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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 949 · 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 watch costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2220. What is the profit (in ₹)?
  3. 3.A cooler costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
  4. 4.What is 35% of 880?
  5. 5.What is the simple interest on ₹4600 at 12% per year for 3 years (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹3500 at 4% per year for 3 years (in ₹)?
  7. 7.What is 15% of 460?
  8. 8.A mobile phone bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  9. 9.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 2 years (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1400 at 2% per year for 1 year (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹7300 at 12% per year for 3 years (in ₹)?
  12. 12.The price of a pair of shoes changed from ₹100 to ₹140. What is the percentage increase?
  13. 13.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 3 years (in ₹)?
  14. 14.A shopkeeper buys a fan for ₹1650 and sells it for ₹1570. What is the loss (in ₹)?
  15. 15.A fan bought for ₹500 is sold for ₹425. What is the loss per cent?
  16. 16.The price of a box of mangoes changed from ₹20 to ₹36. What is the percentage increase?
  17. 17.What is the amount (principal + simple interest) on ₹900 at 3% per year for 4 years (in ₹)?
  18. 18.The price of a water bottle changed from ₹500 to ₹100. What is the percentage decrease?
  19. 19.A cricket kit costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹2550 and sells it for ₹2830. What is the profit (in ₹)?
  21. 21.A cooler costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
  22. 22.A sewing machine bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  23. 23.A watch costs ₹2000. It is sold at a 40% loss. What is the selling price (in ₹)?
  24. 24.A watch bought for ₹800 is sold for ₹880. What is the profit per cent?
  25. 25.The price of a cricket ball changed from ₹50 to ₹20. What is the percentage decrease?
  26. 26.The price of a pair of shoes changed from ₹500 to ₹900. What is the percentage increase?
  27. 27.A cycle costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1890. What is the loss (in ₹)?
  29. 29.The price of a box of mangoes changed from ₹200 to ₹204. What is the percentage increase?
  30. 30.What is 35% of 760?
  31. 31.What is the simple interest on ₹2500 at 8% per year for 1 year (in ₹)?
  32. 32.A cricket kit bought for ₹3300 is sold for ₹4620. What is the profit per cent?
  33. 33.The price of a box of mangoes changed from ₹25 to ₹10. What is the percentage decrease?
  34. 34.A shopkeeper buys a fan for ₹1550 and sells it for ₹1400. What is the loss (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2310. What is the profit (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5700 at 4% per year for 3 years (in ₹)?
  37. 37.The price of a school bag changed from ₹100 to ₹95. What is the percentage decrease?
  38. 38.What is the amount (principal + simple interest) on ₹9800 at 9% per year for 5 years (in ₹)?
  39. 39.A cricket kit costs ₹1700. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.A cycle bought for ₹900 is sold for ₹630. What is the loss per cent?

Answer key

  1. 1260
  2. 170
  3. 490
  4. 308
  5. 1656
  6. 3920
  7. 69
  8. 12
  9. 4032
  10. 1428
  11. 9928
  12. 40
  13. 1180
  14. 80
  15. 15
  16. 80
  17. 1008
  18. 80
  19. 990
  20. 280
  21. 2992
  22. 40
  23. 1200
  24. 10
  25. 60
  26. 80
  27. 1275
  28. 10
  29. 2
  30. 266
  31. 200
  32. 40
  33. 60
  34. 150
  35. 260
  36. 6384
  37. 5
  38. 14210
  39. 2550
  40. 30

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