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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 432 · 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 shopkeeper buys a watch for ₹700 and sells it for ₹490. What is the loss (in ₹)?
  2. 2.A mobile phone costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
  3. 3.A mobile phone costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 4 years (in ₹)?
  5. 5.What is the simple interest on ₹4100 at 4% per year for 5 years (in ₹)?
  6. 6.A cricket kit costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹500 and sells it for ₹540. What is the profit (in ₹)?
  8. 8.A fan bought for ₹3000 is sold for ₹2700. What is the loss per cent?
  9. 9.A shopkeeper buys a fan for ₹2250 and sells it for ₹2450. What is the profit (in ₹)?
  10. 10.The price of a cricket ball changed from ₹40 to ₹4. What is the percentage decrease?
  11. 11.A cooler costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
  12. 12.A fan bought for ₹2400 is sold for ₹2520. What is the profit per cent?
  13. 13.A cricket kit bought for ₹1900 is sold for ₹2128. What is the profit per cent?
  14. 14.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1860. What is the profit (in ₹)?
  15. 15.A cycle costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
  16. 16.A table bought for ₹3800 is sold for ₹3040. What is the loss per cent?
  17. 17.A sewing machine costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹5700 at 9% per year for 4 years (in ₹)?
  19. 19.A table costs ₹3300. It is sold at a 50% loss. What is the selling price (in ₹)?
  20. 20.What is 40% of 940?
  21. 21.A cycle bought for ₹3700 is sold for ₹2590. What is the loss per cent?
  22. 22.What is the simple interest on ₹6300 at 4% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹750. What is the loss (in ₹)?
  24. 24.What is the simple interest on ₹1000 at 2% per year for 3 years (in ₹)?
  25. 25.A cooler bought for ₹400 is sold for ₹460. What is the profit per cent?
  26. 26.What is the simple interest on ₹9000 at 10% per year for 3 years (in ₹)?
  27. 27.What is 85% of 380?
  28. 28.A table costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 1 year (in ₹)?
  30. 30.A watch costs ₹1500. It is sold at a 5% profit. What is the selling price (in ₹)?
  31. 31.A fan bought for ₹700 is sold for ₹1050. What is the profit per cent?
  32. 32.What is 55% of 440?
  33. 33.A table costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2150. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a watch for ₹1950 and sells it for ₹2070. What is the profit (in ₹)?
  36. 36.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2430. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹4800 at 8% per year for 1 year (in ₹)?
  38. 38.A cycle costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
  39. 39.A sewing machine costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.What is 70% of 140?

Answer key

  1. 210
  2. 360
  3. 440
  4. 10360
  5. 820
  6. 3256
  7. 40
  8. 10
  9. 200
  10. 90
  11. 3875
  12. 5
  13. 12
  14. 10
  15. 2040
  16. 20
  17. 900
  18. 2052
  19. 1650
  20. 376
  21. 30
  22. 756
  23. 50
  24. 60
  25. 15
  26. 2700
  27. 323
  28. 1080
  29. 2775
  30. 1575
  31. 50
  32. 242
  33. 2040
  34. 50
  35. 120
  36. 120
  37. 5184
  38. 210
  39. 300
  40. 98

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