Class 7 Maths Worksheet: Profit and Loss, Simple Interest
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.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2210. What is the loss (in ₹)?
- 2.A shopkeeper buys a fan for ₹2900 and sells it for ₹2690. What is the loss (in ₹)?
- 3.What is the simple interest on ₹6800 at 3% per year for 5 years (in ₹)?
- 4.What is the simple interest on ₹4600 at 7% per year for 4 years (in ₹)?
- 5.What is 25% of 620?
- 6.A fan bought for ₹400 is sold for ₹600. What is the profit per cent?
- 7.What is the amount (principal + simple interest) on ₹1500 at 2% per year for 1 year (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹2800 at 10% per year for 4 years (in ₹)?
- 9.What is the simple interest on ₹7100 at 2% per year for 3 years (in ₹)?
- 10.What is 90% of 640?
- 11.What is the simple interest on ₹2000 at 5% per year for 3 years (in ₹)?
- 12.What is the simple interest on ₹2700 at 2% per year for 3 years (in ₹)?
- 13.A shopkeeper buys a table for ₹1600 and sells it for ₹1380. What is the loss (in ₹)?
- 14.The price of a school bag changed from ₹20 to ₹24. What is the percentage increase?
- 15.A table bought for ₹300 is sold for ₹390. What is the profit per cent?
- 16.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 5 years (in ₹)?
- 17.A mobile phone costs ₹300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 18.The price of a water bottle changed from ₹250 to ₹400. What is the percentage increase?
- 19.The price of a box of mangoes changed from ₹500 to ₹550. What is the percentage increase?
- 20.A sewing machine costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 5 years (in ₹)?
- 22.What is the simple interest on ₹5900 at 11% per year for 4 years (in ₹)?
- 23.The price of a cricket ball changed from ₹80 to ₹32. What is the percentage decrease?
- 24.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹980. What is the profit (in ₹)?
- 25.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
- 26.A fan bought for ₹2800 is sold for ₹2380. What is the loss per cent?
- 27.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
- 28.What is the simple interest on ₹6600 at 12% per year for 5 years (in ₹)?
- 29.A mobile phone bought for ₹3200 is sold for ₹3584. What is the profit per cent?
- 30.A shopkeeper buys a table for ₹850 and sells it for ₹980. What is the profit (in ₹)?
- 31.A fan bought for ₹800 is sold for ₹1120. What is the profit per cent?
- 32.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1480. What is the loss (in ₹)?
- 33.A cycle bought for ₹3800 is sold for ₹2850. What is the loss per cent?
- 34.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹790. What is the profit (in ₹)?
- 35.A cycle costs ₹2200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 36.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1550. What is the loss (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹6300 at 6% per year for 5 years (in ₹)?
- 38.A cricket kit bought for ₹2600 is sold for ₹1560. What is the loss per cent?
- 39.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 2 years (in ₹)?
- 40.A cricket kit costs ₹2100. It is sold at a 10% profit. What is the selling price (in ₹)?
Answer key
- 90
- 210
- 1020
- 1288
- 155
- 50
- 1530
- 3920
- 426
- 576
- 300
- 162
- 220
- 20
- 30
- 10295
- 180
- 60
- 10
- 330
- 7200
- 2596
- 60
- 130
- 80
- 15
- 60
- 3960
- 12
- 130
- 40
- 70
- 25
- 240
- 1540
- 200
- 8190
- 40
- 1320
- 2310
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