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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 578 · 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 sewing machine for ₹1650 and sells it for ₹1350. What is the loss (in ₹)?
  2. 2.A mobile phone bought for ₹2700 is sold for ₹2970. What is the profit per cent?
  3. 3.What is the simple interest on ₹7800 at 2% per year for 3 years (in ₹)?
  4. 4.The price of a bus pass changed from ₹400 to ₹360. What is the percentage decrease?
  5. 5.A watch bought for ₹800 is sold for ₹840. What is the profit per cent?
  6. 6.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
  7. 7.A table bought for ₹800 is sold for ₹960. What is the profit per cent?
  8. 8.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 2 years (in ₹)?
  9. 9.What is 35% of 640?
  10. 10.A sewing machine bought for ₹3000 is sold for ₹4200. What is the profit per cent?
  11. 11.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
  12. 12.What is 10% of 160?
  13. 13.A mobile phone costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
  14. 14.A fan bought for ₹2500 is sold for ₹2125. What is the loss per cent?
  15. 15.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 5 years (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹2100 and sells it for ₹2060. What is the loss (in ₹)?
  17. 17.A fan bought for ₹1100 is sold for ₹825. What is the loss per cent?
  18. 18.What is the simple interest on ₹3800 at 9% per year for 2 years (in ₹)?
  19. 19.What is the simple interest on ₹5800 at 10% per year for 3 years (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹670. What is the loss (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹4100 at 7% per year for 3 years (in ₹)?
  22. 22.What is the amount (principal + simple interest) on ₹6400 at 10% per year for 5 years (in ₹)?
  23. 23.What is 15% of 540?
  24. 24.What is 90% of 620?
  25. 25.A cycle bought for ₹3200 is sold for ₹2816. What is the loss per cent?
  26. 26.What is the simple interest on ₹2300 at 3% per year for 2 years (in ₹)?
  27. 27.What is the amount (principal + simple interest) on ₹800 at 2% per year for 1 year (in ₹)?
  28. 28.A cycle costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
  29. 29.A mobile phone bought for ₹1700 is sold for ₹1955. What is the profit per cent?
  30. 30.A table costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 1 year (in ₹)?
  32. 32.A shopkeeper buys a fan for ₹1900 and sells it for ₹1690. What is the loss (in ₹)?
  33. 33.A mobile phone bought for ₹2500 is sold for ₹1500. What is the loss per cent?
  34. 34.A shopkeeper buys a fan for ₹2050 and sells it for ₹2120. What is the profit (in ₹)?
  35. 35.What is 25% of 60?
  36. 36.What is the simple interest on ₹2500 at 8% per year for 5 years (in ₹)?
  37. 37.The price of a cricket ball changed from ₹80 to ₹72. What is the percentage decrease?
  38. 38.What is 15% of 80?
  39. 39.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
  40. 40.What is 65% of 680?

Answer key

  1. 300
  2. 10
  3. 468
  4. 10
  5. 5
  6. 60
  7. 20
  8. 10858
  9. 224
  10. 40
  11. 60
  12. 16
  13. 1520
  14. 15
  15. 1650
  16. 40
  17. 25
  18. 684
  19. 1740
  20. 280
  21. 4961
  22. 9600
  23. 81
  24. 558
  25. 12
  26. 138
  27. 816
  28. 704
  29. 15
  30. 1040
  31. 8715
  32. 210
  33. 40
  34. 70
  35. 15
  36. 1000
  37. 10
  38. 12
  39. 20
  40. 442

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