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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 547 · 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 amount (principal + simple interest) on ₹6200 at 6% per year for 2 years (in ₹)?
  2. 2.A shopkeeper buys a cooler for ₹2000 and sells it for ₹2150. What is the profit (in ₹)?
  3. 3.A mobile phone costs ₹1000. It is sold at a 50% loss. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹3400 at 7% per year for 2 years (in ₹)?
  5. 5.The price of a school bag changed from ₹500 to ₹450. What is the percentage decrease?
  6. 6.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
  7. 7.What is 20% of 480?
  8. 8.What is 40% of 200?
  9. 9.What is 15% of 1000?
  10. 10.A cooler costs ₹3000. It is sold at a 10% loss. What is the selling price (in ₹)?
  11. 11.What is 95% of 240?
  12. 12.What is 45% of 920?
  13. 13.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2120. What is the loss (in ₹)?
  14. 14.A cooler costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
  15. 15.The price of a bus pass changed from ₹50 to ₹45. What is the percentage decrease?
  16. 16.What is 20% of 180?
  17. 17.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2710. What is the loss (in ₹)?
  18. 18.What is 60% of 40?
  19. 19.A table bought for ₹3600 is sold for ₹2880. What is the loss per cent?
  20. 20.What is 40% of 360?
  21. 21.What is the amount (principal + simple interest) on ₹2400 at 6% per year for 2 years (in ₹)?
  22. 22.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹140. What is the loss (in ₹)?
  23. 23.A shopkeeper buys a cycle for ₹2000 and sells it for ₹2110. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹3500 at 12% per year for 4 years (in ₹)?
  25. 25.The price of a water bottle changed from ₹100 to ₹140. What is the percentage increase?
  26. 26.What is 85% of 340?
  27. 27.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
  28. 28.A shopkeeper buys a table for ₹500 and sells it for ₹750. What is the profit (in ₹)?
  29. 29.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2090. What is the loss (in ₹)?
  30. 30.What is the simple interest on ₹1800 at 2% per year for 1 year (in ₹)?
  31. 31.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
  32. 32.A cooler bought for ₹3000 is sold for ₹2640. What is the loss per cent?
  33. 33.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
  34. 34.A shopkeeper buys a fan for ₹1500 and sells it for ₹1360. What is the loss (in ₹)?
  35. 35.The price of a pair of shoes changed from ₹400 to ₹560. What is the percentage increase?
  36. 36.The price of a box of mangoes changed from ₹100 to ₹130. What is the percentage increase?
  37. 37.What is the amount (principal + simple interest) on ₹5800 at 11% per year for 5 years (in ₹)?
  38. 38.The price of a bus pass changed from ₹100 to ₹75. What is the percentage decrease?
  39. 39.A fan bought for ₹300 is sold for ₹345. What is the profit per cent?
  40. 40.What is the simple interest on ₹1900 at 11% per year for 3 years (in ₹)?

Answer key

  1. 6944
  2. 150
  3. 500
  4. 3876
  5. 10
  6. 30
  7. 96
  8. 80
  9. 150
  10. 2700
  11. 228
  12. 414
  13. 280
  14. 360
  15. 10
  16. 36
  17. 240
  18. 24
  19. 20
  20. 144
  21. 2688
  22. 210
  23. 110
  24. 1680
  25. 40
  26. 289
  27. 80
  28. 250
  29. 160
  30. 36
  31. 30
  32. 12
  33. 10
  34. 140
  35. 40
  36. 30
  37. 8990
  38. 25
  39. 15
  40. 627

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