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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 982 · 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 ₹8. What is the percentage decrease?
  2. 2.A fan costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
  3. 3.A cycle costs ₹1100. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.What is 40% of 600?
  5. 5.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
  6. 6.A cycle bought for ₹2200 is sold for ₹2310. What is the profit per cent?
  7. 7.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1510. What is the loss (in ₹)?
  8. 8.The price of a water bottle changed from ₹100 to ₹110. What is the percentage increase?
  9. 9.What is the simple interest on ₹9800 at 9% per year for 1 year (in ₹)?
  10. 10.A watch costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹10000 at 10% per year for 2 years (in ₹)?
  12. 12.A fan bought for ₹2500 is sold for ₹2875. What is the profit per cent?
  13. 13.A shopkeeper buys a fan for ₹2150 and sells it for ₹2320. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a fan for ₹1200 and sells it for ₹1420. What is the profit (in ₹)?
  15. 15.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹3030. What is the profit (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 1 year (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹1200 and sells it for ₹1380. What is the profit (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 2 years (in ₹)?
  19. 19.A cooler bought for ₹2700 is sold for ₹3510. What is the profit per cent?
  20. 20.What is 35% of 920?
  21. 21.A cycle bought for ₹800 is sold for ₹400. What is the loss per cent?
  22. 22.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2520. What is the profit (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 2 years (in ₹)?
  24. 24.A mobile phone bought for ₹1400 is sold for ₹1960. What is the profit per cent?
  25. 25.A shopkeeper buys a fan for ₹2700 and sells it for ₹2410. What is the loss (in ₹)?
  26. 26.A mobile phone costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  27. 27.What is 15% of 180?
  28. 28.A table costs ₹1700. It is sold at a 50% loss. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a table for ₹2400 and sells it for ₹2270. What is the loss (in ₹)?
  30. 30.A cooler bought for ₹500 is sold for ₹575. What is the profit per cent?
  31. 31.What is the simple interest on ₹2200 at 12% per year for 4 years (in ₹)?
  32. 32.What is the simple interest on ₹1500 at 11% per year for 4 years (in ₹)?
  33. 33.The price of a box of mangoes changed from ₹100 to ₹110. What is the percentage increase?
  34. 34.What is 10% of 960?
  35. 35.What is the simple interest on ₹5300 at 3% per year for 2 years (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2600. What is the profit (in ₹)?
  37. 37.The price of a bus pass changed from ₹400 to ₹420. What is the percentage increase?
  38. 38.The price of a bus pass changed from ₹20 to ₹28. What is the percentage increase?
  39. 39.A shopkeeper buys a table for ₹2450 and sells it for ₹2250. What is the loss (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹5500 at 6% per year for 4 years (in ₹)?

Answer key

  1. 60
  2. 2016
  3. 1155
  4. 240
  5. 5
  6. 5
  7. 190
  8. 10
  9. 882
  10. 5400
  11. 12000
  12. 15
  13. 170
  14. 220
  15. 230
  16. 6195
  17. 180
  18. 7128
  19. 30
  20. 322
  21. 50
  22. 170
  23. 4560
  24. 40
  25. 290
  26. 2000
  27. 27
  28. 850
  29. 130
  30. 15
  31. 1056
  32. 660
  33. 10
  34. 96
  35. 318
  36. 100
  37. 5
  38. 40
  39. 200
  40. 6820

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