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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 417 · 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 school bag changed from ₹250 to ₹100. What is the percentage decrease?
  2. 2.A cycle costs ₹3800. It is sold at a 30% loss. What is the selling price (in ₹)?
  3. 3.What is the simple interest on ₹9500 at 12% per year for 1 year (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 3 years (in ₹)?
  5. 5.The price of a school bag changed from ₹20 to ₹18. What is the percentage decrease?
  6. 6.A table costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
  7. 7.A sewing machine costs ₹1900. It is sold at a 5% profit. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹2600 at 4% per year for 4 years (in ₹)?
  9. 9.What is the simple interest on ₹2100 at 3% per year for 4 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹2500 at 4% per year for 4 years (in ₹)?
  11. 11.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹2860. What is the loss (in ₹)?
  12. 12.What is 90% of 180?
  13. 13.The price of a bus pass changed from ₹250 to ₹50. What is the percentage decrease?
  14. 14.What is the simple interest on ₹5600 at 11% per year for 1 year (in ₹)?
  15. 15.A cooler costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
  16. 16.What is 90% of 420?
  17. 17.A shopkeeper buys a sewing machine for ₹2950 and sells it for ₹2840. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹2400 at 9% per year for 2 years (in ₹)?
  19. 19.The price of a pair of shoes changed from ₹40 to ₹70. What is the percentage increase?
  20. 20.What is 45% of 720?
  21. 21.What is 25% of 620?
  22. 22.What is the amount (principal + simple interest) on ₹8300 at 2% per year for 5 years (in ₹)?
  23. 23.A shopkeeper buys a cooler for ₹1000 and sells it for ₹1030. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹8000 at 11% per year for 2 years (in ₹)?
  25. 25.The price of a water bottle changed from ₹40 to ₹16. What is the percentage decrease?
  26. 26.A fan bought for ₹3300 is sold for ₹2640. What is the loss per cent?
  27. 27.A shopkeeper buys a table for ₹1700 and sells it for ₹1760. What is the profit (in ₹)?
  28. 28.A cycle bought for ₹1800 is sold for ₹2520. What is the profit per cent?
  29. 29.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  30. 30.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1210. What is the profit (in ₹)?
  31. 31.What is the simple interest on ₹7900 at 2% per year for 5 years (in ₹)?
  32. 32.A mobile phone bought for ₹600 is sold for ₹450. What is the loss per cent?
  33. 33.A shopkeeper buys a cooler for ₹650 and sells it for ₹740. What is the profit (in ₹)?
  34. 34.What is 65% of 480?
  35. 35.A fan costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.What is 35% of 860?
  37. 37.The price of a pair of shoes changed from ₹100 to ₹20. What is the percentage decrease?
  38. 38.A fan bought for ₹300 is sold for ₹450. What is the profit per cent?
  39. 39.A cricket kit costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.What is the simple interest on ₹9400 at 11% per year for 3 years (in ₹)?

Answer key

  1. 60
  2. 2660
  3. 1140
  4. 1560
  5. 10
  6. 600
  7. 1995
  8. 3016
  9. 252
  10. 2900
  11. 140
  12. 162
  13. 80
  14. 616
  15. 1425
  16. 378
  17. 110
  18. 2832
  19. 75
  20. 324
  21. 155
  22. 9130
  23. 30
  24. 1760
  25. 60
  26. 20
  27. 60
  28. 40
  29. 20
  30. 10
  31. 790
  32. 25
  33. 90
  34. 312
  35. 2904
  36. 301
  37. 80
  38. 50
  39. 5100
  40. 3102

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