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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 508 · 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.What is the simple interest on ₹9600 at 4% per year for 2 years (in ₹)?
  2. 2.The price of a cricket ball changed from ₹100 to ₹95. What is the percentage decrease?
  3. 3.What is 20% of 200?
  4. 4.A table bought for ₹1100 is sold for ₹550. What is the loss per cent?
  5. 5.What is 40% of 860?
  6. 6.What is 15% of 520?
  7. 7.The price of a school bag changed from ₹100 to ₹98. What is the percentage decrease?
  8. 8.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
  9. 9.What is 65% of 740?
  10. 10.What is the amount (principal + simple interest) on ₹3800 at 11% per year for 5 years (in ₹)?
  11. 11.A mobile phone bought for ₹3500 is sold for ₹2975. What is the loss per cent?
  12. 12.The price of a cricket ball changed from ₹500 to ₹100. What is the percentage decrease?
  13. 13.What is the simple interest on ₹8000 at 11% per year for 1 year (in ₹)?
  14. 14.The price of a box of mangoes changed from ₹80 to ₹72. What is the percentage decrease?
  15. 15.The price of a water bottle changed from ₹250 to ₹25. What is the percentage decrease?
  16. 16.The price of a school bag changed from ₹250 to ₹150. What is the percentage decrease?
  17. 17.What is 10% of 700?
  18. 18.The price of a school bag changed from ₹200 to ₹210. What is the percentage increase?
  19. 19.What is the simple interest on ₹1000 at 8% per year for 5 years (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹230. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a fan for ₹1700 and sells it for ₹1680. What is the loss (in ₹)?
  22. 22.A sewing machine costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  23. 23.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
  24. 24.The price of a pair of shoes changed from ₹200 to ₹300. What is the percentage increase?
  25. 25.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 3 years (in ₹)?
  26. 26.A mobile phone costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹20 to ₹2. What is the percentage decrease?
  28. 28.What is 85% of 720?
  29. 29.The price of a pair of shoes changed from ₹400 to ₹600. What is the percentage increase?
  30. 30.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2700. What is the profit (in ₹)?
  31. 31.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  32. 32.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1010. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹200 and sells it for ₹190. What is the loss (in ₹)?
  34. 34.What is the simple interest on ₹1400 at 7% per year for 1 year (in ₹)?
  35. 35.A table costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹5900 at 8% per year for 5 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹6700 at 5% per year for 3 years (in ₹)?
  38. 38.What is the simple interest on ₹9400 at 6% per year for 1 year (in ₹)?
  39. 39.A cycle costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
  40. 40.A cycle costs ₹1900. It is sold at a 20% profit. What is the selling price (in ₹)?

Answer key

  1. 768
  2. 5
  3. 40
  4. 50
  5. 344
  6. 78
  7. 2
  8. 40
  9. 481
  10. 5890
  11. 15
  12. 80
  13. 880
  14. 10
  15. 90
  16. 40
  17. 70
  18. 5
  19. 400
  20. 20
  21. 20
  22. 2520
  23. 75
  24. 50
  25. 3894
  26. 560
  27. 90
  28. 612
  29. 50
  30. 200
  31. 40
  32. 240
  33. 10
  34. 98
  35. 1035
  36. 2360
  37. 7705
  38. 564
  39. 2600
  40. 2280

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