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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 215 · 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.What is 70% of 640?
  2. 2.What is 95% of 580?
  3. 3.What is 95% of 700?
  4. 4.What is the simple interest on ₹8900 at 11% per year for 2 years (in ₹)?
  5. 5.A fan bought for ₹2100 is sold for ₹2415. What is the profit per cent?
  6. 6.A table bought for ₹2200 is sold for ₹2464. What is the profit per cent?
  7. 7.A watch bought for ₹2500 is sold for ₹1750. What is the loss per cent?
  8. 8.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹890. What is the profit (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹700 at 6% per year for 1 year (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹500 at 12% per year for 5 years (in ₹)?
  11. 11.What is the simple interest on ₹1100 at 5% per year for 2 years (in ₹)?
  12. 12.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
  13. 13.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2030. What is the loss (in ₹)?
  14. 14.The price of a water bottle changed from ₹40 to ₹44. What is the percentage increase?
  15. 15.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹2880. What is the loss (in ₹)?
  16. 16.What is 35% of 840?
  17. 17.What is 20% of 300?
  18. 18.What is the amount (principal + simple interest) on ₹3400 at 3% per year for 1 year (in ₹)?
  19. 19.What is the simple interest on ₹6800 at 3% per year for 1 year (in ₹)?
  20. 20.A cycle bought for ₹1100 is sold for ₹1210. What is the profit per cent?
  21. 21.A sewing machine bought for ₹2800 is sold for ₹2520. What is the loss per cent?
  22. 22.What is the simple interest on ₹1500 at 4% per year for 5 years (in ₹)?
  23. 23.A fan costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
  24. 24.A fan bought for ₹2700 is sold for ₹2835. What is the profit per cent?
  25. 25.A fan bought for ₹1300 is sold for ₹1950. What is the profit per cent?
  26. 26.A fan bought for ₹400 is sold for ₹320. What is the loss per cent?
  27. 27.What is 10% of 460?
  28. 28.A shopkeeper buys a cycle for ₹250 and sells it for ₹100. What is the loss (in ₹)?
  29. 29.A shopkeeper buys a table for ₹3000 and sells it for ₹2920. What is the loss (in ₹)?
  30. 30.What is 70% of 820?
  31. 31.What is the simple interest on ₹6500 at 5% per year for 3 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹9600 at 4% per year for 2 years (in ₹)?
  33. 33.What is 30% of 760?
  34. 34.The price of a pair of shoes changed from ₹400 to ₹560. What is the percentage increase?
  35. 35.A cooler costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a fan for ₹1950 and sells it for ₹2020. What is the profit (in ₹)?
  37. 37.What is 15% of 320?
  38. 38.A shopkeeper buys a cooler for ₹950 and sells it for ₹840. What is the loss (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹500 to ₹375. What is the percentage decrease?
  40. 40.A sewing machine costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?

Answer key

  1. 448
  2. 551
  3. 665
  4. 1958
  5. 15
  6. 12
  7. 30
  8. 90
  9. 742
  10. 800
  11. 110
  12. 60
  13. 120
  14. 10
  15. 70
  16. 294
  17. 60
  18. 3502
  19. 204
  20. 10
  21. 10
  22. 300
  23. 3136
  24. 5
  25. 50
  26. 20
  27. 46
  28. 150
  29. 80
  30. 574
  31. 975
  32. 10368
  33. 228
  34. 40
  35. 320
  36. 70
  37. 48
  38. 110
  39. 25
  40. 1750

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