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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 190 · 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.What is 95% of 160?
  2. 2.A cycle costs ₹3500. It is sold at a 25% profit. What is the selling price (in ₹)?
  3. 3.What is 75% of 740?
  4. 4.What is 55% of 620?
  5. 5.A watch costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹290. What is the loss (in ₹)?
  7. 7.A cycle bought for ₹2500 is sold for ₹1750. What is the loss per cent?
  8. 8.The price of a cricket ball changed from ₹400 to ₹404. What is the percentage increase?
  9. 9.A table costs ₹1700. It is sold at a 30% profit. What is the selling price (in ₹)?
  10. 10.What is the simple interest on ₹5100 at 9% per year for 3 years (in ₹)?
  11. 11.A shopkeeper buys a cycle for ₹900 and sells it for ₹1070. What is the profit (in ₹)?
  12. 12.The price of a pair of shoes changed from ₹500 to ₹450. What is the percentage decrease?
  13. 13.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
  14. 14.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
  15. 15.The price of a water bottle changed from ₹40 to ₹38. What is the percentage decrease?
  16. 16.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹710. What is the loss (in ₹)?
  17. 17.A shopkeeper buys a table for ₹2200 and sells it for ₹1980. What is the loss (in ₹)?
  18. 18.What is the simple interest on ₹5000 at 7% per year for 1 year (in ₹)?
  19. 19.A shopkeeper buys a fan for ₹1850 and sells it for ₹1820. What is the loss (in ₹)?
  20. 20.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
  21. 21.What is the simple interest on ₹2000 at 11% per year for 3 years (in ₹)?
  22. 22.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹2100. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹190. What is the loss (in ₹)?
  24. 24.What is 15% of 840?
  25. 25.What is the simple interest on ₹2300 at 5% per year for 1 year (in ₹)?
  26. 26.The price of a school bag changed from ₹20 to ₹2. What is the percentage decrease?
  27. 27.What is 85% of 780?
  28. 28.A shopkeeper buys a fan for ₹1400 and sells it for ₹1260. What is the loss (in ₹)?
  29. 29.A shopkeeper buys a table for ₹2700 and sells it for ₹2540. What is the loss (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹40 to ₹36. What is the percentage decrease?
  31. 31.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 3 years (in ₹)?
  32. 32.A mobile phone bought for ₹1400 is sold for ₹1232. What is the loss per cent?
  33. 33.What is the simple interest on ₹2300 at 2% per year for 4 years (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹4900 at 3% per year for 1 year (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 1 year (in ₹)?
  36. 36.A table costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
  37. 37.The price of a bus pass changed from ₹50 to ₹49. What is the percentage decrease?
  38. 38.A cricket kit bought for ₹3200 is sold for ₹4000. What is the profit per cent?
  39. 39.What is the simple interest on ₹3200 at 2% per year for 1 year (in ₹)?
  40. 40.What is 75% of 980?

Answer key

  1. 152
  2. 4375
  3. 555
  4. 341
  5. 3770
  6. 210
  7. 30
  8. 1
  9. 2210
  10. 1377
  11. 170
  12. 10
  13. 60
  14. 30
  15. 5
  16. 140
  17. 220
  18. 350
  19. 30
  20. 50
  21. 660
  22. 250
  23. 60
  24. 126
  25. 115
  26. 90
  27. 663
  28. 140
  29. 160
  30. 10
  31. 1560
  32. 12
  33. 184
  34. 5047
  35. 5610
  36. 4256
  37. 2
  38. 25
  39. 64
  40. 735

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