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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 80 · 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.What is 25% of 140?
  2. 2.A sewing machine bought for ₹800 is sold for ₹960. What is the profit per cent?
  3. 3.What is 85% of 400?
  4. 4.A cycle costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
  5. 5.A shopkeeper buys a table for ₹2850 and sells it for ₹2830. What is the loss (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹1200 at 8% per year for 1 year (in ₹)?
  7. 7.A shopkeeper buys a table for ₹2350 and sells it for ₹2290. What is the loss (in ₹)?
  8. 8.A cycle costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹1700 and sells it for ₹1480. What is the loss (in ₹)?
  10. 10.A mobile phone costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
  11. 11.What is 60% of 100?
  12. 12.A shopkeeper buys a fan for ₹250 and sells it for ₹460. What is the profit (in ₹)?
  13. 13.What is the simple interest on ₹800 at 4% per year for 5 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 1 year (in ₹)?
  15. 15.What is the simple interest on ₹7200 at 3% per year for 2 years (in ₹)?
  16. 16.What is 70% of 160?
  17. 17.What is 40% of 900?
  18. 18.What is the amount (principal + simple interest) on ₹5700 at 8% per year for 3 years (in ₹)?
  19. 19.The price of a cricket ball changed from ₹20 to ₹18. What is the percentage decrease?
  20. 20.What is the simple interest on ₹2700 at 5% per year for 2 years (in ₹)?
  21. 21.A mobile phone costs ₹3200. It is sold at a 30% loss. What is the selling price (in ₹)?
  22. 22.A mobile phone bought for ₹1500 is sold for ₹2250. What is the profit per cent?
  23. 23.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 4 years (in ₹)?
  24. 24.What is 10% of 740?
  25. 25.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹640. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a table for ₹1850 and sells it for ₹1700. What is the loss (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹3000 at 12% per year for 5 years (in ₹)?
  28. 28.What is the simple interest on ₹1400 at 4% per year for 1 year (in ₹)?
  29. 29.A sewing machine bought for ₹300 is sold for ₹360. What is the profit per cent?
  30. 30.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹190. What is the loss (in ₹)?
  31. 31.What is 55% of 760?
  32. 32.A fan bought for ₹200 is sold for ₹260. What is the profit per cent?
  33. 33.The price of a bus pass changed from ₹20 to ₹10. What is the percentage decrease?
  34. 34.A shopkeeper buys a table for ₹1550 and sells it for ₹1600. What is the profit (in ₹)?
  35. 35.The price of a school bag changed from ₹200 to ₹190. What is the percentage decrease?
  36. 36.What is 40% of 820?
  37. 37.What is the simple interest on ₹1000 at 2% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a cooler for ₹900 and sells it for ₹1150. What is the profit (in ₹)?
  39. 39.A fan costs ₹1300. It is sold at a 5% profit. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹310. What is the loss (in ₹)?

Answer key

  1. 35
  2. 20
  3. 340
  4. 480
  5. 20
  6. 1296
  7. 60
  8. 1955
  9. 220
  10. 875
  11. 60
  12. 210
  13. 160
  14. 1957
  15. 432
  16. 112
  17. 360
  18. 7068
  19. 10
  20. 270
  21. 2240
  22. 50
  23. 4836
  24. 74
  25. 10
  26. 150
  27. 4800
  28. 56
  29. 20
  30. 260
  31. 418
  32. 30
  33. 50
  34. 50
  35. 5
  36. 328
  37. 80
  38. 250
  39. 1365
  40. 90

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