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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 615 · 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 watch costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a cycle for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
  3. 3.What is 55% of 760?
  4. 4.What is the simple interest on ₹8800 at 2% per year for 2 years (in ₹)?
  5. 5.What is 35% of 60?
  6. 6.A fan costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
  7. 7.What is 40% of 600?
  8. 8.What is the simple interest on ₹1000 at 7% per year for 1 year (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹250 and sells it for ₹270. What is the profit (in ₹)?
  10. 10.What is 55% of 180?
  11. 11.A watch costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
  12. 12.The price of a water bottle changed from ₹200 to ₹180. What is the percentage decrease?
  13. 13.A shopkeeper buys a fan for ₹250 and sells it for ₹310. What is the profit (in ₹)?
  14. 14.What is 15% of 880?
  15. 15.What is the simple interest on ₹5000 at 5% per year for 1 year (in ₹)?
  16. 16.A sewing machine bought for ₹2900 is sold for ₹3625. What is the profit per cent?
  17. 17.What is 65% of 640?
  18. 18.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2240. What is the profit (in ₹)?
  19. 19.What is 30% of 300?
  20. 20.A shopkeeper buys a watch for ₹3000 and sells it for ₹3290. What is the profit (in ₹)?
  21. 21.A mobile phone bought for ₹1900 is sold for ₹1520. What is the loss per cent?
  22. 22.What is the simple interest on ₹800 at 2% per year for 1 year (in ₹)?
  23. 23.The price of a bus pass changed from ₹250 to ₹200. What is the percentage decrease?
  24. 24.The price of a water bottle changed from ₹100 to ₹70. What is the percentage decrease?
  25. 25.The price of a cricket ball changed from ₹250 to ₹255. What is the percentage increase?
  26. 26.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1450. What is the loss (in ₹)?
  27. 27.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹170. What is the loss (in ₹)?
  28. 28.What is 15% of 100?
  29. 29.The price of a bus pass changed from ₹400 to ₹420. What is the percentage increase?
  30. 30.The price of a pair of shoes changed from ₹400 to ₹480. What is the percentage increase?
  31. 31.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1080. What is the profit (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹1800 at 12% per year for 2 years (in ₹)?
  33. 33.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
  34. 34.A cricket kit bought for ₹1900 is sold for ₹1520. What is the loss per cent?
  35. 35.What is the simple interest on ₹5800 at 3% per year for 5 years (in ₹)?
  36. 36.A fan costs ₹2100. It is sold at a 20% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹5300 at 6% per year for 3 years (in ₹)?
  38. 38.A cycle costs ₹3200. It is sold at a 25% loss. What is the selling price (in ₹)?
  39. 39.A sewing machine bought for ₹1200 is sold for ₹1056. What is the loss per cent?
  40. 40.What is 30% of 960?

Answer key

  1. 2730
  2. 210
  3. 418
  4. 352
  5. 21
  6. 875
  7. 240
  8. 70
  9. 20
  10. 99
  11. 792
  12. 10
  13. 60
  14. 132
  15. 250
  16. 25
  17. 416
  18. 40
  19. 90
  20. 290
  21. 20
  22. 16
  23. 20
  24. 30
  25. 2
  26. 200
  27. 180
  28. 15
  29. 5
  30. 20
  31. 80
  32. 2232
  33. 2100
  34. 20
  35. 870
  36. 2520
  37. 6254
  38. 2400
  39. 12
  40. 288

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