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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 763 · 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 cycle costs ₹4000. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.What is 15% of 220?
  3. 3.The price of a pair of shoes changed from ₹500 to ₹100. What is the percentage decrease?
  4. 4.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2520. What is the profit (in ₹)?
  5. 5.What is 70% of 1000?
  6. 6.A shopkeeper buys a cooler for ₹250 and sells it for ₹450. What is the profit (in ₹)?
  7. 7.What is 65% of 40?
  8. 8.What is 15% of 900?
  9. 9.What is 75% of 940?
  10. 10.What is 65% of 540?
  11. 11.A shopkeeper buys a watch for ₹1450 and sells it for ₹1400. What is the loss (in ₹)?
  12. 12.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2710. What is the profit (in ₹)?
  13. 13.The price of a bus pass changed from ₹50 to ₹35. What is the percentage decrease?
  14. 14.A sewing machine bought for ₹2700 is sold for ₹3024. What is the profit per cent?
  15. 15.The price of a bus pass changed from ₹100 to ₹190. What is the percentage increase?
  16. 16.A fan costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
  17. 17.A mobile phone costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹9600 at 12% per year for 5 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 2 years (in ₹)?
  20. 20.What is the simple interest on ₹1000 at 2% per year for 4 years (in ₹)?
  21. 21.A mobile phone bought for ₹3000 is sold for ₹3300. What is the profit per cent?
  22. 22.What is the simple interest on ₹3000 at 2% per year for 1 year (in ₹)?
  23. 23.A cricket kit bought for ₹3100 is sold for ₹3410. What is the profit per cent?
  24. 24.A sewing machine costs ₹700. It is sold at a 10% loss. What is the selling price (in ₹)?
  25. 25.A shopkeeper buys a watch for ₹550 and sells it for ₹410. What is the loss (in ₹)?
  26. 26.What is 15% of 560?
  27. 27.What is the simple interest on ₹7700 at 8% per year for 5 years (in ₹)?
  28. 28.A sewing machine costs ₹3500. It is sold at a 30% profit. What is the selling price (in ₹)?
  29. 29.What is 45% of 500?
  30. 30.What is 70% of 480?
  31. 31.The price of a cricket ball changed from ₹25 to ₹10. What is the percentage decrease?
  32. 32.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1850. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2900. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹830. What is the profit (in ₹)?
  35. 35.The price of a cricket ball changed from ₹80 to ₹48. What is the percentage decrease?
  36. 36.What is 65% of 720?
  37. 37.The price of a box of mangoes changed from ₹100 to ₹110. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 4 years (in ₹)?
  39. 39.A cycle costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹730. What is the loss (in ₹)?

Answer key

  1. 3600
  2. 33
  3. 80
  4. 120
  5. 700
  6. 200
  7. 26
  8. 135
  9. 705
  10. 351
  11. 50
  12. 160
  13. 30
  14. 12
  15. 90
  16. 2590
  17. 1050
  18. 5760
  19. 4560
  20. 80
  21. 10
  22. 60
  23. 10
  24. 630
  25. 140
  26. 84
  27. 3080
  28. 4550
  29. 225
  30. 336
  31. 60
  32. 300
  33. 200
  34. 280
  35. 40
  36. 468
  37. 10
  38. 3596
  39. 2750
  40. 270

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