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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 473 · 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 table costs ₹2400. It is sold at a 30% loss. What is the selling price (in ₹)?
  2. 2.A fan bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  3. 3.What is 55% of 400?
  4. 4.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
  5. 5.A watch costs ₹2200. It is sold at a 50% loss. What is the selling price (in ₹)?
  6. 6.What is 15% of 640?
  7. 7.A fan costs ₹2100. It is sold at a 10% loss. What is the selling price (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2690. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹5900 at 5% per year for 2 years (in ₹)?
  10. 10.A shopkeeper buys a table for ₹1850 and sells it for ₹1760. What is the loss (in ₹)?
  11. 11.A mobile phone costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹830. What is the loss (in ₹)?
  13. 13.The price of a box of mangoes changed from ₹20 to ₹4. What is the percentage decrease?
  14. 14.A watch bought for ₹200 is sold for ₹140. What is the loss per cent?
  15. 15.What is the simple interest on ₹3300 at 2% per year for 2 years (in ₹)?
  16. 16.What is the simple interest on ₹9800 at 3% per year for 4 years (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1880. What is the profit (in ₹)?
  18. 18.A cooler costs ₹2600. It is sold at a 30% loss. What is the selling price (in ₹)?
  19. 19.The price of a cricket ball changed from ₹40 to ₹50. What is the percentage increase?
  20. 20.What is the simple interest on ₹10000 at 5% per year for 5 years (in ₹)?
  21. 21.What is the simple interest on ₹1900 at 3% per year for 4 years (in ₹)?
  22. 22.The price of a box of mangoes changed from ₹80 to ₹72. What is the percentage decrease?
  23. 23.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 5 years (in ₹)?
  24. 24.A shopkeeper buys a table for ₹650 and sells it for ₹910. What is the profit (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 2 years (in ₹)?
  26. 26.What is 40% of 480?
  27. 27.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 3 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹6200 at 9% per year for 4 years (in ₹)?
  29. 29.What is the simple interest on ₹7800 at 3% per year for 1 year (in ₹)?
  30. 30.A watch bought for ₹2500 is sold for ₹3125. What is the profit per cent?
  31. 31.A cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  32. 32.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 5 years (in ₹)?
  33. 33.A shopkeeper buys a watch for ₹600 and sells it for ₹530. What is the loss (in ₹)?
  34. 34.The price of a box of mangoes changed from ₹100 to ₹180. What is the percentage increase?
  35. 35.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2520. What is the profit (in ₹)?
  36. 36.A cooler bought for ₹3900 is sold for ₹3315. What is the loss per cent?
  37. 37.A watch bought for ₹600 is sold for ₹690. What is the profit per cent?
  38. 38.A fan costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
  39. 39.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2330. What is the profit (in ₹)?
  40. 40.A table costs ₹1100. It is sold at a 25% loss. What is the selling price (in ₹)?

Answer key

  1. 1680
  2. 20
  3. 220
  4. 50
  5. 1100
  6. 96
  7. 1890
  8. 140
  9. 590
  10. 90
  11. 3640
  12. 170
  13. 80
  14. 30
  15. 132
  16. 1176
  17. 30
  18. 1820
  19. 25
  20. 2500
  21. 228
  22. 10
  23. 3960
  24. 260
  25. 3016
  26. 192
  27. 3658
  28. 8432
  29. 234
  30. 25
  31. 25
  32. 12450
  33. 70
  34. 80
  35. 270
  36. 15
  37. 15
  38. 1275
  39. 280
  40. 825

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