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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 684 · 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 15% of 900?
  2. 2.A shopkeeper buys a watch for ₹1500 and sells it for ₹1590. What is the profit (in ₹)?
  3. 3.What is the simple interest on ₹1800 at 9% per year for 5 years (in ₹)?
  4. 4.The price of a water bottle changed from ₹50 to ₹10. What is the percentage decrease?
  5. 5.The price of a school bag changed from ₹200 to ₹196. What is the percentage decrease?
  6. 6.A shopkeeper buys a fan for ₹650 and sells it for ₹940. What is the profit (in ₹)?
  7. 7.A cricket kit bought for ₹2300 is sold for ₹2024. What is the loss per cent?
  8. 8.A table costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 1 year (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹8200 at 6% per year for 2 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 4 years (in ₹)?
  12. 12.What is the simple interest on ₹3400 at 8% per year for 1 year (in ₹)?
  13. 13.A mobile phone costs ₹900. It is sold at a 25% profit. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 2 years (in ₹)?
  15. 15.What is 95% of 960?
  16. 16.A shopkeeper buys a cooler for ₹800 and sells it for ₹690. What is the loss (in ₹)?
  17. 17.The price of a school bag changed from ₹80 to ₹32. What is the percentage decrease?
  18. 18.What is the simple interest on ₹4600 at 9% per year for 2 years (in ₹)?
  19. 19.What is the simple interest on ₹5400 at 12% per year for 5 years (in ₹)?
  20. 20.A fan bought for ₹2500 is sold for ₹2750. What is the profit per cent?
  21. 21.What is the simple interest on ₹1200 at 8% per year for 2 years (in ₹)?
  22. 22.What is the simple interest on ₹8500 at 8% per year for 1 year (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹2600 at 5% per year for 4 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹8900 at 7% per year for 3 years (in ₹)?
  25. 25.What is 65% of 40?
  26. 26.A watch bought for ₹2900 is sold for ₹3625. What is the profit per cent?
  27. 27.The price of a box of mangoes changed from ₹20 to ₹21. What is the percentage increase?
  28. 28.A mobile phone costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
  29. 29.A fan bought for ₹3900 is sold for ₹5070. What is the profit per cent?
  30. 30.The price of a water bottle changed from ₹40 to ₹48. What is the percentage increase?
  31. 31.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1260. What is the loss (in ₹)?
  32. 32.A cycle bought for ₹3500 is sold for ₹3850. What is the profit per cent?
  33. 33.A table costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  34. 34.A table costs ₹2800. It is sold at a 50% loss. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2800 at 10% per year for 3 years (in ₹)?
  36. 36.A cooler costs ₹1100. It is sold at a 5% profit. What is the selling price (in ₹)?
  37. 37.A cricket kit bought for ₹800 is sold for ₹1000. What is the profit per cent?
  38. 38.A shopkeeper buys a cycle for ₹750 and sells it for ₹510. What is the loss (in ₹)?
  39. 39.A mobile phone costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
  40. 40.What is 45% of 580?

Answer key

  1. 135
  2. 90
  3. 810
  4. 80
  5. 2
  6. 290
  7. 12
  8. 160
  9. 2052
  10. 9184
  11. 3000
  12. 272
  13. 1125
  14. 2596
  15. 912
  16. 110
  17. 60
  18. 828
  19. 3240
  20. 10
  21. 192
  22. 680
  23. 3120
  24. 10769
  25. 26
  26. 25
  27. 5
  28. 3520
  29. 30
  30. 20
  31. 90
  32. 10
  33. 2970
  34. 1400
  35. 3640
  36. 1155
  37. 25
  38. 240
  39. 390
  40. 261

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