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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 561 · 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 water bottle changed from ₹40 to ₹20. What is the percentage decrease?
  2. 2.What is the amount (principal + simple interest) on ₹5300 at 8% per year for 3 years (in ₹)?
  3. 3.What is 60% of 440?
  4. 4.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 2 years (in ₹)?
  5. 5.What is 10% of 660?
  6. 6.What is the simple interest on ₹4100 at 12% per year for 4 years (in ₹)?
  7. 7.A table bought for ₹2100 is sold for ₹1890. What is the loss per cent?
  8. 8.What is the amount (principal + simple interest) on ₹4600 at 9% per year for 3 years (in ₹)?
  9. 9.A shopkeeper buys a table for ₹2050 and sells it for ₹1990. What is the loss (in ₹)?
  10. 10.A shopkeeper buys a table for ₹1550 and sells it for ₹1650. What is the profit (in ₹)?
  11. 11.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
  12. 12.What is the amount (principal + simple interest) on ₹5700 at 11% per year for 2 years (in ₹)?
  13. 13.A table bought for ₹2300 is sold for ₹1955. What is the loss per cent?
  14. 14.A shopkeeper buys a fan for ₹750 and sells it for ₹670. What is the loss (in ₹)?
  15. 15.A shopkeeper buys a table for ₹2300 and sells it for ₹2390. What is the profit (in ₹)?
  16. 16.The price of a pair of shoes changed from ₹50 to ₹45. What is the percentage decrease?
  17. 17.What is the simple interest on ₹1600 at 3% per year for 5 years (in ₹)?
  18. 18.What is the simple interest on ₹6400 at 3% per year for 5 years (in ₹)?
  19. 19.A sewing machine bought for ₹2100 is sold for ₹1680. What is the loss per cent?
  20. 20.A table bought for ₹1000 is sold for ₹1100. What is the profit per cent?
  21. 21.The price of a box of mangoes changed from ₹250 to ₹325. What is the percentage increase?
  22. 22.What is 80% of 380?
  23. 23.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  24. 24.A watch costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
  25. 25.A cricket kit costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹1030. What is the profit (in ₹)?
  27. 27.What is the simple interest on ₹7500 at 12% per year for 5 years (in ₹)?
  28. 28.What is the simple interest on ₹500 at 9% per year for 1 year (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹9300 at 8% per year for 2 years (in ₹)?
  30. 30.What is 70% of 860?
  31. 31.What is the simple interest on ₹4800 at 6% per year for 2 years (in ₹)?
  32. 32.A shopkeeper buys a cycle for ₹2050 and sells it for ₹1800. What is the loss (in ₹)?
  33. 33.A cycle costs ₹4000. It is sold at a 20% loss. What is the selling price (in ₹)?
  34. 34.The price of a water bottle changed from ₹40 to ₹50. What is the percentage increase?
  35. 35.What is the simple interest on ₹5200 at 3% per year for 2 years (in ₹)?
  36. 36.A sewing machine costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
  37. 37.What is the simple interest on ₹4700 at 2% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹580. What is the profit (in ₹)?
  39. 39.A fan bought for ₹400 is sold for ₹340. What is the loss per cent?
  40. 40.What is the simple interest on ₹1900 at 8% per year for 3 years (in ₹)?

Answer key

  1. 50
  2. 6572
  3. 264
  4. 3240
  5. 66
  6. 1968
  7. 10
  8. 5842
  9. 60
  10. 100
  11. 50
  12. 6954
  13. 15
  14. 80
  15. 90
  16. 10
  17. 240
  18. 960
  19. 20
  20. 10
  21. 30
  22. 304
  23. 75
  24. 1904
  25. 1170
  26. 230
  27. 4500
  28. 45
  29. 10788
  30. 602
  31. 576
  32. 250
  33. 3200
  34. 25
  35. 312
  36. 3060
  37. 376
  38. 230
  39. 15
  40. 456

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