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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 39 · 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.

NameDateTime takenScore ___ / 40
  1. 1.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1860. What is the loss (in ₹)?
  2. 2.A fan bought for ₹3700 is sold for ₹3256. What is the loss per cent?
  3. 3.A sewing machine costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹3600 at 3% per year for 2 years (in ₹)?
  5. 5.What is the simple interest on ₹6100 at 10% per year for 2 years (in ₹)?
  6. 6.A watch costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?
  7. 7.A cycle costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?
  8. 8.A cooler bought for ₹1900 is sold for ₹1805. What is the loss per cent?
  9. 9.A watch bought for ₹2200 is sold for ₹2090. What is the loss per cent?
  10. 10.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2910. What is the profit (in ₹)?
  11. 11.The price of a cricket ball changed from ₹80 to ₹56. What is the percentage decrease?
  12. 12.A cricket kit costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
  13. 13.What is the amount (principal + simple interest) on ₹6100 at 4% per year for 4 years (in ₹)?
  14. 14.A cricket kit bought for ₹3700 is sold for ₹4440. What is the profit per cent?
  15. 15.A shopkeeper buys a cooler for ₹2400 and sells it for ₹2320. What is the loss (in ₹)?
  16. 16.What is 70% of 720?
  17. 17.A shopkeeper buys a sewing machine for ₹2250 and sells it for ₹2490. What is the profit (in ₹)?
  18. 18.A fan bought for ₹3000 is sold for ₹2400. What is the loss per cent?
  19. 19.What is the simple interest on ₹5600 at 4% per year for 3 years (in ₹)?
  20. 20.A sewing machine costs ₹2300. It is sold at a 40% profit. What is the selling price (in ₹)?
  21. 21.The price of a pair of shoes changed from ₹20 to ₹36. What is the percentage increase?
  22. 22.What is 5% of 180?
  23. 23.What is 85% of 260?
  24. 24.The price of a cricket ball changed from ₹40 to ₹48. What is the percentage increase?
  25. 25.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2210. What is the loss (in ₹)?
  26. 26.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
  27. 27.A shopkeeper buys a cycle for ₹950 and sells it for ₹920. What is the loss (in ₹)?
  28. 28.What is 15% of 160?
  29. 29.A shopkeeper buys a cycle for ₹750 and sells it for ₹760. What is the profit (in ₹)?
  30. 30.What is the amount (principal + simple interest) on ₹5200 at 4% per year for 1 year (in ₹)?
  31. 31.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1170. What is the loss (in ₹)?
  32. 32.What is the simple interest on ₹6700 at 7% per year for 3 years (in ₹)?
  33. 33.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2560. What is the profit (in ₹)?
  34. 34.The price of a bus pass changed from ₹100 to ₹130. What is the percentage increase?
  35. 35.What is 20% of 280?
  36. 36.What is the simple interest on ₹6700 at 4% per year for 3 years (in ₹)?
  37. 37.A shopkeeper buys a table for ₹1350 and sells it for ₹1330. What is the loss (in ₹)?
  38. 38.A shopkeeper buys a table for ₹1500 and sells it for ₹1520. What is the profit (in ₹)?
  39. 39.A sewing machine costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
  40. 40.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?

Answer key

  1. 40
  2. 12
  3. 3125
  4. 216
  5. 1220
  6. 230
  7. 765
  8. 5
  9. 5
  10. 110
  11. 30
  12. 4200
  13. 7076
  14. 20
  15. 80
  16. 504
  17. 240
  18. 20
  19. 672
  20. 3220
  21. 80
  22. 9
  23. 221
  24. 20
  25. 240
  26. 110
  27. 30
  28. 24
  29. 10
  30. 5408
  31. 30
  32. 1407
  33. 10
  34. 30
  35. 56
  36. 804
  37. 20
  38. 20
  39. 3375
  40. 50

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