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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 768 · 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.What is the amount (principal + simple interest) on ₹1900 at 11% per year for 5 years (in ₹)?
  2. 2.A fan costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
  3. 3.What is 25% of 760?
  4. 4.A shopkeeper buys a sewing machine for ₹2300 and sells it for ₹2440. What is the profit (in ₹)?
  5. 5.A shopkeeper buys a table for ₹600 and sells it for ₹550. What is the loss (in ₹)?
  6. 6.A cycle costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
  7. 7.What is 30% of 660?
  8. 8.A mobile phone bought for ₹900 is sold for ₹450. What is the loss per cent?
  9. 9.What is the simple interest on ₹6700 at 3% per year for 4 years (in ₹)?
  10. 10.What is 15% of 660?
  11. 11.A watch costs ₹1200. It is sold at a 15% profit. What is the selling price (in ₹)?
  12. 12.A cycle bought for ₹3900 is sold for ₹4875. What is the profit per cent?
  13. 13.A shopkeeper buys a cooler for ₹2950 and sells it for ₹2820. What is the loss (in ₹)?
  14. 14.A table costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹5100 at 7% per year for 2 years (in ₹)?
  16. 16.A shopkeeper buys a cycle for ₹500 and sells it for ₹440. What is the loss (in ₹)?
  17. 17.What is the amount (principal + simple interest) on ₹4600 at 2% per year for 1 year (in ₹)?
  18. 18.What is the simple interest on ₹2000 at 4% per year for 4 years (in ₹)?
  19. 19.What is 15% of 120?
  20. 20.A shopkeeper buys a watch for ₹2350 and sells it for ₹2410. What is the profit (in ₹)?
  21. 21.A cooler bought for ₹3500 is sold for ₹4900. What is the profit per cent?
  22. 22.What is the simple interest on ₹500 at 12% per year for 3 years (in ₹)?
  23. 23.A shopkeeper buys a table for ₹2200 and sells it for ₹2490. What is the profit (in ₹)?
  24. 24.A mobile phone costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
  25. 25.The price of a bus pass changed from ₹250 to ₹150. What is the percentage decrease?
  26. 26.What is the simple interest on ₹8900 at 7% per year for 3 years (in ₹)?
  27. 27.A shopkeeper buys a fan for ₹700 and sells it for ₹670. What is the loss (in ₹)?
  28. 28.The price of a water bottle changed from ₹250 to ₹125. What is the percentage decrease?
  29. 29.What is 15% of 420?
  30. 30.What is the simple interest on ₹8500 at 9% per year for 4 years (in ₹)?
  31. 31.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹370. What is the profit (in ₹)?
  32. 32.A mobile phone costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
  33. 33.A sewing machine costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
  34. 34.A mobile phone costs ₹3100. It is sold at a 50% profit. What is the selling price (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹8000 at 8% per year for 5 years (in ₹)?
  36. 36.A fan bought for ₹3700 is sold for ₹4144. What is the profit per cent?
  37. 37.A cycle costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
  38. 38.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2360. What is the loss (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹2300 and sells it for ₹2210. What is the loss (in ₹)?
  40. 40.A watch costs ₹1000. It is sold at a 5% profit. What is the selling price (in ₹)?

Answer key

  1. 2945
  2. 320
  3. 190
  4. 140
  5. 50
  6. 650
  7. 198
  8. 50
  9. 804
  10. 99
  11. 1380
  12. 25
  13. 130
  14. 1210
  15. 5814
  16. 60
  17. 4692
  18. 320
  19. 18
  20. 60
  21. 40
  22. 180
  23. 290
  24. 1750
  25. 40
  26. 1869
  27. 30
  28. 50
  29. 63
  30. 3060
  31. 120
  32. 5600
  33. 480
  34. 4650
  35. 11200
  36. 12
  37. 1600
  38. 190
  39. 90
  40. 1050

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