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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 319 · 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 cricket kit costs ₹2300. It is sold at a 30% loss. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹9500 at 4% per year for 1 year (in ₹)?
  3. 3.The price of a cricket ball changed from ₹500 to ₹50. What is the percentage decrease?
  4. 4.The price of a water bottle changed from ₹20 to ₹8. What is the percentage decrease?
  5. 5.A cooler costs ₹4000. It is sold at a 15% loss. What is the selling price (in ₹)?
  6. 6.A cooler bought for ₹400 is sold for ₹500. What is the profit per cent?
  7. 7.What is 25% of 780?
  8. 8.What is 85% of 300?
  9. 9.The price of a water bottle changed from ₹500 to ₹125. What is the percentage decrease?
  10. 10.A fan bought for ₹3700 is sold for ₹2960. What is the loss per cent?
  11. 11.A fan costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
  12. 12.A watch costs ₹1800. It is sold at a 50% profit. What is the selling price (in ₹)?
  13. 13.A shopkeeper buys a watch for ₹1750 and sells it for ₹1650. What is the loss (in ₹)?
  14. 14.A watch costs ₹500. It is sold at a 25% profit. What is the selling price (in ₹)?
  15. 15.The price of a box of mangoes changed from ₹500 to ₹200. What is the percentage decrease?
  16. 16.A shopkeeper buys a table for ₹2150 and sells it for ₹1930. What is the loss (in ₹)?
  17. 17.What is 40% of 900?
  18. 18.What is the amount (principal + simple interest) on ₹600 at 9% per year for 4 years (in ₹)?
  19. 19.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹2900. What is the profit (in ₹)?
  20. 20.What is 60% of 80?
  21. 21.A shopkeeper buys a fan for ₹1850 and sells it for ₹2060. What is the profit (in ₹)?
  22. 22.What is 85% of 1000?
  23. 23.What is the amount (principal + simple interest) on ₹1300 at 2% per year for 3 years (in ₹)?
  24. 24.A table bought for ₹1900 is sold for ₹1672. What is the loss per cent?
  25. 25.What is 45% of 800?
  26. 26.A shopkeeper buys a fan for ₹1400 and sells it for ₹1300. What is the loss (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹5700 at 5% per year for 1 year (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹3300 at 9% per year for 2 years (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹8000 at 7% per year for 1 year (in ₹)?
  30. 30.The price of a cricket ball changed from ₹20 to ₹2. What is the percentage decrease?
  31. 31.What is 25% of 740?
  32. 32.A mobile phone costs ₹300. It is sold at a 15% loss. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1750. What is the profit (in ₹)?
  34. 34.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
  35. 35.What is 80% of 40?
  36. 36.What is 10% of 120?
  37. 37.A shopkeeper buys a cycle for ₹650 and sells it for ₹690. What is the profit (in ₹)?
  38. 38.A cycle bought for ₹3200 is sold for ₹2240. What is the loss per cent?
  39. 39.A shopkeeper buys a table for ₹2900 and sells it for ₹2910. What is the profit (in ₹)?
  40. 40.What is 90% of 620?

Answer key

  1. 1610
  2. 380
  3. 90
  4. 60
  5. 3400
  6. 25
  7. 195
  8. 255
  9. 75
  10. 20
  11. 420
  12. 2700
  13. 100
  14. 625
  15. 60
  16. 220
  17. 360
  18. 816
  19. 150
  20. 48
  21. 210
  22. 850
  23. 1378
  24. 12
  25. 360
  26. 100
  27. 5985
  28. 3894
  29. 8560
  30. 90
  31. 185
  32. 255
  33. 200
  34. 90
  35. 32
  36. 12
  37. 40
  38. 30
  39. 10
  40. 558

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