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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 476 · 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 ₹9500 at 11% per year for 4 years (in ₹)?
  2. 2.A watch costs ₹2800. It is sold at a 30% loss. What is the selling price (in ₹)?
  3. 3.A mobile phone bought for ₹600 is sold for ₹690. What is the profit per cent?
  4. 4.A sewing machine costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
  5. 5.What is 90% of 740?
  6. 6.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
  7. 7.What is the amount (principal + simple interest) on ₹1900 at 11% per year for 4 years (in ₹)?
  8. 8.A cricket kit bought for ₹2800 is sold for ₹2520. What is the loss per cent?
  9. 9.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹840. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
  11. 11.A cooler costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  12. 12.What is the simple interest on ₹6000 at 9% per year for 3 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹5300 at 2% per year for 4 years (in ₹)?
  14. 14.A cycle bought for ₹1400 is sold for ₹1610. What is the profit per cent?
  15. 15.What is the simple interest on ₹8700 at 9% per year for 2 years (in ₹)?
  16. 16.A mobile phone costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
  17. 17.What is 85% of 160?
  18. 18.The price of a bus pass changed from ₹500 to ₹950. What is the percentage increase?
  19. 19.A watch bought for ₹3700 is sold for ₹4625. What is the profit per cent?
  20. 20.What is 95% of 700?
  21. 21.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1670. What is the profit (in ₹)?
  22. 22.What is the simple interest on ₹800 at 5% per year for 5 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹4600 at 6% per year for 2 years (in ₹)?
  24. 24.The price of a pair of shoes changed from ₹40 to ₹42. What is the percentage increase?
  25. 25.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹2140. What is the profit (in ₹)?
  26. 26.What is 25% of 1000?
  27. 27.What is the amount (principal + simple interest) on ₹6200 at 4% per year for 4 years (in ₹)?
  28. 28.What is 5% of 460?
  29. 29.What is 70% of 540?
  30. 30.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
  31. 31.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
  32. 32.A mobile phone costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
  33. 33.A cricket kit costs ₹3000. It is sold at a 50% profit. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹2000 at 2% per year for 5 years (in ₹)?
  35. 35.What is the simple interest on ₹4100 at 8% per year for 3 years (in ₹)?
  36. 36.The price of a box of mangoes changed from ₹80 to ₹16. What is the percentage decrease?
  37. 37.A sewing machine bought for ₹500 is sold for ₹425. What is the loss per cent?
  38. 38.What is 35% of 460?
  39. 39.A cricket kit bought for ₹200 is sold for ₹280. What is the profit per cent?
  40. 40.The price of a bus pass changed from ₹80 to ₹16. What is the percentage decrease?

Answer key

  1. 4180
  2. 1960
  3. 15
  4. 480
  5. 666
  6. 20
  7. 2736
  8. 10
  9. 290
  10. 240
  11. 805
  12. 1620
  13. 5724
  14. 15
  15. 1566
  16. 3256
  17. 136
  18. 90
  19. 25
  20. 665
  21. 20
  22. 200
  23. 5152
  24. 5
  25. 290
  26. 250
  27. 7192
  28. 23
  29. 378
  30. 25
  31. 20
  32. 5000
  33. 4500
  34. 2200
  35. 984
  36. 80
  37. 15
  38. 161
  39. 40
  40. 80

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