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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 868 · 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 box of mangoes changed from ₹250 to ₹150. What is the percentage decrease?
  2. 2.What is 25% of 220?
  3. 3.A mobile phone costs ₹2000. It is sold at a 20% profit. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹5400 at 12% per year for 4 years (in ₹)?
  5. 5.What is the simple interest on ₹4300 at 7% per year for 3 years (in ₹)?
  6. 6.A cricket kit bought for ₹1300 is sold for ₹1144. What is the loss per cent?
  7. 7.What is 10% of 320?
  8. 8.What is the amount (principal + simple interest) on ₹7500 at 9% per year for 2 years (in ₹)?
  9. 9.The price of a school bag changed from ₹20 to ₹8. What is the percentage decrease?
  10. 10.What is the simple interest on ₹8800 at 7% per year for 3 years (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 2 years (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹10000 at 2% per year for 1 year (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹1450 and sells it for ₹1320. What is the loss (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹1100 and sells it for ₹930. What is the loss (in ₹)?
  15. 15.A cooler bought for ₹1300 is sold for ₹1430. What is the profit per cent?
  16. 16.The price of a box of mangoes changed from ₹80 to ₹152. What is the percentage increase?
  17. 17.A table costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
  18. 18.A fan costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
  19. 19.A mobile phone bought for ₹2600 is sold for ₹2470. What is the loss per cent?
  20. 20.A watch costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
  21. 21.The price of a cricket ball changed from ₹400 to ₹640. What is the percentage increase?
  22. 22.What is 35% of 620?
  23. 23.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2890. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2070. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹1900 at 6% per year for 1 year (in ₹)?
  26. 26.What is the simple interest on ₹4500 at 8% per year for 3 years (in ₹)?
  27. 27.What is the simple interest on ₹1700 at 8% per year for 3 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹7600 at 12% per year for 2 years (in ₹)?
  29. 29.What is 15% of 620?
  30. 30.A table bought for ₹400 is sold for ₹500. What is the profit per cent?
  31. 31.What is the simple interest on ₹3500 at 2% per year for 3 years (in ₹)?
  32. 32.A cycle costs ₹3900. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.A table costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹6500 at 12% per year for 4 years (in ₹)?
  35. 35.A cycle costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹3300 at 4% per year for 5 years (in ₹)?
  37. 37.A cycle bought for ₹700 is sold for ₹560. What is the loss per cent?
  38. 38.A shopkeeper buys a fan for ₹2550 and sells it for ₹2680. What is the profit (in ₹)?
  39. 39.A watch costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
  40. 40.A mobile phone bought for ₹1700 is sold for ₹2550. What is the profit per cent?

Answer key

  1. 40
  2. 55
  3. 2400
  4. 2592
  5. 903
  6. 12
  7. 32
  8. 8850
  9. 60
  10. 1848
  11. 2704
  12. 10200
  13. 130
  14. 170
  15. 10
  16. 90
  17. 1800
  18. 2640
  19. 5
  20. 525
  21. 60
  22. 217
  23. 190
  24. 80
  25. 2014
  26. 1080
  27. 408
  28. 9424
  29. 93
  30. 25
  31. 210
  32. 3510
  33. 450
  34. 9620
  35. 1330
  36. 660
  37. 20
  38. 130
  39. 360
  40. 50

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