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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 371 · 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 cricket kit for ₹2750 and sells it for ₹2740. What is the loss (in ₹)?
  2. 2.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  3. 3.What is the amount (principal + simple interest) on ₹900 at 10% per year for 3 years (in ₹)?
  4. 4.What is 10% of 120?
  5. 5.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
  6. 6.A shopkeeper buys a cycle for ₹900 and sells it for ₹1180. What is the profit (in ₹)?
  7. 7.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2130. What is the loss (in ₹)?
  8. 8.A shopkeeper buys a fan for ₹1850 and sells it for ₹1830. What is the loss (in ₹)?
  9. 9.A cycle costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.A table bought for ₹1500 is sold for ₹1800. What is the profit per cent?
  11. 11.The price of a school bag changed from ₹40 to ₹56. What is the percentage increase?
  12. 12.What is the simple interest on ₹4900 at 11% per year for 2 years (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹8500 at 9% per year for 5 years (in ₹)?
  14. 14.A table bought for ₹1100 is sold for ₹990. What is the loss per cent?
  15. 15.A watch bought for ₹300 is sold for ₹270. What is the loss per cent?
  16. 16.A shopkeeper buys a cooler for ₹2100 and sells it for ₹2370. What is the profit (in ₹)?
  17. 17.The price of a pair of shoes changed from ₹40 to ₹72. What is the percentage increase?
  18. 18.A fan costs ₹3600. It is sold at a 25% profit. What is the selling price (in ₹)?
  19. 19.What is 55% of 740?
  20. 20.A mobile phone bought for ₹1000 is sold for ₹800. What is the loss per cent?
  21. 21.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹380. What is the profit (in ₹)?
  22. 22.A table bought for ₹3600 is sold for ₹4680. What is the profit per cent?
  23. 23.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 1 year (in ₹)?
  24. 24.A fan costs ₹900. It is sold at a 20% loss. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹5200 at 7% per year for 1 year (in ₹)?
  26. 26.The price of a school bag changed from ₹20 to ₹8. What is the percentage decrease?
  27. 27.The price of a school bag changed from ₹100 to ₹40. What is the percentage decrease?
  28. 28.The price of a water bottle changed from ₹400 to ₹440. What is the percentage increase?
  29. 29.What is the simple interest on ₹5500 at 6% per year for 3 years (in ₹)?
  30. 30.What is 85% of 1000?
  31. 31.What is the simple interest on ₹8200 at 9% per year for 5 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 1 year (in ₹)?
  33. 33.What is the simple interest on ₹2500 at 7% per year for 5 years (in ₹)?
  34. 34.The price of a water bottle changed from ₹200 to ₹380. What is the percentage increase?
  35. 35.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹120. What is the loss (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 4 years (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹2300 and sells it for ₹2270. What is the loss (in ₹)?
  38. 38.What is the simple interest on ₹2000 at 4% per year for 1 year (in ₹)?
  39. 39.What is the simple interest on ₹7200 at 5% per year for 1 year (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹5600 at 8% per year for 3 years (in ₹)?

Answer key

  1. 10
  2. 60
  3. 1170
  4. 12
  5. 60
  6. 280
  7. 20
  8. 20
  9. 704
  10. 20
  11. 40
  12. 1078
  13. 12325
  14. 10
  15. 10
  16. 270
  17. 80
  18. 4500
  19. 407
  20. 20
  21. 80
  22. 30
  23. 8140
  24. 720
  25. 364
  26. 60
  27. 60
  28. 10
  29. 990
  30. 850
  31. 3690
  32. 4635
  33. 875
  34. 90
  35. 80
  36. 3024
  37. 30
  38. 80
  39. 360
  40. 6944

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