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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 606 · 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 ₹250 and sells it for ₹470. What is the profit (in ₹)?
  2. 2.What is 20% of 960?
  3. 3.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1040. What is the loss (in ₹)?
  4. 4.What is 55% of 860?
  5. 5.What is 10% of 520?
  6. 6.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 1 year (in ₹)?
  7. 7.A cooler bought for ₹2500 is sold for ₹1250. What is the loss per cent?
  8. 8.What is the amount (principal + simple interest) on ₹3600 at 7% per year for 3 years (in ₹)?
  9. 9.A sewing machine costs ₹2200. It is sold at a 12% profit. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1600. What is the loss (in ₹)?
  11. 11.A mobile phone bought for ₹3500 is sold for ₹3150. What is the loss per cent?
  12. 12.What is the amount (principal + simple interest) on ₹8400 at 10% per year for 4 years (in ₹)?
  13. 13.What is 20% of 780?
  14. 14.A mobile phone bought for ₹300 is sold for ₹264. What is the loss per cent?
  15. 15.The price of a school bag changed from ₹20 to ₹4. What is the percentage decrease?
  16. 16.What is the amount (principal + simple interest) on ₹600 at 3% per year for 3 years (in ₹)?
  17. 17.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1030. What is the loss (in ₹)?
  18. 18.What is 20% of 460?
  19. 19.What is 20% of 580?
  20. 20.What is 30% of 140?
  21. 21.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
  22. 22.A fan bought for ₹2400 is sold for ₹2640. What is the profit per cent?
  23. 23.A fan costs ₹900. It is sold at a 25% profit. What is the selling price (in ₹)?
  24. 24.The price of a water bottle changed from ₹200 to ₹260. What is the percentage increase?
  25. 25.A cooler bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  26. 26.What is the simple interest on ₹7100 at 9% per year for 2 years (in ₹)?
  27. 27.A table bought for ₹1400 is sold for ₹700. What is the loss per cent?
  28. 28.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2320. What is the profit (in ₹)?
  29. 29.What is the simple interest on ₹7600 at 4% per year for 2 years (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹400 to ₹396. What is the percentage decrease?
  31. 31.A cricket kit bought for ₹2400 is sold for ₹2520. What is the profit per cent?
  32. 32.What is the amount (principal + simple interest) on ₹7200 at 5% per year for 1 year (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹1100 at 4% per year for 1 year (in ₹)?
  34. 34.The price of a pair of shoes changed from ₹40 to ₹76. What is the percentage increase?
  35. 35.A cycle costs ₹2500. It is sold at a 12% loss. What is the selling price (in ₹)?
  36. 36.What is 60% of 660?
  37. 37.A mobile phone bought for ₹2600 is sold for ₹1820. What is the loss per cent?
  38. 38.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2840. What is the profit (in ₹)?
  39. 39.What is the simple interest on ₹4600 at 4% per year for 4 years (in ₹)?
  40. 40.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?

Answer key

  1. 220
  2. 192
  3. 160
  4. 473
  5. 52
  6. 4120
  7. 50
  8. 4356
  9. 2464
  10. 100
  11. 10
  12. 11760
  13. 156
  14. 12
  15. 80
  16. 654
  17. 220
  18. 92
  19. 116
  20. 42
  21. 5
  22. 10
  23. 1125
  24. 30
  25. 12
  26. 1278
  27. 50
  28. 70
  29. 608
  30. 1
  31. 5
  32. 7560
  33. 1144
  34. 90
  35. 2200
  36. 396
  37. 30
  38. 240
  39. 736
  40. 20

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