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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 706 · 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 amount (principal + simple interest) on ₹7600 at 6% per year for 2 years (in ₹)?
  2. 2.The price of a cricket ball changed from ₹50 to ₹95. What is the percentage increase?
  3. 3.A table costs ₹2100. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.A cricket kit costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
  5. 5.The price of a school bag changed from ₹200 to ₹160. What is the percentage decrease?
  6. 6.A cricket kit bought for ₹2600 is sold for ₹2912. What is the profit per cent?
  7. 7.A shopkeeper buys a watch for ₹2100 and sells it for ₹2150. What is the profit (in ₹)?
  8. 8.A fan bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  9. 9.A sewing machine bought for ₹3100 is sold for ₹3255. What is the profit per cent?
  10. 10.What is the amount (principal + simple interest) on ₹6100 at 9% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2580. What is the profit (in ₹)?
  12. 12.The price of a bus pass changed from ₹100 to ₹70. What is the percentage decrease?
  13. 13.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹310. What is the profit (in ₹)?
  14. 14.A cycle costs ₹3900. It is sold at a 12% profit. What is the selling price (in ₹)?
  15. 15.A table costs ₹3000. It is sold at a 10% loss. What is the selling price (in ₹)?
  16. 16.The price of a water bottle changed from ₹250 to ₹225. What is the percentage decrease?
  17. 17.What is 20% of 960?
  18. 18.A cricket kit bought for ₹2300 is sold for ₹2530. What is the profit per cent?
  19. 19.What is the simple interest on ₹3800 at 7% per year for 4 years (in ₹)?
  20. 20.What is 10% of 280?
  21. 21.A cricket kit costs ₹3100. It is sold at a 50% profit. What is the selling price (in ₹)?
  22. 22.What is 75% of 480?
  23. 23.What is 90% of 280?
  24. 24.What is 70% of 640?
  25. 25.What is 70% of 680?
  26. 26.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹280. What is the profit (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹9100 at 9% per year for 4 years (in ₹)?
  28. 28.What is the simple interest on ₹4200 at 6% per year for 1 year (in ₹)?
  29. 29.The price of a bus pass changed from ₹40 to ₹76. What is the percentage increase?
  30. 30.A cooler bought for ₹2600 is sold for ₹2470. What is the loss per cent?
  31. 31.A cycle costs ₹1900. It is sold at a 12% profit. What is the selling price (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 2 years (in ₹)?
  33. 33.A cricket kit costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  34. 34.What is 85% of 140?
  35. 35.The price of a pair of shoes changed from ₹80 to ₹112. What is the percentage increase?
  36. 36.A cycle bought for ₹2100 is sold for ₹1260. What is the loss per cent?
  37. 37.What is the simple interest on ₹9500 at 7% per year for 4 years (in ₹)?
  38. 38.A cooler bought for ₹2100 is sold for ₹2352. What is the profit per cent?
  39. 39.A table bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  40. 40.A fan bought for ₹2900 is sold for ₹3625. What is the profit per cent?

Answer key

  1. 8512
  2. 90
  3. 2205
  4. 5850
  5. 20
  6. 12
  7. 50
  8. 20
  9. 5
  10. 6649
  11. 280
  12. 30
  13. 10
  14. 4368
  15. 2700
  16. 10
  17. 192
  18. 10
  19. 1064
  20. 28
  21. 4650
  22. 360
  23. 252
  24. 448
  25. 476
  26. 80
  27. 12376
  28. 252
  29. 90
  30. 5
  31. 2128
  32. 1232
  33. 1100
  34. 119
  35. 40
  36. 40
  37. 2660
  38. 12
  39. 12
  40. 25

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