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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 358 · 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.The price of a cricket ball changed from ₹20 to ₹28. What is the percentage increase?
  2. 2.The price of a box of mangoes changed from ₹20 to ₹28. What is the percentage increase?
  3. 3.A shopkeeper buys a fan for ₹2450 and sells it for ₹2520. What is the profit (in ₹)?
  4. 4.A sewing machine costs ₹3000. It is sold at a 40% profit. What is the selling price (in ₹)?
  5. 5.A watch costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
  6. 6.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  7. 7.The price of a bus pass changed from ₹80 to ₹60. What is the percentage decrease?
  8. 8.The price of a school bag changed from ₹80 to ₹76. What is the percentage decrease?
  9. 9.What is 10% of 120?
  10. 10.What is the simple interest on ₹6800 at 11% per year for 4 years (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1870. What is the profit (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 4 years (in ₹)?
  13. 13.A cricket kit bought for ₹300 is sold for ₹420. What is the profit per cent?
  14. 14.What is 35% of 120?
  15. 15.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
  16. 16.A cycle bought for ₹2500 is sold for ₹1875. What is the loss per cent?
  17. 17.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 2 years (in ₹)?
  18. 18.What is the simple interest on ₹3500 at 4% per year for 2 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 1 year (in ₹)?
  20. 20.What is 15% of 880?
  21. 21.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
  22. 22.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a watch for ₹1650 and sells it for ₹1790. What is the profit (in ₹)?
  24. 24.A mobile phone bought for ₹3000 is sold for ₹3900. What is the profit per cent?
  25. 25.What is the simple interest on ₹3400 at 12% per year for 3 years (in ₹)?
  26. 26.What is 55% of 760?
  27. 27.A fan bought for ₹2400 is sold for ₹3000. What is the profit per cent?
  28. 28.What is 60% of 540?
  29. 29.What is 70% of 1000?
  30. 30.What is the simple interest on ₹9400 at 5% per year for 3 years (in ₹)?
  31. 31.What is the simple interest on ₹8000 at 3% per year for 2 years (in ₹)?
  32. 32.A cycle costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1550. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹2200 at 2% per year for 1 year (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 5 years (in ₹)?
  36. 36.What is the simple interest on ₹9000 at 12% per year for 5 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹3500 at 2% per year for 2 years (in ₹)?
  38. 38.A fan bought for ₹1800 is sold for ₹900. What is the loss per cent?
  39. 39.A mobile phone costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a cooler for ₹850 and sells it for ₹820. What is the loss (in ₹)?

Answer key

  1. 40
  2. 40
  3. 70
  4. 4200
  5. 4340
  6. 75
  7. 25
  8. 5
  9. 12
  10. 2992
  11. 120
  12. 7668
  13. 40
  14. 42
  15. 80
  16. 25
  17. 3080
  18. 280
  19. 7828
  20. 132
  21. 30
  22. 3472
  23. 140
  24. 30
  25. 1224
  26. 418
  27. 25
  28. 324
  29. 700
  30. 1410
  31. 480
  32. 990
  33. 100
  34. 44
  35. 1800
  36. 5400
  37. 3640
  38. 50
  39. 680
  40. 30

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