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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 593 · 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 ₹300 and sells it for ₹520. What is the profit (in ₹)?
  2. 2.What is 85% of 440?
  3. 3.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2470. What is the profit (in ₹)?
  4. 4.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  5. 5.The price of a pair of shoes changed from ₹40 to ₹10. What is the percentage decrease?
  6. 6.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
  7. 7.What is the simple interest on ₹9200 at 2% per year for 5 years (in ₹)?
  8. 8.A fan bought for ₹2600 is sold for ₹2288. What is the loss per cent?
  9. 9.What is 60% of 680?
  10. 10.What is the amount (principal + simple interest) on ₹8500 at 12% per year for 4 years (in ₹)?
  11. 11.A fan costs ₹3900. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.What is the amount (principal + simple interest) on ₹9500 at 3% per year for 2 years (in ₹)?
  13. 13.A shopkeeper buys a fan for ₹1550 and sells it for ₹1670. What is the profit (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹7800 at 3% per year for 4 years (in ₹)?
  15. 15.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1270. What is the loss (in ₹)?
  16. 16.What is 45% of 600?
  17. 17.What is 90% of 180?
  18. 18.A watch costs ₹3400. It is sold at a 5% loss. What is the selling price (in ₹)?
  19. 19.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1130. What is the loss (in ₹)?
  20. 20.A shopkeeper buys a cooler for ₹900 and sells it for ₹1200. What is the profit (in ₹)?
  21. 21.The price of a water bottle changed from ₹80 to ₹56. What is the percentage decrease?
  22. 22.What is 45% of 620?
  23. 23.A table costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
  24. 24.What is the simple interest on ₹5200 at 7% per year for 1 year (in ₹)?
  25. 25.A shopkeeper buys a fan for ₹2650 and sells it for ₹2600. What is the loss (in ₹)?
  26. 26.The price of a box of mangoes changed from ₹200 to ₹80. What is the percentage decrease?
  27. 27.A shopkeeper buys a table for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
  28. 28.A table bought for ₹2100 is sold for ₹2625. What is the profit per cent?
  29. 29.The price of a water bottle changed from ₹100 to ₹160. What is the percentage increase?
  30. 30.A sewing machine costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
  31. 31.What is 65% of 1000?
  32. 32.A watch bought for ₹800 is sold for ₹400. What is the loss per cent?
  33. 33.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
  34. 34.What is 20% of 840?
  35. 35.What is the simple interest on ₹1400 at 6% per year for 5 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 1 year (in ₹)?
  37. 37.The price of a pair of shoes changed from ₹250 to ₹400. What is the percentage increase?
  38. 38.A cycle costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
  39. 39.A cycle costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
  40. 40.What is 80% of 560?

Answer key

  1. 220
  2. 374
  3. 170
  4. 60
  5. 75
  6. 25
  7. 920
  8. 12
  9. 408
  10. 12580
  11. 3120
  12. 10070
  13. 120
  14. 8736
  15. 80
  16. 270
  17. 162
  18. 3230
  19. 120
  20. 300
  21. 30
  22. 279
  23. 3125
  24. 364
  25. 50
  26. 60
  27. 240
  28. 25
  29. 60
  30. 225
  31. 650
  32. 50
  33. 20
  34. 168
  35. 420
  36. 3286
  37. 60
  38. 2160
  39. 1080
  40. 448

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