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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 140 · 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.A fan costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹50 to ₹70. What is the percentage increase?
  3. 3.A sewing machine costs ₹2500. It is sold at a 25% loss. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2500. What is the loss (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 5 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 3 years (in ₹)?
  7. 7.A sewing machine costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
  8. 8.A table bought for ₹3900 is sold for ₹4290. What is the profit per cent?
  9. 9.A cooler bought for ₹3100 is sold for ₹3875. What is the profit per cent?
  10. 10.What is the amount (principal + simple interest) on ₹3700 at 2% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹2150 and sells it for ₹2180. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
  13. 13.What is 60% of 620?
  14. 14.A sewing machine bought for ₹2300 is sold for ₹2530. What is the profit per cent?
  15. 15.A shopkeeper buys a cycle for ₹650 and sells it for ₹930. What is the profit (in ₹)?
  16. 16.A fan costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
  17. 17.What is 55% of 560?
  18. 18.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1520. What is the profit (in ₹)?
  19. 19.What is 5% of 660?
  20. 20.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 2 years (in ₹)?
  21. 21.What is the simple interest on ₹1000 at 2% per year for 2 years (in ₹)?
  22. 22.A sewing machine costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹9700 at 6% per year for 3 years (in ₹)?
  24. 24.A mobile phone bought for ₹2000 is sold for ₹1000. What is the loss per cent?
  25. 25.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1030. What is the loss (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹7700 at 11% per year for 4 years (in ₹)?
  27. 27.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3130. What is the profit (in ₹)?
  28. 28.A shopkeeper buys a fan for ₹1750 and sells it for ₹1720. What is the loss (in ₹)?
  29. 29.A shopkeeper buys a cycle for ₹400 and sells it for ₹360. What is the loss (in ₹)?
  30. 30.What is 65% of 600?
  31. 31.The price of a cricket ball changed from ₹40 to ₹42. What is the percentage increase?
  32. 32.A watch bought for ₹1700 is sold for ₹1955. What is the profit per cent?
  33. 33.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1300. What is the loss (in ₹)?
  34. 34.A shopkeeper buys a cooler for ₹500 and sells it for ₹530. What is the profit (in ₹)?
  35. 35.What is 15% of 240?
  36. 36.What is 5% of 400?
  37. 37.A shopkeeper buys a cycle for ₹1800 and sells it for ₹1680. What is the loss (in ₹)?
  38. 38.What is 55% of 700?
  39. 39.What is the simple interest on ₹1600 at 12% per year for 5 years (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹6600 at 3% per year for 2 years (in ₹)?

Answer key

  1. 1584
  2. 40
  3. 1875
  4. 50
  5. 1800
  6. 4602
  7. 4340
  8. 10
  9. 25
  10. 3774
  11. 30
  12. 210
  13. 372
  14. 10
  15. 280
  16. 2800
  17. 308
  18. 20
  19. 33
  20. 1512
  21. 40
  22. 3250
  23. 11446
  24. 50
  25. 20
  26. 11088
  27. 130
  28. 30
  29. 40
  30. 390
  31. 5
  32. 15
  33. 200
  34. 30
  35. 36
  36. 20
  37. 120
  38. 385
  39. 960
  40. 6996

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