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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 105 · 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.

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  1. 1.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2210. What is the loss (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹2900 and sells it for ₹2690. What is the loss (in ₹)?
  3. 3.What is the simple interest on ₹6800 at 3% per year for 5 years (in ₹)?
  4. 4.What is the simple interest on ₹4600 at 7% per year for 4 years (in ₹)?
  5. 5.What is 25% of 620?
  6. 6.A fan bought for ₹400 is sold for ₹600. What is the profit per cent?
  7. 7.What is the amount (principal + simple interest) on ₹1500 at 2% per year for 1 year (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹2800 at 10% per year for 4 years (in ₹)?
  9. 9.What is the simple interest on ₹7100 at 2% per year for 3 years (in ₹)?
  10. 10.What is 90% of 640?
  11. 11.What is the simple interest on ₹2000 at 5% per year for 3 years (in ₹)?
  12. 12.What is the simple interest on ₹2700 at 2% per year for 3 years (in ₹)?
  13. 13.A shopkeeper buys a table for ₹1600 and sells it for ₹1380. What is the loss (in ₹)?
  14. 14.The price of a school bag changed from ₹20 to ₹24. What is the percentage increase?
  15. 15.A table bought for ₹300 is sold for ₹390. What is the profit per cent?
  16. 16.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 5 years (in ₹)?
  17. 17.A mobile phone costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
  18. 18.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
  19. 19.The price of a box of mangoes changed from ₹500 to ₹550. What is the percentage increase?
  20. 20.A sewing machine costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 5 years (in ₹)?
  22. 22.What is the simple interest on ₹5900 at 11% per year for 4 years (in ₹)?
  23. 23.The price of a cricket ball changed from ₹80 to ₹32. What is the percentage decrease?
  24. 24.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹980. What is the profit (in ₹)?
  25. 25.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
  26. 26.A fan bought for ₹2800 is sold for ₹2380. What is the loss per cent?
  27. 27.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
  28. 28.What is the simple interest on ₹6600 at 12% per year for 5 years (in ₹)?
  29. 29.A mobile phone bought for ₹3200 is sold for ₹3584. What is the profit per cent?
  30. 30.A shopkeeper buys a table for ₹850 and sells it for ₹980. What is the profit (in ₹)?
  31. 31.A fan bought for ₹800 is sold for ₹1120. What is the profit per cent?
  32. 32.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1480. What is the loss (in ₹)?
  33. 33.A cycle bought for ₹3800 is sold for ₹2850. What is the loss per cent?
  34. 34.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹790. What is the profit (in ₹)?
  35. 35.A cycle costs ₹2200. It is sold at a 30% loss. What is the selling price (in ₹)?
  36. 36.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1550. What is the loss (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 5 years (in ₹)?
  38. 38.A cricket kit bought for ₹2600 is sold for ₹1560. What is the loss per cent?
  39. 39.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 2 years (in ₹)?
  40. 40.A cricket kit costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?

Answer key

  1. 90
  2. 210
  3. 1020
  4. 1288
  5. 155
  6. 50
  7. 1530
  8. 3920
  9. 426
  10. 576
  11. 300
  12. 162
  13. 220
  14. 20
  15. 30
  16. 10295
  17. 180
  18. 60
  19. 10
  20. 330
  21. 7200
  22. 2596
  23. 60
  24. 130
  25. 80
  26. 15
  27. 60
  28. 3960
  29. 12
  30. 130
  31. 40
  32. 70
  33. 25
  34. 240
  35. 1540
  36. 200
  37. 8190
  38. 40
  39. 1320
  40. 2310

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