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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 436 · 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 mobile phone for ₹1750 and sells it for ₹1800. What is the profit (in ₹)?
  2. 2.A shopkeeper buys a cycle for ₹500 and sells it for ₹680. What is the profit (in ₹)?
  3. 3.What is 5% of 720?
  4. 4.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹450. What is the profit (in ₹)?
  5. 5.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
  6. 6.A cooler bought for ₹3800 is sold for ₹3420. What is the loss per cent?
  7. 7.What is the amount (principal + simple interest) on ₹9900 at 9% per year for 2 years (in ₹)?
  8. 8.A fan bought for ₹2500 is sold for ₹2200. What is the loss per cent?
  9. 9.What is the simple interest on ₹6500 at 4% per year for 2 years (in ₹)?
  10. 10.What is 65% of 900?
  11. 11.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2670. What is the profit (in ₹)?
  12. 12.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
  13. 13.The price of a water bottle changed from ₹40 to ₹10. What is the percentage decrease?
  14. 14.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹650. What is the profit (in ₹)?
  15. 15.The price of a bus pass changed from ₹200 to ₹180. What is the percentage decrease?
  16. 16.What is 20% of 360?
  17. 17.A cycle costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
  18. 18.A cricket kit bought for ₹3200 is sold for ₹4000. What is the profit per cent?
  19. 19.A cycle bought for ₹1200 is sold for ₹840. What is the loss per cent?
  20. 20.A shopkeeper buys a cycle for ₹2050 and sells it for ₹1750. What is the loss (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 3 years (in ₹)?
  22. 22.What is 15% of 900?
  23. 23.A cycle bought for ₹800 is sold for ₹400. What is the loss per cent?
  24. 24.A fan bought for ₹800 is sold for ₹720. What is the loss per cent?
  25. 25.What is the amount (principal + simple interest) on ₹500 at 5% per year for 5 years (in ₹)?
  26. 26.What is 40% of 360?
  27. 27.What is 70% of 620?
  28. 28.What is the simple interest on ₹6900 at 12% per year for 3 years (in ₹)?
  29. 29.A cooler costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
  30. 30.A cycle bought for ₹2100 is sold for ₹1890. What is the loss per cent?
  31. 31.A mobile phone costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
  32. 32.The price of a water bottle changed from ₹80 to ₹88. What is the percentage increase?
  33. 33.The price of a water bottle changed from ₹200 to ₹80. What is the percentage decrease?
  34. 34.A sewing machine bought for ₹1200 is sold for ₹1260. What is the profit per cent?
  35. 35.A fan costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?
  36. 36.What is 75% of 720?
  37. 37.What is 75% of 160?
  38. 38.What is 30% of 80?
  39. 39.What is the amount (principal + simple interest) on ₹7000 at 11% per year for 3 years (in ₹)?
  40. 40.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?

Answer key

  1. 50
  2. 180
  3. 36
  4. 100
  5. 90
  6. 10
  7. 11682
  8. 12
  9. 520
  10. 585
  11. 70
  12. 40
  13. 75
  14. 200
  15. 10
  16. 72
  17. 4290
  18. 25
  19. 30
  20. 300
  21. 2660
  22. 135
  23. 50
  24. 10
  25. 625
  26. 144
  27. 434
  28. 2484
  29. 3840
  30. 10
  31. 3360
  32. 10
  33. 60
  34. 5
  35. 375
  36. 540
  37. 120
  38. 24
  39. 9310
  40. 50

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