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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 984 · 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 ₹1200 and sells it for ₹1020. What is the loss (in ₹)?
  2. 2.What is 20% of 60?
  3. 3.What is 90% of 900?
  4. 4.What is the simple interest on ₹8400 at 4% per year for 2 years (in ₹)?
  5. 5.What is 45% of 320?
  6. 6.A cycle bought for ₹800 is sold for ₹920. What is the profit per cent?
  7. 7.What is the amount (principal + simple interest) on ₹700 at 3% per year for 4 years (in ₹)?
  8. 8.A watch costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
  9. 9.A cooler costs ₹2400. It is sold at a 50% loss. What is the selling price (in ₹)?
  10. 10.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2120. What is the profit (in ₹)?
  11. 11.What is the amount (principal + simple interest) on ₹5300 at 6% per year for 2 years (in ₹)?
  12. 12.What is the simple interest on ₹9300 at 3% per year for 5 years (in ₹)?
  13. 13.The price of a box of mangoes changed from ₹100 to ₹105. What is the percentage increase?
  14. 14.What is 85% of 620?
  15. 15.A watch bought for ₹1200 is sold for ₹1260. What is the profit per cent?
  16. 16.A table bought for ₹3200 is sold for ₹3680. What is the profit per cent?
  17. 17.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
  18. 18.A sewing machine bought for ₹3300 is sold for ₹2475. What is the loss per cent?
  19. 19.A shopkeeper buys a table for ₹600 and sells it for ₹570. What is the loss (in ₹)?
  20. 20.What is the simple interest on ₹4700 at 12% per year for 3 years (in ₹)?
  21. 21.What is the amount (principal + simple interest) on ₹3700 at 5% per year for 5 years (in ₹)?
  22. 22.A sewing machine bought for ₹3100 is sold for ₹3875. What is the profit per cent?
  23. 23.What is the amount (principal + simple interest) on ₹6500 at 3% per year for 3 years (in ₹)?
  24. 24.A watch bought for ₹1500 is sold for ₹1200. What is the loss per cent?
  25. 25.The price of a water bottle changed from ₹400 to ₹640. What is the percentage increase?
  26. 26.What is the simple interest on ₹9700 at 11% per year for 5 years (in ₹)?
  27. 27.A cycle costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
  28. 28.What is 60% of 540?
  29. 29.What is 25% of 760?
  30. 30.The price of a bus pass changed from ₹40 to ₹38. What is the percentage decrease?
  31. 31.What is 40% of 980?
  32. 32.What is 20% of 700?
  33. 33.A fan costs ₹2100. It is sold at a 20% profit. What is the selling price (in ₹)?
  34. 34.What is the simple interest on ₹7300 at 2% per year for 3 years (in ₹)?
  35. 35.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 1 year (in ₹)?
  36. 36.The price of a pair of shoes changed from ₹250 to ₹100. What is the percentage decrease?
  37. 37.A shopkeeper buys a watch for ₹2500 and sells it for ₹2480. What is the loss (in ₹)?
  38. 38.What is 85% of 980?
  39. 39.A table costs ₹1200. It is sold at a 20% profit. What is the selling price (in ₹)?
  40. 40.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 3 years (in ₹)?

Answer key

  1. 180
  2. 12
  3. 810
  4. 672
  5. 144
  6. 15
  7. 784
  8. 1440
  9. 1200
  10. 170
  11. 5936
  12. 1395
  13. 5
  14. 527
  15. 5
  16. 15
  17. 20
  18. 25
  19. 30
  20. 1692
  21. 4625
  22. 25
  23. 7085
  24. 20
  25. 60
  26. 5335
  27. 1350
  28. 324
  29. 190
  30. 5
  31. 392
  32. 140
  33. 2520
  34. 438
  35. 1060
  36. 60
  37. 20
  38. 833
  39. 1440
  40. 2464

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