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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 183 · 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 mobile phone bought for ₹400 is sold for ₹320. What is the loss per cent?
  2. 2.A sewing machine bought for ₹3000 is sold for ₹4200. What is the profit per cent?
  3. 3.A table bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  4. 4.What is 45% of 40?
  5. 5.The price of a pair of shoes changed from ₹20 to ₹22. What is the percentage increase?
  6. 6.A mobile phone bought for ₹1400 is sold for ₹1470. What is the profit per cent?
  7. 7.What is 30% of 980?
  8. 8.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹780. What is the profit (in ₹)?
  9. 9.What is 90% of 1000?
  10. 10.The price of a box of mangoes changed from ₹200 to ₹160. What is the percentage decrease?
  11. 11.What is the amount (principal + simple interest) on ₹6700 at 10% per year for 3 years (in ₹)?
  12. 12.A table costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.What is the simple interest on ₹6800 at 8% per year for 5 years (in ₹)?
  14. 14.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹1970. What is the loss (in ₹)?
  15. 15.A mobile phone costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
  16. 16.What is 80% of 360?
  17. 17.The price of a bus pass changed from ₹50 to ₹25. What is the percentage decrease?
  18. 18.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1570. What is the loss (in ₹)?
  19. 19.What is the simple interest on ₹8100 at 7% per year for 2 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹8900 at 12% per year for 2 years (in ₹)?
  21. 21.A cycle bought for ₹300 is sold for ₹336. What is the profit per cent?
  22. 22.A mobile phone bought for ₹3600 is sold for ₹4680. What is the profit per cent?
  23. 23.A cycle bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  24. 24.A sewing machine costs ₹1400. It is sold at a 15% profit. What is the selling price (in ₹)?
  25. 25.What is 85% of 420?
  26. 26.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹830. What is the loss (in ₹)?
  27. 27.A table bought for ₹2400 is sold for ₹3120. What is the profit per cent?
  28. 28.What is the amount (principal + simple interest) on ₹4900 at 12% per year for 4 years (in ₹)?
  29. 29.A shopkeeper buys a table for ₹2200 and sells it for ₹2480. What is the profit (in ₹)?
  30. 30.What is the simple interest on ₹4900 at 11% per year for 3 years (in ₹)?
  31. 31.What is 95% of 540?
  32. 32.A table bought for ₹3600 is sold for ₹3168. What is the loss per cent?
  33. 33.A cycle bought for ₹3000 is sold for ₹4200. What is the profit per cent?
  34. 34.What is the simple interest on ₹5500 at 8% per year for 2 years (in ₹)?
  35. 35.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹660. What is the profit (in ₹)?
  36. 36.A shopkeeper buys a watch for ₹550 and sells it for ₹480. What is the loss (in ₹)?
  37. 37.A mobile phone costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹4500 at 10% per year for 1 year (in ₹)?
  39. 39.A cooler costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
  40. 40.A table bought for ₹1100 is sold for ₹968. What is the loss per cent?

Answer key

  1. 20
  2. 40
  3. 15
  4. 18
  5. 10
  6. 5
  7. 294
  8. 80
  9. 900
  10. 20
  11. 8710
  12. 2352
  13. 2720
  14. 130
  15. 780
  16. 288
  17. 50
  18. 80
  19. 1134
  20. 11036
  21. 12
  22. 30
  23. 50
  24. 1610
  25. 357
  26. 20
  27. 30
  28. 7252
  29. 280
  30. 1617
  31. 513
  32. 12
  33. 40
  34. 880
  35. 10
  36. 70
  37. 2875
  38. 4950
  39. 1568
  40. 12

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