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 fan for ₹2950 and sells it for ₹2800. What is the loss (in ₹)?
- 2.A shopkeeper buys a fan for ₹2050 and sells it for ₹2180. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹4000 at 2% per year for 2 years (in ₹)?
- 4.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1850. What is the loss (in ₹)?
- 5.A table bought for ₹3600 is sold for ₹3780. What is the profit per cent?
- 6.A cricket kit costs ₹2200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 7.A table costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹3600 at 11% per year for 5 years (in ₹)?
- 9.The price of a cricket ball changed from ₹250 to ₹100. What is the percentage decrease?
- 10.What is the simple interest on ₹900 at 6% per year for 4 years (in ₹)?
- 11.A watch costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 12.The price of a bus pass changed from ₹40 to ₹30. What is the percentage decrease?
- 13.The price of a bus pass changed from ₹20 to ₹18. What is the percentage decrease?
- 14.The price of a box of mangoes changed from ₹50 to ₹30. What is the percentage decrease?
- 15.What is the amount (principal + simple interest) on ₹2400 at 5% per year for 3 years (in ₹)?
- 16.A shopkeeper buys a table for ₹2000 and sells it for ₹1880. What is the loss (in ₹)?
- 17.What is the simple interest on ₹2400 at 11% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a table for ₹250 and sells it for ₹390. What is the profit (in ₹)?
- 19.What is the simple interest on ₹7400 at 5% per year for 1 year (in ₹)?
- 20.A mobile phone bought for ₹3100 is sold for ₹2790. What is the loss per cent?
- 21.What is 60% of 780?
- 22.What is the simple interest on ₹9200 at 4% per year for 2 years (in ₹)?
- 23.The price of a water bottle changed from ₹500 to ₹875. What is the percentage increase?
- 24.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1940. What is the loss (in ₹)?
- 25.A shopkeeper buys a cooler for ₹250 and sells it for ₹190. What is the loss (in ₹)?
- 26.A cycle costs ₹3500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 27.What is 35% of 400?
- 28.What is the amount (principal + simple interest) on ₹2500 at 3% per year for 5 years (in ₹)?
- 29.What is the simple interest on ₹1900 at 12% per year for 4 years (in ₹)?
- 30.What is the simple interest on ₹5200 at 3% per year for 4 years (in ₹)?
- 31.What is the simple interest on ₹2800 at 4% per year for 1 year (in ₹)?
- 32.What is the simple interest on ₹8000 at 8% per year for 1 year (in ₹)?
- 33.A shopkeeper buys a cycle for ₹200 and sells it for ₹10. What is the loss (in ₹)?
- 34.A watch bought for ₹800 is sold for ₹720. What is the loss per cent?
- 35.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 5 years (in ₹)?
- 36.A cooler bought for ₹800 is sold for ₹720. What is the loss per cent?
- 37.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
- 38.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹590. What is the loss (in ₹)?
- 39.A cricket kit costs ₹3900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 40.A fan costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
Answer key
- 150
- 130
- 4160
- 50
- 5
- 2310
- 2660
- 5580
- 60
- 216
- 1320
- 25
- 10
- 40
- 2760
- 120
- 264
- 140
- 370
- 10
- 468
- 736
- 75
- 60
- 60
- 2800
- 140
- 2875
- 912
- 624
- 112
- 640
- 190
- 10
- 2040
- 10
- 30
- 60
- 1950
- 4050
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