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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 930 · 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 mobile phone costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
  2. 2.A sewing machine bought for ₹1400 is sold for ₹1610. What is the profit per cent?
  3. 3.What is the simple interest on ₹7100 at 5% per year for 1 year (in ₹)?
  4. 4.What is 20% of 800?
  5. 5.The price of a water bottle changed from ₹400 to ₹200. What is the percentage decrease?
  6. 6.What is 10% of 640?
  7. 7.A cricket kit bought for ₹3700 is sold for ₹4144. What is the profit per cent?
  8. 8.The price of a school bag changed from ₹200 to ₹260. What is the percentage increase?
  9. 9.What is the simple interest on ₹3900 at 2% per year for 2 years (in ₹)?
  10. 10.What is 90% of 920?
  11. 11.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹3070. What is the profit (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹3500 at 8% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2440. What is the loss (in ₹)?
  14. 14.What is 75% of 1000?
  15. 15.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 2 years (in ₹)?
  16. 16.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹410. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹500 at 3% per year for 3 years (in ₹)?
  18. 18.A cycle costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
  19. 19.What is the simple interest on ₹7200 at 7% per year for 2 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹10000 at 5% per year for 1 year (in ₹)?
  21. 21.What is 90% of 280?
  22. 22.What is the simple interest on ₹8700 at 10% per year for 1 year (in ₹)?
  23. 23.A watch bought for ₹3700 is sold for ₹3885. What is the profit per cent?
  24. 24.A shopkeeper buys a table for ₹200 and sells it for ₹130. What is the loss (in ₹)?
  25. 25.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹910. What is the loss (in ₹)?
  26. 26.A cricket kit costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
  27. 27.A sewing machine costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
  28. 28.What is 45% of 980?
  29. 29.What is the amount (principal + simple interest) on ₹1900 at 6% per year for 4 years (in ₹)?
  30. 30.The price of a school bag changed from ₹40 to ₹76. What is the percentage increase?
  31. 31.A watch costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
  32. 32.A sewing machine costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹750 and sells it for ₹960. What is the profit (in ₹)?
  34. 34.What is 90% of 900?
  35. 35.What is 70% of 240?
  36. 36.A cricket kit bought for ₹4000 is sold for ₹3800. What is the loss per cent?
  37. 37.What is the simple interest on ₹800 at 5% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹2150 and sells it for ₹1850. What is the loss (in ₹)?
  39. 39.What is 80% of 240?
  40. 40.What is 25% of 500?

Answer key

  1. 3256
  2. 15
  3. 355
  4. 160
  5. 50
  6. 64
  7. 12
  8. 30
  9. 156
  10. 828
  11. 270
  12. 4060
  13. 260
  14. 750
  15. 6384
  16. 40
  17. 545
  18. 3220
  19. 1008
  20. 10500
  21. 252
  22. 870
  23. 5
  24. 70
  25. 190
  26. 2000
  27. 1955
  28. 441
  29. 2356
  30. 90
  31. 1920
  32. 500
  33. 210
  34. 810
  35. 168
  36. 5
  37. 160
  38. 300
  39. 192
  40. 125

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