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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 751 · 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 mobile phone for ₹950 and sells it for ₹650. What is the loss (in ₹)?
  2. 2.What is 25% of 400?
  3. 3.A table costs ₹3200. It is sold at a 15% loss. What is the selling price (in ₹)?
  4. 4.What is the simple interest on ₹3000 at 2% per year for 2 years (in ₹)?
  5. 5.What is the amount (principal + simple interest) on ₹500 at 7% per year for 2 years (in ₹)?
  6. 6.The price of a pair of shoes changed from ₹500 to ₹50. What is the percentage decrease?
  7. 7.What is the simple interest on ₹5800 at 2% per year for 5 years (in ₹)?
  8. 8.A cricket kit costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
  9. 9.What is 5% of 420?
  10. 10.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹1790. What is the loss (in ₹)?
  11. 11.A shopkeeper buys a cricket kit for ₹1600 and sells it for ₹1810. What is the profit (in ₹)?
  12. 12.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
  13. 13.What is the simple interest on ₹8900 at 7% per year for 5 years (in ₹)?
  14. 14.What is 95% of 180?
  15. 15.What is the simple interest on ₹2900 at 11% per year for 1 year (in ₹)?
  16. 16.A shopkeeper buys a fan for ₹2000 and sells it for ₹2140. What is the profit (in ₹)?
  17. 17.A shopkeeper buys a table for ₹1150 and sells it for ₹1120. What is the loss (in ₹)?
  18. 18.What is the simple interest on ₹2600 at 11% per year for 3 years (in ₹)?
  19. 19.A sewing machine costs ₹3600. It is sold at a 20% profit. What is the selling price (in ₹)?
  20. 20.A sewing machine costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
  21. 21.What is 75% of 800?
  22. 22.What is the simple interest on ₹7400 at 9% per year for 2 years (in ₹)?
  23. 23.What is the amount (principal + simple interest) on ₹3400 at 7% per year for 3 years (in ₹)?
  24. 24.A shopkeeper buys a table for ₹2850 and sells it for ₹3040. What is the profit (in ₹)?
  25. 25.The price of a school bag changed from ₹400 to ₹760. What is the percentage increase?
  26. 26.What is the simple interest on ₹800 at 3% per year for 1 year (in ₹)?
  27. 27.A cycle bought for ₹2100 is sold for ₹1260. What is the loss per cent?
  28. 28.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 2 years (in ₹)?
  29. 29.A mobile phone bought for ₹1300 is sold for ₹1430. What is the profit per cent?
  30. 30.The price of a bus pass changed from ₹40 to ₹64. What is the percentage increase?
  31. 31.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1680. What is the profit (in ₹)?
  32. 32.What is 30% of 940?
  33. 33.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹360. What is the profit (in ₹)?
  34. 34.A shopkeeper buys a watch for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹2300 at 3% per year for 3 years (in ₹)?
  36. 36.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
  37. 37.A watch costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
  38. 38.A mobile phone costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹800 at 3% per year for 4 years (in ₹)?
  40. 40.A cricket kit costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?

Answer key

  1. 300
  2. 100
  3. 2720
  4. 120
  5. 570
  6. 90
  7. 580
  8. 3136
  9. 21
  10. 260
  11. 210
  12. 30
  13. 3115
  14. 171
  15. 319
  16. 140
  17. 30
  18. 858
  19. 4320
  20. 3080
  21. 600
  22. 1332
  23. 4114
  24. 190
  25. 90
  26. 24
  27. 40
  28. 3240
  29. 10
  30. 60
  31. 30
  32. 282
  33. 60
  34. 10
  35. 2507
  36. 20
  37. 510
  38. 750
  39. 896
  40. 3256

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