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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 513 · 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 75% of 720?
  2. 2.A fan costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
  3. 3.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1850. What is the profit (in ₹)?
  4. 4.A fan costs ₹1000. It is sold at a 20% loss. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹1000 at 8% per year for 4 years (in ₹)?
  6. 6.A cycle bought for ₹2100 is sold for ₹1995. What is the loss per cent?
  7. 7.A mobile phone costs ₹500. It is sold at a 50% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹600 at 8% per year for 4 years (in ₹)?
  9. 9.The price of a cricket ball changed from ₹250 to ₹350. What is the percentage increase?
  10. 10.What is the simple interest on ₹4900 at 10% per year for 1 year (in ₹)?
  11. 11.The price of a box of mangoes changed from ₹100 to ₹10. What is the percentage decrease?
  12. 12.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3080. What is the profit (in ₹)?
  13. 13.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
  14. 14.What is the simple interest on ₹4500 at 2% per year for 4 years (in ₹)?
  15. 15.A watch bought for ₹3600 is sold for ₹2160. What is the loss per cent?
  16. 16.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 2 years (in ₹)?
  17. 17.A mobile phone bought for ₹900 is sold for ₹765. What is the loss per cent?
  18. 18.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹780. What is the profit (in ₹)?
  19. 19.What is 70% of 700?
  20. 20.What is 85% of 440?
  21. 21.What is the simple interest on ₹5000 at 7% per year for 3 years (in ₹)?
  22. 22.The price of a water bottle changed from ₹400 to ₹280. What is the percentage decrease?
  23. 23.What is the amount (principal + simple interest) on ₹4000 at 9% per year for 4 years (in ₹)?
  24. 24.What is 20% of 780?
  25. 25.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
  26. 26.What is the amount (principal + simple interest) on ₹5300 at 3% per year for 5 years (in ₹)?
  27. 27.What is 25% of 520?
  28. 28.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 5 years (in ₹)?
  29. 29.What is the simple interest on ₹1400 at 3% per year for 3 years (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹400 to ₹760. What is the percentage increase?
  31. 31.The price of a water bottle changed from ₹400 to ₹404. What is the percentage increase?
  32. 32.A cricket kit costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹1300 at 11% per year for 4 years (in ₹)?
  34. 34.A cycle costs ₹1100. It is sold at a 15% profit. What is the selling price (in ₹)?
  35. 35.A shopkeeper buys a cooler for ₹700 and sells it for ₹730. What is the profit (in ₹)?
  36. 36.A sewing machine bought for ₹2800 is sold for ₹3500. What is the profit per cent?
  37. 37.A cricket kit costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
  38. 38.What is 40% of 40?
  39. 39.A shopkeeper buys a cycle for ₹350 and sells it for ₹540. What is the profit (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2660. What is the loss (in ₹)?

Answer key

  1. 540
  2. 935
  3. 50
  4. 800
  5. 1320
  6. 5
  7. 250
  8. 192
  9. 40
  10. 490
  11. 90
  12. 180
  13. 75
  14. 360
  15. 40
  16. 9672
  17. 15
  18. 230
  19. 490
  20. 374
  21. 1050
  22. 30
  23. 5440
  24. 156
  25. 25
  26. 6095
  27. 130
  28. 8740
  29. 126
  30. 90
  31. 1
  32. 1890
  33. 572
  34. 1265
  35. 30
  36. 25
  37. 2200
  38. 16
  39. 190
  40. 40

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