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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 962 · 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 cooler costs ₹3900. It is sold at a 50% loss. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹700. What is the loss (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹20 to ₹26. What is the percentage increase?
  4. 4.A table bought for ₹400 is sold for ₹420. What is the profit per cent?
  5. 5.A shopkeeper buys a fan for ₹1350 and sells it for ₹1280. What is the loss (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1330. What is the loss (in ₹)?
  7. 7.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
  8. 8.The price of a water bottle changed from ₹40 to ₹38. What is the percentage decrease?
  9. 9.What is the amount (principal + simple interest) on ₹6300 at 4% per year for 3 years (in ₹)?
  10. 10.A table costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
  11. 11.What is 60% of 400?
  12. 12.What is 20% of 360?
  13. 13.What is the simple interest on ₹6000 at 5% per year for 4 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹1100 at 5% per year for 2 years (in ₹)?
  15. 15.The price of a water bottle changed from ₹200 to ₹210. What is the percentage increase?
  16. 16.What is 40% of 620?
  17. 17.A sewing machine costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  18. 18.The price of a school bag changed from ₹250 to ₹100. What is the percentage decrease?
  19. 19.What is the amount (principal + simple interest) on ₹6700 at 4% per year for 4 years (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹3800 at 3% per year for 1 year (in ₹)?
  21. 21.A cycle costs ₹3600. It is sold at a 10% loss. What is the selling price (in ₹)?
  22. 22.A watch bought for ₹2000 is sold for ₹1760. What is the loss per cent?
  23. 23.A shopkeeper buys a watch for ₹250 and sells it for ₹240. What is the loss (in ₹)?
  24. 24.What is the simple interest on ₹9600 at 7% per year for 2 years (in ₹)?
  25. 25.What is the simple interest on ₹1800 at 8% per year for 2 years (in ₹)?
  26. 26.A table bought for ₹700 is sold for ₹490. What is the loss per cent?
  27. 27.What is 70% of 840?
  28. 28.A cricket kit costs ₹1400. It is sold at a 15% profit. What is the selling price (in ₹)?
  29. 29.The price of a pair of shoes changed from ₹80 to ₹64. What is the percentage decrease?
  30. 30.A shopkeeper buys a watch for ₹3000 and sells it for ₹2900. What is the loss (in ₹)?
  31. 31.What is 70% of 180?
  32. 32.A watch costs ₹2000. It is sold at a 30% profit. What is the selling price (in ₹)?
  33. 33.A table bought for ₹1400 is sold for ₹1610. What is the profit per cent?
  34. 34.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 1 year (in ₹)?
  35. 35.What is 90% of 840?
  36. 36.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2650. What is the loss (in ₹)?
  37. 37.A table bought for ₹3300 is sold for ₹2475. What is the loss per cent?
  38. 38.What is the amount (principal + simple interest) on ₹900 at 7% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1650. What is the loss (in ₹)?
  40. 40.A fan costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?

Answer key

  1. 1950
  2. 250
  3. 30
  4. 5
  5. 70
  6. 170
  7. 60
  8. 5
  9. 7056
  10. 1260
  11. 240
  12. 72
  13. 1200
  14. 1210
  15. 5
  16. 248
  17. 2970
  18. 60
  19. 7772
  20. 3914
  21. 3240
  22. 12
  23. 10
  24. 1344
  25. 288
  26. 30
  27. 588
  28. 1610
  29. 20
  30. 100
  31. 126
  32. 2600
  33. 15
  34. 4944
  35. 756
  36. 250
  37. 25
  38. 1152
  39. 300
  40. 672

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