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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 586 · 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 pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
  2. 2.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2560. What is the loss (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹4400 at 9% per year for 2 years (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹1150 and sells it for ₹1300. What is the profit (in ₹)?
  5. 5.A mobile phone bought for ₹1200 is sold for ₹1380. What is the profit per cent?
  6. 6.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
  7. 7.A watch costs ₹1100. It is sold at a 50% profit. What is the selling price (in ₹)?
  8. 8.A table costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹720. What is the loss (in ₹)?
  10. 10.A cricket kit costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
  11. 11.A sewing machine bought for ₹1300 is sold for ₹1495. What is the profit per cent?
  12. 12.The price of a school bag changed from ₹100 to ₹40. What is the percentage decrease?
  13. 13.What is 45% of 60?
  14. 14.A mobile phone costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
  15. 15.A table bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  16. 16.The price of a box of mangoes changed from ₹40 to ₹10. What is the percentage decrease?
  17. 17.A shopkeeper buys a table for ₹2550 and sells it for ₹2600. What is the profit (in ₹)?
  18. 18.What is 5% of 500?
  19. 19.A cooler costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹1340. What is the profit (in ₹)?
  21. 21.What is the simple interest on ₹6600 at 9% per year for 5 years (in ₹)?
  22. 22.What is the simple interest on ₹4100 at 4% per year for 4 years (in ₹)?
  23. 23.What is 85% of 600?
  24. 24.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1500. What is the loss (in ₹)?
  25. 25.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2450. What is the profit (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2580. What is the profit (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹9200 at 11% per year for 3 years (in ₹)?
  28. 28.What is the simple interest on ₹800 at 5% per year for 2 years (in ₹)?
  29. 29.What is the simple interest on ₹4600 at 3% per year for 5 years (in ₹)?
  30. 30.A cricket kit bought for ₹200 is sold for ₹140. What is the loss per cent?
  31. 31.A shopkeeper buys a watch for ₹1300 and sells it for ₹1190. What is the loss (in ₹)?
  32. 32.A cricket kit costs ₹1200. It is sold at a 15% loss. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹5900 at 3% per year for 1 year (in ₹)?
  34. 34.A watch bought for ₹2100 is sold for ₹2352. What is the profit per cent?
  35. 35.What is the amount (principal + simple interest) on ₹6100 at 12% per year for 4 years (in ₹)?
  36. 36.A watch bought for ₹3500 is sold for ₹4200. What is the profit per cent?
  37. 37.The price of a bus pass changed from ₹200 to ₹202. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹6600 at 7% per year for 1 year (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹2650 and sells it for ₹2920. What is the profit (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 5 years (in ₹)?

Answer key

  1. 40
  2. 140
  3. 5192
  4. 150
  5. 15
  6. 20
  7. 1650
  8. 160
  9. 180
  10. 1430
  11. 15
  12. 60
  13. 27
  14. 550
  15. 20
  16. 75
  17. 50
  18. 25
  19. 4000
  20. 190
  21. 2970
  22. 656
  23. 510
  24. 50
  25. 100
  26. 130
  27. 12236
  28. 80
  29. 690
  30. 30
  31. 110
  32. 1020
  33. 177
  34. 12
  35. 9028
  36. 20
  37. 1
  38. 7062
  39. 270
  40. 5125

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