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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 847 · 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 bus pass changed from ₹100 to ₹40. What is the percentage decrease?
  2. 2.What is 35% of 280?
  3. 3.What is the simple interest on ₹1300 at 7% per year for 5 years (in ₹)?
  4. 4.A shopkeeper buys a fan for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
  5. 5.A sewing machine bought for ₹600 is sold for ₹630. What is the profit per cent?
  6. 6.A cycle bought for ₹4000 is sold for ₹4600. What is the profit per cent?
  7. 7.A table bought for ₹1100 is sold for ₹1430. What is the profit per cent?
  8. 8.What is the simple interest on ₹4300 at 8% per year for 3 years (in ₹)?
  9. 9.A watch bought for ₹300 is sold for ₹240. What is the loss per cent?
  10. 10.A sewing machine costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
  11. 11.What is 15% of 980?
  12. 12.A shopkeeper buys a table for ₹450 and sells it for ₹170. What is the loss (in ₹)?
  13. 13.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
  14. 14.A mobile phone costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
  15. 15.What is the simple interest on ₹2600 at 9% per year for 2 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹7800 at 2% per year for 5 years (in ₹)?
  17. 17.What is 5% of 380?
  18. 18.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2590. What is the loss (in ₹)?
  19. 19.A cycle costs ₹2500. It is sold at a 20% loss. What is the selling price (in ₹)?
  20. 20.A cricket kit bought for ₹3600 is sold for ₹3420. What is the loss per cent?
  21. 21.A shopkeeper buys a fan for ₹2950 and sells it for ₹2730. What is the loss (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹2700 at 3% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹8400 at 7% per year for 5 years (in ₹)?
  24. 24.What is 10% of 680?
  25. 25.A shopkeeper buys a cycle for ₹500 and sells it for ₹360. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2520. What is the profit (in ₹)?
  27. 27.A mobile phone bought for ₹1100 is sold for ₹880. What is the loss per cent?
  28. 28.What is 20% of 760?
  29. 29.A shopkeeper buys a table for ₹2200 and sells it for ₹2260. What is the profit (in ₹)?
  30. 30.A table bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  31. 31.The price of a cricket ball changed from ₹400 to ₹160. What is the percentage decrease?
  32. 32.The price of a bus pass changed from ₹250 to ₹375. What is the percentage increase?
  33. 33.A fan bought for ₹2200 is sold for ₹2750. What is the profit per cent?
  34. 34.A cooler bought for ₹600 is sold for ₹360. What is the loss per cent?
  35. 35.A cricket kit costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
  36. 36.What is 40% of 80?
  37. 37.A table costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
  38. 38.A cooler bought for ₹2800 is sold for ₹3360. What is the profit per cent?
  39. 39.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1710. What is the loss (in ₹)?
  40. 40.A sewing machine costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?

Answer key

  1. 60
  2. 98
  3. 455
  4. 110
  5. 5
  6. 15
  7. 30
  8. 1032
  9. 20
  10. 1260
  11. 147
  12. 280
  13. 20
  14. 3024
  15. 468
  16. 8580
  17. 19
  18. 10
  19. 2000
  20. 5
  21. 220
  22. 2781
  23. 2940
  24. 68
  25. 140
  26. 220
  27. 20
  28. 152
  29. 60
  30. 20
  31. 60
  32. 50
  33. 25
  34. 40
  35. 345
  36. 32
  37. 5400
  38. 20
  39. 40
  40. 1190

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