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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 884 · 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 75% of 580?
  2. 2.A shopkeeper buys a watch for ₹200 and sells it for ₹160. What is the loss (in ₹)?
  3. 3.A fan bought for ₹2100 is sold for ₹1575. What is the loss per cent?
  4. 4.The price of a bus pass changed from ₹50 to ₹95. What is the percentage increase?
  5. 5.A cycle costs ₹1200. It is sold at a 50% loss. What is the selling price (in ₹)?
  6. 6.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹890. What is the profit (in ₹)?
  7. 7.What is the simple interest on ₹10000 at 12% per year for 1 year (in ₹)?
  8. 8.The price of a bus pass changed from ₹80 to ₹56. What is the percentage decrease?
  9. 9.A shopkeeper buys a cooler for ₹1000 and sells it for ₹860. What is the loss (in ₹)?
  10. 10.The price of a school bag changed from ₹200 to ₹220. What is the percentage increase?
  11. 11.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1520. What is the profit (in ₹)?
  12. 12.A fan bought for ₹2900 is sold for ₹3480. What is the profit per cent?
  13. 13.A sewing machine bought for ₹2500 is sold for ₹3750. What is the profit per cent?
  14. 14.What is the simple interest on ₹1600 at 10% per year for 2 years (in ₹)?
  15. 15.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1620. What is the profit (in ₹)?
  16. 16.A shopkeeper buys a cycle for ₹500 and sells it for ₹700. What is the profit (in ₹)?
  17. 17.A mobile phone costs ₹3400. It is sold at a 12% profit. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹500 at 12% per year for 3 years (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2350. What is the profit (in ₹)?
  20. 20.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 2 years (in ₹)?
  21. 21.What is 40% of 920?
  22. 22.A shopkeeper buys a watch for ₹400 and sells it for ₹320. What is the loss (in ₹)?
  23. 23.What is the simple interest on ₹7800 at 8% per year for 5 years (in ₹)?
  24. 24.The price of a box of mangoes changed from ₹400 to ₹200. What is the percentage decrease?
  25. 25.What is 20% of 40?
  26. 26.What is the amount (principal + simple interest) on ₹4600 at 4% per year for 1 year (in ₹)?
  27. 27.What is 70% of 100?
  28. 28.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹390. What is the loss (in ₹)?
  29. 29.What is 25% of 440?
  30. 30.A watch bought for ₹2200 is sold for ₹1100. What is the loss per cent?
  31. 31.What is 30% of 160?
  32. 32.A mobile phone costs ₹2300. It is sold at a 30% profit. What is the selling price (in ₹)?
  33. 33.What is the simple interest on ₹700 at 9% per year for 1 year (in ₹)?
  34. 34.A shopkeeper buys a fan for ₹950 and sells it for ₹650. What is the loss (in ₹)?
  35. 35.A fan costs ₹2300. It is sold at a 10% loss. What is the selling price (in ₹)?
  36. 36.What is the amount (principal + simple interest) on ₹1100 at 6% per year for 1 year (in ₹)?
  37. 37.A watch costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
  38. 38.What is the amount (principal + simple interest) on ₹2000 at 10% per year for 4 years (in ₹)?
  39. 39.What is the amount (principal + simple interest) on ₹6800 at 11% per year for 4 years (in ₹)?
  40. 40.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1360. What is the profit (in ₹)?

Answer key

  1. 435
  2. 40
  3. 25
  4. 90
  5. 600
  6. 90
  7. 1200
  8. 30
  9. 140
  10. 10
  11. 20
  12. 20
  13. 50
  14. 320
  15. 70
  16. 200
  17. 3808
  18. 180
  19. 250
  20. 5408
  21. 368
  22. 80
  23. 3120
  24. 50
  25. 8
  26. 4784
  27. 70
  28. 210
  29. 110
  30. 50
  31. 48
  32. 2990
  33. 63
  34. 300
  35. 2070
  36. 1166
  37. 1080
  38. 2800
  39. 9792
  40. 10

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