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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 184 · 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 cycle bought for ₹3900 is sold for ₹4095. What is the profit per cent?
  2. 2.The price of a box of mangoes changed from ₹100 to ₹99. What is the percentage decrease?
  3. 3.What is 25% of 120?
  4. 4.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2740. What is the profit (in ₹)?
  5. 5.A cricket kit costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a watch for ₹1150 and sells it for ₹920. What is the loss (in ₹)?
  7. 7.A shopkeeper buys a table for ₹800 and sells it for ₹980. What is the profit (in ₹)?
  8. 8.The price of a school bag changed from ₹200 to ₹80. What is the percentage decrease?
  9. 9.A shopkeeper buys a fan for ₹1950 and sells it for ₹1930. What is the loss (in ₹)?
  10. 10.A cycle costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  11. 11.A cricket kit bought for ₹600 is sold for ₹300. What is the loss per cent?
  12. 12.The price of a bus pass changed from ₹200 to ₹40. What is the percentage decrease?
  13. 13.The price of a cricket ball changed from ₹400 to ₹404. What is the percentage increase?
  14. 14.The price of a bus pass changed from ₹50 to ₹25. What is the percentage decrease?
  15. 15.A cycle costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
  16. 16.A mobile phone costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
  17. 17.A fan costs ₹3200. It is sold at a 50% profit. What is the selling price (in ₹)?
  18. 18.A fan costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  19. 19.A cricket kit bought for ₹2700 is sold for ₹3024. What is the profit per cent?
  20. 20.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹1190. What is the profit (in ₹)?
  21. 21.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
  22. 22.What is the simple interest on ₹4400 at 9% per year for 3 years (in ₹)?
  23. 23.What is 45% of 120?
  24. 24.What is 80% of 40?
  25. 25.A shopkeeper buys a table for ₹1600 and sells it for ₹1420. What is the loss (in ₹)?
  26. 26.What is the simple interest on ₹3900 at 10% per year for 5 years (in ₹)?
  27. 27.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2630. What is the loss (in ₹)?
  28. 28.A cooler costs ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
  29. 29.A cooler bought for ₹400 is sold for ₹240. What is the loss per cent?
  30. 30.What is the simple interest on ₹6000 at 6% per year for 5 years (in ₹)?
  31. 31.A mobile phone costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹8800 at 9% per year for 5 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 2 years (in ₹)?
  34. 34.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2090. What is the profit (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 1 year (in ₹)?
  36. 36.A mobile phone costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
  37. 37.A cricket kit costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
  38. 38.The price of a water bottle changed from ₹80 to ₹100. What is the percentage increase?
  39. 39.What is 65% of 720?
  40. 40.A fan costs ₹700. It is sold at a 10% loss. What is the selling price (in ₹)?

Answer key

  1. 5
  2. 1
  3. 30
  4. 240
  5. 1408
  6. 230
  7. 180
  8. 60
  9. 20
  10. 1265
  11. 50
  12. 80
  13. 1
  14. 50
  15. 2850
  16. 1710
  17. 4800
  18. 360
  19. 12
  20. 290
  21. 80
  22. 1188
  23. 54
  24. 32
  25. 180
  26. 1950
  27. 20
  28. 2880
  29. 40
  30. 1800
  31. 810
  32. 12760
  33. 1908
  34. 40
  35. 2675
  36. 2160
  37. 3675
  38. 25
  39. 468
  40. 630

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