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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 423 · 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 amount (principal + simple interest) on ₹9300 at 11% per year for 3 years (in ₹)?
  2. 2.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1770. What is the profit (in ₹)?
  3. 3.A cycle costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
  4. 4.What is 90% of 840?
  5. 5.What is the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
  6. 6.What is the simple interest on ₹6300 at 7% per year for 3 years (in ₹)?
  7. 7.A watch bought for ₹2700 is sold for ₹3024. What is the profit per cent?
  8. 8.What is the simple interest on ₹1700 at 7% per year for 2 years (in ₹)?
  9. 9.A fan costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
  10. 10.A fan bought for ₹300 is sold for ₹330. What is the profit per cent?
  11. 11.What is the amount (principal + simple interest) on ₹1700 at 3% per year for 1 year (in ₹)?
  12. 12.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹1010. What is the profit (in ₹)?
  13. 13.What is 15% of 880?
  14. 14.A mobile phone costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
  15. 15.A watch costs ₹200. It is sold at a 40% loss. What is the selling price (in ₹)?
  16. 16.A cycle bought for ₹500 is sold for ₹525. What is the profit per cent?
  17. 17.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2580. What is the loss (in ₹)?
  18. 18.What is the simple interest on ₹9500 at 11% per year for 1 year (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 2 years (in ₹)?
  20. 20.The price of a bus pass changed from ₹20 to ₹36. What is the percentage increase?
  21. 21.What is the simple interest on ₹3000 at 5% per year for 4 years (in ₹)?
  22. 22.What is 40% of 840?
  23. 23.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2150. What is the profit (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 2 years (in ₹)?
  25. 25.What is the simple interest on ₹4200 at 9% per year for 1 year (in ₹)?
  26. 26.What is the simple interest on ₹1100 at 7% per year for 3 years (in ₹)?
  27. 27.What is 20% of 340?
  28. 28.What is the simple interest on ₹7800 at 10% per year for 5 years (in ₹)?
  29. 29.A fan costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
  30. 30.The price of a box of mangoes changed from ₹250 to ₹325. What is the percentage increase?
  31. 31.The price of a bus pass changed from ₹500 to ₹625. What is the percentage increase?
  32. 32.The price of a bus pass changed from ₹500 to ₹800. What is the percentage increase?
  33. 33.The price of a pair of shoes changed from ₹500 to ₹700. What is the percentage increase?
  34. 34.A mobile phone costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
  35. 35.What is the simple interest on ₹4700 at 5% per year for 4 years (in ₹)?
  36. 36.A shopkeeper buys a cooler for ₹1800 and sells it for ₹2000. What is the profit (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹4100 at 2% per year for 4 years (in ₹)?
  38. 38.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2000. What is the loss (in ₹)?
  39. 39.A cooler bought for ₹800 is sold for ₹880. What is the profit per cent?
  40. 40.What is 10% of 460?

Answer key

  1. 12369
  2. 270
  3. 1430
  4. 756
  5. 600
  6. 1323
  7. 12
  8. 238
  9. 600
  10. 10
  11. 1751
  12. 260
  13. 132
  14. 1800
  15. 120
  16. 5
  17. 70
  18. 1045
  19. 9010
  20. 80
  21. 600
  22. 336
  23. 50
  24. 3432
  25. 378
  26. 231
  27. 68
  28. 3900
  29. 630
  30. 30
  31. 25
  32. 60
  33. 40
  34. 4800
  35. 940
  36. 200
  37. 4428
  38. 50
  39. 10
  40. 46

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