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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 213 · 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 watch for ₹1100 and sells it for ₹1360. What is the profit (in ₹)?
  2. 2.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹650. What is the loss (in ₹)?
  3. 3.What is 45% of 300?
  4. 4.What is 20% of 60?
  5. 5.What is 40% of 620?
  6. 6.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1610. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹4300 at 4% per year for 4 years (in ₹)?
  8. 8.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 1 year (in ₹)?
  9. 9.The price of a box of mangoes changed from ₹400 to ₹420. What is the percentage increase?
  10. 10.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
  11. 11.The price of a box of mangoes changed from ₹200 to ₹202. What is the percentage increase?
  12. 12.What is the simple interest on ₹8800 at 9% per year for 2 years (in ₹)?
  13. 13.What is 85% of 80?
  14. 14.What is 65% of 460?
  15. 15.A mobile phone costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
  16. 16.What is 80% of 720?
  17. 17.What is 80% of 660?
  18. 18.A table costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
  19. 19.The price of a cricket ball changed from ₹200 to ₹198. What is the percentage decrease?
  20. 20.A shopkeeper buys a cycle for ₹200 and sells it for ₹290. What is the profit (in ₹)?
  21. 21.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2530. What is the loss (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 4 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹900 at 10% per year for 5 years (in ₹)?
  24. 24.The price of a cricket ball changed from ₹250 to ₹125. What is the percentage decrease?
  25. 25.What is the amount (principal + simple interest) on ₹4200 at 3% per year for 4 years (in ₹)?
  26. 26.What is 65% of 520?
  27. 27.A shopkeeper buys a watch for ₹2700 and sells it for ₹2400. What is the loss (in ₹)?
  28. 28.A watch costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
  29. 29.The price of a bus pass changed from ₹20 to ₹30. What is the percentage increase?
  30. 30.The price of a cricket ball changed from ₹200 to ₹80. What is the percentage decrease?
  31. 31.A cooler costs ₹3300. It is sold at a 15% profit. What is the selling price (in ₹)?
  32. 32.What is the simple interest on ₹9700 at 11% per year for 5 years (in ₹)?
  33. 33.A sewing machine bought for ₹700 is sold for ₹1050. What is the profit per cent?
  34. 34.A watch bought for ₹700 is sold for ₹784. What is the profit per cent?
  35. 35.A shopkeeper buys a cycle for ₹600 and sells it for ₹570. What is the loss (in ₹)?
  36. 36.A fan costs ₹800. It is sold at a 30% profit. What is the selling price (in ₹)?
  37. 37.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 2 years (in ₹)?
  38. 38.What is the simple interest on ₹4900 at 3% per year for 3 years (in ₹)?
  39. 39.A shopkeeper buys a cooler for ₹1250 and sells it for ₹990. What is the loss (in ₹)?
  40. 40.A cricket kit bought for ₹900 is sold for ₹765. What is the loss per cent?

Answer key

  1. 260
  2. 150
  3. 135
  4. 12
  5. 248
  6. 160
  7. 688
  8. 4704
  9. 5
  10. 40
  11. 1
  12. 1584
  13. 68
  14. 299
  15. 1920
  16. 576
  17. 528
  18. 880
  19. 1
  20. 90
  21. 220
  22. 6944
  23. 1350
  24. 50
  25. 4704
  26. 338
  27. 300
  28. 1904
  29. 50
  30. 60
  31. 3795
  32. 5335
  33. 50
  34. 12
  35. 30
  36. 1040
  37. 10830
  38. 441
  39. 260
  40. 15

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