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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 866 · 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 10% of 300?
  2. 2.The price of a box of mangoes changed from ₹200 to ₹220. What is the percentage increase?
  3. 3.What is the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  4. 4.What is 40% of 920?
  5. 5.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2420. What is the loss (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 5 years (in ₹)?
  7. 7.A cycle bought for ₹3600 is sold for ₹4500. What is the profit per cent?
  8. 8.The price of a school bag changed from ₹40 to ₹20. What is the percentage decrease?
  9. 9.What is 95% of 380?
  10. 10.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹2100. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹1300 at 8% per year for 5 years (in ₹)?
  12. 12.The price of a box of mangoes changed from ₹50 to ₹55. What is the percentage increase?
  13. 13.What is the amount (principal + simple interest) on ₹1000 at 5% per year for 2 years (in ₹)?
  14. 14.What is the simple interest on ₹9000 at 3% per year for 2 years (in ₹)?
  15. 15.A cricket kit costs ₹3300. It is sold at a 40% profit. What is the selling price (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹5400 at 4% per year for 3 years (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹700 at 11% per year for 3 years (in ₹)?
  18. 18.A cycle costs ₹1800. It is sold at a 5% profit. What is the selling price (in ₹)?
  19. 19.A watch bought for ₹2000 is sold for ₹1900. What is the loss per cent?
  20. 20.The price of a water bottle changed from ₹500 to ₹550. What is the percentage increase?
  21. 21.A shopkeeper buys a table for ₹1850 and sells it for ₹1690. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹480. What is the loss (in ₹)?
  23. 23.A mobile phone costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a cooler for ₹900 and sells it for ₹1040. What is the profit (in ₹)?
  25. 25.The price of a water bottle changed from ₹40 to ₹28. What is the percentage decrease?
  26. 26.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
  27. 27.A shopkeeper buys a fan for ₹2200 and sells it for ₹1910. What is the loss (in ₹)?
  28. 28.A cycle costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2650. What is the profit (in ₹)?
  30. 30.A cricket kit bought for ₹2700 is sold for ₹2025. What is the loss per cent?
  31. 31.What is the amount (principal + simple interest) on ₹700 at 4% per year for 2 years (in ₹)?
  32. 32.A fan costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
  33. 33.What is 15% of 320?
  34. 34.The price of a school bag changed from ₹200 to ₹300. What is the percentage increase?
  35. 35.The price of a pair of shoes changed from ₹50 to ₹90. What is the percentage increase?
  36. 36.A shopkeeper buys a watch for ₹3000 and sells it for ₹3030. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2060. What is the profit (in ₹)?
  38. 38.A cricket kit costs ₹800. It is sold at a 30% profit. What is the selling price (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹400 to ₹520. What is the percentage increase?
  40. 40.What is 90% of 680?

Answer key

  1. 30
  2. 10
  3. 600
  4. 368
  5. 280
  6. 14880
  7. 25
  8. 50
  9. 361
  10. 100
  11. 1820
  12. 10
  13. 1100
  14. 540
  15. 4620
  16. 6048
  17. 931
  18. 1890
  19. 5
  20. 10
  21. 160
  22. 220
  23. 1500
  24. 140
  25. 30
  26. 40
  27. 290
  28. 3640
  29. 250
  30. 25
  31. 756
  32. 560
  33. 48
  34. 50
  35. 80
  36. 30
  37. 10
  38. 1040
  39. 30
  40. 612

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