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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 728 · 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 school bag changed from ₹20 to ₹24. What is the percentage increase?
  2. 2.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1110. What is the loss (in ₹)?
  3. 3.What is 80% of 80?
  4. 4.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
  5. 5.A cycle bought for ₹2700 is sold for ₹2970. What is the profit per cent?
  6. 6.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
  7. 7.The price of a water bottle changed from ₹40 to ₹10. What is the percentage decrease?
  8. 8.A watch costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
  9. 9.A cooler costs ₹700. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹2000 at 9% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹2950 and sells it for ₹3210. What is the profit (in ₹)?
  12. 12.What is the simple interest on ₹1000 at 12% per year for 3 years (in ₹)?
  13. 13.A shopkeeper buys a cooler for ₹700 and sells it for ₹750. What is the profit (in ₹)?
  14. 14.A mobile phone costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
  15. 15.What is 90% of 100?
  16. 16.What is the amount (principal + simple interest) on ₹500 at 11% per year for 3 years (in ₹)?
  17. 17.The price of a water bottle changed from ₹80 to ₹140. What is the percentage increase?
  18. 18.A cricket kit bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹5800 at 8% per year for 2 years (in ₹)?
  20. 20.What is 80% of 940?
  21. 21.A mobile phone bought for ₹2200 is sold for ₹3300. What is the profit per cent?
  22. 22.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹760. What is the loss (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹7900 at 4% per year for 4 years (in ₹)?
  24. 24.A fan bought for ₹2900 is sold for ₹3045. What is the profit per cent?
  25. 25.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 4 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹5500 at 5% per year for 2 years (in ₹)?
  27. 27.What is the simple interest on ₹9500 at 3% per year for 3 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹4900 at 12% per year for 2 years (in ₹)?
  29. 29.What is the simple interest on ₹1000 at 10% per year for 1 year (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹200 to ₹210. What is the percentage increase?
  31. 31.The price of a bus pass changed from ₹40 to ₹76. What is the percentage increase?
  32. 32.A shopkeeper buys a cooler for ₹2200 and sells it for ₹1980. What is the loss (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹4300 at 3% per year for 3 years (in ₹)?
  34. 34.A cycle bought for ₹2800 is sold for ₹1960. What is the loss per cent?
  35. 35.What is the amount (principal + simple interest) on ₹9700 at 9% per year for 4 years (in ₹)?
  36. 36.What is 65% of 600?
  37. 37.A table bought for ₹500 is sold for ₹550. What is the profit per cent?
  38. 38.A table costs ₹1300. It is sold at a 25% profit. What is the selling price (in ₹)?
  39. 39.A mobile phone bought for ₹3100 is sold for ₹2790. What is the loss per cent?
  40. 40.A shopkeeper buys a table for ₹1250 and sells it for ₹1260. What is the profit (in ₹)?

Answer key

  1. 20
  2. 140
  3. 64
  4. 90
  5. 10
  6. 60
  7. 75
  8. 2376
  9. 616
  10. 2180
  11. 260
  12. 360
  13. 50
  14. 3750
  15. 90
  16. 665
  17. 75
  18. 5
  19. 6728
  20. 752
  21. 50
  22. 240
  23. 9164
  24. 5
  25. 11600
  26. 6050
  27. 855
  28. 6076
  29. 100
  30. 5
  31. 90
  32. 220
  33. 4687
  34. 30
  35. 13192
  36. 390
  37. 10
  38. 1625
  39. 10
  40. 10

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