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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 175 · 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 sewing machine bought for ₹1100 is sold for ₹1375. What is the profit per cent?
  2. 2.A shopkeeper buys a table for ₹2600 and sells it for ₹2800. What is the profit (in ₹)?
  3. 3.What is 40% of 60?
  4. 4.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 1 year (in ₹)?
  5. 5.A shopkeeper buys a table for ₹2550 and sells it for ₹2660. What is the profit (in ₹)?
  6. 6.The price of a pair of shoes changed from ₹100 to ₹98. What is the percentage decrease?
  7. 7.What is the amount (principal + simple interest) on ₹5600 at 12% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹680. What is the profit (in ₹)?
  9. 9.What is 70% of 1000?
  10. 10.What is 85% of 200?
  11. 11.What is the simple interest on ₹800 at 5% per year for 5 years (in ₹)?
  12. 12.A shopkeeper buys a watch for ₹2650 and sells it for ₹2420. What is the loss (in ₹)?
  13. 13.A cycle costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
  14. 14.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  15. 15.A sewing machine bought for ₹1400 is sold for ₹1680. What is the profit per cent?
  16. 16.The price of a bus pass changed from ₹200 to ₹380. What is the percentage increase?
  17. 17.What is the amount (principal + simple interest) on ₹500 at 10% per year for 1 year (in ₹)?
  18. 18.What is 75% of 460?
  19. 19.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 1 year (in ₹)?
  20. 20.A watch bought for ₹1400 is sold for ₹1120. What is the loss per cent?
  21. 21.What is 15% of 100?
  22. 22.What is the simple interest on ₹1800 at 9% per year for 1 year (in ₹)?
  23. 23.What is 95% of 600?
  24. 24.What is the simple interest on ₹7200 at 3% per year for 2 years (in ₹)?
  25. 25.A shopkeeper buys a fan for ₹1100 and sells it for ₹1320. What is the profit (in ₹)?
  26. 26.A cooler costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
  27. 27.A mobile phone bought for ₹900 is sold for ₹1080. What is the profit per cent?
  28. 28.The price of a box of mangoes changed from ₹100 to ₹130. What is the percentage increase?
  29. 29.What is 40% of 740?
  30. 30.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 5 years (in ₹)?
  31. 31.What is the simple interest on ₹6100 at 12% per year for 1 year (in ₹)?
  32. 32.What is 65% of 220?
  33. 33.The price of a school bag changed from ₹80 to ₹112. What is the percentage increase?
  34. 34.The price of a school bag changed from ₹40 to ₹10. What is the percentage decrease?
  35. 35.What is the simple interest on ₹9000 at 8% per year for 5 years (in ₹)?
  36. 36.A cricket kit bought for ₹300 is sold for ₹375. What is the profit per cent?
  37. 37.The price of a water bottle changed from ₹50 to ₹40. What is the percentage decrease?
  38. 38.What is 90% of 540?
  39. 39.What is the amount (principal + simple interest) on ₹6200 at 11% per year for 1 year (in ₹)?
  40. 40.What is 75% of 980?

Answer key

  1. 25
  2. 200
  3. 24
  4. 3744
  5. 110
  6. 2
  7. 6272
  8. 80
  9. 700
  10. 170
  11. 200
  12. 230
  13. 3136
  14. 20
  15. 20
  16. 90
  17. 550
  18. 345
  19. 6678
  20. 20
  21. 15
  22. 162
  23. 570
  24. 432
  25. 220
  26. 1750
  27. 20
  28. 30
  29. 296
  30. 3640
  31. 732
  32. 143
  33. 40
  34. 75
  35. 3600
  36. 25
  37. 20
  38. 486
  39. 6882
  40. 735

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