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 amount (principal + simple interest) on ₹5500 at 12% per year for 3 years (in ₹)?
- 2.The price of a pair of shoes changed from ₹50 to ₹90. What is the percentage increase?
- 3.What is the simple interest on ₹8300 at 7% per year for 5 years (in ₹)?
- 4.What is the simple interest on ₹2300 at 2% per year for 1 year (in ₹)?
- 5.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹290. What is the profit (in ₹)?
- 6.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
- 7.A cycle bought for ₹2600 is sold for ₹3120. What is the profit per cent?
- 8.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹230. What is the loss (in ₹)?
- 9.A fan costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 10.A table costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 11.A table costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 12.A cricket kit costs ₹700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹1900 at 4% per year for 1 year (in ₹)?
- 14.What is 60% of 200?
- 15.A shopkeeper buys a table for ₹1500 and sells it for ₹1620. What is the profit (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2610. What is the profit (in ₹)?
- 17.A shopkeeper buys a watch for ₹1300 and sells it for ₹1580. What is the profit (in ₹)?
- 18.A watch costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 19.The price of a bus pass changed from ₹80 to ₹16. What is the percentage decrease?
- 20.What is the simple interest on ₹2100 at 8% per year for 1 year (in ₹)?
- 21.A shopkeeper buys a cooler for ₹250 and sells it for ₹260. What is the profit (in ₹)?
- 22.What is 25% of 500?
- 23.A watch bought for ₹3000 is sold for ₹3360. What is the profit per cent?
- 24.A sewing machine bought for ₹3300 is sold for ₹4950. What is the profit per cent?
- 25.The price of a water bottle changed from ₹400 to ₹440. What is the percentage increase?
- 26.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 3 years (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹2400 at 3% per year for 5 years (in ₹)?
- 28.What is the simple interest on ₹8500 at 12% per year for 3 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹9100 at 9% per year for 1 year (in ₹)?
- 30.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1320. What is the loss (in ₹)?
- 31.What is the simple interest on ₹9300 at 2% per year for 1 year (in ₹)?
- 32.The price of a school bag changed from ₹100 to ₹160. What is the percentage increase?
- 33.A cycle bought for ₹900 is sold for ₹945. What is the profit per cent?
- 34.What is 85% of 240?
- 35.What is 40% of 140?
- 36.A shopkeeper buys a cricket kit for ₹1300 and sells it for ₹1590. What is the profit (in ₹)?
- 37.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
- 38.A shopkeeper buys a cricket kit for ₹2450 and sells it for ₹2550. What is the profit (in ₹)?
- 39.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1540. What is the profit (in ₹)?
- 40.A cycle bought for ₹3600 is sold for ₹2160. What is the loss per cent?
Answer key
- 7480
- 80
- 2905
- 46
- 90
- 30
- 20
- 170
- 765
- 210
- 1584
- 630
- 76
- 120
- 120
- 160
- 280
- 1820
- 80
- 168
- 10
- 125
- 12
- 50
- 10
- 9540
- 2760
- 3060
- 9919
- 80
- 186
- 60
- 5
- 204
- 56
- 290
- 10
- 100
- 90
- 40
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