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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 141 · 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 watch costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A table bought for ₹3300 is sold for ₹2805. What is the loss per cent?
  3. 3.A table bought for ₹1300 is sold for ₹1456. What is the profit per cent?
  4. 4.What is 5% of 540?
  5. 5.The price of a bus pass changed from ₹100 to ₹75. What is the percentage decrease?
  6. 6.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2460. What is the profit (in ₹)?
  7. 7.What is 15% of 180?
  8. 8.What is the simple interest on ₹2900 at 11% per year for 4 years (in ₹)?
  9. 9.A table costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2590. What is the profit (in ₹)?
  11. 11.A cooler costs ₹2800. It is sold at a 50% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹2800 and sells it for ₹3070. What is the profit (in ₹)?
  13. 13.A cricket kit bought for ₹200 is sold for ₹100. What is the loss per cent?
  14. 14.A cooler bought for ₹3500 is sold for ₹3325. What is the loss per cent?
  15. 15.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 1 year (in ₹)?
  16. 16.The price of a cricket ball changed from ₹80 to ₹76. What is the percentage decrease?
  17. 17.A mobile phone costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
  18. 18.A cycle bought for ₹2400 is sold for ₹2280. What is the loss per cent?
  19. 19.What is 45% of 500?
  20. 20.What is the amount (principal + simple interest) on ₹4300 at 12% per year for 5 years (in ₹)?
  21. 21.What is the simple interest on ₹9500 at 3% per year for 2 years (in ₹)?
  22. 22.A fan costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
  23. 23.What is 90% of 120?
  24. 24.A cycle costs ₹1800. It is sold at a 25% profit. What is the selling price (in ₹)?
  25. 25.A fan bought for ₹1400 is sold for ₹700. What is the loss per cent?
  26. 26.What is 75% of 280?
  27. 27.The price of a bus pass changed from ₹50 to ₹30. What is the percentage decrease?
  28. 28.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1190. What is the loss (in ₹)?
  29. 29.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
  30. 30.A fan bought for ₹1800 is sold for ₹1584. What is the loss per cent?
  31. 31.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1490. What is the loss (in ₹)?
  32. 32.A watch costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
  33. 33.A mobile phone costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  34. 34.A table costs ₹3300. It is sold at a 12% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹1600 at 3% per year for 5 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 1 year (in ₹)?
  37. 37.What is the simple interest on ₹5200 at 11% per year for 4 years (in ₹)?
  38. 38.A cycle costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
  39. 39.A cycle bought for ₹3200 is sold for ₹3680. What is the profit per cent?
  40. 40.What is the amount (principal + simple interest) on ₹800 at 4% per year for 4 years (in ₹)?

Answer key

  1. 450
  2. 15
  3. 12
  4. 27
  5. 25
  6. 10
  7. 27
  8. 1276
  9. 2340
  10. 190
  11. 1400
  12. 270
  13. 50
  14. 5
  15. 10400
  16. 5
  17. 2240
  18. 5
  19. 225
  20. 6880
  21. 570
  22. 3248
  23. 108
  24. 2250
  25. 50
  26. 210
  27. 40
  28. 110
  29. 75
  30. 12
  31. 10
  32. 450
  33. 1260
  34. 3696
  35. 240
  36. 9894
  37. 2288
  38. 3640
  39. 15
  40. 928

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