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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 298 · 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 ₹3300. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A table bought for ₹2500 is sold for ₹2125. What is the loss per cent?
  3. 3.What is the simple interest on ₹8300 at 8% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹8700 at 12% per year for 5 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹9500 at 12% per year for 4 years (in ₹)?
  6. 6.The price of a box of mangoes changed from ₹500 to ₹125. What is the percentage decrease?
  7. 7.What is 55% of 220?
  8. 8.What is the simple interest on ₹8300 at 6% per year for 2 years (in ₹)?
  9. 9.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1010. What is the profit (in ₹)?
  10. 10.A table costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
  11. 11.What is 60% of 820?
  12. 12.What is the simple interest on ₹5400 at 9% per year for 1 year (in ₹)?
  13. 13.What is 25% of 480?
  14. 14.The price of a cricket ball changed from ₹40 to ₹36. What is the percentage decrease?
  15. 15.A cycle bought for ₹1700 is sold for ₹1785. What is the profit per cent?
  16. 16.A sewing machine costs ₹1900. It is sold at a 5% loss. What is the selling price (in ₹)?
  17. 17.A cricket kit costs ₹3800. It is sold at a 12% loss. What is the selling price (in ₹)?
  18. 18.A cricket kit bought for ₹1400 is sold for ₹840. What is the loss per cent?
  19. 19.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 3 years (in ₹)?
  20. 20.What is the simple interest on ₹9900 at 6% per year for 1 year (in ₹)?
  21. 21.The price of a box of mangoes changed from ₹250 to ₹200. What is the percentage decrease?
  22. 22.A watch costs ₹2500. It is sold at a 5% profit. What is the selling price (in ₹)?
  23. 23.What is 60% of 40?
  24. 24.What is the simple interest on ₹8800 at 5% per year for 1 year (in ₹)?
  25. 25.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
  26. 26.A cricket kit costs ₹2100. It is sold at a 30% profit. What is the selling price (in ₹)?
  27. 27.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1190. What is the loss (in ₹)?
  28. 28.A fan bought for ₹800 is sold for ₹1120. What is the profit per cent?
  29. 29.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹740. What is the loss (in ₹)?
  30. 30.A cricket kit costs ₹2900. It is sold at a 5% loss. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹800. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹2750 and sells it for ₹2700. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1360. What is the loss (in ₹)?
  34. 34.What is 65% of 400?
  35. 35.What is 75% of 480?
  36. 36.A mobile phone costs ₹1200. It is sold at a 15% profit. What is the selling price (in ₹)?
  37. 37.The price of a school bag changed from ₹20 to ₹25. What is the percentage increase?
  38. 38.What is 30% of 840?
  39. 39.A sewing machine bought for ₹700 is sold for ₹910. What is the profit per cent?
  40. 40.What is 70% of 540?

Answer key

  1. 2970
  2. 15
  3. 3320
  4. 13920
  5. 14060
  6. 75
  7. 121
  8. 996
  9. 10
  10. 1035
  11. 492
  12. 486
  13. 120
  14. 10
  15. 5
  16. 1805
  17. 3344
  18. 40
  19. 1300
  20. 594
  21. 20
  22. 2625
  23. 24
  24. 440
  25. 60
  26. 2730
  27. 10
  28. 40
  29. 60
  30. 2755
  31. 50
  32. 50
  33. 90
  34. 260
  35. 360
  36. 1380
  37. 25
  38. 252
  39. 30
  40. 378

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