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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 598 · 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 cooler for ₹1050 and sells it for ₹830. What is the loss (in ₹)?
  2. 2.The price of a bus pass changed from ₹250 to ₹245. What is the percentage decrease?
  3. 3.The price of a bus pass changed from ₹100 to ₹101. What is the percentage increase?
  4. 4.What is the simple interest on ₹5400 at 4% per year for 3 years (in ₹)?
  5. 5.What is the simple interest on ₹3000 at 6% per year for 2 years (in ₹)?
  6. 6.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
  7. 7.What is 10% of 940?
  8. 8.What is the amount (principal + simple interest) on ₹800 at 6% per year for 5 years (in ₹)?
  9. 9.The price of a pair of shoes changed from ₹200 to ₹220. What is the percentage increase?
  10. 10.The price of a school bag changed from ₹400 to ₹720. What is the percentage increase?
  11. 11.What is the simple interest on ₹1500 at 2% per year for 3 years (in ₹)?
  12. 12.A mobile phone bought for ₹3300 is sold for ₹2475. What is the loss per cent?
  13. 13.A watch bought for ₹1100 is sold for ₹880. What is the loss per cent?
  14. 14.What is 65% of 40?
  15. 15.What is 90% of 140?
  16. 16.What is 30% of 440?
  17. 17.A fan bought for ₹2000 is sold for ₹3000. What is the profit per cent?
  18. 18.What is the simple interest on ₹6500 at 10% per year for 4 years (in ₹)?
  19. 19.What is the amount (principal + simple interest) on ₹7100 at 10% per year for 2 years (in ₹)?
  20. 20.The price of a box of mangoes changed from ₹400 to ₹80. What is the percentage decrease?
  21. 21.What is the simple interest on ₹6200 at 3% per year for 2 years (in ₹)?
  22. 22.A table bought for ₹700 is sold for ₹840. What is the profit per cent?
  23. 23.What is 70% of 260?
  24. 24.A watch bought for ₹3100 is sold for ₹1860. What is the loss per cent?
  25. 25.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
  26. 26.What is 85% of 320?
  27. 27.What is the amount (principal + simple interest) on ₹8600 at 6% per year for 4 years (in ₹)?
  28. 28.A watch costs ₹3400. It is sold at a 5% loss. What is the selling price (in ₹)?
  29. 29.A cricket kit costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
  30. 30.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2490. What is the profit (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹500. What is the profit (in ₹)?
  32. 32.What is the simple interest on ₹8500 at 7% per year for 1 year (in ₹)?
  33. 33.A cycle bought for ₹1600 is sold for ₹1760. What is the profit per cent?
  34. 34.What is the amount (principal + simple interest) on ₹4500 at 4% per year for 2 years (in ₹)?
  35. 35.A cooler costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
  36. 36.What is the simple interest on ₹5200 at 8% per year for 5 years (in ₹)?
  37. 37.A cycle costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
  38. 38.A fan costs ₹3700. It is sold at a 40% profit. What is the selling price (in ₹)?
  39. 39.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
  40. 40.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2470. What is the profit (in ₹)?

Answer key

  1. 220
  2. 2
  3. 1
  4. 648
  5. 360
  6. 5
  7. 94
  8. 1040
  9. 10
  10. 80
  11. 90
  12. 25
  13. 20
  14. 26
  15. 126
  16. 132
  17. 50
  18. 2600
  19. 8520
  20. 80
  21. 372
  22. 20
  23. 182
  24. 40
  25. 30
  26. 272
  27. 10664
  28. 3230
  29. 1260
  30. 240
  31. 100
  32. 595
  33. 10
  34. 4860
  35. 1105
  36. 2080
  37. 1200
  38. 5180
  39. 20
  40. 120

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