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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 368 · 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 55% of 760?
  2. 2.A sewing machine costs ₹2300. It is sold at a 25% loss. What is the selling price (in ₹)?
  3. 3.A watch bought for ₹800 is sold for ₹920. What is the profit per cent?
  4. 4.What is the simple interest on ₹1500 at 9% per year for 2 years (in ₹)?
  5. 5.A shopkeeper buys a cooler for ₹550 and sells it for ₹530. What is the loss (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹1600 at 3% per year for 4 years (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹9900 at 2% per year for 1 year (in ₹)?
  8. 8.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
  9. 9.A shopkeeper buys a cooler for ₹1350 and sells it for ₹1190. What is the loss (in ₹)?
  10. 10.The price of a pair of shoes changed from ₹80 to ₹16. What is the percentage decrease?
  11. 11.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹830. What is the profit (in ₹)?
  12. 12.A cricket kit costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
  13. 13.A cooler costs ₹1600. It is sold at a 50% profit. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹1700 at 12% per year for 4 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹8000 at 9% per year for 5 years (in ₹)?
  16. 16.What is 55% of 160?
  17. 17.A fan costs ₹3600. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.A mobile phone costs ₹1700. It is sold at a 20% profit. What is the selling price (in ₹)?
  19. 19.A watch bought for ₹3600 is sold for ₹3420. What is the loss per cent?
  20. 20.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
  21. 21.What is 35% of 620?
  22. 22.A mobile phone costs ₹400. It is sold at a 40% loss. What is the selling price (in ₹)?
  23. 23.A table costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3020. What is the profit (in ₹)?
  25. 25.A watch bought for ₹500 is sold for ₹650. What is the profit per cent?
  26. 26.A cycle costs ₹200. It is sold at a 20% loss. What is the selling price (in ₹)?
  27. 27.The price of a school bag changed from ₹20 to ₹14. What is the percentage decrease?
  28. 28.A cooler bought for ₹2400 is sold for ₹1680. What is the loss per cent?
  29. 29.A cricket kit bought for ₹400 is sold for ₹352. What is the loss per cent?
  30. 30.A shopkeeper buys a fan for ₹200 and sells it for ₹120. What is the loss (in ₹)?
  31. 31.A table bought for ₹400 is sold for ₹280. What is the loss per cent?
  32. 32.What is the simple interest on ₹1300 at 8% per year for 5 years (in ₹)?
  33. 33.A mobile phone costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?
  34. 34.A cooler bought for ₹800 is sold for ₹1120. What is the profit per cent?
  35. 35.A cycle costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
  36. 36.A watch bought for ₹1100 is sold for ₹880. What is the loss per cent?
  37. 37.A cooler bought for ₹2800 is sold for ₹3920. What is the profit per cent?
  38. 38.The price of a water bottle changed from ₹20 to ₹12. What is the percentage decrease?
  39. 39.A shopkeeper buys a cycle for ₹700 and sells it for ₹730. What is the profit (in ₹)?
  40. 40.What is 20% of 60?

Answer key

  1. 418
  2. 1725
  3. 15
  4. 270
  5. 20
  6. 1792
  7. 10098
  8. 10
  9. 160
  10. 80
  11. 180
  12. 1050
  13. 2400
  14. 816
  15. 11600
  16. 88
  17. 4680
  18. 2040
  19. 5
  20. 30
  21. 217
  22. 240
  23. 2730
  24. 170
  25. 30
  26. 160
  27. 30
  28. 30
  29. 12
  30. 80
  31. 30
  32. 520
  33. 1050
  34. 40
  35. 1540
  36. 20
  37. 40
  38. 40
  39. 30
  40. 12

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