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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 62 · 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 cricket ball changed from ₹20 to ₹26. What is the percentage increase?
  2. 2.A mobile phone costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
  3. 3.The price of a cricket ball changed from ₹400 to ₹404. What is the percentage increase?
  4. 4.A shopkeeper buys a table for ₹2250 and sells it for ₹2280. What is the profit (in ₹)?
  5. 5.A sewing machine bought for ₹700 is sold for ₹490. What is the loss per cent?
  6. 6.What is the simple interest on ₹9900 at 3% per year for 5 years (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹950 and sells it for ₹1210. What is the profit (in ₹)?
  8. 8.A cycle bought for ₹2900 is sold for ₹3190. What is the profit per cent?
  9. 9.The price of a bus pass changed from ₹500 to ₹50. What is the percentage decrease?
  10. 10.A cricket kit costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
  11. 11.A cricket kit costs ₹2600. It is sold at a 30% profit. What is the selling price (in ₹)?
  12. 12.A table costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  13. 13.What is 15% of 160?
  14. 14.What is 90% of 760?
  15. 15.What is the amount (principal + simple interest) on ₹8600 at 7% per year for 1 year (in ₹)?
  16. 16.A cricket kit costs ₹1000. It is sold at a 10% profit. What is the selling price (in ₹)?
  17. 17.What is 30% of 220?
  18. 18.The price of a school bag changed from ₹100 to ₹110. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹6700 at 12% per year for 4 years (in ₹)?
  20. 20.A shopkeeper buys a fan for ₹2400 and sells it for ₹2120. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a watch for ₹2100 and sells it for ₹2310. What is the profit (in ₹)?
  22. 22.A cycle bought for ₹2100 is sold for ₹2940. What is the profit per cent?
  23. 23.The price of a school bag changed from ₹200 to ₹204. What is the percentage increase?
  24. 24.What is the simple interest on ₹2000 at 5% per year for 1 year (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹500 to ₹50. What is the percentage decrease?
  26. 26.A sewing machine costs ₹1100. It is sold at a 25% loss. What is the selling price (in ₹)?
  27. 27.The price of a bus pass changed from ₹100 to ₹60. What is the percentage decrease?
  28. 28.A cooler costs ₹900. It is sold at a 50% profit. What is the selling price (in ₹)?
  29. 29.A watch costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹2450 and sells it for ₹2290. What is the loss (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹750 and sells it for ₹820. What is the profit (in ₹)?
  32. 32.What is 25% of 720?
  33. 33.What is the amount (principal + simple interest) on ₹4200 at 2% per year for 5 years (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹200 and sells it for ₹270. What is the profit (in ₹)?
  35. 35.A mobile phone bought for ₹600 is sold for ₹360. What is the loss per cent?
  36. 36.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹60. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹5000 at 8% per year for 4 years (in ₹)?
  38. 38.A watch bought for ₹1600 is sold for ₹1680. What is the profit per cent?
  39. 39.A watch bought for ₹400 is sold for ₹360. What is the loss per cent?
  40. 40.The price of a box of mangoes changed from ₹50 to ₹80. What is the percentage increase?

Answer key

  1. 30
  2. 1035
  3. 1
  4. 30
  5. 30
  6. 1485
  7. 260
  8. 10
  9. 90
  10. 3625
  11. 3380
  12. 1100
  13. 24
  14. 684
  15. 9202
  16. 1100
  17. 66
  18. 10
  19. 9916
  20. 280
  21. 210
  22. 40
  23. 2
  24. 100
  25. 90
  26. 825
  27. 40
  28. 1350
  29. 1144
  30. 160
  31. 70
  32. 180
  33. 4620
  34. 70
  35. 40
  36. 190
  37. 6600
  38. 5
  39. 10
  40. 60

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