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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 514 · 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 cricket kit for ₹2350 and sells it for ₹2230. What is the loss (in ₹)?
  2. 2.What is the simple interest on ₹1400 at 12% per year for 1 year (in ₹)?
  3. 3.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2330. What is the loss (in ₹)?
  4. 4.A table costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
  5. 5.What is 95% of 280?
  6. 6.The price of a school bag changed from ₹500 to ₹495. What is the percentage decrease?
  7. 7.A table costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
  8. 8.What is the simple interest on ₹9900 at 11% per year for 5 years (in ₹)?
  9. 9.What is 25% of 320?
  10. 10.A cooler bought for ₹1000 is sold for ₹1400. What is the profit per cent?
  11. 11.A fan costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a table for ₹1350 and sells it for ₹1120. What is the loss (in ₹)?
  13. 13.The price of a box of mangoes changed from ₹200 to ₹204. What is the percentage increase?
  14. 14.A sewing machine bought for ₹1000 is sold for ₹900. What is the loss per cent?
  15. 15.A sewing machine bought for ₹3700 is sold for ₹2775. What is the loss per cent?
  16. 16.What is the amount (principal + simple interest) on ₹1300 at 5% per year for 5 years (in ₹)?
  17. 17.A cycle costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹5400 at 8% per year for 2 years (in ₹)?
  19. 19.A cricket kit costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
  20. 20.What is the simple interest on ₹4800 at 12% per year for 1 year (in ₹)?
  21. 21.The price of a water bottle changed from ₹100 to ₹75. What is the percentage decrease?
  22. 22.What is the simple interest on ₹1600 at 12% per year for 2 years (in ₹)?
  23. 23.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2900. What is the profit (in ₹)?
  24. 24.What is 80% of 120?
  25. 25.A sewing machine costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
  26. 26.A cricket kit bought for ₹3800 is sold for ₹2850. What is the loss per cent?
  27. 27.What is the amount (principal + simple interest) on ₹8400 at 6% per year for 2 years (in ₹)?
  28. 28.What is 25% of 500?
  29. 29.What is the amount (principal + simple interest) on ₹4200 at 9% per year for 1 year (in ₹)?
  30. 30.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1300. What is the profit (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹700 at 6% per year for 2 years (in ₹)?
  32. 32.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 3 years (in ₹)?
  33. 33.What is 80% of 880?
  34. 34.A cooler bought for ₹500 is sold for ₹525. What is the profit per cent?
  35. 35.A shopkeeper buys a cycle for ₹2950 and sells it for ₹2770. What is the loss (in ₹)?
  36. 36.A cricket kit costs ₹3900. It is sold at a 20% profit. What is the selling price (in ₹)?
  37. 37.A cycle bought for ₹500 is sold for ₹375. What is the loss per cent?
  38. 38.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2140. What is the profit (in ₹)?
  39. 39.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1620. What is the profit (in ₹)?
  40. 40.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?

Answer key

  1. 120
  2. 168
  3. 170
  4. 3570
  5. 266
  6. 1
  7. 1275
  8. 5445
  9. 80
  10. 40
  11. 1760
  12. 230
  13. 2
  14. 10
  15. 25
  16. 1625
  17. 950
  18. 864
  19. 3625
  20. 576
  21. 25
  22. 384
  23. 250
  24. 96
  25. 1440
  26. 25
  27. 9408
  28. 125
  29. 4578
  30. 300
  31. 784
  32. 10790
  33. 704
  34. 5
  35. 180
  36. 4680
  37. 25
  38. 40
  39. 70
  40. 30

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