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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 71 · 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 cycle for ₹1600 and sells it for ₹1450. What is the loss (in ₹)?
  2. 2.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 3 years (in ₹)?
  3. 3.What is 5% of 520?
  4. 4.A shopkeeper buys a fan for ₹2300 and sells it for ₹2450. What is the profit (in ₹)?
  5. 5.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹2000. What is the profit (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹4000 at 11% per year for 3 years (in ₹)?
  7. 7.A cycle bought for ₹2600 is sold for ₹2288. What is the loss per cent?
  8. 8.A table bought for ₹3200 is sold for ₹3840. What is the profit per cent?
  9. 9.A mobile phone bought for ₹200 is sold for ₹224. What is the profit per cent?
  10. 10.What is the simple interest on ₹1700 at 2% per year for 2 years (in ₹)?
  11. 11.A shopkeeper buys a table for ₹2750 and sells it for ₹2760. What is the profit (in ₹)?
  12. 12.A shopkeeper buys a fan for ₹1650 and sells it for ₹1570. What is the loss (in ₹)?
  13. 13.The price of a cricket ball changed from ₹200 to ₹120. What is the percentage decrease?
  14. 14.What is 60% of 560?
  15. 15.A mobile phone costs ₹1400. It is sold at a 10% profit. What is the selling price (in ₹)?
  16. 16.A fan costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹750. What is the loss (in ₹)?
  18. 18.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
  19. 19.What is the amount (principal + simple interest) on ₹5100 at 11% per year for 4 years (in ₹)?
  20. 20.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
  21. 21.What is 55% of 100?
  22. 22.A fan costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
  23. 23.A sewing machine costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
  24. 24.A table costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
  25. 25.A cricket kit bought for ₹3100 is sold for ₹2635. What is the loss per cent?
  26. 26.The price of a bus pass changed from ₹100 to ₹110. What is the percentage increase?
  27. 27.What is 20% of 340?
  28. 28.What is the simple interest on ₹3600 at 6% per year for 4 years (in ₹)?
  29. 29.A cricket kit costs ₹1800. It is sold at a 10% loss. What is the selling price (in ₹)?
  30. 30.A table costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
  31. 31.What is 95% of 860?
  32. 32.A cricket kit bought for ₹400 is sold for ₹460. What is the profit per cent?
  33. 33.What is the simple interest on ₹5100 at 3% per year for 1 year (in ₹)?
  34. 34.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1420. What is the profit (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹4700 at 11% per year for 3 years (in ₹)?
  36. 36.A shopkeeper buys a table for ₹450 and sells it for ₹730. What is the profit (in ₹)?
  37. 37.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹630. What is the loss (in ₹)?
  38. 38.A fan costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 4 years (in ₹)?
  40. 40.A cycle costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?

Answer key

  1. 150
  2. 4680
  3. 26
  4. 150
  5. 200
  6. 5320
  7. 12
  8. 20
  9. 12
  10. 68
  11. 10
  12. 80
  13. 40
  14. 336
  15. 1540
  16. 2750
  17. 50
  18. 40
  19. 7344
  20. 30
  21. 55
  22. 1300
  23. 2890
  24. 3255
  25. 15
  26. 10
  27. 68
  28. 864
  29. 1620
  30. 4290
  31. 817
  32. 15
  33. 153
  34. 170
  35. 6251
  36. 280
  37. 170
  38. 1430
  39. 4920
  40. 2850

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