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 table for ₹1100 and sells it for ₹1310. What is the profit (in ₹)?
- 2.What is 90% of 980?
- 3.The price of a bus pass changed from ₹100 to ₹150. What is the percentage increase?
- 4.The price of a water bottle changed from ₹80 to ₹128. What is the percentage increase?
- 5.A cricket kit costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹6700 at 4% per year for 2 years (in ₹)?
- 7.What is the simple interest on ₹600 at 11% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a cycle for ₹500 and sells it for ₹760. What is the profit (in ₹)?
- 9.What is 90% of 680?
- 10.What is the amount (principal + simple interest) on ₹1300 at 3% per year for 1 year (in ₹)?
- 11.What is the simple interest on ₹2900 at 4% per year for 2 years (in ₹)?
- 12.What is 95% of 720?
- 13.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 14.A cooler costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 15.What is 70% of 200?
- 16.The price of a water bottle changed from ₹200 to ₹198. What is the percentage decrease?
- 17.A shopkeeper buys a fan for ₹1250 and sells it for ₹1420. What is the profit (in ₹)?
- 18.A watch bought for ₹1900 is sold for ₹2850. What is the profit per cent?
- 19.What is the amount (principal + simple interest) on ₹6700 at 8% per year for 3 years (in ₹)?
- 20.The price of a box of mangoes changed from ₹500 to ₹800. What is the percentage increase?
- 21.What is the simple interest on ₹7000 at 10% per year for 2 years (in ₹)?
- 22.A shopkeeper buys a watch for ₹2850 and sells it for ₹2960. What is the profit (in ₹)?
- 23.What is the simple interest on ₹8300 at 2% per year for 3 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹7900 at 5% per year for 3 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹3200 at 4% per year for 5 years (in ₹)?
- 26.The price of a box of mangoes changed from ₹250 to ₹100. What is the percentage decrease?
- 27.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2560. What is the profit (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹3600 at 6% per year for 3 years (in ₹)?
- 29.A mobile phone bought for ₹1100 is sold for ₹1210. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹9300 at 6% per year for 5 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹2100 at 12% per year for 5 years (in ₹)?
- 32.What is 35% of 800?
- 33.A sewing machine bought for ₹2900 is sold for ₹2175. What is the loss per cent?
- 34.A cycle costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 35.A cooler costs ₹900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 36.The price of a bus pass changed from ₹20 to ₹10. What is the percentage decrease?
- 37.A shopkeeper buys a watch for ₹2300 and sells it for ₹2240. What is the loss (in ₹)?
- 38.A cricket kit costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 39.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2860. What is the loss (in ₹)?
- 40.What is 60% of 540?
Answer key
- 210
- 882
- 50
- 60
- 630
- 536
- 66
- 260
- 612
- 1339
- 232
- 684
- 40
- 2520
- 140
- 1
- 170
- 50
- 8308
- 60
- 1400
- 110
- 498
- 9085
- 3840
- 60
- 110
- 4248
- 10
- 12090
- 3360
- 280
- 25
- 4025
- 810
- 50
- 60
- 560
- 40
- 324
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