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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 395 · 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 90% of 760?
  2. 2.What is the simple interest on ₹2900 at 4% per year for 5 years (in ₹)?
  3. 3.A sewing machine bought for ₹900 is sold for ₹990. What is the profit per cent?
  4. 4.A shopkeeper buys a watch for ₹350 and sells it for ₹130. What is the loss (in ₹)?
  5. 5.What is 25% of 420?
  6. 6.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2300. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹2750 and sells it for ₹2820. What is the profit (in ₹)?
  8. 8.The price of a water bottle changed from ₹250 to ₹50. What is the percentage decrease?
  9. 9.The price of a water bottle changed from ₹80 to ₹56. What is the percentage decrease?
  10. 10.A fan bought for ₹3900 is sold for ₹4875. What is the profit per cent?
  11. 11.A cycle costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
  12. 12.What is 85% of 200?
  13. 13.A sewing machine costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹6800 at 11% per year for 1 year (in ₹)?
  15. 15.A mobile phone costs ₹2600. It is sold at a 10% profit. What is the selling price (in ₹)?
  16. 16.What is the simple interest on ₹1400 at 5% per year for 5 years (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹1600 and sells it for ₹1560. What is the loss (in ₹)?
  18. 18.A shopkeeper buys a cycle for ₹550 and sells it for ₹530. What is the loss (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹6100 at 8% per year for 3 years (in ₹)?
  20. 20.A mobile phone bought for ₹2000 is sold for ₹3000. What is the profit per cent?
  21. 21.The price of a cricket ball changed from ₹400 to ₹392. What is the percentage decrease?
  22. 22.A shopkeeper buys a table for ₹600 and sells it for ₹710. What is the profit (in ₹)?
  23. 23.What is 5% of 400?
  24. 24.A watch bought for ₹2100 is sold for ₹1470. What is the loss per cent?
  25. 25.What is 30% of 560?
  26. 26.A cycle costs ₹1300. It is sold at a 30% profit. What is the selling price (in ₹)?
  27. 27.A table costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
  28. 28.A watch bought for ₹2400 is sold for ₹3600. What is the profit per cent?
  29. 29.What is the simple interest on ₹8400 at 11% per year for 1 year (in ₹)?
  30. 30.What is 55% of 240?
  31. 31.What is the amount (principal + simple interest) on ₹1600 at 2% per year for 4 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹3300 at 3% per year for 4 years (in ₹)?
  33. 33.A table costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
  34. 34.A fan bought for ₹400 is sold for ₹380. What is the loss per cent?
  35. 35.The price of a cricket ball changed from ₹40 to ₹16. What is the percentage decrease?
  36. 36.A sewing machine bought for ₹2600 is sold for ₹3640. What is the profit per cent?
  37. 37.What is the simple interest on ₹9700 at 2% per year for 5 years (in ₹)?
  38. 38.The price of a box of mangoes changed from ₹25 to ₹10. What is the percentage decrease?
  39. 39.The price of a box of mangoes changed from ₹400 to ₹80. What is the percentage decrease?
  40. 40.What is 65% of 400?

Answer key

  1. 684
  2. 580
  3. 10
  4. 220
  5. 105
  6. 250
  7. 70
  8. 80
  9. 30
  10. 25
  11. 1520
  12. 170
  13. 1450
  14. 7548
  15. 2860
  16. 350
  17. 40
  18. 20
  19. 7564
  20. 50
  21. 2
  22. 110
  23. 20
  24. 30
  25. 168
  26. 1690
  27. 1120
  28. 50
  29. 924
  30. 132
  31. 1728
  32. 3696
  33. 1408
  34. 5
  35. 60
  36. 40
  37. 970
  38. 60
  39. 80
  40. 260

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