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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 355 · 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 ₹2100 and sells it for ₹2090. What is the loss (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹5500 at 9% per year for 2 years (in ₹)?
  3. 3.What is the simple interest on ₹2800 at 9% per year for 4 years (in ₹)?
  4. 4.What is 60% of 760?
  5. 5.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1410. What is the loss (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 4 years (in ₹)?
  7. 7.A shopkeeper buys a fan for ₹1200 and sells it for ₹1450. What is the profit (in ₹)?
  8. 8.The price of a school bag changed from ₹20 to ₹38. What is the percentage increase?
  9. 9.What is 25% of 320?
  10. 10.What is the simple interest on ₹3000 at 2% per year for 2 years (in ₹)?
  11. 11.A mobile phone costs ₹2600. It is sold at a 12% profit. What is the selling price (in ₹)?
  12. 12.The price of a water bottle changed from ₹100 to ₹180. What is the percentage increase?
  13. 13.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 5 years (in ₹)?
  14. 14.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2280. What is the loss (in ₹)?
  15. 15.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
  16. 16.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1360. What is the profit (in ₹)?
  17. 17.A cycle costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
  18. 18.What is 65% of 680?
  19. 19.What is 5% of 560?
  20. 20.A shopkeeper buys a watch for ₹700 and sells it for ₹900. What is the profit (in ₹)?
  21. 21.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2680. What is the loss (in ₹)?
  22. 22.A shopkeeper buys a fan for ₹250 and sells it for ₹470. What is the profit (in ₹)?
  23. 23.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
  24. 24.What is 20% of 580?
  25. 25.What is 75% of 260?
  26. 26.A cycle costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
  27. 27.The price of a bus pass changed from ₹400 to ₹404. What is the percentage increase?
  28. 28.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 4 years (in ₹)?
  29. 29.What is the simple interest on ₹4400 at 7% per year for 1 year (in ₹)?
  30. 30.The price of a bus pass changed from ₹80 to ₹120. What is the percentage increase?
  31. 31.A shopkeeper buys a fan for ₹2400 and sells it for ₹2640. What is the profit (in ₹)?
  32. 32.A shopkeeper buys a table for ₹1650 and sells it for ₹1430. What is the loss (in ₹)?
  33. 33.What is 60% of 440?
  34. 34.A mobile phone bought for ₹1500 is sold for ₹1650. What is the profit per cent?
  35. 35.A cooler bought for ₹2000 is sold for ₹2240. What is the profit per cent?
  36. 36.What is 75% of 160?
  37. 37.A cycle costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a fan for ₹1600 and sells it for ₹1510. What is the loss (in ₹)?
  39. 39.A shopkeeper buys a fan for ₹1500 and sells it for ₹1710. What is the profit (in ₹)?
  40. 40.What is 30% of 980?

Answer key

  1. 10
  2. 6490
  3. 1008
  4. 456
  5. 190
  6. 5040
  7. 250
  8. 90
  9. 80
  10. 120
  11. 2912
  12. 80
  13. 4320
  14. 20
  15. 30
  16. 110
  17. 420
  18. 442
  19. 28
  20. 200
  21. 20
  22. 220
  23. 20
  24. 116
  25. 195
  26. 880
  27. 1
  28. 3348
  29. 308
  30. 50
  31. 240
  32. 220
  33. 264
  34. 10
  35. 12
  36. 120
  37. 4250
  38. 90
  39. 210
  40. 294

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