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 simple interest on ₹9100 at 4% per year for 5 years (in ₹)?
- 2.A cycle costs ₹2900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 3.A mobile phone costs ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 4.A shopkeeper buys a watch for ₹2750 and sells it for ₹2700. What is the loss (in ₹)?
- 5.What is the simple interest on ₹7800 at 2% per year for 3 years (in ₹)?
- 6.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹940. What is the profit (in ₹)?
- 7.What is the simple interest on ₹2900 at 7% per year for 5 years (in ₹)?
- 8.A sewing machine costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 9.What is the simple interest on ₹7300 at 2% per year for 1 year (in ₹)?
- 10.What is 45% of 620?
- 11.The price of a school bag changed from ₹200 to ₹240. What is the percentage increase?
- 12.A shopkeeper buys a cycle for ₹900 and sells it for ₹1080. What is the profit (in ₹)?
- 13.What is 30% of 160?
- 14.What is the simple interest on ₹4000 at 3% per year for 5 years (in ₹)?
- 15.What is the simple interest on ₹7200 at 2% per year for 5 years (in ₹)?
- 16.A table costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 17.A cycle costs ₹2100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 18.What is 80% of 760?
- 19.A shopkeeper buys a fan for ₹2100 and sells it for ₹2240. What is the profit (in ₹)?
- 20.The price of a bus pass changed from ₹100 to ₹80. What is the percentage decrease?
- 21.What is the simple interest on ₹8200 at 9% per year for 5 years (in ₹)?
- 22.What is the simple interest on ₹5300 at 9% per year for 4 years (in ₹)?
- 23.A cricket kit costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a cycle for ₹850 and sells it for ₹760. What is the loss (in ₹)?
- 25.The price of a water bottle changed from ₹500 to ₹510. What is the percentage increase?
- 26.A cycle costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 27.What is 60% of 80?
- 28.A cycle bought for ₹2300 is sold for ₹1725. What is the loss per cent?
- 29.What is the simple interest on ₹1800 at 6% per year for 3 years (in ₹)?
- 30.A shopkeeper buys a sewing machine for ₹2250 and sells it for ₹2240. What is the loss (in ₹)?
- 31.A shopkeeper buys a watch for ₹300 and sells it for ₹220. What is the loss (in ₹)?
- 32.A cooler bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 33.The price of a water bottle changed from ₹40 to ₹24. What is the percentage decrease?
- 34.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1710. What is the profit (in ₹)?
- 35.A table bought for ₹1700 is sold for ₹2125. What is the profit per cent?
- 36.What is the simple interest on ₹9300 at 6% per year for 3 years (in ₹)?
- 37.The price of a water bottle changed from ₹100 to ₹125. What is the percentage increase?
- 38.A shopkeeper buys a fan for ₹850 and sells it for ₹980. What is the profit (in ₹)?
- 39.A sewing machine costs ₹1700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 40.A cycle bought for ₹2800 is sold for ₹3640. What is the profit per cent?
Answer key
- 1820
- 3770
- 2880
- 50
- 468
- 90
- 1015
- 1190
- 146
- 279
- 20
- 180
- 48
- 600
- 720
- 3230
- 2520
- 608
- 140
- 20
- 3690
- 1908
- 3300
- 90
- 2
- 480
- 48
- 25
- 324
- 10
- 80
- 5
- 40
- 160
- 25
- 1674
- 25
- 130
- 1445
- 30
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