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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 745 · 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 ₹250 to ₹245. What is the percentage decrease?
  2. 2.What is the amount (principal + simple interest) on ₹700 at 10% per year for 2 years (in ₹)?
  3. 3.A shopkeeper buys a watch for ₹2200 and sells it for ₹2340. What is the profit (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹5000 at 4% per year for 2 years (in ₹)?
  5. 5.A cycle costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  6. 6.What is the simple interest on ₹7900 at 3% per year for 1 year (in ₹)?
  7. 7.A fan costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
  8. 8.The price of a bus pass changed from ₹100 to ₹90. What is the percentage decrease?
  9. 9.What is 85% of 380?
  10. 10.What is the simple interest on ₹7900 at 8% per year for 3 years (in ₹)?
  11. 11.A cooler costs ₹1700. It is sold at a 50% profit. What is the selling price (in ₹)?
  12. 12.A table bought for ₹2600 is sold for ₹3250. What is the profit per cent?
  13. 13.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 2 years (in ₹)?
  14. 14.What is 20% of 300?
  15. 15.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  16. 16.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
  17. 17.What is the simple interest on ₹800 at 7% per year for 3 years (in ₹)?
  18. 18.What is 25% of 860?
  19. 19.A table bought for ₹3100 is sold for ₹3875. What is the profit per cent?
  20. 20.What is 25% of 160?
  21. 21.What is the simple interest on ₹2800 at 6% per year for 5 years (in ₹)?
  22. 22.The price of a box of mangoes changed from ₹250 to ₹25. What is the percentage decrease?
  23. 23.What is the simple interest on ₹1900 at 5% per year for 1 year (in ₹)?
  24. 24.A mobile phone bought for ₹1600 is sold for ₹1120. What is the loss per cent?
  25. 25.What is 40% of 340?
  26. 26.A fan bought for ₹200 is sold for ₹240. What is the profit per cent?
  27. 27.A cycle costs ₹2300. It is sold at a 50% loss. What is the selling price (in ₹)?
  28. 28.A fan bought for ₹3600 is sold for ₹3420. What is the loss per cent?
  29. 29.A mobile phone bought for ₹1500 is sold for ₹1425. What is the loss per cent?
  30. 30.What is the simple interest on ₹2000 at 5% per year for 1 year (in ₹)?
  31. 31.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1370. What is the loss (in ₹)?
  32. 32.What is 5% of 680?
  33. 33.A cooler bought for ₹2100 is sold for ₹1890. What is the loss per cent?
  34. 34.What is 10% of 560?
  35. 35.A fan bought for ₹1800 is sold for ₹1350. What is the loss per cent?
  36. 36.What is the simple interest on ₹3200 at 9% per year for 5 years (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹1800 at 10% per year for 3 years (in ₹)?
  38. 38.What is 40% of 200?
  39. 39.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹270. What is the profit (in ₹)?
  40. 40.What is the simple interest on ₹3100 at 11% per year for 3 years (in ₹)?

Answer key

  1. 2
  2. 840
  3. 140
  4. 5400
  5. 750
  6. 237
  7. 2875
  8. 10
  9. 323
  10. 1896
  11. 2550
  12. 25
  13. 1652
  14. 60
  15. 75
  16. 40
  17. 168
  18. 215
  19. 25
  20. 40
  21. 840
  22. 90
  23. 95
  24. 30
  25. 136
  26. 20
  27. 1150
  28. 5
  29. 5
  30. 100
  31. 230
  32. 34
  33. 10
  34. 56
  35. 25
  36. 1440
  37. 2340
  38. 80
  39. 70
  40. 1023

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