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 cricket kit for ₹3000 and sells it for ₹3040. What is the profit (in ₹)?
- 2.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1210. What is the profit (in ₹)?
- 3.What is the simple interest on ₹9800 at 7% per year for 4 years (in ₹)?
- 4.A shopkeeper buys a watch for ₹2200 and sells it for ₹2280. What is the profit (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹7800 at 12% per year for 4 years (in ₹)?
- 6.What is the simple interest on ₹5100 at 3% per year for 3 years (in ₹)?
- 7.A cycle bought for ₹2900 is sold for ₹3625. What is the profit per cent?
- 8.What is the simple interest on ₹4300 at 2% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a watch for ₹650 and sells it for ₹590. What is the loss (in ₹)?
- 10.A shopkeeper buys a cycle for ₹500 and sells it for ₹660. What is the profit (in ₹)?
- 11.A cricket kit bought for ₹3200 is sold for ₹2560. What is the loss per cent?
- 12.What is the amount (principal + simple interest) on ₹2000 at 6% per year for 4 years (in ₹)?
- 13.A table costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 14.A cooler costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 15.What is 20% of 320?
- 16.What is the simple interest on ₹2000 at 12% per year for 4 years (in ₹)?
- 17.A sewing machine costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹5500 at 11% per year for 2 years (in ₹)?
- 19.A shopkeeper buys a cycle for ₹650 and sells it for ₹400. What is the loss (in ₹)?
- 20.What is 40% of 760?
- 21.A cycle costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 22.The price of a box of mangoes changed from ₹20 to ₹30. What is the percentage increase?
- 23.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1180. What is the loss (in ₹)?
- 24.What is the simple interest on ₹8100 at 7% per year for 3 years (in ₹)?
- 25.What is 95% of 320?
- 26.What is 10% of 560?
- 27.What is 55% of 300?
- 28.A table costs ₹1800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹9600 at 3% per year for 1 year (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹2600 at 3% per year for 5 years (in ₹)?
- 31.What is 70% of 340?
- 32.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 4 years (in ₹)?
- 33.The price of a school bag changed from ₹400 to ₹392. What is the percentage decrease?
- 34.A cooler bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 35.The price of a water bottle changed from ₹80 to ₹104. What is the percentage increase?
- 36.What is the simple interest on ₹8000 at 10% per year for 5 years (in ₹)?
- 37.What is 30% of 420?
- 38.What is 20% of 200?
- 39.What is the simple interest on ₹9800 at 2% per year for 2 years (in ₹)?
- 40.The price of a bus pass changed from ₹40 to ₹50. What is the percentage increase?
Answer key
- 40
- 110
- 2744
- 80
- 11544
- 459
- 25
- 258
- 60
- 160
- 20
- 2480
- 4144
- 1950
- 64
- 960
- 760
- 1210
- 250
- 304
- 1840
- 50
- 70
- 1701
- 304
- 56
- 165
- 1980
- 288
- 2990
- 238
- 2160
- 2
- 25
- 30
- 4000
- 126
- 40
- 392
- 25
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