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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 624 · 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.A cricket kit bought for ₹1000 is sold for ₹1120. What is the profit per cent?
  2. 2.The price of a water bottle changed from ₹500 to ₹125. What is the percentage decrease?
  3. 3.A cricket kit bought for ₹3100 is sold for ₹3410. What is the profit per cent?
  4. 4.What is the amount (principal + simple interest) on ₹2700 at 8% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 1 year (in ₹)?
  6. 6.A watch bought for ₹3300 is sold for ₹4950. What is the profit per cent?
  7. 7.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 2 years (in ₹)?
  8. 8.A shopkeeper buys a table for ₹1050 and sells it for ₹870. What is the loss (in ₹)?
  9. 9.A cooler bought for ₹3700 is sold for ₹3885. What is the profit per cent?
  10. 10.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 1 year (in ₹)?
  11. 11.A cricket kit bought for ₹2100 is sold for ₹1848. What is the loss per cent?
  12. 12.The price of a box of mangoes changed from ₹20 to ₹4. What is the percentage decrease?
  13. 13.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2780. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹3300 at 11% per year for 2 years (in ₹)?
  15. 15.A mobile phone costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
  16. 16.What is 45% of 260?
  17. 17.What is the amount (principal + simple interest) on ₹8900 at 6% per year for 1 year (in ₹)?
  18. 18.A shopkeeper buys a fan for ₹1650 and sells it for ₹1690. What is the profit (in ₹)?
  19. 19.What is 30% of 400?
  20. 20.What is 95% of 440?
  21. 21.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2480. What is the loss (in ₹)?
  22. 22.What is 25% of 940?
  23. 23.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
  24. 24.A mobile phone bought for ₹800 is sold for ₹880. What is the profit per cent?
  25. 25.A cricket kit costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
  26. 26.A sewing machine bought for ₹3300 is sold for ₹2640. What is the loss per cent?
  27. 27.What is the simple interest on ₹9200 at 10% per year for 4 years (in ₹)?
  28. 28.What is 10% of 980?
  29. 29.What is the simple interest on ₹500 at 7% per year for 3 years (in ₹)?
  30. 30.A cooler bought for ₹2600 is sold for ₹1950. What is the loss per cent?
  31. 31.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
  32. 32.A watch bought for ₹2100 is sold for ₹1050. What is the loss per cent?
  33. 33.What is the amount (principal + simple interest) on ₹1400 at 12% per year for 1 year (in ₹)?
  34. 34.What is the simple interest on ₹4100 at 10% per year for 2 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹9600 at 3% per year for 2 years (in ₹)?
  36. 36.A cycle costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
  37. 37.The price of a water bottle changed from ₹40 to ₹76. What is the percentage increase?
  38. 38.A mobile phone costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  39. 39.The price of a water bottle changed from ₹500 to ₹400. What is the percentage decrease?
  40. 40.What is 90% of 200?

Answer key

  1. 12
  2. 75
  3. 10
  4. 3780
  5. 5280
  6. 50
  7. 1144
  8. 180
  9. 5
  10. 3224
  11. 12
  12. 80
  13. 170
  14. 4026
  15. 900
  16. 117
  17. 9434
  18. 40
  19. 120
  20. 418
  21. 170
  22. 235
  23. 40
  24. 10
  25. 1120
  26. 20
  27. 3680
  28. 98
  29. 105
  30. 25
  31. 80
  32. 50
  33. 1568
  34. 820
  35. 10176
  36. 2625
  37. 90
  38. 2000
  39. 20
  40. 180

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