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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 735 · 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 cycle for ₹200 and sells it for ₹370. What is the profit (in ₹)?
  2. 2.A shopkeeper buys a cooler for ₹1800 and sells it for ₹1580. What is the loss (in ₹)?
  3. 3.A sewing machine costs ₹1300. It is sold at a 15% profit. What is the selling price (in ₹)?
  4. 4.A watch costs ₹4000. It is sold at a 5% profit. What is the selling price (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹5700 at 12% per year for 1 year (in ₹)?
  6. 6.A sewing machine costs ₹2800. It is sold at a 25% loss. What is the selling price (in ₹)?
  7. 7.What is the simple interest on ₹7200 at 8% per year for 1 year (in ₹)?
  8. 8.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹3030. What is the profit (in ₹)?
  9. 9.A shopkeeper buys a fan for ₹2950 and sells it for ₹2860. What is the loss (in ₹)?
  10. 10.A fan bought for ₹500 is sold for ₹525. What is the profit per cent?
  11. 11.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹990. What is the loss (in ₹)?
  12. 12.What is the simple interest on ₹6400 at 8% per year for 5 years (in ₹)?
  13. 13.A table bought for ₹900 is sold for ₹1008. What is the profit per cent?
  14. 14.What is 40% of 680?
  15. 15.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹1830. What is the loss (in ₹)?
  16. 16.A shopkeeper buys a mobile phone for ₹1700 and sells it for ₹1530. What is the loss (in ₹)?
  17. 17.What is the simple interest on ₹3300 at 10% per year for 3 years (in ₹)?
  18. 18.A fan costs ₹2100. It is sold at a 50% profit. What is the selling price (in ₹)?
  19. 19.What is 75% of 700?
  20. 20.What is the simple interest on ₹3600 at 8% per year for 1 year (in ₹)?
  21. 21.A shopkeeper buys a fan for ₹2250 and sells it for ₹2240. What is the loss (in ₹)?
  22. 22.The price of a bus pass changed from ₹500 to ₹50. What is the percentage decrease?
  23. 23.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
  24. 24.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1300. What is the loss (in ₹)?
  25. 25.A cooler bought for ₹1400 is sold for ₹1680. What is the profit per cent?
  26. 26.The price of a water bottle changed from ₹80 to ₹152. What is the percentage increase?
  27. 27.A mobile phone costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 2 years (in ₹)?
  29. 29.A table bought for ₹700 is sold for ₹630. What is the loss per cent?
  30. 30.What is the amount (principal + simple interest) on ₹9300 at 11% per year for 4 years (in ₹)?
  31. 31.A fan costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
  32. 32.A cycle bought for ₹2900 is sold for ₹2610. What is the loss per cent?
  33. 33.What is 90% of 380?
  34. 34.What is the amount (principal + simple interest) on ₹900 at 3% per year for 2 years (in ₹)?
  35. 35.What is the simple interest on ₹1300 at 11% per year for 2 years (in ₹)?
  36. 36.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹2500 at 8% per year for 1 year (in ₹)?
  38. 38.A shopkeeper buys a fan for ₹750 and sells it for ₹730. What is the loss (in ₹)?
  39. 39.A cooler costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
  40. 40.A cricket kit bought for ₹3400 is sold for ₹2992. What is the loss per cent?

Answer key

  1. 170
  2. 220
  3. 1495
  4. 4200
  5. 6384
  6. 2100
  7. 576
  8. 230
  9. 90
  10. 5
  11. 110
  12. 2560
  13. 12
  14. 272
  15. 170
  16. 170
  17. 990
  18. 3150
  19. 525
  20. 288
  21. 10
  22. 90
  23. 90
  24. 250
  25. 20
  26. 90
  27. 4485
  28. 6240
  29. 10
  30. 13392
  31. 2970
  32. 10
  33. 342
  34. 954
  35. 286
  36. 40
  37. 2700
  38. 20
  39. 475
  40. 12

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