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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 115 · 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 school bag changed from ₹250 to ₹50. What is the percentage decrease?
  2. 2.The price of a bus pass changed from ₹100 to ₹80. What is the percentage decrease?
  3. 3.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹640. What is the profit (in ₹)?
  4. 4.What is the simple interest on ₹1500 at 4% per year for 5 years (in ₹)?
  5. 5.A watch costs ₹3300. It is sold at a 15% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹900 and sells it for ₹970. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹2190. What is the profit (in ₹)?
  8. 8.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
  9. 9.What is 45% of 960?
  10. 10.What is 95% of 960?
  11. 11.What is the simple interest on ₹4900 at 7% per year for 1 year (in ₹)?
  12. 12.A shopkeeper buys a cycle for ₹300 and sells it for ₹380. What is the profit (in ₹)?
  13. 13.The price of a bus pass changed from ₹200 to ₹100. What is the percentage decrease?
  14. 14.A fan bought for ₹1900 is sold for ₹1330. What is the loss per cent?
  15. 15.A mobile phone bought for ₹1000 is sold for ₹800. What is the loss per cent?
  16. 16.A shopkeeper buys a fan for ₹1500 and sells it for ₹1340. What is the loss (in ₹)?
  17. 17.What is the simple interest on ₹7200 at 11% per year for 2 years (in ₹)?
  18. 18.A cricket kit costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹550 and sells it for ₹390. What is the loss (in ₹)?
  20. 20.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
  21. 21.What is 80% of 860?
  22. 22.A shopkeeper buys a cooler for ₹700 and sells it for ₹880. What is the profit (in ₹)?
  23. 23.What is 75% of 420?
  24. 24.What is 35% of 980?
  25. 25.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1050. What is the profit (in ₹)?
  26. 26.What is the simple interest on ₹6400 at 12% per year for 3 years (in ₹)?
  27. 27.A cycle costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹190. What is the loss (in ₹)?
  29. 29.The price of a bus pass changed from ₹40 to ₹38. What is the percentage decrease?
  30. 30.What is the amount (principal + simple interest) on ₹7400 at 6% per year for 3 years (in ₹)?
  31. 31.What is 30% of 840?
  32. 32.A sewing machine bought for ₹2600 is sold for ₹2912. What is the profit per cent?
  33. 33.A watch bought for ₹3900 is sold for ₹4290. What is the profit per cent?
  34. 34.What is the simple interest on ₹4700 at 6% per year for 1 year (in ₹)?
  35. 35.A table costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
  36. 36.What is 20% of 500?
  37. 37.What is the amount (principal + simple interest) on ₹7600 at 9% per year for 5 years (in ₹)?
  38. 38.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2400. What is the loss (in ₹)?
  39. 39.What is 15% of 200?
  40. 40.What is the simple interest on ₹8600 at 2% per year for 4 years (in ₹)?

Answer key

  1. 80
  2. 20
  3. 290
  4. 300
  5. 2805
  6. 70
  7. 240
  8. 40
  9. 432
  10. 912
  11. 343
  12. 80
  13. 50
  14. 30
  15. 20
  16. 160
  17. 1584
  18. 2310
  19. 160
  20. 2
  21. 688
  22. 180
  23. 315
  24. 343
  25. 50
  26. 2304
  27. 2250
  28. 210
  29. 5
  30. 8732
  31. 252
  32. 12
  33. 10
  34. 282
  35. 1170
  36. 100
  37. 11020
  38. 150
  39. 30
  40. 688

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