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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 293 · 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 45% of 100?
  2. 2.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
  3. 3.What is the simple interest on ₹3100 at 7% per year for 5 years (in ₹)?
  4. 4.What is the simple interest on ₹6800 at 3% per year for 4 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹6000 at 5% per year for 2 years (in ₹)?
  6. 6.What is 70% of 320?
  7. 7.A shopkeeper buys a fan for ₹1150 and sells it for ₹1440. What is the profit (in ₹)?
  8. 8.A fan costs ₹2000. It is sold at a 5% loss. What is the selling price (in ₹)?
  9. 9.What is the simple interest on ₹6400 at 8% per year for 2 years (in ₹)?
  10. 10.A sewing machine costs ₹1900. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a fan for ₹2700 and sells it for ₹2530. What is the loss (in ₹)?
  12. 12.What is the simple interest on ₹1800 at 4% per year for 4 years (in ₹)?
  13. 13.What is 95% of 40?
  14. 14.The price of a school bag changed from ₹400 to ₹720. What is the percentage increase?
  15. 15.What is the simple interest on ₹5100 at 9% per year for 3 years (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹1150 and sells it for ₹1090. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 1 year (in ₹)?
  18. 18.A table bought for ₹1100 is sold for ₹990. What is the loss per cent?
  19. 19.What is the simple interest on ₹7700 at 10% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹50. What is the loss (in ₹)?
  21. 21.A cycle bought for ₹200 is sold for ₹240. What is the profit per cent?
  22. 22.A cricket kit bought for ₹1500 is sold for ₹1350. What is the loss per cent?
  23. 23.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2160. What is the profit (in ₹)?
  24. 24.A cycle bought for ₹900 is sold for ₹1260. What is the profit per cent?
  25. 25.What is the simple interest on ₹6200 at 7% per year for 3 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹3900 at 8% per year for 1 year (in ₹)?
  27. 27.What is the simple interest on ₹8000 at 2% per year for 2 years (in ₹)?
  28. 28.The price of a bus pass changed from ₹200 to ₹350. What is the percentage increase?
  29. 29.What is 5% of 720?
  30. 30.What is 95% of 900?
  31. 31.A cycle bought for ₹1400 is sold for ₹2100. What is the profit per cent?
  32. 32.A mobile phone costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2180. What is the profit (in ₹)?
  34. 34.What is 25% of 160?
  35. 35.What is the amount (principal + simple interest) on ₹2100 at 12% per year for 2 years (in ₹)?
  36. 36.A shopkeeper buys a watch for ₹2650 and sells it for ₹2540. What is the loss (in ₹)?
  37. 37.What is 15% of 540?
  38. 38.The price of a bus pass changed from ₹20 to ₹21. What is the percentage increase?
  39. 39.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
  40. 40.The price of a school bag changed from ₹80 to ₹20. What is the percentage decrease?

Answer key

  1. 45
  2. 5
  3. 1085
  4. 816
  5. 6600
  6. 224
  7. 290
  8. 1900
  9. 1024
  10. 2128
  11. 170
  12. 288
  13. 38
  14. 80
  15. 1377
  16. 60
  17. 9894
  18. 10
  19. 2310
  20. 200
  21. 20
  22. 10
  23. 260
  24. 40
  25. 1302
  26. 4212
  27. 320
  28. 75
  29. 36
  30. 855
  31. 50
  32. 2520
  33. 80
  34. 40
  35. 2604
  36. 110
  37. 81
  38. 5
  39. 30
  40. 75

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