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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 780 · 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 ₹1260. What is the profit (in ₹)?
  2. 2.The price of a cricket ball changed from ₹100 to ₹80. What is the percentage decrease?
  3. 3.What is the simple interest on ₹7800 at 5% per year for 2 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 4 years (in ₹)?
  5. 5.What is the simple interest on ₹9500 at 5% per year for 3 years (in ₹)?
  6. 6.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2360. What is the loss (in ₹)?
  7. 7.A fan costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
  8. 8.What is 55% of 360?
  9. 9.What is 30% of 960?
  10. 10.What is the simple interest on ₹4800 at 8% per year for 4 years (in ₹)?
  11. 11.A fan costs ₹2500. It is sold at a 40% profit. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹3050. What is the profit (in ₹)?
  13. 13.The price of a box of mangoes changed from ₹100 to ₹175. What is the percentage increase?
  14. 14.The price of a water bottle changed from ₹20 to ₹10. What is the percentage decrease?
  15. 15.The price of a school bag changed from ₹200 to ₹250. What is the percentage increase?
  16. 16.What is 75% of 560?
  17. 17.The price of a school bag changed from ₹50 to ₹25. What is the percentage decrease?
  18. 18.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 2 years (in ₹)?
  19. 19.A watch costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹5300 at 9% per year for 5 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 1 year (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹2100 at 10% per year for 3 years (in ₹)?
  23. 23.What is 80% of 580?
  24. 24.What is the simple interest on ₹3900 at 2% per year for 3 years (in ₹)?
  25. 25.What is the simple interest on ₹900 at 4% per year for 5 years (in ₹)?
  26. 26.What is 25% of 540?
  27. 27.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹830. What is the loss (in ₹)?
  28. 28.The price of a school bag changed from ₹40 to ₹24. What is the percentage decrease?
  29. 29.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2750. What is the profit (in ₹)?
  30. 30.A cycle costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2640. What is the profit (in ₹)?
  32. 32.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
  33. 33.A table bought for ₹1800 is sold for ₹2070. What is the profit per cent?
  34. 34.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 2 years (in ₹)?
  35. 35.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹550. What is the loss (in ₹)?
  36. 36.The price of a bus pass changed from ₹50 to ₹40. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹5000 at 10% per year for 2 years (in ₹)?
  38. 38.A shopkeeper buys a watch for ₹1050 and sells it for ₹1230. What is the profit (in ₹)?
  39. 39.A watch costs ₹1400. It is sold at a 5% profit. What is the selling price (in ₹)?
  40. 40.A shopkeeper buys a cycle for ₹650 and sells it for ₹890. What is the profit (in ₹)?

Answer key

  1. 10
  2. 20
  3. 780
  4. 6720
  5. 1425
  6. 190
  7. 1260
  8. 198
  9. 288
  10. 1536
  11. 3500
  12. 150
  13. 75
  14. 50
  15. 25
  16. 420
  17. 50
  18. 9760
  19. 2860
  20. 7685
  21. 6120
  22. 2730
  23. 464
  24. 234
  25. 180
  26. 135
  27. 70
  28. 40
  29. 150
  30. 345
  31. 290
  32. 10
  33. 15
  34. 6912
  35. 250
  36. 20
  37. 6000
  38. 180
  39. 1470
  40. 240

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