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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 400 · 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 watch for ₹700 and sells it for ₹940. What is the profit (in ₹)?
  2. 2.What is 95% of 80?
  3. 3.The price of a water bottle changed from ₹40 to ₹10. What is the percentage decrease?
  4. 4.What is 85% of 40?
  5. 5.A fan costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
  6. 6.The price of a cricket ball changed from ₹80 to ₹72. What is the percentage decrease?
  7. 7.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2090. What is the profit (in ₹)?
  8. 8.A cricket kit bought for ₹3700 is sold for ₹5550. What is the profit per cent?
  9. 9.What is 80% of 280?
  10. 10.A shopkeeper buys a table for ₹2800 and sells it for ₹3030. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹5200 at 10% per year for 3 years (in ₹)?
  12. 12.The price of a water bottle changed from ₹80 to ₹128. What is the percentage increase?
  13. 13.The price of a box of mangoes changed from ₹100 to ₹99. What is the percentage decrease?
  14. 14.A shopkeeper buys a watch for ₹1850 and sells it for ₹1600. What is the loss (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹5200 at 7% per year for 3 years (in ₹)?
  16. 16.What is the simple interest on ₹7600 at 11% per year for 1 year (in ₹)?
  17. 17.A cycle costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹200 to ₹360. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹600 at 10% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a watch for ₹250 and sells it for ₹160. What is the loss (in ₹)?
  21. 21.What is the simple interest on ₹1300 at 9% per year for 2 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a table for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
  24. 24.A cycle bought for ₹400 is sold for ₹320. What is the loss per cent?
  25. 25.A shopkeeper buys a watch for ₹2450 and sells it for ₹2560. What is the profit (in ₹)?
  26. 26.What is the simple interest on ₹8700 at 10% per year for 3 years (in ₹)?
  27. 27.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
  28. 28.What is 95% of 500?
  29. 29.A table costs ₹2700. It is sold at a 30% profit. What is the selling price (in ₹)?
  30. 30.A sewing machine costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
  31. 31.A cycle costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
  32. 32.A table costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
  33. 33.A shopkeeper buys a fan for ₹800 and sells it for ₹1020. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2210. What is the profit (in ₹)?
  35. 35.What is 10% of 280?
  36. 36.A cooler bought for ₹1800 is sold for ₹2520. What is the profit per cent?
  37. 37.A shopkeeper buys a fan for ₹1650 and sells it for ₹1580. What is the loss (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 5 years (in ₹)?
  39. 39.A watch bought for ₹1600 is sold for ₹960. What is the loss per cent?
  40. 40.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 1 year (in ₹)?

Answer key

  1. 240
  2. 76
  3. 75
  4. 34
  5. 3080
  6. 10
  7. 40
  8. 50
  9. 224
  10. 230
  11. 6760
  12. 60
  13. 1
  14. 250
  15. 6292
  16. 836
  17. 2310
  18. 80
  19. 780
  20. 90
  21. 234
  22. 9222
  23. 200
  24. 20
  25. 110
  26. 2610
  27. 2
  28. 475
  29. 3510
  30. 320
  31. 1105
  32. 900
  33. 220
  34. 110
  35. 28
  36. 40
  37. 70
  38. 1210
  39. 40
  40. 2750

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