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.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 2 years (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹5700 at 10% per year for 1 year (in ₹)?
- 3.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2640. What is the profit (in ₹)?
- 4.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹190. What is the loss (in ₹)?
- 5.A shopkeeper buys a cycle for ₹700 and sells it for ₹910. What is the profit (in ₹)?
- 6.The price of a cricket ball changed from ₹400 to ₹560. What is the percentage increase?
- 7.What is the simple interest on ₹7300 at 11% per year for 3 years (in ₹)?
- 8.A shopkeeper buys a cycle for ₹850 and sells it for ₹920. What is the profit (in ₹)?
- 9.What is the simple interest on ₹4000 at 3% per year for 3 years (in ₹)?
- 10.A cycle costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.The price of a water bottle changed from ₹80 to ₹84. What is the percentage increase?
- 12.What is 20% of 460?
- 13.What is 60% of 320?
- 14.What is 10% of 340?
- 15.What is the simple interest on ₹7100 at 7% per year for 4 years (in ₹)?
- 16.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
- 17.A fan costs ₹700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 18.What is 70% of 260?
- 19.The price of a bus pass changed from ₹80 to ₹112. What is the percentage increase?
- 20.What is 45% of 680?
- 21.A table bought for ₹1000 is sold for ₹700. What is the loss per cent?
- 22.What is the amount (principal + simple interest) on ₹1100 at 9% per year for 5 years (in ₹)?
- 23.What is 45% of 160?
- 24.A sewing machine costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 25.What is 20% of 440?
- 26.A fan bought for ₹3700 is sold for ₹3256. What is the loss per cent?
- 27.The price of a water bottle changed from ₹40 to ₹4. What is the percentage decrease?
- 28.A cooler bought for ₹4000 is sold for ₹4800. What is the profit per cent?
- 29.What is the amount (principal + simple interest) on ₹2600 at 4% per year for 2 years (in ₹)?
- 30.A cricket kit bought for ₹2900 is sold for ₹4350. What is the profit per cent?
- 31.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹380. What is the loss (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹3300 at 8% per year for 1 year (in ₹)?
- 33.The price of a water bottle changed from ₹500 to ₹400. What is the percentage decrease?
- 34.A shopkeeper buys a cycle for ₹800 and sells it for ₹960. What is the profit (in ₹)?
- 35.What is 80% of 480?
- 36.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
- 37.A fan bought for ₹3400 is sold for ₹3910. What is the profit per cent?
- 38.What is the amount (principal + simple interest) on ₹3800 at 5% per year for 2 years (in ₹)?
- 39.What is 85% of 800?
- 40.A cooler bought for ₹3300 is sold for ₹4620. What is the profit per cent?
Answer key
- 1710
- 6270
- 40
- 10
- 210
- 40
- 2409
- 70
- 360
- 3120
- 5
- 92
- 192
- 34
- 1988
- 40
- 980
- 182
- 40
- 306
- 30
- 1595
- 72
- 345
- 88
- 12
- 90
- 20
- 2808
- 50
- 270
- 3564
- 20
- 160
- 384
- 25
- 15
- 4180
- 680
- 40
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