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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 370 · 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 ₹2150 and sells it for ₹2200. What is the profit (in ₹)?
  2. 2.The price of a school bag changed from ₹50 to ₹75. What is the percentage increase?
  3. 3.What is the simple interest on ₹9900 at 7% per year for 4 years (in ₹)?
  4. 4.What is 60% of 60?
  5. 5.The price of a water bottle changed from ₹250 to ₹255. What is the percentage increase?
  6. 6.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?
  7. 7.A watch bought for ₹1400 is sold for ₹1190. What is the loss per cent?
  8. 8.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
  9. 9.A fan costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.What is 30% of 480?
  11. 11.What is the simple interest on ₹900 at 6% per year for 3 years (in ₹)?
  12. 12.A cricket kit bought for ₹4000 is sold for ₹5600. What is the profit per cent?
  13. 13.What is the simple interest on ₹3300 at 10% per year for 3 years (in ₹)?
  14. 14.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 5 years (in ₹)?
  15. 15.What is the simple interest on ₹4800 at 4% per year for 2 years (in ₹)?
  16. 16.What is the simple interest on ₹2200 at 3% per year for 1 year (in ₹)?
  17. 17.The price of a bus pass changed from ₹40 to ₹36. What is the percentage decrease?
  18. 18.A shopkeeper buys a cooler for ₹700 and sells it for ₹630. What is the loss (in ₹)?
  19. 19.A cycle costs ₹1500. It is sold at a 5% loss. What is the selling price (in ₹)?
  20. 20.A shopkeeper buys a fan for ₹500 and sells it for ₹700. What is the profit (in ₹)?
  21. 21.The price of a bus pass changed from ₹100 to ₹95. What is the percentage decrease?
  22. 22.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2960. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹830. What is the profit (in ₹)?
  24. 24.What is the simple interest on ₹1100 at 10% per year for 3 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹9300 at 12% per year for 4 years (in ₹)?
  26. 26.A cricket kit costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
  27. 27.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
  28. 28.What is the simple interest on ₹600 at 4% per year for 3 years (in ₹)?
  29. 29.The price of a cricket ball changed from ₹40 to ₹76. What is the percentage increase?
  30. 30.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2520. What is the loss (in ₹)?
  31. 31.What is the simple interest on ₹9400 at 12% per year for 3 years (in ₹)?
  32. 32.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
  33. 33.A cricket kit costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
  34. 34.What is the amount (principal + simple interest) on ₹1400 at 10% per year for 5 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2900 at 11% per year for 5 years (in ₹)?
  36. 36.A cycle bought for ₹500 is sold for ₹575. What is the profit per cent?
  37. 37.What is 25% of 100?
  38. 38.A cooler costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a table for ₹2850 and sells it for ₹2670. What is the loss (in ₹)?
  40. 40.A shopkeeper buys a table for ₹350 and sells it for ₹150. What is the loss (in ₹)?

Answer key

  1. 50
  2. 50
  3. 2772
  4. 36
  5. 2
  6. 75
  7. 15
  8. 60
  9. 440
  10. 144
  11. 162
  12. 40
  13. 990
  14. 5280
  15. 384
  16. 66
  17. 10
  18. 70
  19. 1425
  20. 200
  21. 5
  22. 160
  23. 280
  24. 330
  25. 13764
  26. 2160
  27. 80
  28. 72
  29. 90
  30. 280
  31. 3384
  32. 80
  33. 380
  34. 2100
  35. 4495
  36. 15
  37. 25
  38. 2760
  39. 180
  40. 200

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