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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 86 · 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 water bottle changed from ₹250 to ₹275. What is the percentage increase?
  2. 2.A cooler costs ₹1200. It is sold at a 30% profit. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹4100 at 12% per year for 2 years (in ₹)?
  4. 4.A cycle costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  5. 5.A cricket kit bought for ₹3500 is sold for ₹3920. What is the profit per cent?
  6. 6.A mobile phone bought for ₹2400 is sold for ₹2520. What is the profit per cent?
  7. 7.A shopkeeper buys a cooler for ₹500 and sells it for ₹800. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹500 at 9% per year for 4 years (in ₹)?
  9. 9.What is the simple interest on ₹2600 at 4% per year for 1 year (in ₹)?
  10. 10.A cooler bought for ₹3600 is sold for ₹2520. What is the loss per cent?
  11. 11.A sewing machine costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
  12. 12.The price of a cricket ball changed from ₹250 to ₹325. What is the percentage increase?
  13. 13.The price of a bus pass changed from ₹50 to ₹60. What is the percentage increase?
  14. 14.What is the simple interest on ₹6100 at 10% per year for 4 years (in ₹)?
  15. 15.A watch bought for ₹1100 is sold for ₹1232. What is the profit per cent?
  16. 16.What is 70% of 540?
  17. 17.What is the simple interest on ₹7400 at 8% per year for 5 years (in ₹)?
  18. 18.What is 70% of 160?
  19. 19.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1270. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹3700 at 3% per year for 4 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹6600 at 6% per year for 1 year (in ₹)?
  22. 22.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
  23. 23.A mobile phone bought for ₹2600 is sold for ₹2730. What is the profit per cent?
  24. 24.The price of a cricket ball changed from ₹250 to ₹50. What is the percentage decrease?
  25. 25.What is the simple interest on ₹3500 at 8% per year for 1 year (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2490. What is the profit (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 4 years (in ₹)?
  28. 28.A shopkeeper buys a cooler for ₹300 and sells it for ₹360. What is the profit (in ₹)?
  29. 29.A fan bought for ₹700 is sold for ₹420. What is the loss per cent?
  30. 30.What is 95% of 960?
  31. 31.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1850. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1090. What is the loss (in ₹)?
  33. 33.What is 85% of 400?
  34. 34.A cooler bought for ₹2000 is sold for ₹2200. What is the profit per cent?
  35. 35.A shopkeeper buys a fan for ₹1050 and sells it for ₹840. What is the loss (in ₹)?
  36. 36.What is the simple interest on ₹7800 at 9% per year for 3 years (in ₹)?
  37. 37.The price of a cricket ball changed from ₹500 to ₹495. What is the percentage decrease?
  38. 38.A watch bought for ₹1000 is sold for ₹750. What is the loss per cent?
  39. 39.A table bought for ₹1000 is sold for ₹600. What is the loss per cent?
  40. 40.What is 65% of 640?

Answer key

  1. 10
  2. 1560
  3. 984
  4. 450
  5. 12
  6. 5
  7. 300
  8. 680
  9. 104
  10. 30
  11. 480
  12. 30
  13. 20
  14. 2440
  15. 12
  16. 378
  17. 2960
  18. 112
  19. 170
  20. 4144
  21. 6996
  22. 5
  23. 5
  24. 80
  25. 280
  26. 190
  27. 4760
  28. 60
  29. 40
  30. 912
  31. 300
  32. 160
  33. 340
  34. 10
  35. 210
  36. 2106
  37. 1
  38. 25
  39. 40
  40. 416

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