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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 773 · 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 bought for ₹1100 is sold for ₹1232. What is the profit per cent?
  2. 2.A shopkeeper buys a cycle for ₹850 and sells it for ₹870. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹1600 at 8% per year for 5 years (in ₹)?
  4. 4.A watch costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
  5. 5.What is 10% of 480?
  6. 6.A cycle costs ₹1000. It is sold at a 30% loss. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1920. What is the profit (in ₹)?
  8. 8.The price of a school bag changed from ₹20 to ₹16. What is the percentage decrease?
  9. 9.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹800. What is the loss (in ₹)?
  10. 10.What is the simple interest on ₹7400 at 7% per year for 3 years (in ₹)?
  11. 11.What is 30% of 1000?
  12. 12.What is the simple interest on ₹5700 at 4% per year for 5 years (in ₹)?
  13. 13.What is the simple interest on ₹3700 at 4% per year for 3 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 5 years (in ₹)?
  15. 15.A sewing machine costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
  16. 16.A cycle bought for ₹1600 is sold for ₹1440. What is the loss per cent?
  17. 17.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
  18. 18.What is 15% of 80?
  19. 19.A fan bought for ₹3100 is sold for ₹2790. What is the loss per cent?
  20. 20.What is the amount (principal + simple interest) on ₹5300 at 5% per year for 3 years (in ₹)?
  21. 21.The price of a cricket ball changed from ₹200 to ₹320. What is the percentage increase?
  22. 22.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹940. What is the loss (in ₹)?
  23. 23.What is 10% of 160?
  24. 24.A mobile phone bought for ₹2400 is sold for ₹1200. What is the loss per cent?
  25. 25.What is the amount (principal + simple interest) on ₹3100 at 7% per year for 3 years (in ₹)?
  26. 26.A table costs ₹1500. It is sold at a 50% loss. What is the selling price (in ₹)?
  27. 27.The price of a cricket ball changed from ₹400 to ₹40. What is the percentage decrease?
  28. 28.What is the simple interest on ₹5500 at 3% per year for 3 years (in ₹)?
  29. 29.A shopkeeper buys a table for ₹1950 and sells it for ₹1940. What is the loss (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹6400 at 12% per year for 4 years (in ₹)?
  31. 31.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2320. What is the loss (in ₹)?
  32. 32.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹640. What is the profit (in ₹)?
  33. 33.A fan bought for ₹1000 is sold for ₹880. What is the loss per cent?
  34. 34.A cycle costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹7800 at 10% per year for 2 years (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹6900 at 5% per year for 4 years (in ₹)?
  37. 37.What is the simple interest on ₹1900 at 9% per year for 1 year (in ₹)?
  38. 38.What is the simple interest on ₹9200 at 4% per year for 4 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹1100 at 3% per year for 1 year (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2660. What is the profit (in ₹)?

Answer key

  1. 12
  2. 20
  3. 2240
  4. 2420
  5. 48
  6. 700
  7. 170
  8. 20
  9. 250
  10. 1554
  11. 300
  12. 1140
  13. 444
  14. 3300
  15. 3150
  16. 10
  17. 25
  18. 12
  19. 10
  20. 6095
  21. 60
  22. 10
  23. 16
  24. 50
  25. 3751
  26. 750
  27. 90
  28. 495
  29. 10
  30. 9472
  31. 30
  32. 90
  33. 12
  34. 3770
  35. 1560
  36. 8280
  37. 171
  38. 1472
  39. 1133
  40. 260

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