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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 60 · 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 ₹3900 at 7% per year for 1 year (in ₹)?
  2. 2.The price of a bus pass changed from ₹80 to ₹104. What is the percentage increase?
  3. 3.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1360. What is the profit (in ₹)?
  4. 4.A cycle costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
  5. 5.What is the simple interest on ₹6400 at 4% per year for 1 year (in ₹)?
  6. 6.A fan costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
  7. 7.A watch costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
  8. 8.A sewing machine bought for ₹2900 is sold for ₹1740. What is the loss per cent?
  9. 9.What is 45% of 100?
  10. 10.A shopkeeper buys a fan for ₹1850 and sells it for ₹1970. What is the profit (in ₹)?
  11. 11.A cycle bought for ₹2000 is sold for ₹1400. What is the loss per cent?
  12. 12.What is the amount (principal + simple interest) on ₹5000 at 3% per year for 2 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹2700 at 2% per year for 4 years (in ₹)?
  14. 14.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹440. What is the profit (in ₹)?
  15. 15.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
  16. 16.What is 60% of 660?
  17. 17.The price of a box of mangoes changed from ₹200 to ₹140. What is the percentage decrease?
  18. 18.A cricket kit costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  19. 19.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
  20. 20.A cricket kit costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
  21. 21.A sewing machine bought for ₹2900 is sold for ₹2465. What is the loss per cent?
  22. 22.A shopkeeper buys a table for ₹1600 and sells it for ₹1540. What is the loss (in ₹)?
  23. 23.What is the simple interest on ₹5300 at 3% per year for 2 years (in ₹)?
  24. 24.What is the simple interest on ₹8700 at 4% per year for 1 year (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹800 at 3% per year for 2 years (in ₹)?
  26. 26.What is the simple interest on ₹7200 at 4% per year for 2 years (in ₹)?
  27. 27.A mobile phone bought for ₹700 is sold for ₹875. What is the profit per cent?
  28. 28.What is 10% of 140?
  29. 29.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2190. What is the loss (in ₹)?
  30. 30.A cricket kit costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
  31. 31.A mobile phone costs ₹2400. It is sold at a 25% profit. What is the selling price (in ₹)?
  32. 32.What is 80% of 680?
  33. 33.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
  34. 34.A watch bought for ₹3800 is sold for ₹3230. What is the loss per cent?
  35. 35.A cycle bought for ₹400 is sold for ₹600. What is the profit per cent?
  36. 36.What is the simple interest on ₹3300 at 3% per year for 2 years (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹50 to ₹25. What is the percentage decrease?
  38. 38.A sewing machine costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
  39. 39.A mobile phone costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
  40. 40.The price of a pair of shoes changed from ₹40 to ₹30. What is the percentage decrease?

Answer key

  1. 273
  2. 30
  3. 10
  4. 3230
  5. 256
  6. 1232
  7. 2376
  8. 40
  9. 45
  10. 120
  11. 30
  12. 5300
  13. 2916
  14. 140
  15. 50
  16. 396
  17. 30
  18. 2970
  19. 20
  20. 1232
  21. 15
  22. 60
  23. 318
  24. 348
  25. 848
  26. 576
  27. 25
  28. 14
  29. 210
  30. 3060
  31. 3000
  32. 544
  33. 2
  34. 15
  35. 50
  36. 198
  37. 50
  38. 2875
  39. 2552
  40. 25

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