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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 251 · 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 30% of 580?
  2. 2.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1650. What is the loss (in ₹)?
  3. 3.What is 30% of 320?
  4. 4.A cricket kit bought for ₹3000 is sold for ₹1500. What is the loss per cent?
  5. 5.What is the simple interest on ₹9800 at 11% per year for 2 years (in ₹)?
  6. 6.A fan costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
  7. 7.A watch costs ₹2600. It is sold at a 30% loss. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a cooler for ₹450 and sells it for ₹370. What is the loss (in ₹)?
  9. 9.What is the simple interest on ₹8400 at 11% per year for 4 years (in ₹)?
  10. 10.A table bought for ₹600 is sold for ₹300. What is the loss per cent?
  11. 11.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
  12. 12.A mobile phone costs ₹1400. It is sold at a 5% loss. What is the selling price (in ₹)?
  13. 13.The price of a bus pass changed from ₹400 to ₹640. What is the percentage increase?
  14. 14.What is 70% of 300?
  15. 15.A shopkeeper buys a cycle for ₹1150 and sells it for ₹850. What is the loss (in ₹)?
  16. 16.The price of a cricket ball changed from ₹500 to ₹250. What is the percentage decrease?
  17. 17.What is the simple interest on ₹3200 at 7% per year for 5 years (in ₹)?
  18. 18.The price of a school bag changed from ₹40 to ₹60. What is the percentage increase?
  19. 19.What is the simple interest on ₹8300 at 3% per year for 5 years (in ₹)?
  20. 20.A cycle costs ₹500. It is sold at a 10% profit. What is the selling price (in ₹)?
  21. 21.A shopkeeper buys a watch for ₹2650 and sells it for ₹2400. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1990. What is the profit (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹80 to ₹84. What is the percentage increase?
  24. 24.What is 5% of 360?
  25. 25.A fan bought for ₹2000 is sold for ₹1500. What is the loss per cent?
  26. 26.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1210. What is the loss (in ₹)?
  27. 27.The price of a pair of shoes changed from ₹20 to ₹16. What is the percentage decrease?
  28. 28.What is the simple interest on ₹1700 at 4% per year for 5 years (in ₹)?
  29. 29.A shopkeeper buys a table for ₹400 and sells it for ₹680. What is the profit (in ₹)?
  30. 30.The price of a school bag changed from ₹400 to ₹404. What is the percentage increase?
  31. 31.A shopkeeper buys a cycle for ₹2750 and sells it for ₹2690. What is the loss (in ₹)?
  32. 32.A cooler bought for ₹700 is sold for ₹525. What is the loss per cent?
  33. 33.What is 15% of 40?
  34. 34.The price of a pair of shoes changed from ₹20 to ₹35. What is the percentage increase?
  35. 35.The price of a cricket ball changed from ₹400 to ₹320. What is the percentage decrease?
  36. 36.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2190. What is the profit (in ₹)?
  37. 37.What is 70% of 60?
  38. 38.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1490. What is the profit (in ₹)?
  39. 39.The price of a water bottle changed from ₹50 to ₹40. What is the percentage decrease?
  40. 40.What is 70% of 760?

Answer key

  1. 174
  2. 250
  3. 96
  4. 50
  5. 2156
  6. 4400
  7. 1820
  8. 80
  9. 3696
  10. 50
  11. 170
  12. 1330
  13. 60
  14. 210
  15. 300
  16. 50
  17. 1120
  18. 50
  19. 1245
  20. 550
  21. 250
  22. 190
  23. 5
  24. 18
  25. 25
  26. 140
  27. 20
  28. 340
  29. 280
  30. 1
  31. 60
  32. 25
  33. 6
  34. 75
  35. 20
  36. 90
  37. 42
  38. 140
  39. 20
  40. 532

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