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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 707 · 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 65% of 360?
  2. 2.What is the simple interest on ₹8800 at 8% per year for 2 years (in ₹)?
  3. 3.A fan bought for ₹2500 is sold for ₹3000. What is the profit per cent?
  4. 4.A mobile phone costs ₹2500. It is sold at a 5% profit. What is the selling price (in ₹)?
  5. 5.What is 40% of 400?
  6. 6.The price of a school bag changed from ₹200 to ₹202. What is the percentage increase?
  7. 7.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2320. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2000. What is the loss (in ₹)?
  10. 10.What is the simple interest on ₹6500 at 9% per year for 1 year (in ₹)?
  11. 11.What is 30% of 780?
  12. 12.What is the simple interest on ₹2200 at 8% per year for 1 year (in ₹)?
  13. 13.A watch costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
  14. 14.A cycle costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2160. What is the loss (in ₹)?
  16. 16.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹1210. What is the profit (in ₹)?
  17. 17.A cycle costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  18. 18.The price of a water bottle changed from ₹250 to ₹200. What is the percentage decrease?
  19. 19.The price of a water bottle changed from ₹20 to ₹21. What is the percentage increase?
  20. 20.The price of a water bottle changed from ₹400 to ₹480. What is the percentage increase?
  21. 21.What is the amount (principal + simple interest) on ₹1300 at 3% per year for 3 years (in ₹)?
  22. 22.The price of a school bag changed from ₹100 to ₹75. What is the percentage decrease?
  23. 23.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹160. What is the loss (in ₹)?
  24. 24.A mobile phone costs ₹2600. It is sold at a 12% loss. What is the selling price (in ₹)?
  25. 25.What is 5% of 40?
  26. 26.The price of a pair of shoes changed from ₹200 to ₹210. What is the percentage increase?
  27. 27.What is 10% of 40?
  28. 28.A cycle bought for ₹4000 is sold for ₹3200. What is the loss per cent?
  29. 29.A cycle bought for ₹2900 is sold for ₹3625. What is the profit per cent?
  30. 30.What is the amount (principal + simple interest) on ₹5000 at 4% per year for 3 years (in ₹)?
  31. 31.What is 25% of 180?
  32. 32.A cooler bought for ₹1300 is sold for ₹1950. What is the profit per cent?
  33. 33.What is 60% of 740?
  34. 34.A table bought for ₹3300 is sold for ₹2640. What is the loss per cent?
  35. 35.What is 35% of 140?
  36. 36.What is 10% of 280?
  37. 37.A cycle costs ₹2600. It is sold at a 12% loss. What is the selling price (in ₹)?
  38. 38.A cricket kit costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
  39. 39.The price of a water bottle changed from ₹400 to ₹600. What is the percentage increase?
  40. 40.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2180. What is the loss (in ₹)?

Answer key

  1. 234
  2. 1408
  3. 20
  4. 2625
  5. 160
  6. 1
  7. 3255
  8. 220
  9. 300
  10. 585
  11. 234
  12. 176
  13. 2240
  14. 2100
  15. 190
  16. 160
  17. 630
  18. 20
  19. 5
  20. 20
  21. 1417
  22. 25
  23. 40
  24. 2288
  25. 2
  26. 5
  27. 4
  28. 20
  29. 25
  30. 5600
  31. 45
  32. 50
  33. 444
  34. 20
  35. 49
  36. 28
  37. 2288
  38. 1200
  39. 50
  40. 120

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