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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 302 · 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 mobile phone costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
  2. 2.A cricket kit costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
  3. 3.A table bought for ₹800 is sold for ₹480. What is the loss per cent?
  4. 4.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1600. What is the profit (in ₹)?
  5. 5.A cricket kit costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹7500 at 11% per year for 5 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 5 years (in ₹)?
  8. 8.What is the simple interest on ₹2900 at 8% per year for 3 years (in ₹)?
  9. 9.A fan costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.A mobile phone costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.A shopkeeper buys a table for ₹850 and sells it for ₹760. What is the loss (in ₹)?
  12. 12.A watch costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹3700 at 6% per year for 1 year (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 3 years (in ₹)?
  15. 15.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
  16. 16.What is the amount (principal + simple interest) on ₹1300 at 11% per year for 4 years (in ₹)?
  17. 17.What is 25% of 260?
  18. 18.What is 95% of 240?
  19. 19.What is 55% of 120?
  20. 20.A fan bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  21. 21.The price of a box of mangoes changed from ₹250 to ₹225. What is the percentage decrease?
  22. 22.A table bought for ₹3200 is sold for ₹2240. What is the loss per cent?
  23. 23.What is the simple interest on ₹9800 at 2% per year for 3 years (in ₹)?
  24. 24.A shopkeeper buys a table for ₹300 and sells it for ₹110. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹4700 at 11% per year for 1 year (in ₹)?
  26. 26.The price of a water bottle changed from ₹200 to ₹50. What is the percentage decrease?
  27. 27.The price of a pair of shoes changed from ₹80 to ₹112. What is the percentage increase?
  28. 28.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1500. What is the profit (in ₹)?
  29. 29.A mobile phone bought for ₹2400 is sold for ₹3000. What is the profit per cent?
  30. 30.What is 25% of 1000?
  31. 31.A shopkeeper buys a cooler for ₹700 and sells it for ₹650. What is the loss (in ₹)?
  32. 32.What is the simple interest on ₹700 at 3% per year for 4 years (in ₹)?
  33. 33.What is 15% of 180?
  34. 34.A shopkeeper buys a fan for ₹2900 and sells it for ₹3120. What is the profit (in ₹)?
  35. 35.What is the simple interest on ₹7900 at 8% per year for 4 years (in ₹)?
  36. 36.A mobile phone bought for ₹2400 is sold for ₹2040. What is the loss per cent?
  37. 37.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1420. What is the loss (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹8600 at 2% per year for 3 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹4400 at 12% per year for 2 years (in ₹)?
  40. 40.The price of a cricket ball changed from ₹80 to ₹152. What is the percentage increase?

Answer key

  1. 910
  2. 990
  3. 40
  4. 100
  5. 672
  6. 11625
  7. 2970
  8. 696
  9. 3168
  10. 1260
  11. 90
  12. 4030
  13. 3922
  14. 1635
  15. 10
  16. 1872
  17. 65
  18. 228
  19. 66
  20. 12
  21. 10
  22. 30
  23. 588
  24. 190
  25. 5217
  26. 75
  27. 40
  28. 150
  29. 25
  30. 250
  31. 50
  32. 84
  33. 27
  34. 220
  35. 2528
  36. 15
  37. 80
  38. 9116
  39. 5456
  40. 90

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