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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 28 · 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 ₹2300 at 5% per year for 2 years (in ₹)?
  2. 2.What is the simple interest on ₹6400 at 5% per year for 4 years (in ₹)?
  3. 3.A table bought for ₹900 is sold for ₹990. What is the profit per cent?
  4. 4.The price of a cricket ball changed from ₹100 to ₹98. What is the percentage decrease?
  5. 5.What is the amount (principal + simple interest) on ₹800 at 9% per year for 1 year (in ₹)?
  6. 6.What is 45% of 520?
  7. 7.What is the amount (principal + simple interest) on ₹2300 at 12% per year for 3 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 2 years (in ₹)?
  9. 9.A mobile phone costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹6200 at 2% per year for 5 years (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹1950 and sells it for ₹1660. What is the loss (in ₹)?
  12. 12.The price of a bus pass changed from ₹20 to ₹19. What is the percentage decrease?
  13. 13.The price of a school bag changed from ₹100 to ₹50. What is the percentage decrease?
  14. 14.A fan bought for ₹3300 is sold for ₹3135. What is the loss per cent?
  15. 15.A mobile phone bought for ₹3800 is sold for ₹5700. What is the profit per cent?
  16. 16.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹1000. What is the profit (in ₹)?
  17. 17.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹600 at 12% per year for 2 years (in ₹)?
  19. 19.A cycle bought for ₹2400 is sold for ₹2640. What is the profit per cent?
  20. 20.The price of a bus pass changed from ₹20 to ₹4. What is the percentage decrease?
  21. 21.A fan bought for ₹900 is sold for ₹792. What is the loss per cent?
  22. 22.The price of a school bag changed from ₹250 to ₹450. What is the percentage increase?
  23. 23.What is the simple interest on ₹7500 at 3% per year for 3 years (in ₹)?
  24. 24.What is 85% of 980?
  25. 25.The price of a water bottle changed from ₹400 to ₹760. What is the percentage increase?
  26. 26.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 2 years (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹50 to ₹70. What is the percentage increase?
  28. 28.A table bought for ₹1100 is sold for ₹1210. What is the profit per cent?
  29. 29.A cricket kit bought for ₹2000 is sold for ₹1800. What is the loss per cent?
  30. 30.What is the amount (principal + simple interest) on ₹3700 at 4% per year for 4 years (in ₹)?
  31. 31.A mobile phone bought for ₹2400 is sold for ₹3120. What is the profit per cent?
  32. 32.A shopkeeper buys a table for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
  33. 33.A cooler bought for ₹2000 is sold for ₹2800. What is the profit per cent?
  34. 34.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹870. What is the loss (in ₹)?
  35. 35.What is 45% of 280?
  36. 36.The price of a bus pass changed from ₹200 to ₹20. What is the percentage decrease?
  37. 37.A cycle costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹5600 at 5% per year for 3 years (in ₹)?
  39. 39.A cooler costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹300 and sells it for ₹320. What is the profit (in ₹)?

Answer key

  1. 2530
  2. 1280
  3. 10
  4. 2
  5. 872
  6. 234
  7. 3128
  8. 8798
  9. 750
  10. 6820
  11. 290
  12. 5
  13. 50
  14. 5
  15. 50
  16. 250
  17. 20
  18. 744
  19. 10
  20. 80
  21. 12
  22. 80
  23. 675
  24. 833
  25. 90
  26. 2850
  27. 40
  28. 10
  29. 10
  30. 4292
  31. 30
  32. 30
  33. 40
  34. 30
  35. 126
  36. 90
  37. 1330
  38. 6440
  39. 1904
  40. 20

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