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 mobile phone costs ₹400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 2.What is the simple interest on ₹1900 at 3% per year for 4 years (in ₹)?
- 3.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1710. What is the loss (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1500 at 8% per year for 3 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 2 years (in ₹)?
- 6.A shopkeeper buys a table for ₹1100 and sells it for ₹800. What is the loss (in ₹)?
- 7.A cricket kit bought for ₹400 is sold for ₹448. What is the profit per cent?
- 8.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2510. What is the profit (in ₹)?
- 9.What is the simple interest on ₹9000 at 5% per year for 5 years (in ₹)?
- 10.The price of a pair of shoes changed from ₹80 to ₹96. What is the percentage increase?
- 11.A cooler costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 12.A cooler bought for ₹800 is sold for ₹960. What is the profit per cent?
- 13.A mobile phone bought for ₹500 is sold for ₹600. What is the profit per cent?
- 14.A table bought for ₹600 is sold for ₹510. What is the loss per cent?
- 15.What is the simple interest on ₹700 at 6% per year for 4 years (in ₹)?
- 16.A cricket kit bought for ₹2900 is sold for ₹2755. What is the loss per cent?
- 17.A cycle bought for ₹400 is sold for ₹500. What is the profit per cent?
- 18.A fan costs ₹3300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 19.A shopkeeper buys a watch for ₹2400 and sells it for ₹2570. What is the profit (in ₹)?
- 20.What is 95% of 840?
- 21.A table costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 22.What is 85% of 300?
- 23.A shopkeeper buys a table for ₹650 and sells it for ₹780. What is the profit (in ₹)?
- 24.A cycle costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 25.The price of a school bag changed from ₹20 to ₹36. What is the percentage increase?
- 26.A watch costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹5500 at 8% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 4 years (in ₹)?
- 29.What is the simple interest on ₹600 at 9% per year for 1 year (in ₹)?
- 30.What is 55% of 80?
- 31.A fan bought for ₹300 is sold for ₹315. What is the profit per cent?
- 32.A shopkeeper buys a cooler for ₹2050 and sells it for ₹1980. What is the loss (in ₹)?
- 33.A fan bought for ₹3200 is sold for ₹4800. What is the profit per cent?
- 34.The price of a water bottle changed from ₹200 to ₹250. What is the percentage increase?
- 35.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹650. What is the profit (in ₹)?
- 36.What is the simple interest on ₹500 at 4% per year for 5 years (in ₹)?
- 37.A watch bought for ₹2000 is sold for ₹2300. What is the profit per cent?
- 38.A fan costs ₹600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 39.A cricket kit bought for ₹3000 is sold for ₹2640. What is the loss per cent?
- 40.What is the simple interest on ₹3700 at 2% per year for 3 years (in ₹)?
Answer key
- 560
- 228
- 40
- 1860
- 1534
- 300
- 12
- 160
- 2250
- 20
- 330
- 20
- 20
- 15
- 168
- 5
- 25
- 3960
- 170
- 798
- 630
- 255
- 130
- 2790
- 80
- 660
- 7260
- 8064
- 54
- 44
- 5
- 70
- 50
- 25
- 300
- 100
- 15
- 420
- 12
- 222
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