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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 512 · 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 cycle for ₹650 and sells it for ₹710. What is the profit (in ₹)?
  2. 2.What is 35% of 500?
  3. 3.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1890. What is the profit (in ₹)?
  4. 4.The price of a water bottle changed from ₹100 to ₹120. What is the percentage increase?
  5. 5.What is the simple interest on ₹2700 at 11% per year for 2 years (in ₹)?
  6. 6.A fan costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a watch for ₹1050 and sells it for ₹1010. What is the loss (in ₹)?
  8. 8.What is the simple interest on ₹9400 at 2% per year for 2 years (in ₹)?
  9. 9.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2470. What is the loss (in ₹)?
  10. 10.A shopkeeper buys a fan for ₹500 and sells it for ₹520. What is the profit (in ₹)?
  11. 11.The price of a bus pass changed from ₹200 to ₹280. What is the percentage increase?
  12. 12.What is the amount (principal + simple interest) on ₹1900 at 9% per year for 5 years (in ₹)?
  13. 13.What is 20% of 280?
  14. 14.A fan bought for ₹3200 is sold for ₹2240. What is the loss per cent?
  15. 15.A shopkeeper buys a cooler for ₹2200 and sells it for ₹1940. What is the loss (in ₹)?
  16. 16.The price of a water bottle changed from ₹250 to ₹325. What is the percentage increase?
  17. 17.A cricket kit bought for ₹2600 is sold for ₹2990. What is the profit per cent?
  18. 18.The price of a pair of shoes changed from ₹200 to ₹198. What is the percentage decrease?
  19. 19.A fan bought for ₹1900 is sold for ₹1672. What is the loss per cent?
  20. 20.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1400. What is the loss (in ₹)?
  21. 21.A shopkeeper buys a watch for ₹2200 and sells it for ₹2110. What is the loss (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹1500 at 5% per year for 4 years (in ₹)?
  23. 23.A shopkeeper buys a table for ₹2450 and sells it for ₹2240. What is the loss (in ₹)?
  24. 24.A shopkeeper buys a cycle for ₹2450 and sells it for ₹2220. What is the loss (in ₹)?
  25. 25.A mobile phone bought for ₹3300 is sold for ₹3696. What is the profit per cent?
  26. 26.A fan bought for ₹3500 is sold for ₹3080. What is the loss per cent?
  27. 27.A watch costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2340. What is the loss (in ₹)?
  29. 29.What is the simple interest on ₹5400 at 6% per year for 1 year (in ₹)?
  30. 30.What is 70% of 40?
  31. 31.What is the simple interest on ₹2400 at 6% per year for 2 years (in ₹)?
  32. 32.A fan costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
  33. 33.The price of a bus pass changed from ₹20 to ₹25. What is the percentage increase?
  34. 34.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹2990. What is the loss (in ₹)?
  35. 35.A table bought for ₹2900 is sold for ₹1450. What is the loss per cent?
  36. 36.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1950. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹5100 at 4% per year for 4 years (in ₹)?
  38. 38.What is the simple interest on ₹9100 at 3% per year for 3 years (in ₹)?
  39. 39.What is 55% of 520?
  40. 40.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2840. What is the profit (in ₹)?

Answer key

  1. 60
  2. 175
  3. 290
  4. 20
  5. 594
  6. 1430
  7. 40
  8. 376
  9. 230
  10. 20
  11. 40
  12. 2755
  13. 56
  14. 30
  15. 260
  16. 30
  17. 15
  18. 1
  19. 12
  20. 50
  21. 90
  22. 1800
  23. 210
  24. 230
  25. 12
  26. 12
  27. 630
  28. 210
  29. 324
  30. 28
  31. 288
  32. 2240
  33. 25
  34. 10
  35. 50
  36. 50
  37. 5916
  38. 819
  39. 286
  40. 240

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