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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 474 · 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 simple interest on ₹8500 at 9% per year for 4 years (in ₹)?
  2. 2.A cycle costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
  3. 3.A cycle bought for ₹1600 is sold for ₹1792. What is the profit per cent?
  4. 4.A cooler bought for ₹3200 is sold for ₹2560. What is the loss per cent?
  5. 5.A mobile phone costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
  6. 6.The price of a water bottle changed from ₹20 to ₹38. What is the percentage increase?
  7. 7.What is 30% of 1000?
  8. 8.A cricket kit costs ₹2400. It is sold at a 50% profit. What is the selling price (in ₹)?
  9. 9.What is 35% of 100?
  10. 10.A table costs ₹3700. It is sold at a 40% profit. What is the selling price (in ₹)?
  11. 11.What is 15% of 500?
  12. 12.What is the simple interest on ₹7700 at 10% per year for 5 years (in ₹)?
  13. 13.What is the simple interest on ₹8300 at 2% per year for 2 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹6600 at 11% per year for 2 years (in ₹)?
  15. 15.The price of a school bag changed from ₹200 to ₹350. What is the percentage increase?
  16. 16.The price of a pair of shoes changed from ₹100 to ₹90. What is the percentage decrease?
  17. 17.A fan bought for ₹1500 is sold for ₹1875. What is the profit per cent?
  18. 18.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 2 years (in ₹)?
  19. 19.What is 15% of 300?
  20. 20.What is the amount (principal + simple interest) on ₹6100 at 9% per year for 1 year (in ₹)?
  21. 21.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2590. What is the profit (in ₹)?
  22. 22.A mobile phone costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹800 at 4% per year for 5 years (in ₹)?
  24. 24.A table costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
  25. 25.A sewing machine bought for ₹400 is sold for ₹560. What is the profit per cent?
  26. 26.What is the amount (principal + simple interest) on ₹5800 at 5% per year for 1 year (in ₹)?
  27. 27.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹1060. What is the profit (in ₹)?
  28. 28.The price of a cricket ball changed from ₹40 to ₹30. What is the percentage decrease?
  29. 29.What is the simple interest on ₹1800 at 11% per year for 5 years (in ₹)?
  30. 30.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2760. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a fan for ₹2000 and sells it for ₹1820. What is the loss (in ₹)?
  32. 32.A mobile phone bought for ₹1400 is sold for ₹1260. What is the loss per cent?
  33. 33.The price of a bus pass changed from ₹20 to ₹14. What is the percentage decrease?
  34. 34.What is the simple interest on ₹9900 at 9% per year for 5 years (in ₹)?
  35. 35.What is 60% of 300?
  36. 36.A cooler costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1840. What is the profit (in ₹)?
  38. 38.A mobile phone bought for ₹600 is sold for ₹672. What is the profit per cent?
  39. 39.A cricket kit costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
  40. 40.A cycle costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?

Answer key

  1. 3060
  2. 600
  3. 12
  4. 20
  5. 5400
  6. 90
  7. 300
  8. 3600
  9. 35
  10. 5180
  11. 75
  12. 3850
  13. 332
  14. 8052
  15. 75
  16. 10
  17. 25
  18. 7480
  19. 45
  20. 6649
  21. 140
  22. 3250
  23. 960
  24. 2945
  25. 40
  26. 6090
  27. 110
  28. 25
  29. 990
  30. 40
  31. 180
  32. 10
  33. 30
  34. 4455
  35. 180
  36. 2890
  37. 90
  38. 12
  39. 1600
  40. 1200

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