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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 287 · 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 costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1900. What is the profit (in ₹)?
  3. 3.A sewing machine bought for ₹3600 is sold for ₹1800. What is the loss per cent?
  4. 4.A sewing machine costs ₹3000. It is sold at a 30% loss. What is the selling price (in ₹)?
  5. 5.A cycle bought for ₹900 is sold for ₹945. What is the profit per cent?
  6. 6.What is 95% of 340?
  7. 7.What is 80% of 960?
  8. 8.What is the simple interest on ₹7200 at 3% per year for 3 years (in ₹)?
  9. 9.What is 85% of 880?
  10. 10.The price of a cricket ball changed from ₹50 to ₹95. What is the percentage increase?
  11. 11.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
  12. 12.What is the simple interest on ₹9300 at 4% per year for 1 year (in ₹)?
  13. 13.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1760. What is the loss (in ₹)?
  14. 14.A fan bought for ₹600 is sold for ₹690. What is the profit per cent?
  15. 15.What is the amount (principal + simple interest) on ₹7100 at 5% per year for 1 year (in ₹)?
  16. 16.The price of a cricket ball changed from ₹100 to ₹140. What is the percentage increase?
  17. 17.A shopkeeper buys a cycle for ₹600 and sells it for ₹400. What is the loss (in ₹)?
  18. 18.What is 35% of 100?
  19. 19.The price of a box of mangoes changed from ₹40 to ₹20. What is the percentage decrease?
  20. 20.A table bought for ₹2500 is sold for ₹1750. What is the loss per cent?
  21. 21.A table bought for ₹500 is sold for ₹425. What is the loss per cent?
  22. 22.What is the amount (principal + simple interest) on ₹3500 at 3% per year for 2 years (in ₹)?
  23. 23.What is the simple interest on ₹1900 at 6% per year for 2 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹2100 at 7% per year for 1 year (in ₹)?
  25. 25.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
  26. 26.The price of a school bag changed from ₹20 to ₹5. What is the percentage decrease?
  27. 27.The price of a water bottle changed from ₹400 to ₹300. What is the percentage decrease?
  28. 28.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1280. What is the loss (in ₹)?
  29. 29.A sewing machine bought for ₹400 is sold for ₹500. What is the profit per cent?
  30. 30.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2020. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹7300 at 5% per year for 1 year (in ₹)?
  32. 32.A shopkeeper buys a watch for ₹750 and sells it for ₹900. What is the profit (in ₹)?
  33. 33.What is 15% of 920?
  34. 34.What is the simple interest on ₹9000 at 3% per year for 3 years (in ₹)?
  35. 35.A mobile phone bought for ₹900 is sold for ₹540. What is the loss per cent?
  36. 36.A cricket kit costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹6800 at 7% per year for 1 year (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹3000 at 7% per year for 1 year (in ₹)?
  39. 39.The price of a bus pass changed from ₹250 to ₹100. What is the percentage decrease?
  40. 40.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹590. What is the profit (in ₹)?

Answer key

  1. 1080
  2. 150
  3. 50
  4. 2100
  5. 5
  6. 323
  7. 768
  8. 648
  9. 748
  10. 90
  11. 80
  12. 372
  13. 90
  14. 15
  15. 7455
  16. 40
  17. 200
  18. 35
  19. 50
  20. 30
  21. 15
  22. 3710
  23. 228
  24. 2247
  25. 40
  26. 75
  27. 25
  28. 170
  29. 25
  30. 130
  31. 365
  32. 150
  33. 138
  34. 810
  35. 40
  36. 1170
  37. 7276
  38. 3210
  39. 60
  40. 140

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