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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 152 · 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 cricket kit costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹1000 and sells it for ₹1070. What is the profit (in ₹)?
  3. 3.A mobile phone costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
  4. 4.What is 35% of 760?
  5. 5.What is the amount (principal + simple interest) on ₹5300 at 3% per year for 4 years (in ₹)?
  6. 6.What is the simple interest on ₹3000 at 12% per year for 4 years (in ₹)?
  7. 7.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
  8. 8.A fan bought for ₹3100 is sold for ₹3565. What is the profit per cent?
  9. 9.What is 40% of 700?
  10. 10.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1810. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹7000 at 12% per year for 1 year (in ₹)?
  12. 12.What is the simple interest on ₹5400 at 4% per year for 1 year (in ₹)?
  13. 13.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹110. What is the loss (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 4 years (in ₹)?
  15. 15.A sewing machine costs ₹3800. It is sold at a 15% profit. What is the selling price (in ₹)?
  16. 16.A table bought for ₹700 is sold for ₹770. What is the profit per cent?
  17. 17.A shopkeeper buys a fan for ₹950 and sells it for ₹690. What is the loss (in ₹)?
  18. 18.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹9800 at 5% per year for 2 years (in ₹)?
  20. 20.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹2170. What is the profit (in ₹)?
  21. 21.A cooler costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹5000 at 5% per year for 3 years (in ₹)?
  23. 23.A cricket kit costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
  24. 24.A shopkeeper buys a table for ₹2000 and sells it for ₹1790. What is the loss (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹4600 at 11% per year for 1 year (in ₹)?
  26. 26.A cricket kit costs ₹2900. It is sold at a 25% loss. What is the selling price (in ₹)?
  27. 27.What is the simple interest on ₹3400 at 8% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2150. What is the loss (in ₹)?
  29. 29.What is 35% of 560?
  30. 30.What is 80% of 500?
  31. 31.What is the amount (principal + simple interest) on ₹700 at 11% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1680. What is the loss (in ₹)?
  33. 33.The price of a school bag changed from ₹500 to ₹875. What is the percentage increase?
  34. 34.What is 70% of 340?
  35. 35.What is the simple interest on ₹6400 at 4% per year for 4 years (in ₹)?
  36. 36.What is the simple interest on ₹6500 at 8% per year for 4 years (in ₹)?
  37. 37.A shopkeeper buys a fan for ₹2250 and sells it for ₹2520. What is the profit (in ₹)?
  38. 38.A watch bought for ₹700 is sold for ₹980. What is the profit per cent?
  39. 39.A cricket kit costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
  40. 40.What is 55% of 80?

Answer key

  1. 3410
  2. 70
  3. 840
  4. 266
  5. 5936
  6. 1440
  7. 20
  8. 15
  9. 280
  10. 110
  11. 7840
  12. 216
  13. 290
  14. 9744
  15. 4370
  16. 10
  17. 260
  18. 40
  19. 10780
  20. 170
  21. 2590
  22. 5750
  23. 2200
  24. 210
  25. 5106
  26. 2175
  27. 272
  28. 100
  29. 196
  30. 400
  31. 1085
  32. 170
  33. 75
  34. 238
  35. 1024
  36. 2080
  37. 270
  38. 40
  39. 600
  40. 44

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