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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 900 · 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 cricket ball changed from ₹40 to ₹8. What is the percentage decrease?
  2. 2.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 3 years (in ₹)?
  3. 3.The price of a water bottle changed from ₹400 to ₹500. What is the percentage increase?
  4. 4.A cricket kit bought for ₹1000 is sold for ₹1300. What is the profit per cent?
  5. 5.What is 45% of 260?
  6. 6.What is 95% of 860?
  7. 7.What is 15% of 480?
  8. 8.A shopkeeper buys a fan for ₹1700 and sells it for ₹1600. What is the loss (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹4700 at 6% per year for 2 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹9800 at 6% per year for 3 years (in ₹)?
  11. 11.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1550. What is the loss (in ₹)?
  12. 12.The price of a box of mangoes changed from ₹40 to ₹42. What is the percentage increase?
  13. 13.What is the amount (principal + simple interest) on ₹500 at 8% per year for 1 year (in ₹)?
  14. 14.What is 65% of 140?
  15. 15.A watch costs ₹1000. It is sold at a 15% loss. What is the selling price (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 3 years (in ₹)?
  17. 17.What is the simple interest on ₹9700 at 10% per year for 2 years (in ₹)?
  18. 18.What is 65% of 220?
  19. 19.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹860. What is the profit (in ₹)?
  20. 20.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2640. What is the loss (in ₹)?
  21. 21.A cricket kit bought for ₹800 is sold for ₹720. What is the loss per cent?
  22. 22.A cycle bought for ₹400 is sold for ₹300. What is the loss per cent?
  23. 23.What is the simple interest on ₹7500 at 5% per year for 1 year (in ₹)?
  24. 24.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  25. 25.The price of a bus pass changed from ₹250 to ₹350. What is the percentage increase?
  26. 26.What is 75% of 300?
  27. 27.A mobile phone costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
  28. 28.What is the simple interest on ₹500 at 2% per year for 2 years (in ₹)?
  29. 29.A cricket kit bought for ₹2300 is sold for ₹1380. What is the loss per cent?
  30. 30.A fan bought for ₹3700 is sold for ₹4255. What is the profit per cent?
  31. 31.The price of a bus pass changed from ₹20 to ₹10. What is the percentage decrease?
  32. 32.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 1 year (in ₹)?
  33. 33.The price of a cricket ball changed from ₹50 to ₹25. What is the percentage decrease?
  34. 34.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2190. What is the profit (in ₹)?
  35. 35.A cricket kit costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹700 and sells it for ₹780. What is the profit (in ₹)?
  37. 37.A table bought for ₹3200 is sold for ₹3040. What is the loss per cent?
  38. 38.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹820. What is the profit (in ₹)?
  39. 39.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
  40. 40.The price of a school bag changed from ₹400 to ₹80. What is the percentage decrease?

Answer key

  1. 80
  2. 2926
  3. 25
  4. 30
  5. 117
  6. 817
  7. 72
  8. 100
  9. 5264
  10. 11564
  11. 300
  12. 5
  13. 540
  14. 91
  15. 850
  16. 7434
  17. 1940
  18. 143
  19. 160
  20. 160
  21. 10
  22. 25
  23. 375
  24. 2100
  25. 40
  26. 225
  27. 3375
  28. 20
  29. 40
  30. 15
  31. 50
  32. 2080
  33. 50
  34. 140
  35. 2280
  36. 80
  37. 5
  38. 120
  39. 20
  40. 80

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