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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 580 · 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 cricket ball changed from ₹40 to ₹28. What is the percentage decrease?
  2. 2.A cycle bought for ₹600 is sold for ₹672. What is the profit per cent?
  3. 3.What is 60% of 900?
  4. 4.What is the simple interest on ₹9400 at 11% per year for 3 years (in ₹)?
  5. 5.A watch costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹720. What is the profit (in ₹)?
  7. 7.A cricket kit bought for ₹2900 is sold for ₹3335. What is the profit per cent?
  8. 8.What is 45% of 740?
  9. 9.A table costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?
  10. 10.A mobile phone costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
  11. 11.A fan costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
  12. 12.What is 75% of 560?
  13. 13.The price of a cricket ball changed from ₹250 to ₹200. What is the percentage decrease?
  14. 14.What is 35% of 220?
  15. 15.The price of a school bag changed from ₹100 to ₹20. What is the percentage decrease?
  16. 16.A cricket kit bought for ₹1300 is sold for ₹780. What is the loss per cent?
  17. 17.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2570. What is the profit (in ₹)?
  18. 18.The price of a water bottle changed from ₹20 to ₹25. What is the percentage increase?
  19. 19.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2010. What is the loss (in ₹)?
  20. 20.A table bought for ₹3200 is sold for ₹4480. What is the profit per cent?
  21. 21.What is the simple interest on ₹8900 at 6% per year for 5 years (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹300 and sells it for ₹350. What is the profit (in ₹)?
  23. 23.A watch costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
  24. 24.A table bought for ₹1900 is sold for ₹950. What is the loss per cent?
  25. 25.What is 75% of 460?
  26. 26.The price of a pair of shoes changed from ₹20 to ₹36. What is the percentage increase?
  27. 27.What is the simple interest on ₹900 at 4% per year for 5 years (in ₹)?
  28. 28.What is the simple interest on ₹9400 at 11% per year for 4 years (in ₹)?
  29. 29.A sewing machine costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
  30. 30.A cooler costs ₹1200. It is sold at a 30% loss. What is the selling price (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹6600 at 10% per year for 3 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 1 year (in ₹)?
  33. 33.The price of a school bag changed from ₹250 to ₹50. What is the percentage decrease?
  34. 34.What is the simple interest on ₹2300 at 6% per year for 3 years (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹2500 and sells it for ₹2690. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹9900 at 10% per year for 4 years (in ₹)?
  37. 37.A table bought for ₹3200 is sold for ₹3584. What is the profit per cent?
  38. 38.A cricket kit bought for ₹2000 is sold for ₹1760. What is the loss per cent?
  39. 39.A table bought for ₹3100 is sold for ₹2728. What is the loss per cent?
  40. 40.What is the amount (principal + simple interest) on ₹3100 at 12% per year for 5 years (in ₹)?

Answer key

  1. 30
  2. 12
  3. 540
  4. 3102
  5. 1020
  6. 120
  7. 15
  8. 333
  9. 1995
  10. 2960
  11. 600
  12. 420
  13. 20
  14. 77
  15. 80
  16. 40
  17. 20
  18. 25
  19. 40
  20. 40
  21. 2670
  22. 50
  23. 1425
  24. 50
  25. 345
  26. 80
  27. 180
  28. 4136
  29. 525
  30. 840
  31. 8580
  32. 5665
  33. 80
  34. 414
  35. 190
  36. 13860
  37. 12
  38. 12
  39. 12
  40. 4960

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