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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 228 · 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 shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1540. What is the loss (in ₹)?
  2. 2.A sewing machine bought for ₹2500 is sold for ₹3750. What is the profit per cent?
  3. 3.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1260. What is the profit (in ₹)?
  4. 4.A watch costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹6300 at 12% per year for 1 year (in ₹)?
  6. 6.What is the simple interest on ₹2200 at 4% per year for 1 year (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2870. What is the profit (in ₹)?
  8. 8.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
  9. 9.A watch costs ₹200. It is sold at a 25% profit. What is the selling price (in ₹)?
  10. 10.What is 40% of 80?
  11. 11.The price of a box of mangoes changed from ₹80 to ₹140. What is the percentage increase?
  12. 12.What is the simple interest on ₹4500 at 10% per year for 4 years (in ₹)?
  13. 13.What is 25% of 420?
  14. 14.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 4 years (in ₹)?
  15. 15.A table costs ₹2600. It is sold at a 20% loss. What is the selling price (in ₹)?
  16. 16.What is 55% of 780?
  17. 17.What is 90% of 140?
  18. 18.What is the simple interest on ₹2000 at 9% per year for 3 years (in ₹)?
  19. 19.What is 80% of 200?
  20. 20.A fan bought for ₹3500 is sold for ₹3920. What is the profit per cent?
  21. 21.What is 55% of 200?
  22. 22.What is the simple interest on ₹7800 at 5% per year for 3 years (in ₹)?
  23. 23.The price of a bus pass changed from ₹100 to ₹190. What is the percentage increase?
  24. 24.What is the simple interest on ₹4800 at 11% per year for 4 years (in ₹)?
  25. 25.A mobile phone bought for ₹3300 is sold for ₹3135. What is the loss per cent?
  26. 26.A cycle costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
  27. 27.What is 25% of 460?
  28. 28.What is the amount (principal + simple interest) on ₹3500 at 2% per year for 2 years (in ₹)?
  29. 29.What is the simple interest on ₹8200 at 6% per year for 2 years (in ₹)?
  30. 30.A mobile phone costs ₹1900. It is sold at a 50% profit. What is the selling price (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹250 to ₹255. What is the percentage increase?
  32. 32.A mobile phone costs ₹1300. It is sold at a 5% loss. What is the selling price (in ₹)?
  33. 33.A fan costs ₹3600. It is sold at a 40% profit. What is the selling price (in ₹)?
  34. 34.The price of a cricket ball changed from ₹40 to ₹32. What is the percentage decrease?
  35. 35.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1550. What is the profit (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹450 and sells it for ₹680. What is the profit (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹20 to ₹10. What is the percentage decrease?
  38. 38.What is 70% of 260?
  39. 39.A cooler bought for ₹2400 is sold for ₹1440. What is the loss per cent?
  40. 40.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2670. What is the profit (in ₹)?

Answer key

  1. 160
  2. 50
  3. 60
  4. 3910
  5. 7056
  6. 88
  7. 20
  8. 5
  9. 250
  10. 32
  11. 75
  12. 1800
  13. 105
  14. 4224
  15. 2080
  16. 429
  17. 126
  18. 540
  19. 160
  20. 12
  21. 110
  22. 1170
  23. 90
  24. 2112
  25. 5
  26. 3250
  27. 115
  28. 3640
  29. 984
  30. 2850
  31. 2
  32. 1235
  33. 5040
  34. 20
  35. 250
  36. 230
  37. 50
  38. 182
  39. 40
  40. 120

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