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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 716 · 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.What is 5% of 120?
  2. 2.A fan bought for ₹200 is sold for ₹220. What is the profit per cent?
  3. 3.A watch bought for ₹2000 is sold for ₹3000. What is the profit per cent?
  4. 4.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹590. What is the loss (in ₹)?
  5. 5.The price of a bus pass changed from ₹100 to ₹190. What is the percentage increase?
  6. 6.A sewing machine bought for ₹400 is sold for ₹560. What is the profit per cent?
  7. 7.A sewing machine bought for ₹3700 is sold for ₹4810. What is the profit per cent?
  8. 8.What is the simple interest on ₹7700 at 5% per year for 4 years (in ₹)?
  9. 9.A shopkeeper buys a table for ₹1500 and sells it for ₹1670. What is the profit (in ₹)?
  10. 10.A cooler bought for ₹1400 is sold for ₹1610. What is the profit per cent?
  11. 11.A cycle costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
  12. 12.A table costs ₹2700. It is sold at a 40% profit. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹1700 at 12% per year for 2 years (in ₹)?
  14. 14.A sewing machine costs ₹600. It is sold at a 40% profit. What is the selling price (in ₹)?
  15. 15.A shopkeeper buys a cooler for ₹2950 and sells it for ₹3010. What is the profit (in ₹)?
  16. 16.The price of a school bag changed from ₹80 to ₹72. What is the percentage decrease?
  17. 17.A fan costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹40 to ₹38. What is the percentage decrease?
  19. 19.A shopkeeper buys a fan for ₹1050 and sells it for ₹1040. What is the loss (in ₹)?
  20. 20.What is the simple interest on ₹6500 at 6% per year for 2 years (in ₹)?
  21. 21.The price of a bus pass changed from ₹100 to ₹60. What is the percentage decrease?
  22. 22.A shopkeeper buys a fan for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
  23. 23.A cricket kit bought for ₹800 is sold for ₹1120. What is the profit per cent?
  24. 24.A cricket kit bought for ₹3700 is sold for ₹2590. What is the loss per cent?
  25. 25.A shopkeeper buys a table for ₹2550 and sells it for ₹2780. What is the profit (in ₹)?
  26. 26.What is 80% of 60?
  27. 27.A fan costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
  28. 28.A table bought for ₹2700 is sold for ₹3375. What is the profit per cent?
  29. 29.A sewing machine costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
  30. 30.What is 90% of 620?
  31. 31.What is 80% of 140?
  32. 32.What is the amount (principal + simple interest) on ₹6700 at 7% per year for 3 years (in ₹)?
  33. 33.A sewing machine bought for ₹3300 is sold for ₹3795. What is the profit per cent?
  34. 34.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 3 years (in ₹)?
  35. 35.A shopkeeper buys a fan for ₹850 and sells it for ₹760. What is the loss (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹5800 at 5% per year for 3 years (in ₹)?
  37. 37.What is the simple interest on ₹8300 at 3% per year for 4 years (in ₹)?
  38. 38.What is 40% of 680?
  39. 39.What is 95% of 460?
  40. 40.The price of a box of mangoes changed from ₹100 to ₹99. What is the percentage decrease?

Answer key

  1. 6
  2. 10
  3. 50
  4. 60
  5. 90
  6. 40
  7. 30
  8. 1540
  9. 170
  10. 15
  11. 1000
  12. 3780
  13. 2108
  14. 840
  15. 60
  16. 10
  17. 1140
  18. 5
  19. 10
  20. 780
  21. 40
  22. 170
  23. 40
  24. 30
  25. 230
  26. 48
  27. 1680
  28. 25
  29. 560
  30. 558
  31. 112
  32. 8107
  33. 15
  34. 3770
  35. 90
  36. 6670
  37. 996
  38. 272
  39. 437
  40. 1

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