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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 174 · 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 fan for ₹2950 and sells it for ₹2800. What is the loss (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹2050 and sells it for ₹2180. What is the profit (in ₹)?
  3. 3.What is the amount (principal + simple interest) on ₹4000 at 2% per year for 2 years (in ₹)?
  4. 4.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1850. What is the loss (in ₹)?
  5. 5.A table bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  6. 6.A cricket kit costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
  7. 7.A table costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹3600 at 11% per year for 5 years (in ₹)?
  9. 9.The price of a cricket ball changed from ₹250 to ₹100. What is the percentage decrease?
  10. 10.What is the simple interest on ₹900 at 6% per year for 4 years (in ₹)?
  11. 11.A watch costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
  12. 12.The price of a bus pass changed from ₹40 to ₹30. What is the percentage decrease?
  13. 13.The price of a bus pass changed from ₹20 to ₹18. What is the percentage decrease?
  14. 14.The price of a box of mangoes changed from ₹50 to ₹30. What is the percentage decrease?
  15. 15.What is the amount (principal + simple interest) on ₹2400 at 5% per year for 3 years (in ₹)?
  16. 16.A shopkeeper buys a table for ₹2000 and sells it for ₹1880. What is the loss (in ₹)?
  17. 17.What is the simple interest on ₹2400 at 11% per year for 1 year (in ₹)?
  18. 18.A shopkeeper buys a table for ₹250 and sells it for ₹390. What is the profit (in ₹)?
  19. 19.What is the simple interest on ₹7400 at 5% per year for 1 year (in ₹)?
  20. 20.A mobile phone bought for ₹3100 is sold for ₹2790. What is the loss per cent?
  21. 21.What is 60% of 780?
  22. 22.What is the simple interest on ₹9200 at 4% per year for 2 years (in ₹)?
  23. 23.The price of a water bottle changed from ₹500 to ₹875. What is the percentage increase?
  24. 24.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1940. What is the loss (in ₹)?
  25. 25.A shopkeeper buys a cooler for ₹250 and sells it for ₹190. What is the loss (in ₹)?
  26. 26.A cycle costs ₹3500. It is sold at a 20% loss. What is the selling price (in ₹)?
  27. 27.What is 35% of 400?
  28. 28.What is the amount (principal + simple interest) on ₹2500 at 3% per year for 5 years (in ₹)?
  29. 29.What is the simple interest on ₹1900 at 12% per year for 4 years (in ₹)?
  30. 30.What is the simple interest on ₹5200 at 3% per year for 4 years (in ₹)?
  31. 31.What is the simple interest on ₹2800 at 4% per year for 1 year (in ₹)?
  32. 32.What is the simple interest on ₹8000 at 8% per year for 1 year (in ₹)?
  33. 33.A shopkeeper buys a cycle for ₹200 and sells it for ₹10. What is the loss (in ₹)?
  34. 34.A watch bought for ₹800 is sold for ₹720. What is the loss per cent?
  35. 35.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 5 years (in ₹)?
  36. 36.A cooler bought for ₹800 is sold for ₹720. What is the loss per cent?
  37. 37.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
  38. 38.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹590. What is the loss (in ₹)?
  39. 39.A cricket kit costs ₹3900. It is sold at a 50% loss. What is the selling price (in ₹)?
  40. 40.A fan costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?

Answer key

  1. 150
  2. 130
  3. 4160
  4. 50
  5. 5
  6. 2310
  7. 2660
  8. 5580
  9. 60
  10. 216
  11. 1320
  12. 25
  13. 10
  14. 40
  15. 2760
  16. 120
  17. 264
  18. 140
  19. 370
  20. 10
  21. 468
  22. 736
  23. 75
  24. 60
  25. 60
  26. 2800
  27. 140
  28. 2875
  29. 912
  30. 624
  31. 112
  32. 640
  33. 190
  34. 10
  35. 2040
  36. 10
  37. 30
  38. 60
  39. 1950
  40. 4050

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