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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 891 · 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 table for ₹2450 and sells it for ₹2390. What is the loss (in ₹)?
  2. 2.What is the simple interest on ₹10000 at 11% per year for 5 years (in ₹)?
  3. 3.A sewing machine bought for ₹1400 is sold for ₹1568. What is the profit per cent?
  4. 4.What is 15% of 220?
  5. 5.What is the simple interest on ₹3600 at 11% per year for 3 years (in ₹)?
  6. 6.The price of a bus pass changed from ₹200 to ₹198. What is the percentage decrease?
  7. 7.What is 20% of 280?
  8. 8.What is the amount (principal + simple interest) on ₹8000 at 6% per year for 4 years (in ₹)?
  9. 9.What is the simple interest on ₹5900 at 3% per year for 1 year (in ₹)?
  10. 10.A watch bought for ₹2900 is sold for ₹2755. What is the loss per cent?
  11. 11.A mobile phone bought for ₹3800 is sold for ₹3040. What is the loss per cent?
  12. 12.A watch bought for ₹2900 is sold for ₹3248. What is the profit per cent?
  13. 13.What is 25% of 920?
  14. 14.What is the simple interest on ₹6900 at 7% per year for 1 year (in ₹)?
  15. 15.What is the simple interest on ₹6000 at 8% per year for 5 years (in ₹)?
  16. 16.A mobile phone costs ₹900. It is sold at a 5% profit. What is the selling price (in ₹)?
  17. 17.A table costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
  18. 18.What is the simple interest on ₹8000 at 4% per year for 3 years (in ₹)?
  19. 19.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2650. What is the loss (in ₹)?
  20. 20.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2960. What is the profit (in ₹)?
  21. 21.A cooler costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
  22. 22.What is 5% of 120?
  23. 23.What is the simple interest on ₹9800 at 7% per year for 1 year (in ₹)?
  24. 24.What is 90% of 680?
  25. 25.What is 75% of 740?
  26. 26.What is the amount (principal + simple interest) on ₹4100 at 12% per year for 3 years (in ₹)?
  27. 27.A fan costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
  28. 28.What is 80% of 860?
  29. 29.A watch costs ₹2700. It is sold at a 10% loss. What is the selling price (in ₹)?
  30. 30.What is the simple interest on ₹8300 at 6% per year for 4 years (in ₹)?
  31. 31.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
  32. 32.What is the amount (principal + simple interest) on ₹4900 at 6% per year for 5 years (in ₹)?
  33. 33.A cooler bought for ₹1800 is sold for ₹2070. What is the profit per cent?
  34. 34.A shopkeeper buys a cooler for ₹1050 and sells it for ₹930. What is the loss (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 5 years (in ₹)?
  36. 36.The price of a box of mangoes changed from ₹80 to ₹56. What is the percentage decrease?
  37. 37.What is the amount (principal + simple interest) on ₹5900 at 3% per year for 1 year (in ₹)?
  38. 38.What is 95% of 780?
  39. 39.A shopkeeper buys a table for ₹1900 and sells it for ₹2180. What is the profit (in ₹)?
  40. 40.A mobile phone bought for ₹2100 is sold for ₹1050. What is the loss per cent?

Answer key

  1. 60
  2. 5500
  3. 12
  4. 33
  5. 1188
  6. 1
  7. 56
  8. 9920
  9. 177
  10. 5
  11. 20
  12. 12
  13. 230
  14. 483
  15. 2400
  16. 945
  17. 2520
  18. 960
  19. 250
  20. 260
  21. 630
  22. 6
  23. 686
  24. 612
  25. 555
  26. 5576
  27. 805
  28. 688
  29. 2430
  30. 1992
  31. 90
  32. 6370
  33. 15
  34. 120
  35. 2040
  36. 30
  37. 6077
  38. 741
  39. 280
  40. 50

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