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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 278 · 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 cooler for ₹2350 and sells it for ₹2460. What is the profit (in ₹)?
  2. 2.A shopkeeper buys a fan for ₹850 and sells it for ₹990. What is the profit (in ₹)?
  3. 3.A cooler costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
  4. 4.The price of a pair of shoes changed from ₹20 to ₹30. What is the percentage increase?
  5. 5.The price of a cricket ball changed from ₹100 to ₹75. What is the percentage decrease?
  6. 6.A cricket kit bought for ₹3500 is sold for ₹4375. What is the profit per cent?
  7. 7.A fan bought for ₹1800 is sold for ₹1710. What is the loss per cent?
  8. 8.A sewing machine costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a cycle for ₹500 and sells it for ₹700. What is the profit (in ₹)?
  10. 10.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹1180. What is the profit (in ₹)?
  11. 11.A shopkeeper buys a table for ₹900 and sells it for ₹980. What is the profit (in ₹)?
  12. 12.A cooler bought for ₹1000 is sold for ₹880. What is the loss per cent?
  13. 13.What is the simple interest on ₹5800 at 3% per year for 2 years (in ₹)?
  14. 14.The price of a cricket ball changed from ₹500 to ₹490. What is the percentage decrease?
  15. 15.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 1 year (in ₹)?
  16. 16.The price of a box of mangoes changed from ₹100 to ₹95. What is the percentage decrease?
  17. 17.The price of a box of mangoes changed from ₹40 to ₹64. What is the percentage increase?
  18. 18.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 1 year (in ₹)?
  19. 19.A table bought for ₹2800 is sold for ₹3920. What is the profit per cent?
  20. 20.What is the amount (principal + simple interest) on ₹5000 at 8% per year for 1 year (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹3300 at 3% per year for 5 years (in ₹)?
  22. 22.What is 10% of 440?
  23. 23.The price of a bus pass changed from ₹100 to ₹105. What is the percentage increase?
  24. 24.A sewing machine bought for ₹2800 is sold for ₹3920. What is the profit per cent?
  25. 25.What is the amount (principal + simple interest) on ₹5000 at 3% per year for 1 year (in ₹)?
  26. 26.What is 65% of 960?
  27. 27.A sewing machine costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
  28. 28.The price of a pair of shoes changed from ₹80 to ₹60. What is the percentage decrease?
  29. 29.The price of a bus pass changed from ₹500 to ₹450. What is the percentage decrease?
  30. 30.What is the simple interest on ₹2200 at 6% per year for 5 years (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹4400 at 12% per year for 5 years (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹1450 and sells it for ₹1510. What is the profit (in ₹)?
  33. 33.What is 35% of 860?
  34. 34.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 1 year (in ₹)?
  35. 35.What is the simple interest on ₹1700 at 11% per year for 2 years (in ₹)?
  36. 36.A cooler costs ₹2200. It is sold at a 12% profit. What is the selling price (in ₹)?
  37. 37.A shopkeeper buys a watch for ₹2050 and sells it for ₹1750. What is the loss (in ₹)?
  38. 38.A cooler bought for ₹1800 is sold for ₹2016. What is the profit per cent?
  39. 39.The price of a school bag changed from ₹20 to ₹36. What is the percentage increase?
  40. 40.A fan costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 110
  2. 140
  3. 1904
  4. 50
  5. 25
  6. 25
  7. 5
  8. 3432
  9. 200
  10. 280
  11. 80
  12. 12
  13. 348
  14. 2
  15. 6741
  16. 5
  17. 60
  18. 1526
  19. 40
  20. 5400
  21. 3795
  22. 44
  23. 5
  24. 40
  25. 5150
  26. 624
  27. 450
  28. 25
  29. 10
  30. 660
  31. 7040
  32. 60
  33. 301
  34. 2987
  35. 374
  36. 2464
  37. 300
  38. 12
  39. 80
  40. 3168

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