 3 years (in ₹)?
  4. 4.What is the simple interest on ₹5100 at 8% per year for 1 year (in ₹)?
  5. 5.What is the simple interest on ₹4300 at 11% per year for 1 year (in ₹)?
  6. 6.A fan costs ₹1500. It is sold at a 20% profit. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹2300 at 5% per year for 5 years (in ₹)?
  8. 8.A fan bought for ₹1500 is sold for ₹1680. What is the profit per cent?
  9. 9.A table costs ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
  10. 10.A cricket kit costs ₹3100. It is sold at a 50% loss. What is the selling price (in ₹)?
  11. 11.A mobile phone costs ₹2700. It is sold at a 30% loss. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹7400 at 2% per year for 3 years (in ₹)?
  13. 13.A fan costs ₹1400. It is sold at a 5% profit. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹8200 at 3% per year for 1 year (in ₹)?
  15. 15.A cooler costs ₹3700. It is sold at a 5% loss. What is the selling price (in ₹)?
  16. 16.What is 65% of 520?
  17. 17.A shopkeeper buys a cricket kit for ₹500 and sells it for ₹460. What is the loss (in ₹)?
  18. 18.What is 40% of 380?
  19. 19.A fan bought for ₹2100 is sold for ₹1260. What is the loss per cent?
  20. 20.What is the simple interest on ₹3800 at 11% per year for 2 years (in ₹)?
  21. 21.A table costs ₹2100. It is sold at a 50% profit. What is the selling price (in ₹)?
  22. 22.A watch costs ₹1200. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.What is 35% of 1000?
  24. 24.A cricket kit costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
  25. 25.What is 90% of 1000?
  26. 26.A watch costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹2150. What is the profit (in ₹)?
  29. 29.A cycle bought for ₹2100 is sold for ₹1050. What is the loss per cent?
  30. 30.What is 5% of 940?
  31. 31.A shopkeeper buys a watch for ₹1850 and sells it for ₹1570. What is the loss (in ₹)?
  32. 32.A cricket kit costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
  33. 33.The price of a school bag changed from ₹25 to ₹40. What is the percentage increase?
  34. 34.A sewing machine bought for ₹4000 is sold for ₹6000. What is the profit per cent?
  35. 35.What is the amount (principal + simple interest) on ₹3800 at 12% per year for 1 year (in ₹)?
  36. 36.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹500. What is the profit (in ₹)?
  37. 37.What is 15% of 320?
  38. 38.A cycle bought for ₹1600 is sold for ₹1840. What is the profit per cent?
  39. 39.The price of a cricket ball changed from ₹20 to ₹4. What is the percentage decrease?
  40. 40.A shopkeeper buys a cooler for ₹250 and sells it for ₹330. What is the profit (in ₹)?

Answer key

  1. 3360
  2. 50
  3. 360
  4. 408
  5. 473
  6. 1800
  7. 2875
  8. 12
  9. 2970
  10. 1550
  11. 1890
  12. 444
  13. 1470
  14. 246
  15. 3515
  16. 338
  17. 40
  18. 152
  19. 40
  20. 836
  21. 3150
  22. 1560
  23. 350
  24. 3800
  25. 900
  26. 3255
  27. 6864
  28. 150
  29. 50
  30. 47
  31. 280
  32. 1500
  33. 60
  34. 50
  35. 4256
  36. 150
  37. 48
  38. 15
  39. 80
  40. 80

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