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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 356 · 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 bought for ₹4000 is sold for ₹3600. What is the loss per cent?
  2. 2.What is 80% of 180?
  3. 3.A mobile phone costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
  4. 4.What is 30% of 360?
  5. 5.What is 85% of 400?
  6. 6.The price of a water bottle changed from ₹250 to ₹255. What is the percentage increase?
  7. 7.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹2030. What is the profit (in ₹)?
  8. 8.What is the simple interest on ₹7900 at 4% per year for 5 years (in ₹)?
  9. 9.A mobile phone costs ₹400. It is sold at a 15% loss. What is the selling price (in ₹)?
  10. 10.The price of a school bag changed from ₹200 to ₹140. What is the percentage decrease?
  11. 11.A table bought for ₹3100 is sold for ₹3720. What is the profit per cent?
  12. 12.What is 30% of 380?
  13. 13.A watch bought for ₹3100 is sold for ₹2170. What is the loss per cent?
  14. 14.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 5 years (in ₹)?
  15. 15.A fan bought for ₹2800 is sold for ₹3220. What is the profit per cent?
  16. 16.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1610. What is the loss (in ₹)?
  17. 17.What is 20% of 280?
  18. 18.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 3 years (in ₹)?
  19. 19.A shopkeeper buys a watch for ₹250 and sells it for ₹290. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹2300 at 10% per year for 4 years (in ₹)?
  21. 21.A sewing machine costs ₹3000. It is sold at a 15% profit. What is the selling price (in ₹)?
  22. 22.A table costs ₹1100. It is sold at a 30% loss. What is the selling price (in ₹)?
  23. 23.The price of a pair of shoes changed from ₹500 to ₹510. What is the percentage increase?
  24. 24.A shopkeeper buys a cycle for ₹400 and sells it for ₹270. What is the loss (in ₹)?
  25. 25.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  26. 26.What is the amount (principal + simple interest) on ₹9700 at 2% per year for 3 years (in ₹)?
  27. 27.What is the simple interest on ₹3000 at 8% per year for 5 years (in ₹)?
  28. 28.What is the simple interest on ₹8600 at 4% per year for 5 years (in ₹)?
  29. 29.A cricket kit costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
  30. 30.A mobile phone costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
  31. 31.A mobile phone costs ₹1600. It is sold at a 10% loss. What is the selling price (in ₹)?
  32. 32.The price of a water bottle changed from ₹400 to ₹240. What is the percentage decrease?
  33. 33.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1740. What is the loss (in ₹)?
  34. 34.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1440. What is the profit (in ₹)?
  35. 35.A cricket kit costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
  36. 36.What is 20% of 560?
  37. 37.A cycle bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  38. 38.What is 20% of 160?
  39. 39.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2320. What is the profit (in ₹)?
  40. 40.What is 60% of 60?

Answer key

  1. 10
  2. 144
  3. 1380
  4. 108
  5. 340
  6. 2
  7. 130
  8. 1580
  9. 340
  10. 30
  11. 20
  12. 114
  13. 30
  14. 6600
  15. 15
  16. 90
  17. 56
  18. 1360
  19. 40
  20. 3220
  21. 3450
  22. 770
  23. 2
  24. 130
  25. 20
  26. 10282
  27. 1200
  28. 1720
  29. 2250
  30. 2750
  31. 1440
  32. 40
  33. 60
  34. 140
  35. 896
  36. 112
  37. 25
  38. 32
  39. 20
  40. 36

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