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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 695 · 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 ₹700 and sells it for ₹910. What is the profit (in ₹)?
  2. 2.The price of a box of mangoes changed from ₹250 to ₹325. What is the percentage increase?
  3. 3.A shopkeeper buys a table for ₹1350 and sells it for ₹1230. What is the loss (in ₹)?
  4. 4.What is 20% of 660?
  5. 5.A cooler bought for ₹2900 is sold for ₹2552. What is the loss per cent?
  6. 6.What is the simple interest on ₹3400 at 11% per year for 2 years (in ₹)?
  7. 7.A cycle bought for ₹1600 is sold for ₹1408. What is the loss per cent?
  8. 8.A shopkeeper buys a table for ₹1900 and sells it for ₹1960. What is the profit (in ₹)?
  9. 9.What is the simple interest on ₹900 at 7% per year for 3 years (in ₹)?
  10. 10.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹3150. What is the profit (in ₹)?
  11. 11.What is the simple interest on ₹10000 at 4% per year for 1 year (in ₹)?
  12. 12.A sewing machine costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
  13. 13.The price of a school bag changed from ₹250 to ₹350. What is the percentage increase?
  14. 14.A cricket kit costs ₹1300. It is sold at a 20% profit. What is the selling price (in ₹)?
  15. 15.The price of a school bag changed from ₹100 to ₹70. What is the percentage decrease?
  16. 16.The price of a bus pass changed from ₹100 to ₹130. What is the percentage increase?
  17. 17.What is 40% of 980?
  18. 18.What is 95% of 340?
  19. 19.What is 65% of 980?
  20. 20.A table costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
  21. 21.A cycle costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
  22. 22.A shopkeeper buys a cooler for ₹2400 and sells it for ₹2620. What is the profit (in ₹)?
  23. 23.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹910. What is the profit (in ₹)?
  24. 24.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1330. What is the profit (in ₹)?
  25. 25.What is the simple interest on ₹8100 at 5% per year for 1 year (in ₹)?
  26. 26.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹480. What is the loss (in ₹)?
  27. 27.A cricket kit bought for ₹2700 is sold for ₹3510. What is the profit per cent?
  28. 28.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2030. What is the loss (in ₹)?
  29. 29.The price of a pair of shoes changed from ₹40 to ₹72. What is the percentage increase?
  30. 30.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2660. What is the loss (in ₹)?
  31. 31.What is the amount (principal + simple interest) on ₹6600 at 8% per year for 3 years (in ₹)?
  32. 32.What is the simple interest on ₹4500 at 4% per year for 4 years (in ₹)?
  33. 33.A cricket kit bought for ₹800 is sold for ₹704. What is the loss per cent?
  34. 34.What is the amount (principal + simple interest) on ₹500 at 6% per year for 2 years (in ₹)?
  35. 35.A sewing machine costs ₹1300. It is sold at a 40% profit. What is the selling price (in ₹)?
  36. 36.What is 90% of 180?
  37. 37.What is the amount (principal + simple interest) on ₹8900 at 6% per year for 2 years (in ₹)?
  38. 38.What is the simple interest on ₹3400 at 10% per year for 5 years (in ₹)?
  39. 39.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?
  40. 40.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1180. What is the loss (in ₹)?

Answer key

  1. 210
  2. 30
  3. 120
  4. 132
  5. 12
  6. 748
  7. 12
  8. 60
  9. 189
  10. 200
  11. 400
  12. 1900
  13. 40
  14. 1560
  15. 30
  16. 30
  17. 392
  18. 323
  19. 637
  20. 3875
  21. 1750
  22. 220
  23. 260
  24. 280
  25. 405
  26. 70
  27. 30
  28. 120
  29. 80
  30. 240
  31. 8184
  32. 720
  33. 12
  34. 560
  35. 1820
  36. 162
  37. 9968
  38. 1700
  39. 2
  40. 70

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