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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 974 · 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 pair of shoes changed from ₹40 to ₹44. What is the percentage increase?
  2. 2.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹880. What is the profit (in ₹)?
  3. 3.A watch costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
  5. 5.What is 55% of 860?
  6. 6.A cooler costs ₹3000. It is sold at a 10% loss. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹6400 at 11% per year for 1 year (in ₹)?
  8. 8.What is the simple interest on ₹8700 at 3% per year for 4 years (in ₹)?
  9. 9.The price of a school bag changed from ₹500 to ₹510. What is the percentage increase?
  10. 10.What is 40% of 720?
  11. 11.A sewing machine bought for ₹1300 is sold for ₹1430. What is the profit per cent?
  12. 12.What is the simple interest on ₹3700 at 9% per year for 3 years (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹2200 and sells it for ₹2270. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1020. What is the loss (in ₹)?
  15. 15.A cycle bought for ₹3500 is sold for ₹2975. What is the loss per cent?
  16. 16.A shopkeeper buys a watch for ₹550 and sells it for ₹310. What is the loss (in ₹)?
  17. 17.What is 55% of 620?
  18. 18.What is 70% of 640?
  19. 19.A shopkeeper buys a fan for ₹1900 and sells it for ₹1970. What is the profit (in ₹)?
  20. 20.A fan costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
  21. 21.What is 70% of 760?
  22. 22.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹10. What is the loss (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3900 at 10% per year for 4 years (in ₹)?
  24. 24.A cycle costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
  25. 25.The price of a school bag changed from ₹400 to ₹200. What is the percentage decrease?
  26. 26.What is the simple interest on ₹4000 at 8% per year for 3 years (in ₹)?
  27. 27.What is the simple interest on ₹5100 at 11% per year for 5 years (in ₹)?
  28. 28.A shopkeeper buys a fan for ₹2300 and sells it for ₹2090. What is the loss (in ₹)?
  29. 29.What is 25% of 500?
  30. 30.A cricket kit costs ₹1500. It is sold at a 25% loss. What is the selling price (in ₹)?
  31. 31.A mobile phone bought for ₹2200 is sold for ₹2420. What is the profit per cent?
  32. 32.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2360. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹5900 at 2% per year for 2 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹8400 at 9% per year for 4 years (in ₹)?
  35. 35.A mobile phone costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹1600 at 3% per year for 4 years (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹20 to ₹16. What is the percentage decrease?
  38. 38.What is the amount (principal + simple interest) on ₹4900 at 11% per year for 2 years (in ₹)?
  39. 39.A table bought for ₹3500 is sold for ₹3675. What is the profit per cent?
  40. 40.A watch costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 180
  3. 2970
  4. 20
  5. 473
  6. 2700
  7. 7104
  8. 1044
  9. 2
  10. 288
  11. 10
  12. 999
  13. 70
  14. 80
  15. 15
  16. 240
  17. 341
  18. 448
  19. 70
  20. 1710
  21. 532
  22. 190
  23. 5460
  24. 960
  25. 50
  26. 960
  27. 2805
  28. 210
  29. 125
  30. 1125
  31. 10
  32. 90
  33. 6136
  34. 11424
  35. 3740
  36. 1792
  37. 20
  38. 5978
  39. 5
  40. 1760

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