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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 276 · 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 table for ₹2950 and sells it for ₹3180. What is the profit (in ₹)?
  2. 2.What is 40% of 380?
  3. 3.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2010. What is the loss (in ₹)?
  4. 4.A shopkeeper buys a cycle for ₹550 and sells it for ₹520. What is the loss (in ₹)?
  5. 5.What is 70% of 300?
  6. 6.A cooler bought for ₹3700 is sold for ₹4440. What is the profit per cent?
  7. 7.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 5 years (in ₹)?
  8. 8.A shopkeeper buys a fan for ₹2650 and sells it for ₹2670. What is the profit (in ₹)?
  9. 9.What is 75% of 200?
  10. 10.What is 30% of 840?
  11. 11.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
  12. 12.The price of a cricket ball changed from ₹200 to ₹40. What is the percentage decrease?
  13. 13.A watch bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  14. 14.The price of a box of mangoes changed from ₹500 to ₹600. What is the percentage increase?
  15. 15.A watch costs ₹1800. It is sold at a 15% profit. What is the selling price (in ₹)?
  16. 16.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹860. What is the loss (in ₹)?
  17. 17.What is the simple interest on ₹6200 at 6% per year for 1 year (in ₹)?
  18. 18.What is 20% of 700?
  19. 19.The price of a bus pass changed from ₹40 to ₹4. What is the percentage decrease?
  20. 20.What is the amount (principal + simple interest) on ₹9200 at 5% per year for 4 years (in ₹)?
  21. 21.A table costs ₹3900. It is sold at a 15% loss. What is the selling price (in ₹)?
  22. 22.What is 70% of 780?
  23. 23.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
  24. 24.What is 25% of 800?
  25. 25.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹380. What is the profit (in ₹)?
  26. 26.A cooler bought for ₹900 is sold for ₹450. What is the loss per cent?
  27. 27.A watch bought for ₹1300 is sold for ₹1456. What is the profit per cent?
  28. 28.A fan bought for ₹3600 is sold for ₹3240. What is the loss per cent?
  29. 29.What is 5% of 700?
  30. 30.What is 65% of 140?
  31. 31.A cooler bought for ₹3900 is sold for ₹4368. What is the profit per cent?
  32. 32.What is the amount (principal + simple interest) on ₹9400 at 9% per year for 2 years (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹300 and sells it for ₹320. What is the profit (in ₹)?
  34. 34.The price of a cricket ball changed from ₹250 to ₹100. What is the percentage decrease?
  35. 35.What is the amount (principal + simple interest) on ₹900 at 12% per year for 2 years (in ₹)?
  36. 36.What is the simple interest on ₹1200 at 7% per year for 4 years (in ₹)?
  37. 37.What is the simple interest on ₹3100 at 6% per year for 5 years (in ₹)?
  38. 38.A cycle costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
  39. 39.The price of a pair of shoes changed from ₹80 to ₹32. What is the percentage decrease?
  40. 40.A sewing machine costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?

Answer key

  1. 230
  2. 152
  3. 190
  4. 30
  5. 210
  6. 20
  7. 4600
  8. 20
  9. 150
  10. 252
  11. 50
  12. 80
  13. 12
  14. 20
  15. 2070
  16. 140
  17. 372
  18. 140
  19. 90
  20. 11040
  21. 3315
  22. 546
  23. 2
  24. 200
  25. 130
  26. 50
  27. 12
  28. 10
  29. 35
  30. 91
  31. 12
  32. 11092
  33. 20
  34. 60
  35. 1116
  36. 336
  37. 930
  38. 360
  39. 60
  40. 375

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