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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 574 · 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 cycle for ₹1900 and sells it for ₹2190. What is the profit (in ₹)?
  2. 2.A watch bought for ₹3600 is sold for ₹3240. What is the loss per cent?
  3. 3.The price of a box of mangoes changed from ₹40 to ₹20. What is the percentage decrease?
  4. 4.What is the amount (principal + simple interest) on ₹700 at 6% per year for 1 year (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹8000 at 5% per year for 4 years (in ₹)?
  6. 6.A cricket kit costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
  7. 7.A fan bought for ₹3400 is sold for ₹4080. What is the profit per cent?
  8. 8.A sewing machine bought for ₹2400 is sold for ₹2160. What is the loss per cent?
  9. 9.A mobile phone costs ₹900. It is sold at a 25% loss. What is the selling price (in ₹)?
  10. 10.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
  11. 11.A cricket kit costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.A cooler bought for ₹3200 is sold for ₹4160. What is the profit per cent?
  13. 13.A watch bought for ₹1500 is sold for ₹1725. What is the profit per cent?
  14. 14.What is the amount (principal + simple interest) on ₹6300 at 12% per year for 4 years (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1410. What is the loss (in ₹)?
  16. 16.What is 85% of 180?
  17. 17.A fan costs ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
  18. 18.The price of a school bag changed from ₹80 to ₹60. What is the percentage decrease?
  19. 19.A watch bought for ₹200 is sold for ₹240. What is the profit per cent?
  20. 20.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1050. What is the profit (in ₹)?
  21. 21.The price of a water bottle changed from ₹50 to ₹55. What is the percentage increase?
  22. 22.A cooler bought for ₹2700 is sold for ₹3375. What is the profit per cent?
  23. 23.A cricket kit bought for ₹2100 is sold for ₹2520. What is the profit per cent?
  24. 24.What is 70% of 580?
  25. 25.The price of a box of mangoes changed from ₹400 to ₹700. What is the percentage increase?
  26. 26.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹680. What is the loss (in ₹)?
  27. 27.What is the simple interest on ₹7900 at 7% per year for 4 years (in ₹)?
  28. 28.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
  29. 29.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 2 years (in ₹)?
  30. 30.A shopkeeper buys a table for ₹2350 and sells it for ₹2240. What is the loss (in ₹)?
  31. 31.A watch costs ₹1700. It is sold at a 5% profit. What is the selling price (in ₹)?
  32. 32.The price of a water bottle changed from ₹40 to ₹64. What is the percentage increase?
  33. 33.What is 20% of 440?
  34. 34.What is the amount (principal + simple interest) on ₹7300 at 5% per year for 3 years (in ₹)?
  35. 35.What is the simple interest on ₹9400 at 11% per year for 1 year (in ₹)?
  36. 36.What is the simple interest on ₹6400 at 5% per year for 3 years (in ₹)?
  37. 37.A mobile phone bought for ₹200 is sold for ₹300. What is the profit per cent?
  38. 38.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
  39. 39.What is 70% of 920?
  40. 40.The price of a bus pass changed from ₹40 to ₹4. What is the percentage decrease?

Answer key

  1. 290
  2. 10
  3. 50
  4. 742
  5. 9600
  6. 1750
  7. 20
  8. 10
  9. 675
  10. 20
  11. 1440
  12. 30
  13. 15
  14. 9324
  15. 240
  16. 153
  17. 3150
  18. 25
  19. 20
  20. 50
  21. 10
  22. 25
  23. 20
  24. 406
  25. 75
  26. 270
  27. 2212
  28. 60
  29. 3348
  30. 110
  31. 1785
  32. 60
  33. 88
  34. 8395
  35. 1034
  36. 960
  37. 50
  38. 20
  39. 644
  40. 90

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