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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 983 · 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 cricket kit costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
  2. 2.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
  3. 3.A sewing machine costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
  4. 4.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2680. What is the profit (in ₹)?
  5. 5.A watch costs ₹3800. It is sold at a 10% loss. What is the selling price (in ₹)?
  6. 6.A cricket kit bought for ₹3400 is sold for ₹4760. What is the profit per cent?
  7. 7.What is the simple interest on ₹8400 at 10% per year for 2 years (in ₹)?
  8. 8.A table costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1790. What is the profit (in ₹)?
  10. 10.A sewing machine bought for ₹600 is sold for ₹720. What is the profit per cent?
  11. 11.A mobile phone bought for ₹3100 is sold for ₹2170. What is the loss per cent?
  12. 12.A fan bought for ₹500 is sold for ₹600. What is the profit per cent?
  13. 13.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2470. What is the profit (in ₹)?
  14. 14.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2730. What is the loss (in ₹)?
  15. 15.The price of a pair of shoes changed from ₹20 to ₹15. What is the percentage decrease?
  16. 16.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
  17. 17.What is 10% of 780?
  18. 18.What is the amount (principal + simple interest) on ₹3000 at 3% per year for 2 years (in ₹)?
  19. 19.A fan bought for ₹3400 is sold for ₹2992. What is the loss per cent?
  20. 20.What is the simple interest on ₹2300 at 9% per year for 4 years (in ₹)?
  21. 21.A cooler costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
  22. 22.The price of a bus pass changed from ₹100 to ₹120. What is the percentage increase?
  23. 23.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  24. 24.A table bought for ₹500 is sold for ₹600. What is the profit per cent?
  25. 25.What is the amount (principal + simple interest) on ₹8800 at 11% per year for 5 years (in ₹)?
  26. 26.What is the simple interest on ₹900 at 3% per year for 1 year (in ₹)?
  27. 27.The price of a bus pass changed from ₹20 to ₹26. What is the percentage increase?
  28. 28.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
  29. 29.A sewing machine costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a table for ₹2450 and sells it for ₹2200. What is the loss (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹4100 at 12% per year for 3 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹700 at 10% per year for 1 year (in ₹)?
  33. 33.A cooler costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
  34. 34.The price of a school bag changed from ₹20 to ₹28. What is the percentage increase?
  35. 35.The price of a water bottle changed from ₹25 to ₹35. What is the percentage increase?
  36. 36.What is 40% of 260?
  37. 37.The price of a bus pass changed from ₹100 to ₹110. What is the percentage increase?
  38. 38.What is 75% of 40?
  39. 39.What is the simple interest on ₹3300 at 2% per year for 3 years (in ₹)?
  40. 40.A table costs ₹3300. It is sold at a 25% loss. What is the selling price (in ₹)?

Answer key

  1. 1750
  2. 40
  3. 4290
  4. 30
  5. 3420
  6. 40
  7. 1680
  8. 2790
  9. 290
  10. 20
  11. 30
  12. 20
  13. 170
  14. 20
  15. 25
  16. 20
  17. 78
  18. 3180
  19. 12
  20. 828
  21. 1584
  22. 20
  23. 80
  24. 20
  25. 13640
  26. 27
  27. 30
  28. 40
  29. 450
  30. 250
  31. 5576
  32. 770
  33. 896
  34. 40
  35. 40
  36. 104
  37. 10
  38. 30
  39. 198
  40. 2475

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