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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 67 · 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 cricket kit for ₹1250 and sells it for ₹1190. What is the loss (in ₹)?
  2. 2.What is 15% of 560?
  3. 3.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 5 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 1 year (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 5 years (in ₹)?
  6. 6.A table costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2710. What is the profit (in ₹)?
  8. 8.What is 80% of 960?
  9. 9.A fan costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
  10. 10.A watch costs ₹3200. It is sold at a 12% profit. What is the selling price (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹1500 at 8% per year for 5 years (in ₹)?
  12. 12.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
  13. 13.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 4 years (in ₹)?
  14. 14.A shopkeeper buys a table for ₹2300 and sells it for ₹2040. What is the loss (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹1500 at 11% per year for 2 years (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 1 year (in ₹)?
  17. 17.What is 75% of 540?
  18. 18.What is the amount (principal + simple interest) on ₹3000 at 3% per year for 3 years (in ₹)?
  19. 19.A fan bought for ₹900 is sold for ₹810. What is the loss per cent?
  20. 20.A shopkeeper buys a watch for ₹2850 and sells it for ₹3030. What is the profit (in ₹)?
  21. 21.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1630. What is the profit (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹3000 at 5% per year for 1 year (in ₹)?
  23. 23.What is the simple interest on ₹7300 at 9% per year for 3 years (in ₹)?
  24. 24.A cricket kit costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
  25. 25.A watch costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
  27. 27.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
  28. 28.What is the simple interest on ₹2700 at 5% per year for 1 year (in ₹)?
  29. 29.A table bought for ₹4000 is sold for ₹4800. What is the profit per cent?
  30. 30.The price of a school bag changed from ₹250 to ₹300. What is the percentage increase?
  31. 31.The price of a water bottle changed from ₹500 to ₹300. What is the percentage decrease?
  32. 32.What is the simple interest on ₹900 at 5% per year for 1 year (in ₹)?
  33. 33.What is 45% of 420?
  34. 34.A shopkeeper buys a watch for ₹800 and sells it for ₹1090. What is the profit (in ₹)?
  35. 35.A table bought for ₹600 is sold for ₹450. What is the loss per cent?
  36. 36.A fan bought for ₹3600 is sold for ₹2160. What is the loss per cent?
  37. 37.A shopkeeper buys a table for ₹1850 and sells it for ₹2100. What is the profit (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 4 years (in ₹)?
  39. 39.What is the simple interest on ₹2900 at 4% per year for 4 years (in ₹)?
  40. 40.What is 65% of 680?

Answer key

  1. 60
  2. 84
  3. 1600
  4. 10192
  5. 11160
  6. 3500
  7. 60
  8. 768
  9. 3840
  10. 3584
  11. 2100
  12. 40
  13. 7440
  14. 260
  15. 1830
  16. 10094
  17. 405
  18. 3270
  19. 10
  20. 180
  21. 230
  22. 3150
  23. 1971
  24. 2420
  25. 1650
  26. 10
  27. 20
  28. 135
  29. 20
  30. 20
  31. 40
  32. 45
  33. 189
  34. 290
  35. 25
  36. 40
  37. 250
  38. 1344
  39. 464
  40. 442

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