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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 460 · 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 sewing machine costs ₹1600. It is sold at a 12% profit. What is the selling price (in ₹)?
  2. 2.A cricket kit bought for ₹800 is sold for ₹1200. What is the profit per cent?
  3. 3.What is the simple interest on ₹5400 at 5% per year for 1 year (in ₹)?
  4. 4.A watch bought for ₹1600 is sold for ₹1408. What is the loss per cent?
  5. 5.A watch costs ₹3800. It is sold at a 30% profit. What is the selling price (in ₹)?
  6. 6.What is 35% of 160?
  7. 7.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹540. What is the loss (in ₹)?
  8. 8.What is 60% of 620?
  9. 9.What is the simple interest on ₹900 at 5% per year for 1 year (in ₹)?
  10. 10.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
  11. 11.What is the amount (principal + simple interest) on ₹4200 at 6% per year for 1 year (in ₹)?
  12. 12.A mobile phone costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
  13. 13.A cycle bought for ₹300 is sold for ₹375. What is the profit per cent?
  14. 14.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1550. What is the loss (in ₹)?
  15. 15.A cooler costs ₹800. It is sold at a 50% loss. What is the selling price (in ₹)?
  16. 16.What is 70% of 760?
  17. 17.What is 75% of 420?
  18. 18.What is the amount (principal + simple interest) on ₹2600 at 6% per year for 5 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹900 at 3% per year for 3 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 5 years (in ₹)?
  21. 21.A sewing machine bought for ₹1900 is sold for ₹1615. What is the loss per cent?
  22. 22.A cooler bought for ₹3100 is sold for ₹1860. What is the loss per cent?
  23. 23.A cycle bought for ₹3800 is sold for ₹3990. What is the profit per cent?
  24. 24.A cycle costs ₹3200. It is sold at a 30% profit. What is the selling price (in ₹)?
  25. 25.A cycle costs ₹4000. It is sold at a 30% profit. What is the selling price (in ₹)?
  26. 26.A sewing machine bought for ₹1100 is sold for ₹990. What is the loss per cent?
  27. 27.A shopkeeper buys a fan for ₹200 and sells it for ₹270. What is the profit (in ₹)?
  28. 28.What is 65% of 900?
  29. 29.A watch costs ₹1900. It is sold at a 5% loss. What is the selling price (in ₹)?
  30. 30.A cooler bought for ₹2800 is sold for ₹4200. What is the profit per cent?
  31. 31.What is 25% of 780?
  32. 32.A shopkeeper buys a fan for ₹1550 and sells it for ₹1490. What is the loss (in ₹)?
  33. 33.A shopkeeper buys a table for ₹1050 and sells it for ₹1310. What is the profit (in ₹)?
  34. 34.A watch costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
  35. 35.A watch bought for ₹400 is sold for ₹280. What is the loss per cent?
  36. 36.The price of a cricket ball changed from ₹200 to ₹260. What is the percentage increase?
  37. 37.What is the amount (principal + simple interest) on ₹9600 at 6% per year for 5 years (in ₹)?
  38. 38.What is 40% of 180?
  39. 39.What is 15% of 40?
  40. 40.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 1 year (in ₹)?

Answer key

  1. 1792
  2. 50
  3. 270
  4. 12
  5. 4940
  6. 56
  7. 10
  8. 372
  9. 45
  10. 30
  11. 4452
  12. 1040
  13. 25
  14. 150
  15. 400
  16. 532
  17. 315
  18. 3380
  19. 981
  20. 7130
  21. 15
  22. 40
  23. 5
  24. 4160
  25. 5200
  26. 10
  27. 70
  28. 585
  29. 1805
  30. 50
  31. 195
  32. 60
  33. 260
  34. 200
  35. 30
  36. 30
  37. 12480
  38. 72
  39. 6
  40. 10058

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