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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 445 · 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 box of mangoes changed from ₹400 to ₹320. What is the percentage decrease?
  2. 2.The price of a cricket ball changed from ₹80 to ₹20. What is the percentage decrease?
  3. 3.What is the simple interest on ₹7200 at 11% per year for 2 years (in ₹)?
  4. 4.A cycle bought for ₹1800 is sold for ₹2700. What is the profit per cent?
  5. 5.A cooler bought for ₹3100 is sold for ₹3255. What is the profit per cent?
  6. 6.A fan costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
  7. 7.What is 45% of 1000?
  8. 8.What is 20% of 140?
  9. 9.What is the simple interest on ₹7200 at 3% per year for 5 years (in ₹)?
  10. 10.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1300. What is the profit (in ₹)?
  11. 11.What is the simple interest on ₹9900 at 4% per year for 1 year (in ₹)?
  12. 12.What is 90% of 840?
  13. 13.What is 60% of 280?
  14. 14.What is 90% of 400?
  15. 15.A watch costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹6900 at 2% per year for 1 year (in ₹)?
  17. 17.What is 10% of 860?
  18. 18.The price of a cricket ball changed from ₹40 to ₹48. What is the percentage increase?
  19. 19.A mobile phone bought for ₹800 is sold for ₹640. What is the loss per cent?
  20. 20.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1600. What is the loss (in ₹)?
  21. 21.The price of a bus pass changed from ₹250 to ₹245. What is the percentage decrease?
  22. 22.A mobile phone bought for ₹3800 is sold for ₹5320. What is the profit per cent?
  23. 23.A table costs ₹3000. It is sold at a 50% profit. What is the selling price (in ₹)?
  24. 24.A table costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹1400 at 4% per year for 3 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹2100 at 9% per year for 2 years (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹20 to ₹28. What is the percentage increase?
  28. 28.What is 80% of 800?
  29. 29.The price of a bus pass changed from ₹100 to ₹40. What is the percentage decrease?
  30. 30.What is the amount (principal + simple interest) on ₹5400 at 5% per year for 4 years (in ₹)?
  31. 31.A shopkeeper buys a watch for ₹2850 and sells it for ₹3140. What is the profit (in ₹)?
  32. 32.What is 30% of 160?
  33. 33.What is 45% of 760?
  34. 34.What is the simple interest on ₹4000 at 6% per year for 3 years (in ₹)?
  35. 35.A shopkeeper buys a table for ₹850 and sells it for ₹750. What is the loss (in ₹)?
  36. 36.What is the simple interest on ₹4000 at 6% per year for 4 years (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹100 to ₹90. What is the percentage decrease?
  38. 38.A fan costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
  39. 39.What is the simple interest on ₹7400 at 11% per year for 2 years (in ₹)?
  40. 40.A cricket kit bought for ₹2300 is sold for ₹2024. What is the loss per cent?

Answer key

  1. 20
  2. 75
  3. 1584
  4. 50
  5. 5
  6. 6000
  7. 450
  8. 28
  9. 1080
  10. 200
  11. 396
  12. 756
  13. 168
  14. 360
  15. 3136
  16. 138
  17. 86
  18. 20
  19. 20
  20. 150
  21. 2
  22. 40
  23. 4500
  24. 1265
  25. 168
  26. 2478
  27. 40
  28. 640
  29. 60
  30. 6480
  31. 290
  32. 48
  33. 342
  34. 720
  35. 100
  36. 960
  37. 10
  38. 3168
  39. 1628
  40. 12

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