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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 357 · 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 mobile phone for ₹1850 and sells it for ₹1950. What is the profit (in ₹)?
  2. 2.A cricket kit bought for ₹4000 is sold for ₹3800. What is the loss per cent?
  3. 3.What is 80% of 380?
  4. 4.A mobile phone bought for ₹1300 is sold for ₹1625. What is the profit per cent?
  5. 5.A mobile phone bought for ₹2300 is sold for ₹2185. What is the loss per cent?
  6. 6.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 4 years (in ₹)?
  7. 7.The price of a school bag changed from ₹100 to ₹101. What is the percentage increase?
  8. 8.A mobile phone bought for ₹3000 is sold for ₹3600. What is the profit per cent?
  9. 9.What is 45% of 620?
  10. 10.What is the simple interest on ₹3800 at 3% per year for 1 year (in ₹)?
  11. 11.A shopkeeper buys a watch for ₹1700 and sells it for ₹1760. What is the profit (in ₹)?
  12. 12.What is the simple interest on ₹7700 at 3% per year for 5 years (in ₹)?
  13. 13.A cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  14. 14.A table costs ₹3300. It is sold at a 25% profit. What is the selling price (in ₹)?
  15. 15.A shopkeeper buys a fan for ₹250 and sells it for ₹440. What is the profit (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹650 and sells it for ₹850. What is the profit (in ₹)?
  17. 17.What is the simple interest on ₹9400 at 4% per year for 4 years (in ₹)?
  18. 18.A fan bought for ₹300 is sold for ₹330. What is the profit per cent?
  19. 19.What is 55% of 240?
  20. 20.What is 25% of 960?
  21. 21.A watch bought for ₹600 is sold for ₹420. What is the loss per cent?
  22. 22.A cooler bought for ₹2300 is sold for ₹2185. What is the loss per cent?
  23. 23.What is 5% of 820?
  24. 24.A cricket kit costs ₹2100. It is sold at a 15% loss. What is the selling price (in ₹)?
  25. 25.What is the simple interest on ₹600 at 9% per year for 1 year (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 4 years (in ₹)?
  27. 27.What is the simple interest on ₹7900 at 5% per year for 1 year (in ₹)?
  28. 28.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1020. What is the profit (in ₹)?
  29. 29.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
  30. 30.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1490. What is the loss (in ₹)?
  31. 31.A table costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  32. 32.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
  33. 33.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2740. What is the profit (in ₹)?
  34. 34.A mobile phone costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
  35. 35.What is 90% of 540?
  36. 36.What is the simple interest on ₹1600 at 8% per year for 2 years (in ₹)?
  37. 37.A cooler costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a fan for ₹950 and sells it for ₹1070. What is the profit (in ₹)?
  39. 39.A cricket kit bought for ₹900 is sold for ₹1080. What is the profit per cent?
  40. 40.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3050. What is the profit (in ₹)?

Answer key

  1. 100
  2. 5
  3. 304
  4. 25
  5. 5
  6. 11200
  7. 1
  8. 20
  9. 279
  10. 114
  11. 60
  12. 1155
  13. 25
  14. 4125
  15. 190
  16. 200
  17. 1504
  18. 10
  19. 132
  20. 240
  21. 30
  22. 5
  23. 41
  24. 1785
  25. 54
  26. 3844
  27. 395
  28. 20
  29. 80
  30. 10
  31. 1350
  32. 20
  33. 140
  34. 4030
  35. 486
  36. 256
  37. 1500
  38. 120
  39. 20
  40. 200

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