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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 783 · 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 the simple interest on ₹3300 at 4% per year for 1 year (in ₹)?
  2. 2.The price of a bus pass changed from ₹20 to ₹19. What is the percentage decrease?
  3. 3.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹1040. What is the profit (in ₹)?
  4. 4.A cricket kit costs ₹1100. It is sold at a 15% loss. What is the selling price (in ₹)?
  5. 5.What is 45% of 440?
  6. 6.What is the simple interest on ₹8100 at 7% per year for 5 years (in ₹)?
  7. 7.A sewing machine bought for ₹3500 is sold for ₹3080. What is the loss per cent?
  8. 8.A table bought for ₹2600 is sold for ₹1560. What is the loss per cent?
  9. 9.A fan bought for ₹3100 is sold for ₹3720. What is the profit per cent?
  10. 10.A shopkeeper buys a table for ₹500 and sells it for ₹720. What is the profit (in ₹)?
  11. 11.A watch costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
  12. 12.The price of a school bag changed from ₹500 to ₹300. What is the percentage decrease?
  13. 13.The price of a pair of shoes changed from ₹80 to ₹72. What is the percentage decrease?
  14. 14.A watch costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
  15. 15.A mobile phone bought for ₹2400 is sold for ₹2280. What is the loss per cent?
  16. 16.What is the simple interest on ₹1300 at 5% per year for 3 years (in ₹)?
  17. 17.A cricket kit costs ₹1700. It is sold at a 10% loss. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a cycle for ₹700 and sells it for ₹640. What is the loss (in ₹)?
  19. 19.A cricket kit bought for ₹2400 is sold for ₹1200. What is the loss per cent?
  20. 20.A watch costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 1 year (in ₹)?
  22. 22.A mobile phone bought for ₹3300 is sold for ₹2904. What is the loss per cent?
  23. 23.A fan bought for ₹1000 is sold for ₹1300. What is the profit per cent?
  24. 24.The price of a pair of shoes changed from ₹400 to ₹100. What is the percentage decrease?
  25. 25.A mobile phone bought for ₹700 is sold for ₹560. What is the loss per cent?
  26. 26.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
  27. 27.What is the amount (principal + simple interest) on ₹9200 at 9% per year for 2 years (in ₹)?
  28. 28.A shopkeeper buys a table for ₹1850 and sells it for ₹1760. What is the loss (in ₹)?
  29. 29.A table costs ₹1700. It is sold at a 50% loss. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹6100 at 7% per year for 5 years (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1980. What is the profit (in ₹)?
  32. 32.What is 25% of 460?
  33. 33.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹360. What is the loss (in ₹)?
  34. 34.A cycle costs ₹200. It is sold at a 30% profit. What is the selling price (in ₹)?
  35. 35.A cycle bought for ₹3800 is sold for ₹2280. What is the loss per cent?
  36. 36.A shopkeeper buys a cycle for ₹2450 and sells it for ₹2660. What is the profit (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 1 year (in ₹)?
  38. 38.A shopkeeper buys a table for ₹1400 and sells it for ₹1610. What is the profit (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹4700 at 11% per year for 2 years (in ₹)?
  40. 40.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1170. What is the profit (in ₹)?

Answer key

  1. 132
  2. 5
  3. 240
  4. 935
  5. 198
  6. 2835
  7. 12
  8. 40
  9. 20
  10. 220
  11. 900
  12. 40
  13. 10
  14. 425
  15. 5
  16. 195
  17. 1530
  18. 60
  19. 50
  20. 3432
  21. 4120
  22. 12
  23. 30
  24. 75
  25. 20
  26. 25
  27. 10856
  28. 90
  29. 850
  30. 2135
  31. 280
  32. 115
  33. 90
  34. 260
  35. 40
  36. 210
  37. 10165
  38. 210
  39. 5734
  40. 120

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