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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 392 · 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 cycle for ₹1350 and sells it for ₹1430. What is the profit (in ₹)?
  2. 2.A shopkeeper buys a watch for ₹2500 and sells it for ₹2240. What is the loss (in ₹)?
  3. 3.The price of a pair of shoes changed from ₹500 to ₹950. What is the percentage increase?
  4. 4.The price of a cricket ball changed from ₹250 to ₹275. What is the percentage increase?
  5. 5.The price of a pair of shoes changed from ₹250 to ₹255. What is the percentage increase?
  6. 6.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2670. What is the profit (in ₹)?
  7. 7.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
  8. 8.What is 90% of 320?
  9. 9.A watch costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
  10. 10.What is the amount (principal + simple interest) on ₹1500 at 8% per year for 5 years (in ₹)?
  11. 11.The price of a pair of shoes changed from ₹20 to ₹32. What is the percentage increase?
  12. 12.A sewing machine costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
  13. 13.The price of a water bottle changed from ₹100 to ₹160. What is the percentage increase?
  14. 14.What is the simple interest on ₹6700 at 5% per year for 5 years (in ₹)?
  15. 15.A cooler costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
  16. 16.What is the amount (principal + simple interest) on ₹6400 at 7% per year for 1 year (in ₹)?
  17. 17.A shopkeeper buys a fan for ₹950 and sells it for ₹920. What is the loss (in ₹)?
  18. 18.What is the amount (principal + simple interest) on ₹6000 at 4% per year for 1 year (in ₹)?
  19. 19.A cycle costs ₹1300. It is sold at a 40% profit. What is the selling price (in ₹)?
  20. 20.A sewing machine costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
  21. 21.The price of a bus pass changed from ₹50 to ₹20. What is the percentage decrease?
  22. 22.A fan costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
  23. 23.What is the simple interest on ₹1100 at 8% per year for 1 year (in ₹)?
  24. 24.A cooler bought for ₹2100 is sold for ₹1470. What is the loss per cent?
  25. 25.What is the simple interest on ₹3700 at 11% per year for 4 years (in ₹)?
  26. 26.What is the amount (principal + simple interest) on ₹3800 at 12% per year for 2 years (in ₹)?
  27. 27.A cricket kit bought for ₹3500 is sold for ₹3675. What is the profit per cent?
  28. 28.What is the simple interest on ₹9900 at 5% per year for 3 years (in ₹)?
  29. 29.A sewing machine bought for ₹3700 is sold for ₹2220. What is the loss per cent?
  30. 30.What is the amount (principal + simple interest) on ₹3900 at 9% per year for 4 years (in ₹)?
  31. 31.A cycle costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
  32. 32.What is 35% of 280?
  33. 33.A cycle bought for ₹1000 is sold for ₹1050. What is the profit per cent?
  34. 34.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3260. What is the profit (in ₹)?
  35. 35.A sewing machine bought for ₹800 is sold for ₹704. What is the loss per cent?
  36. 36.A cycle costs ₹2700. It is sold at a 25% loss. What is the selling price (in ₹)?
  37. 37.The price of a bus pass changed from ₹20 to ₹38. What is the percentage increase?
  38. 38.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2440. What is the loss (in ₹)?
  39. 39.What is 85% of 580?
  40. 40.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2760. What is the profit (in ₹)?

Answer key

  1. 80
  2. 260
  3. 90
  4. 10
  5. 2
  6. 170
  7. 30
  8. 288
  9. 440
  10. 2100
  11. 60
  12. 2875
  13. 60
  14. 1675
  15. 540
  16. 6848
  17. 30
  18. 6240
  19. 1820
  20. 1344
  21. 60
  22. 1440
  23. 88
  24. 30
  25. 1628
  26. 4712
  27. 5
  28. 1485
  29. 40
  30. 5304
  31. 200
  32. 98
  33. 5
  34. 260
  35. 12
  36. 2025
  37. 90
  38. 60
  39. 493
  40. 260

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