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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 647 · 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 fan bought for ₹2200 is sold for ₹1320. What is the loss per cent?
  2. 2.A watch costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
  3. 3.A table costs ₹2900. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.A cricket kit bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  5. 5.What is the simple interest on ₹3100 at 11% per year for 1 year (in ₹)?
  6. 6.A fan bought for ₹1100 is sold for ₹550. What is the loss per cent?
  7. 7.What is the simple interest on ₹10000 at 3% per year for 4 years (in ₹)?
  8. 8.What is the simple interest on ₹9000 at 2% per year for 5 years (in ₹)?
  9. 9.A fan bought for ₹3200 is sold for ₹3584. What is the profit per cent?
  10. 10.What is 70% of 720?
  11. 11.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 3 years (in ₹)?
  12. 12.What is 45% of 980?
  13. 13.What is the simple interest on ₹3500 at 3% per year for 5 years (in ₹)?
  14. 14.A table bought for ₹1700 is sold for ₹1360. What is the loss per cent?
  15. 15.A cycle costs ₹2800. It is sold at a 15% loss. What is the selling price (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹3000 at 6% per year for 5 years (in ₹)?
  17. 17.What is the simple interest on ₹5700 at 3% per year for 2 years (in ₹)?
  18. 18.The price of a cricket ball changed from ₹40 to ₹64. What is the percentage increase?
  19. 19.A table costs ₹3600. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1510. What is the loss (in ₹)?
  21. 21.What is the simple interest on ₹2700 at 4% per year for 3 years (in ₹)?
  22. 22.What is the simple interest on ₹9000 at 3% per year for 2 years (in ₹)?
  23. 23.What is 75% of 280?
  24. 24.The price of a pair of shoes changed from ₹500 to ₹900. What is the percentage increase?
  25. 25.A cycle bought for ₹800 is sold for ₹1200. What is the profit per cent?
  26. 26.What is 90% of 100?
  27. 27.A shopkeeper buys a watch for ₹300 and sells it for ₹500. What is the profit (in ₹)?
  28. 28.A cooler bought for ₹3100 is sold for ₹3875. What is the profit per cent?
  29. 29.A shopkeeper buys a table for ₹2000 and sells it for ₹2100. What is the profit (in ₹)?
  30. 30.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?
  31. 31.What is the simple interest on ₹4500 at 7% per year for 3 years (in ₹)?
  32. 32.A shopkeeper buys a cooler for ₹250 and sells it for ₹310. What is the profit (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹1800 and sells it for ₹2040. What is the profit (in ₹)?
  34. 34.What is the simple interest on ₹600 at 3% per year for 4 years (in ₹)?
  35. 35.A cricket kit bought for ₹3100 is sold for ₹2635. What is the loss per cent?
  36. 36.A sewing machine costs ₹2200. It is sold at a 50% profit. What is the selling price (in ₹)?
  37. 37.A fan bought for ₹2400 is sold for ₹2280. What is the loss per cent?
  38. 38.A cycle bought for ₹3300 is sold for ₹2640. What is the loss per cent?
  39. 39.A shopkeeper buys a table for ₹900 and sells it for ₹1100. What is the profit (in ₹)?
  40. 40.A fan bought for ₹3400 is sold for ₹2380. What is the loss per cent?

Answer key

  1. 40
  2. 1080
  3. 3045
  4. 12
  5. 341
  6. 50
  7. 1200
  8. 900
  9. 12
  10. 504
  11. 3220
  12. 441
  13. 525
  14. 20
  15. 2380
  16. 3900
  17. 342
  18. 60
  19. 3420
  20. 90
  21. 324
  22. 540
  23. 210
  24. 80
  25. 50
  26. 90
  27. 200
  28. 25
  29. 100
  30. 75
  31. 945
  32. 60
  33. 240
  34. 72
  35. 15
  36. 3300
  37. 5
  38. 20
  39. 200
  40. 30

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