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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 310 · 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 table bought for ₹1000 is sold for ₹1500. What is the profit per cent?
  2. 2.What is the simple interest on ₹4700 at 5% per year for 1 year (in ₹)?
  3. 3.A cooler bought for ₹1500 is sold for ₹1575. What is the profit per cent?
  4. 4.A shopkeeper buys a cricket kit for ₹1800 and sells it for ₹2040. What is the profit (in ₹)?
  5. 5.A sewing machine costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹8500 at 5% per year for 4 years (in ₹)?
  7. 7.What is 70% of 880?
  8. 8.What is the simple interest on ₹700 at 11% per year for 4 years (in ₹)?
  9. 9.What is the amount (principal + simple interest) on ₹3400 at 3% per year for 4 years (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1300. What is the profit (in ₹)?
  11. 11.The price of a water bottle changed from ₹100 to ₹80. What is the percentage decrease?
  12. 12.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 1 year (in ₹)?
  13. 13.A mobile phone bought for ₹2800 is sold for ₹3220. What is the profit per cent?
  14. 14.A mobile phone bought for ₹1200 is sold for ₹1140. What is the loss per cent?
  15. 15.What is 30% of 420?
  16. 16.What is 20% of 860?
  17. 17.A cooler costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
  18. 18.A shopkeeper buys a fan for ₹500 and sells it for ₹390. What is the loss (in ₹)?
  19. 19.What is 75% of 200?
  20. 20.What is 35% of 640?
  21. 21.A table costs ₹3000. It is sold at a 50% loss. What is the selling price (in ₹)?
  22. 22.What is the simple interest on ₹7900 at 10% per year for 1 year (in ₹)?
  23. 23.What is 20% of 500?
  24. 24.The price of a school bag changed from ₹20 to ₹25. What is the percentage increase?
  25. 25.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1450. What is the loss (in ₹)?
  26. 26.What is the simple interest on ₹3000 at 2% per year for 1 year (in ₹)?
  27. 27.A mobile phone bought for ₹1200 is sold for ₹1680. What is the profit per cent?
  28. 28.A table costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
  29. 29.What is the amount (principal + simple interest) on ₹6900 at 9% per year for 1 year (in ₹)?
  30. 30.What is the simple interest on ₹6600 at 7% per year for 1 year (in ₹)?
  31. 31.What is 40% of 220?
  32. 32.A mobile phone bought for ₹400 is sold for ₹360. What is the loss per cent?
  33. 33.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
  34. 34.A sewing machine bought for ₹2300 is sold for ₹2070. What is the loss per cent?
  35. 35.A cricket kit bought for ₹2600 is sold for ₹2340. What is the loss per cent?
  36. 36.The price of a bus pass changed from ₹40 to ₹72. What is the percentage increase?
  37. 37.What is the simple interest on ₹2400 at 11% per year for 5 years (in ₹)?
  38. 38.What is 35% of 820?
  39. 39.A cricket kit bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  40. 40.What is 20% of 600?

Answer key

  1. 50
  2. 235
  3. 5
  4. 240
  5. 700
  6. 10200
  7. 616
  8. 308
  9. 3808
  10. 250
  11. 20
  12. 6834
  13. 15
  14. 5
  15. 126
  16. 172
  17. 4050
  18. 110
  19. 150
  20. 224
  21. 1500
  22. 790
  23. 100
  24. 25
  25. 150
  26. 60
  27. 40
  28. 2280
  29. 7521
  30. 462
  31. 88
  32. 10
  33. 90
  34. 10
  35. 10
  36. 80
  37. 1320
  38. 287
  39. 25
  40. 120

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