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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 712 · 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 ₹4. What is the percentage decrease?
  2. 2.A mobile phone costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1880. What is the profit (in ₹)?
  4. 4.A sewing machine costs ₹1300. It is sold at a 30% profit. What is the selling price (in ₹)?
  5. 5.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
  6. 6.What is the simple interest on ₹4100 at 2% per year for 4 years (in ₹)?
  7. 7.What is the simple interest on ₹3500 at 3% per year for 3 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹1300 at 2% per year for 1 year (in ₹)?
  9. 9.A mobile phone bought for ₹3300 is sold for ₹1650. What is the loss per cent?
  10. 10.A cricket kit bought for ₹500 is sold for ₹550. What is the profit per cent?
  11. 11.A mobile phone bought for ₹2500 is sold for ₹3125. What is the profit per cent?
  12. 12.A cycle costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
  13. 13.The price of a bus pass changed from ₹200 to ₹190. What is the percentage decrease?
  14. 14.What is the amount (principal + simple interest) on ₹500 at 10% per year for 1 year (in ₹)?
  15. 15.What is 5% of 680?
  16. 16.What is 70% of 680?
  17. 17.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2670. What is the profit (in ₹)?
  18. 18.A cooler bought for ₹1300 is sold for ₹1950. What is the profit per cent?
  19. 19.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
  20. 20.The price of a cricket ball changed from ₹250 to ₹400. What is the percentage increase?
  21. 21.What is the amount (principal + simple interest) on ₹8100 at 2% per year for 3 years (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹700 and sells it for ₹840. What is the profit (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
  24. 24.A sewing machine costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
  25. 25.A cricket kit bought for ₹3900 is sold for ₹4368. What is the profit per cent?
  26. 26.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2120. What is the profit (in ₹)?
  27. 27.A watch costs ₹2000. It is sold at a 10% loss. What is the selling price (in ₹)?
  28. 28.A fan costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹9100 at 7% per year for 3 years (in ₹)?
  30. 30.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2760. What is the profit (in ₹)?
  31. 31.A table bought for ₹1800 is sold for ₹1440. What is the loss per cent?
  32. 32.What is 45% of 480?
  33. 33.The price of a bus pass changed from ₹40 to ₹24. What is the percentage decrease?
  34. 34.A cricket kit bought for ₹2500 is sold for ₹2375. What is the loss per cent?
  35. 35.What is 75% of 160?
  36. 36.A sewing machine costs ₹1100. It is sold at a 5% loss. What is the selling price (in ₹)?
  37. 37.A table bought for ₹3800 is sold for ₹3344. What is the loss per cent?
  38. 38.A cricket kit bought for ₹3200 is sold for ₹3040. What is the loss per cent?
  39. 39.The price of a bus pass changed from ₹250 to ₹255. What is the percentage increase?
  40. 40.What is 95% of 60?

Answer key

  1. 90
  2. 1800
  3. 80
  4. 1690
  5. 5
  6. 328
  7. 315
  8. 1326
  9. 50
  10. 10
  11. 25
  12. 680
  13. 5
  14. 550
  15. 34
  16. 476
  17. 70
  18. 50
  19. 80
  20. 60
  21. 8586
  22. 140
  23. 90
  24. 2100
  25. 12
  26. 20
  27. 1800
  28. 3910
  29. 11011
  30. 210
  31. 20
  32. 216
  33. 40
  34. 5
  35. 120
  36. 1045
  37. 12
  38. 5
  39. 2
  40. 57

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