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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 268 · 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 cricket kit costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
  2. 2.What is 20% of 760?
  3. 3.What is 85% of 520?
  4. 4.What is 70% of 820?
  5. 5.What is the amount (principal + simple interest) on ₹7900 at 4% per year for 4 years (in ₹)?
  6. 6.A mobile phone costs ₹2400. It is sold at a 12% profit. What is the selling price (in ₹)?
  7. 7.A mobile phone costs ₹2900. It is sold at a 5% loss. What is the selling price (in ₹)?
  8. 8.What is 15% of 440?
  9. 9.What is 20% of 700?
  10. 10.What is the simple interest on ₹9900 at 2% per year for 5 years (in ₹)?
  11. 11.A shopkeeper buys a table for ₹450 and sells it for ₹600. What is the profit (in ₹)?
  12. 12.The price of a box of mangoes changed from ₹20 to ₹2. What is the percentage decrease?
  13. 13.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 2 years (in ₹)?
  15. 15.What is the simple interest on ₹6800 at 9% per year for 2 years (in ₹)?
  16. 16.What is 40% of 820?
  17. 17.What is 30% of 700?
  18. 18.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2980. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹3900 at 2% per year for 1 year (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2530. What is the loss (in ₹)?
  21. 21.What is 80% of 440?
  22. 22.What is the simple interest on ₹2000 at 9% per year for 4 years (in ₹)?
  23. 23.What is 95% of 980?
  24. 24.What is 25% of 500?
  25. 25.A table bought for ₹1100 is sold for ₹1650. What is the profit per cent?
  26. 26.What is the amount (principal + simple interest) on ₹7400 at 6% per year for 5 years (in ₹)?
  27. 27.A mobile phone costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
  28. 28.What is 65% of 480?
  29. 29.A shopkeeper buys a table for ₹2500 and sells it for ₹2620. What is the profit (in ₹)?
  30. 30.A table bought for ₹1300 is sold for ₹1430. What is the profit per cent?
  31. 31.The price of a school bag changed from ₹80 to ₹88. What is the percentage increase?
  32. 32.A shopkeeper buys a table for ₹1300 and sells it for ₹1590. What is the profit (in ₹)?
  33. 33.A cricket kit bought for ₹2900 is sold for ₹3248. What is the profit per cent?
  34. 34.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹860. What is the loss (in ₹)?
  35. 35.A cricket kit costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
  36. 36.The price of a pair of shoes changed from ₹50 to ₹20. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹9800 at 8% per year for 5 years (in ₹)?
  38. 38.A cricket kit bought for ₹3700 is sold for ₹2590. What is the loss per cent?
  39. 39.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 2 years (in ₹)?
  40. 40.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1230. What is the profit (in ₹)?

Answer key

  1. 1008
  2. 152
  3. 442
  4. 574
  5. 9164
  6. 2688
  7. 2755
  8. 66
  9. 140
  10. 990
  11. 150
  12. 90
  13. 40
  14. 3888
  15. 1224
  16. 328
  17. 210
  18. 180
  19. 78
  20. 220
  21. 352
  22. 720
  23. 931
  24. 125
  25. 50
  26. 9620
  27. 375
  28. 312
  29. 120
  30. 10
  31. 10
  32. 290
  33. 12
  34. 40
  35. 3190
  36. 60
  37. 13720
  38. 30
  39. 9010
  40. 280

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