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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 85 · 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 fan for ₹700 and sells it for ₹440. What is the loss (in ₹)?
  2. 2.A mobile phone bought for ₹1000 is sold for ₹1250. What is the profit per cent?
  3. 3.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹1900. What is the loss (in ₹)?
  4. 4.A mobile phone bought for ₹1200 is sold for ₹1440. What is the profit per cent?
  5. 5.A shopkeeper buys a table for ₹2900 and sells it for ₹2980. What is the profit (in ₹)?
  6. 6.A mobile phone costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
  7. 7.A shopkeeper buys a watch for ₹200 and sells it for ₹340. What is the profit (in ₹)?
  8. 8.What is 85% of 240?
  9. 9.A cycle costs ₹3800. It is sold at a 12% loss. What is the selling price (in ₹)?
  10. 10.What is 55% of 980?
  11. 11.What is the simple interest on ₹7900 at 6% per year for 5 years (in ₹)?
  12. 12.A fan costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
  13. 13.A cooler bought for ₹900 is sold for ₹792. What is the loss per cent?
  14. 14.What is 25% of 740?
  15. 15.What is the simple interest on ₹7600 at 6% per year for 5 years (in ₹)?
  16. 16.What is 80% of 880?
  17. 17.What is the amount (principal + simple interest) on ₹6100 at 10% per year for 4 years (in ₹)?
  18. 18.A sewing machine bought for ₹2600 is sold for ₹3640. What is the profit per cent?
  19. 19.A shopkeeper buys a cycle for ₹600 and sells it for ₹560. What is the loss (in ₹)?
  20. 20.What is the simple interest on ₹4700 at 9% per year for 5 years (in ₹)?
  21. 21.A mobile phone costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
  22. 22.A sewing machine bought for ₹1100 is sold for ₹990. What is the loss per cent?
  23. 23.The price of a bus pass changed from ₹20 to ₹35. What is the percentage increase?
  24. 24.What is 15% of 440?
  25. 25.What is 45% of 780?
  26. 26.The price of a box of mangoes changed from ₹400 to ₹640. What is the percentage increase?
  27. 27.What is the simple interest on ₹9100 at 3% per year for 4 years (in ₹)?
  28. 28.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 2 years (in ₹)?
  29. 29.A cycle bought for ₹2400 is sold for ₹1920. What is the loss per cent?
  30. 30.What is the simple interest on ₹7700 at 3% per year for 3 years (in ₹)?
  31. 31.A shopkeeper buys a table for ₹1200 and sells it for ₹1340. What is the profit (in ₹)?
  32. 32.What is 70% of 660?
  33. 33.A sewing machine bought for ₹1800 is sold for ₹1890. What is the profit per cent?
  34. 34.A watch bought for ₹600 is sold for ₹750. What is the profit per cent?
  35. 35.What is the simple interest on ₹2200 at 5% per year for 4 years (in ₹)?
  36. 36.A shopkeeper buys a table for ₹2500 and sells it for ₹2520. What is the profit (in ₹)?
  37. 37.What is the simple interest on ₹2200 at 4% per year for 5 years (in ₹)?
  38. 38.A fan costs ₹700. It is sold at a 15% loss. What is the selling price (in ₹)?
  39. 39.A fan bought for ₹1500 is sold for ₹1125. What is the loss per cent?
  40. 40.What is the amount (principal + simple interest) on ₹1800 at 8% per year for 1 year (in ₹)?

Answer key

  1. 260
  2. 25
  3. 200
  4. 20
  5. 80
  6. 3120
  7. 140
  8. 204
  9. 3344
  10. 539
  11. 2370
  12. 560
  13. 12
  14. 185
  15. 2280
  16. 704
  17. 8540
  18. 40
  19. 40
  20. 2115
  21. 595
  22. 10
  23. 75
  24. 66
  25. 351
  26. 60
  27. 1092
  28. 9570
  29. 20
  30. 693
  31. 140
  32. 462
  33. 5
  34. 25
  35. 440
  36. 20
  37. 440
  38. 595
  39. 25
  40. 1944

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