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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 774 · 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 cricket kit costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
  2. 2.A cooler bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  3. 3.What is the simple interest on ₹4700 at 2% per year for 3 years (in ₹)?
  4. 4.The price of a school bag changed from ₹100 to ₹90. What is the percentage decrease?
  5. 5.What is 40% of 680?
  6. 6.What is the simple interest on ₹7600 at 10% per year for 2 years (in ₹)?
  7. 7.A shopkeeper buys a watch for ₹1250 and sells it for ₹1090. What is the loss (in ₹)?
  8. 8.A sewing machine costs ₹1600. It is sold at a 5% profit. What is the selling price (in ₹)?
  9. 9.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2060. What is the loss (in ₹)?
  10. 10.What is the simple interest on ₹2700 at 3% per year for 2 years (in ₹)?
  11. 11.A cricket kit bought for ₹3600 is sold for ₹4032. What is the profit per cent?
  12. 12.A shopkeeper buys a watch for ₹200 and sells it for ₹310. What is the profit (in ₹)?
  13. 13.What is 65% of 540?
  14. 14.What is the amount (principal + simple interest) on ₹5900 at 5% per year for 2 years (in ₹)?
  15. 15.What is the amount (principal + simple interest) on ₹2000 at 8% per year for 4 years (in ₹)?
  16. 16.A cooler bought for ₹1200 is sold for ₹900. What is the loss per cent?
  17. 17.A cycle bought for ₹1400 is sold for ₹1330. What is the loss per cent?
  18. 18.A fan bought for ₹3900 is sold for ₹4368. What is the profit per cent?
  19. 19.What is the amount (principal + simple interest) on ₹7500 at 11% per year for 5 years (in ₹)?
  20. 20.A shopkeeper buys a table for ₹1750 and sells it for ₹1570. What is the loss (in ₹)?
  21. 21.What is the simple interest on ₹6700 at 11% per year for 3 years (in ₹)?
  22. 22.The price of a school bag changed from ₹80 to ₹48. What is the percentage decrease?
  23. 23.What is the amount (principal + simple interest) on ₹2500 at 12% per year for 1 year (in ₹)?
  24. 24.What is the amount (principal + simple interest) on ₹2700 at 4% per year for 4 years (in ₹)?
  25. 25.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 4 years (in ₹)?
  26. 26.What is the simple interest on ₹1500 at 4% per year for 2 years (in ₹)?
  27. 27.A mobile phone costs ₹1300. It is sold at a 12% profit. What is the selling price (in ₹)?
  28. 28.A fan costs ₹2900. It is sold at a 10% loss. What is the selling price (in ₹)?
  29. 29.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2100. What is the loss (in ₹)?
  30. 30.The price of a cricket ball changed from ₹400 to ₹280. What is the percentage decrease?
  31. 31.A table bought for ₹200 is sold for ₹230. What is the profit per cent?
  32. 32.What is the amount (principal + simple interest) on ₹8100 at 11% per year for 2 years (in ₹)?
  33. 33.A watch costs ₹3300. It is sold at a 15% profit. What is the selling price (in ₹)?
  34. 34.A shopkeeper buys a cycle for ₹1950 and sells it for ₹1780. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹900 at 3% per year for 4 years (in ₹)?
  36. 36.What is the simple interest on ₹7900 at 10% per year for 1 year (in ₹)?
  37. 37.A mobile phone bought for ₹1200 is sold for ₹1344. What is the profit per cent?
  38. 38.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1740. What is the profit (in ₹)?
  39. 39.What is 40% of 840?
  40. 40.What is 5% of 460?

Answer key

  1. 2520
  2. 12
  3. 282
  4. 10
  5. 272
  6. 1520
  7. 160
  8. 1680
  9. 90
  10. 162
  11. 12
  12. 110
  13. 351
  14. 6490
  15. 2640
  16. 25
  17. 5
  18. 12
  19. 11625
  20. 180
  21. 2211
  22. 40
  23. 2800
  24. 3132
  25. 1920
  26. 120
  27. 1456
  28. 2610
  29. 300
  30. 30
  31. 15
  32. 9882
  33. 3795
  34. 170
  35. 1008
  36. 790
  37. 12
  38. 40
  39. 336
  40. 23

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