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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 608 · 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 ₹2400 and sells it for ₹2590. What is the profit (in ₹)?
  2. 2.A sewing machine bought for ₹2600 is sold for ₹3120. What is the profit per cent?
  3. 3.What is the amount (principal + simple interest) on ₹9200 at 7% per year for 4 years (in ₹)?
  4. 4.The price of a cricket ball changed from ₹500 to ₹200. What is the percentage decrease?
  5. 5.A fan bought for ₹3600 is sold for ₹4680. What is the profit per cent?
  6. 6.A cycle costs ₹3200. It is sold at a 50% profit. What is the selling price (in ₹)?
  7. 7.What is the amount (principal + simple interest) on ₹500 at 3% per year for 1 year (in ₹)?
  8. 8.A watch costs ₹2400. It is sold at a 15% loss. What is the selling price (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹7900 at 7% per year for 3 years (in ₹)?
  10. 10.A table costs ₹1500. It is sold at a 20% profit. What is the selling price (in ₹)?
  11. 11.A mobile phone costs ₹3500. It is sold at a 20% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2830. What is the profit (in ₹)?
  13. 13.A fan costs ₹300. It is sold at a 50% loss. What is the selling price (in ₹)?
  14. 14.What is the simple interest on ₹8200 at 3% per year for 3 years (in ₹)?
  15. 15.What is the simple interest on ₹6600 at 3% per year for 1 year (in ₹)?
  16. 16.What is 65% of 520?
  17. 17.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 4 years (in ₹)?
  18. 18.The price of a bus pass changed from ₹100 to ₹110. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 4 years (in ₹)?
  20. 20.A sewing machine costs ₹3600. It is sold at a 20% profit. What is the selling price (in ₹)?
  21. 21.A cricket kit bought for ₹2800 is sold for ₹4200. What is the profit per cent?
  22. 22.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 2 years (in ₹)?
  23. 23.The price of a pair of shoes changed from ₹200 to ₹260. What is the percentage increase?
  24. 24.What is the amount (principal + simple interest) on ₹7600 at 10% per year for 3 years (in ₹)?
  25. 25.A table costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a cooler for ₹200 and sells it for ₹120. What is the loss (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹400 to ₹392. What is the percentage decrease?
  28. 28.What is 95% of 780?
  29. 29.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
  30. 30.What is 60% of 100?
  31. 31.A fan costs ₹1700. It is sold at a 30% loss. What is the selling price (in ₹)?
  32. 32.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹1300. What is the profit (in ₹)?
  33. 33.A fan costs ₹1900. It is sold at a 30% loss. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹580. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹4200 at 4% per year for 5 years (in ₹)?
  36. 36.What is 35% of 880?
  37. 37.The price of a bus pass changed from ₹40 to ₹8. What is the percentage decrease?
  38. 38.A mobile phone costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
  39. 39.What is the simple interest on ₹9800 at 2% per year for 4 years (in ₹)?
  40. 40.The price of a water bottle changed from ₹500 to ₹900. What is the percentage increase?

Answer key

  1. 190
  2. 20
  3. 11776
  4. 60
  5. 30
  6. 4800
  7. 515
  8. 2040
  9. 9559
  10. 1800
  11. 2800
  12. 30
  13. 150
  14. 738
  15. 198
  16. 338
  17. 8512
  18. 10
  19. 8848
  20. 4320
  21. 50
  22. 2376
  23. 30
  24. 9880
  25. 1056
  26. 80
  27. 2
  28. 741
  29. 30
  30. 60
  31. 1190
  32. 150
  33. 1330
  34. 20
  35. 5040
  36. 308
  37. 80
  38. 1300
  39. 784
  40. 80

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