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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 880 · 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 ₹8600 at 11% per year for 5 years (in ₹)?
  2. 2.What is 60% of 120?
  3. 3.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2210. What is the profit (in ₹)?
  4. 4.A shopkeeper buys a table for ₹2350 and sells it for ₹2200. What is the loss (in ₹)?
  5. 5.What is 85% of 40?
  6. 6.A cooler costs ₹2800. It is sold at a 50% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2310. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹6600 at 8% per year for 1 year (in ₹)?
  9. 9.A cricket kit costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.What is the simple interest on ₹5900 at 2% per year for 2 years (in ₹)?
  11. 11.The price of a cricket ball changed from ₹500 to ₹700. What is the percentage increase?
  12. 12.What is the amount (principal + simple interest) on ₹2700 at 6% per year for 2 years (in ₹)?
  13. 13.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?
  14. 14.A shopkeeper buys a cooler for ₹1200 and sells it for ₹990. What is the loss (in ₹)?
  15. 15.What is 5% of 900?
  16. 16.A shopkeeper buys a table for ₹1200 and sells it for ₹1310. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a table for ₹1050 and sells it for ₹1090. What is the profit (in ₹)?
  18. 18.A cooler costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  19. 19.The price of a bus pass changed from ₹40 to ₹52. What is the percentage increase?
  20. 20.A shopkeeper buys a cycle for ₹200 and sells it for ₹180. What is the loss (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹2300 at 3% per year for 2 years (in ₹)?
  22. 22.The price of a water bottle changed from ₹40 to ₹70. What is the percentage increase?
  23. 23.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2220. What is the loss (in ₹)?
  24. 24.A fan costs ₹800. It is sold at a 30% loss. What is the selling price (in ₹)?
  25. 25.What is 70% of 920?
  26. 26.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2150. What is the profit (in ₹)?
  27. 27.What is the simple interest on ₹9700 at 6% per year for 5 years (in ₹)?
  28. 28.A fan costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  29. 29.The price of a bus pass changed from ₹80 to ₹88. What is the percentage increase?
  30. 30.The price of a cricket ball changed from ₹50 to ₹35. What is the percentage decrease?
  31. 31.What is the amount (principal + simple interest) on ₹5100 at 3% per year for 2 years (in ₹)?
  32. 32.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2560. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a table for ₹750 and sells it for ₹780. What is the profit (in ₹)?
  34. 34.A fan bought for ₹1400 is sold for ₹1540. What is the profit per cent?
  35. 35.What is the simple interest on ₹800 at 3% per year for 1 year (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2300 at 12% per year for 1 year (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹250 to ₹350. What is the percentage increase?
  38. 38.A shopkeeper buys a table for ₹1100 and sells it for ₹1170. What is the profit (in ₹)?
  39. 39.The price of a water bottle changed from ₹250 to ₹300. What is the percentage increase?
  40. 40.What is 70% of 900?

Answer key

  1. 13330
  2. 72
  3. 160
  4. 150
  5. 34
  6. 1400
  7. 210
  8. 7128
  9. 1584
  10. 236
  11. 40
  12. 3024
  13. 25
  14. 210
  15. 45
  16. 110
  17. 40
  18. 3990
  19. 30
  20. 20
  21. 2438
  22. 75
  23. 130
  24. 560
  25. 644
  26. 100
  27. 2910
  28. 630
  29. 10
  30. 30
  31. 5406
  32. 40
  33. 30
  34. 10
  35. 24
  36. 2576
  37. 40
  38. 70
  39. 20
  40. 630

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