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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 373 · 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 pair of shoes changed from ₹80 to ₹48. What is the percentage decrease?
  2. 2.What is the amount (principal + simple interest) on ₹700 at 11% per year for 5 years (in ₹)?
  3. 3.A cycle costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a watch for ₹550 and sells it for ₹570. What is the profit (in ₹)?
  5. 5.The price of a pair of shoes changed from ₹500 to ₹525. What is the percentage increase?
  6. 6.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1630. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1260. What is the loss (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹9100 at 7% per year for 4 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹7500 at 9% per year for 3 years (in ₹)?
  10. 10.The price of a bus pass changed from ₹500 to ₹950. What is the percentage increase?
  11. 11.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1540. What is the loss (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹6400 at 8% per year for 3 years (in ₹)?
  13. 13.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
  14. 14.The price of a school bag changed from ₹80 to ₹64. What is the percentage decrease?
  15. 15.A cycle bought for ₹600 is sold for ₹630. What is the profit per cent?
  16. 16.A mobile phone bought for ₹3900 is sold for ₹3705. What is the loss per cent?
  17. 17.A shopkeeper buys a cycle for ₹650 and sells it for ₹480. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹8100 at 10% per year for 3 years (in ₹)?
  19. 19.A fan bought for ₹1900 is sold for ₹2850. What is the profit per cent?
  20. 20.A fan bought for ₹3100 is sold for ₹2635. What is the loss per cent?
  21. 21.A shopkeeper buys a table for ₹1950 and sells it for ₹1680. What is the loss (in ₹)?
  22. 22.A fan costs ₹3300. It is sold at a 15% loss. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹7000 at 7% per year for 4 years (in ₹)?
  24. 24.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
  25. 25.What is 40% of 180?
  26. 26.The price of a school bag changed from ₹40 to ₹56. What is the percentage increase?
  27. 27.A table bought for ₹2700 is sold for ₹4050. What is the profit per cent?
  28. 28.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹1600. What is the loss (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹1600 at 8% per year for 2 years (in ₹)?
  30. 30.What is 95% of 280?
  31. 31.A watch costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹3100 at 8% per year for 2 years (in ₹)?
  33. 33.What is 35% of 880?
  34. 34.The price of a bus pass changed from ₹80 to ₹64. What is the percentage decrease?
  35. 35.A fan bought for ₹700 is sold for ₹784. What is the profit per cent?
  36. 36.The price of a cricket ball changed from ₹400 to ₹396. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 1 year (in ₹)?
  38. 38.The price of a pair of shoes changed from ₹250 to ₹275. What is the percentage increase?
  39. 39.What is the simple interest on ₹1000 at 12% per year for 2 years (in ₹)?
  40. 40.What is the simple interest on ₹9100 at 7% per year for 2 years (in ₹)?

Answer key

  1. 40
  2. 1085
  3. 1275
  4. 20
  5. 5
  6. 220
  7. 140
  8. 11648
  9. 9525
  10. 90
  11. 60
  12. 7936
  13. 60
  14. 20
  15. 5
  16. 5
  17. 170
  18. 10530
  19. 50
  20. 15
  21. 270
  22. 2805
  23. 1960
  24. 25
  25. 72
  26. 40
  27. 50
  28. 250
  29. 1856
  30. 266
  31. 3990
  32. 3596
  33. 308
  34. 20
  35. 12
  36. 1
  37. 8748
  38. 10
  39. 240
  40. 1274

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