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 watch costs ₹300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹9800 at 12% per year for 1 year (in ₹)?
- 3.A cricket kit bought for ₹4000 is sold for ₹4480. What is the profit per cent?
- 4.A cooler bought for ₹2500 is sold for ₹2875. What is the profit per cent?
- 5.A sewing machine costs ₹800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 6.A cricket kit bought for ₹3800 is sold for ₹3230. What is the loss per cent?
- 7.What is the amount (principal + simple interest) on ₹6300 at 8% per year for 5 years (in ₹)?
- 8.A shopkeeper buys a watch for ₹850 and sells it for ₹910. What is the profit (in ₹)?
- 9.The price of a cricket ball changed from ₹20 to ₹28. What is the percentage increase?
- 10.A table costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 11.What is 90% of 820?
- 12.A sewing machine bought for ₹1600 is sold for ₹1360. What is the loss per cent?
- 13.What is the simple interest on ₹1000 at 7% per year for 2 years (in ₹)?
- 14.The price of a bus pass changed from ₹250 to ₹125. What is the percentage decrease?
- 15.What is the amount (principal + simple interest) on ₹6700 at 6% per year for 5 years (in ₹)?
- 16.What is the simple interest on ₹5300 at 9% per year for 1 year (in ₹)?
- 17.What is the simple interest on ₹600 at 9% per year for 2 years (in ₹)?
- 18.What is 95% of 620?
- 19.What is the simple interest on ₹5700 at 2% per year for 4 years (in ₹)?
- 20.What is the simple interest on ₹4100 at 5% per year for 3 years (in ₹)?
- 21.The price of a box of mangoes changed from ₹100 to ₹80. What is the percentage decrease?
- 22.A shopkeeper buys a mobile phone for ₹1400 and sells it for ₹1640. What is the profit (in ₹)?
- 23.A table bought for ₹1300 is sold for ₹1235. What is the loss per cent?
- 24.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 2 years (in ₹)?
- 25.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1400. What is the profit (in ₹)?
- 26.A sewing machine bought for ₹200 is sold for ₹170. What is the loss per cent?
- 27.What is 10% of 100?
- 28.What is the amount (principal + simple interest) on ₹3500 at 12% per year for 4 years (in ₹)?
- 29.A shopkeeper buys a watch for ₹350 and sells it for ₹80. What is the loss (in ₹)?
- 30.A shopkeeper buys a table for ₹1900 and sells it for ₹1770. What is the loss (in ₹)?
- 31.A sewing machine bought for ₹3200 is sold for ₹4000. What is the profit per cent?
- 32.What is the simple interest on ₹2600 at 3% per year for 2 years (in ₹)?
- 33.A shopkeeper buys a table for ₹1600 and sells it for ₹1750. What is the profit (in ₹)?
- 34.A shopkeeper buys a mobile phone for ₹1950 and sells it for ₹1940. What is the loss (in ₹)?
- 35.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?
- 36.What is 60% of 520?
- 37.A sewing machine costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 38.A cycle bought for ₹300 is sold for ₹150. What is the loss per cent?
- 39.The price of a school bag changed from ₹250 to ₹300. What is the percentage increase?
- 40.A fan costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 240
- 10976
- 12
- 15
- 600
- 15
- 8820
- 60
- 40
- 2904
- 738
- 15
- 140
- 50
- 8710
- 477
- 108
- 589
- 456
- 615
- 20
- 240
- 5
- 2484
- 150
- 15
- 10
- 5180
- 270
- 130
- 25
- 156
- 150
- 10
- 50
- 312
- 2100
- 50
- 20
- 3024
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