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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 127 · 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 shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1800. What is the loss (in ₹)?
  2. 2.What is 65% of 880?
  3. 3.What is the amount (principal + simple interest) on ₹600 at 3% per year for 1 year (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹5100 at 12% per year for 4 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹9300 at 5% per year for 2 years (in ₹)?
  6. 6.What is 35% of 320?
  7. 7.What is the amount (principal + simple interest) on ₹2100 at 3% per year for 5 years (in ₹)?
  8. 8.What is 90% of 300?
  9. 9.A shopkeeper buys a watch for ₹550 and sells it for ₹700. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹850 and sells it for ₹610. What is the loss (in ₹)?
  11. 11.A cricket kit bought for ₹200 is sold for ₹260. What is the profit per cent?
  12. 12.The price of a bus pass changed from ₹50 to ₹49. What is the percentage decrease?
  13. 13.The price of a water bottle changed from ₹500 to ₹875. What is the percentage increase?
  14. 14.A cricket kit costs ₹1400. It is sold at a 30% loss. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 1 year (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹7000 at 3% per year for 3 years (in ₹)?
  17. 17.A shopkeeper buys a fan for ₹800 and sells it for ₹970. What is the profit (in ₹)?
  18. 18.A watch bought for ₹2600 is sold for ₹2990. What is the profit per cent?
  19. 19.What is 70% of 900?
  20. 20.What is 70% of 300?
  21. 21.What is the simple interest on ₹3600 at 3% per year for 4 years (in ₹)?
  22. 22.A cricket kit bought for ₹400 is sold for ₹560. What is the profit per cent?
  23. 23.What is the amount (principal + simple interest) on ₹7000 at 9% per year for 4 years (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 2 years (in ₹)?
  25. 25.The price of a water bottle changed from ₹500 to ₹510. What is the percentage increase?
  26. 26.What is 95% of 180?
  27. 27.What is the amount (principal + simple interest) on ₹6800 at 7% per year for 1 year (in ₹)?
  28. 28.What is 5% of 900?
  29. 29.The price of a bus pass changed from ₹50 to ₹25. What is the percentage decrease?
  30. 30.What is the amount (principal + simple interest) on ₹6700 at 8% per year for 3 years (in ₹)?
  31. 31.What is 20% of 620?
  32. 32.A mobile phone bought for ₹2600 is sold for ₹3380. What is the profit per cent?
  33. 33.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 4 years (in ₹)?
  34. 34.What is 40% of 620?
  35. 35.A sewing machine bought for ₹2000 is sold for ₹2240. What is the profit per cent?
  36. 36.A watch costs ₹200. It is sold at a 40% profit. What is the selling price (in ₹)?
  37. 37.A table costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
  38. 38.A cycle costs ₹400. It is sold at a 15% profit. What is the selling price (in ₹)?
  39. 39.A cooler bought for ₹3300 is sold for ₹4620. What is the profit per cent?
  40. 40.What is 10% of 240?

Answer key

  1. 100
  2. 572
  3. 618
  4. 7548
  5. 10230
  6. 112
  7. 2415
  8. 270
  9. 150
  10. 240
  11. 30
  12. 2
  13. 75
  14. 980
  15. 1545
  16. 7630
  17. 170
  18. 15
  19. 630
  20. 210
  21. 432
  22. 40
  23. 9520
  24. 3776
  25. 2
  26. 171
  27. 7276
  28. 45
  29. 50
  30. 8308
  31. 124
  32. 30
  33. 4760
  34. 248
  35. 12
  36. 280
  37. 975
  38. 460
  39. 40
  40. 24

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