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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 545 · 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.The price of a pair of shoes changed from ₹40 to ₹36. What is the percentage decrease?
  2. 2.A sewing machine costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
  3. 3.A cricket kit bought for ₹2700 is sold for ₹4050. What is the profit per cent?
  4. 4.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1070. What is the loss (in ₹)?
  5. 5.A cycle bought for ₹2700 is sold for ₹3780. What is the profit per cent?
  6. 6.A watch bought for ₹700 is sold for ₹595. What is the loss per cent?
  7. 7.What is 80% of 80?
  8. 8.What is 10% of 640?
  9. 9.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
  10. 10.The price of a cricket ball changed from ₹250 to ₹150. What is the percentage decrease?
  11. 11.What is the simple interest on ₹1600 at 12% per year for 1 year (in ₹)?
  12. 12.What is the simple interest on ₹8900 at 11% per year for 2 years (in ₹)?
  13. 13.What is the simple interest on ₹9200 at 12% per year for 5 years (in ₹)?
  14. 14.A cycle bought for ₹1200 is sold for ₹1380. What is the profit per cent?
  15. 15.The price of a pair of shoes changed from ₹250 to ₹245. What is the percentage decrease?
  16. 16.A shopkeeper buys a mobile phone for ₹350 and sells it for ₹630. What is the profit (in ₹)?
  17. 17.The price of a cricket ball changed from ₹20 to ₹5. What is the percentage decrease?
  18. 18.A mobile phone costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹4900 at 9% per year for 4 years (in ₹)?
  20. 20.A cycle bought for ₹1200 is sold for ₹1140. What is the loss per cent?
  21. 21.A shopkeeper buys a fan for ₹1000 and sells it for ₹730. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a table for ₹1750 and sells it for ₹1800. What is the profit (in ₹)?
  23. 23.What is the simple interest on ₹5400 at 3% per year for 1 year (in ₹)?
  24. 24.What is 25% of 540?
  25. 25.A watch costs ₹4000. It is sold at a 50% loss. What is the selling price (in ₹)?
  26. 26.A watch costs ₹900. It is sold at a 20% loss. What is the selling price (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹50 to ₹75. What is the percentage increase?
  28. 28.What is the simple interest on ₹2700 at 4% per year for 1 year (in ₹)?
  29. 29.The price of a cricket ball changed from ₹200 to ₹140. What is the percentage decrease?
  30. 30.What is the simple interest on ₹8000 at 12% per year for 2 years (in ₹)?
  31. 31.The price of a water bottle changed from ₹400 to ₹520. What is the percentage increase?
  32. 32.A mobile phone bought for ₹3400 is sold for ₹4250. What is the profit per cent?
  33. 33.What is 70% of 200?
  34. 34.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
  35. 35.What is 25% of 420?
  36. 36.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2390. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1430. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a table for ₹2450 and sells it for ₹2360. What is the loss (in ₹)?
  39. 39.What is 20% of 540?
  40. 40.A cooler costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?

Answer key

  1. 10
  2. 2340
  3. 50
  4. 80
  5. 40
  6. 15
  7. 64
  8. 64
  9. 30
  10. 40
  11. 192
  12. 1958
  13. 5520
  14. 15
  15. 2
  16. 280
  17. 75
  18. 1980
  19. 6664
  20. 5
  21. 270
  22. 50
  23. 162
  24. 135
  25. 2000
  26. 720
  27. 50
  28. 108
  29. 30
  30. 1920
  31. 30
  32. 25
  33. 140
  34. 40
  35. 105
  36. 40
  37. 120
  38. 90
  39. 108
  40. 805

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