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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 621 · 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 cooler costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
  2. 2.What is the simple interest on ₹4900 at 2% per year for 5 years (in ₹)?
  3. 3.What is the simple interest on ₹7700 at 12% per year for 3 years (in ₹)?
  4. 4.What is the amount (principal + simple interest) on ₹5500 at 9% per year for 1 year (in ₹)?
  5. 5.The price of a bus pass changed from ₹20 to ₹12. What is the percentage decrease?
  6. 6.The price of a box of mangoes changed from ₹40 to ₹30. What is the percentage decrease?
  7. 7.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2130. What is the profit (in ₹)?
  8. 8.A shopkeeper buys a cycle for ₹350 and sells it for ₹300. What is the loss (in ₹)?
  9. 9.What is 60% of 900?
  10. 10.What is the amount (principal + simple interest) on ₹6400 at 7% per year for 1 year (in ₹)?
  11. 11.A cooler costs ₹3400. It is sold at a 40% profit. What is the selling price (in ₹)?
  12. 12.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2450. What is the loss (in ₹)?
  13. 13.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1070. What is the loss (in ₹)?
  14. 14.A cycle bought for ₹2700 is sold for ₹3105. What is the profit per cent?
  15. 15.What is the amount (principal + simple interest) on ₹9400 at 4% per year for 4 years (in ₹)?
  16. 16.A sewing machine costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
  17. 17.What is 20% of 260?
  18. 18.What is the amount (principal + simple interest) on ₹5600 at 9% per year for 1 year (in ₹)?
  19. 19.A fan bought for ₹3600 is sold for ₹3780. What is the profit per cent?
  20. 20.A cricket kit bought for ₹4000 is sold for ₹4800. What is the profit per cent?
  21. 21.A shopkeeper buys a table for ₹900 and sells it for ₹690. What is the loss (in ₹)?
  22. 22.What is 20% of 580?
  23. 23.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 1 year (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹6400 at 9% per year for 1 year (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹3500 at 7% per year for 1 year (in ₹)?
  26. 26.What is 75% of 900?
  27. 27.What is the amount (principal + simple interest) on ₹2900 at 11% per year for 1 year (in ₹)?
  28. 28.What is 95% of 900?
  29. 29.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
  30. 30.A table bought for ₹3000 is sold for ₹3600. What is the profit per cent?
  31. 31.A shopkeeper buys a fan for ₹500 and sells it for ₹410. What is the loss (in ₹)?
  32. 32.What is the simple interest on ₹2100 at 7% per year for 2 years (in ₹)?
  33. 33.What is the amount (principal + simple interest) on ₹5400 at 6% per year for 3 years (in ₹)?
  34. 34.A shopkeeper buys a cooler for ₹500 and sells it for ₹730. What is the profit (in ₹)?
  35. 35.A sewing machine costs ₹1700. It is sold at a 20% loss. What is the selling price (in ₹)?
  36. 36.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
  37. 37.A table costs ₹1700. It is sold at a 40% profit. What is the selling price (in ₹)?
  38. 38.A mobile phone bought for ₹1400 is sold for ₹1820. What is the profit per cent?
  39. 39.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹960. What is the profit (in ₹)?
  40. 40.What is the simple interest on ₹5600 at 8% per year for 5 years (in ₹)?

Answer key

  1. 500
  2. 490
  3. 2772
  4. 5995
  5. 40
  6. 25
  7. 30
  8. 50
  9. 540
  10. 6848
  11. 4760
  12. 250
  13. 30
  14. 15
  15. 10904
  16. 2040
  17. 52
  18. 6104
  19. 5
  20. 20
  21. 210
  22. 116
  23. 6741
  24. 6976
  25. 3745
  26. 675
  27. 3219
  28. 855
  29. 30
  30. 20
  31. 90
  32. 294
  33. 6372
  34. 230
  35. 1360
  36. 10
  37. 2380
  38. 30
  39. 110
  40. 2240

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