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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 191 · 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.A sewing machine bought for ₹400 is sold for ₹380. What is the loss per cent?
  2. 2.The price of a box of mangoes changed from ₹80 to ₹88. What is the percentage increase?
  3. 3.What is the amount (principal + simple interest) on ₹1400 at 10% per year for 4 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹700 at 9% per year for 5 years (in ₹)?
  5. 5.A watch costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
  6. 6.What is 90% of 360?
  7. 7.A fan costs ₹3700. It is sold at a 15% profit. What is the selling price (in ₹)?
  8. 8.The price of a bus pass changed from ₹250 to ₹150. What is the percentage decrease?
  9. 9.The price of a bus pass changed from ₹200 to ₹180. What is the percentage decrease?
  10. 10.What is the amount (principal + simple interest) on ₹3300 at 5% per year for 5 years (in ₹)?
  11. 11.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹1690. What is the loss (in ₹)?
  12. 12.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
  13. 13.A shopkeeper buys a cooler for ₹1900 and sells it for ₹2010. What is the profit (in ₹)?
  14. 14.What is the simple interest on ₹3500 at 12% per year for 1 year (in ₹)?
  15. 15.A sewing machine costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹2800 and sells it for ₹2640. What is the loss (in ₹)?
  17. 17.A shopkeeper buys a table for ₹2500 and sells it for ₹2610. What is the profit (in ₹)?
  18. 18.A shopkeeper buys a fan for ₹750 and sells it for ₹560. What is the loss (in ₹)?
  19. 19.What is 35% of 620?
  20. 20.What is the amount (principal + simple interest) on ₹9900 at 2% per year for 2 years (in ₹)?
  21. 21.What is the simple interest on ₹1900 at 10% per year for 1 year (in ₹)?
  22. 22.A watch bought for ₹1000 is sold for ₹750. What is the loss per cent?
  23. 23.What is the amount (principal + simple interest) on ₹5600 at 3% per year for 2 years (in ₹)?
  24. 24.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
  25. 25.A shopkeeper buys a watch for ₹1300 and sells it for ₹1080. What is the loss (in ₹)?
  26. 26.A cooler bought for ₹3400 is sold for ₹2380. What is the loss per cent?
  27. 27.The price of a pair of shoes changed from ₹250 to ₹200. What is the percentage decrease?
  28. 28.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2960. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹3600 at 6% per year for 5 years (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹3900 at 4% per year for 4 years (in ₹)?
  31. 31.What is 90% of 760?
  32. 32.A mobile phone costs ₹2300. It is sold at a 10% profit. What is the selling price (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹3200 at 6% per year for 3 years (in ₹)?
  34. 34.The price of a school bag changed from ₹100 to ₹105. What is the percentage increase?
  35. 35.A cycle costs ₹2600. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.What is 85% of 260?
  37. 37.A fan costs ₹1500. It is sold at a 30% loss. What is the selling price (in ₹)?
  38. 38.A table bought for ₹1800 is sold for ₹1710. What is the loss per cent?
  39. 39.What is the amount (principal + simple interest) on ₹2200 at 3% per year for 4 years (in ₹)?
  40. 40.The price of a cricket ball changed from ₹40 to ₹60. What is the percentage increase?

Answer key

  1. 5
  2. 10
  3. 1960
  4. 1015
  5. 2185
  6. 324
  7. 4255
  8. 40
  9. 10
  10. 4125
  11. 260
  12. 75
  13. 110
  14. 420
  15. 1350
  16. 160
  17. 110
  18. 190
  19. 217
  20. 10296
  21. 190
  22. 25
  23. 5936
  24. 20
  25. 220
  26. 30
  27. 20
  28. 60
  29. 1080
  30. 4524
  31. 684
  32. 2530
  33. 3776
  34. 5
  35. 2912
  36. 221
  37. 1050
  38. 5
  39. 2464
  40. 50

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