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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 583 · 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 bought for ₹3700 is sold for ₹1850. What is the loss per cent?
  2. 2.A sewing machine bought for ₹1700 is sold for ₹1955. What is the profit per cent?
  3. 3.The price of a box of mangoes changed from ₹25 to ₹35. What is the percentage increase?
  4. 4.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1490. What is the profit (in ₹)?
  5. 5.What is the simple interest on ₹7100 at 5% per year for 2 years (in ₹)?
  6. 6.What is the simple interest on ₹7400 at 4% per year for 2 years (in ₹)?
  7. 7.A shopkeeper buys a cycle for ₹700 and sells it for ₹790. What is the profit (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹9600 at 7% per year for 1 year (in ₹)?
  9. 9.What is 35% of 120?
  10. 10.A table costs ₹600. It is sold at a 10% profit. What is the selling price (in ₹)?
  11. 11.The price of a cricket ball changed from ₹50 to ₹40. What is the percentage decrease?
  12. 12.The price of a bus pass changed from ₹100 to ₹95. What is the percentage decrease?
  13. 13.A cycle costs ₹900. It is sold at a 25% profit. What is the selling price (in ₹)?
  14. 14.What is 65% of 760?
  15. 15.A cooler costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
  16. 16.What is 90% of 580?
  17. 17.The price of a water bottle changed from ₹200 to ₹220. What is the percentage increase?
  18. 18.A watch costs ₹1700. It is sold at a 15% loss. What is the selling price (in ₹)?
  19. 19.A cooler costs ₹3800. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹550 and sells it for ₹250. What is the loss (in ₹)?
  21. 21.A cycle bought for ₹1600 is sold for ₹1120. What is the loss per cent?
  22. 22.A sewing machine bought for ₹3900 is sold for ₹3120. What is the loss per cent?
  23. 23.What is the simple interest on ₹1200 at 2% per year for 2 years (in ₹)?
  24. 24.A table costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
  25. 25.The price of a bus pass changed from ₹400 to ₹200. What is the percentage decrease?
  26. 26.What is the amount (principal + simple interest) on ₹5900 at 3% per year for 3 years (in ₹)?
  27. 27.A cycle bought for ₹1100 is sold for ₹770. What is the loss per cent?
  28. 28.A mobile phone bought for ₹2400 is sold for ₹2160. What is the loss per cent?
  29. 29.A cricket kit costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
  30. 30.What is 60% of 540?
  31. 31.What is 25% of 220?
  32. 32.What is 45% of 600?
  33. 33.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
  34. 34.What is 75% of 180?
  35. 35.A table costs ₹1000. It is sold at a 40% profit. What is the selling price (in ₹)?
  36. 36.The price of a cricket ball changed from ₹80 to ₹128. What is the percentage increase?
  37. 37.A shopkeeper buys a watch for ₹1050 and sells it for ₹1330. What is the profit (in ₹)?
  38. 38.A sewing machine bought for ₹3000 is sold for ₹3600. What is the profit per cent?
  39. 39.A sewing machine bought for ₹4000 is sold for ₹3000. What is the loss per cent?
  40. 40.What is 90% of 120?

Answer key

  1. 50
  2. 15
  3. 40
  4. 190
  5. 710
  6. 592
  7. 90
  8. 10272
  9. 42
  10. 660
  11. 20
  12. 5
  13. 1125
  14. 494
  15. 1408
  16. 522
  17. 10
  18. 1445
  19. 3610
  20. 300
  21. 30
  22. 20
  23. 48
  24. 150
  25. 50
  26. 6431
  27. 30
  28. 10
  29. 1450
  30. 324
  31. 55
  32. 270
  33. 80
  34. 135
  35. 1400
  36. 60
  37. 280
  38. 20
  39. 25
  40. 108

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