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 ₹7000 at 3% per year for 5 years (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1170. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹6500 at 2% per year for 4 years (in ₹)?
- 4.A cooler costs ₹800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 5.The price of a box of mangoes changed from ₹500 to ₹700. What is the percentage increase?
- 6.A fan bought for ₹2800 is sold for ₹1680. What is the loss per cent?
- 7.The price of a cricket ball changed from ₹50 to ₹80. What is the percentage increase?
- 8.What is the amount (principal + simple interest) on ₹7500 at 9% per year for 2 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹7900 at 2% per year for 4 years (in ₹)?
- 10.What is 25% of 420?
- 11.The price of a school bag changed from ₹20 to ₹8. What is the percentage decrease?
- 12.What is the simple interest on ₹1900 at 6% per year for 2 years (in ₹)?
- 13.A mobile phone costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹4200 at 2% per year for 4 years (in ₹)?
- 15.What is 25% of 840?
- 16.The price of a bus pass changed from ₹40 to ₹32. What is the percentage decrease?
- 17.A shopkeeper buys a fan for ₹900 and sells it for ₹830. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 2 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 5 years (in ₹)?
- 20.What is the simple interest on ₹4900 at 11% per year for 5 years (in ₹)?
- 21.A cricket kit bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 22.What is 25% of 140?
- 23.The price of a school bag changed from ₹40 to ₹50. What is the percentage increase?
- 24.The price of a bus pass changed from ₹500 to ₹750. What is the percentage increase?
- 25.What is the amount (principal + simple interest) on ₹1000 at 8% per year for 2 years (in ₹)?
- 26.A cycle bought for ₹1200 is sold for ₹1260. What is the profit per cent?
- 27.A mobile phone bought for ₹600 is sold for ₹540. What is the loss per cent?
- 28.A watch bought for ₹2400 is sold for ₹1920. What is the loss per cent?
- 29.What is the simple interest on ₹6200 at 4% per year for 4 years (in ₹)?
- 30.A fan bought for ₹600 is sold for ₹528. What is the loss per cent?
- 31.A fan costs ₹2400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 32.A cricket kit costs ₹2900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹2500 at 7% per year for 4 years (in ₹)?
- 34.A shopkeeper buys a cycle for ₹750 and sells it for ₹600. What is the loss (in ₹)?
- 35.What is the simple interest on ₹1400 at 10% per year for 2 years (in ₹)?
- 36.A shopkeeper buys a watch for ₹400 and sells it for ₹260. What is the loss (in ₹)?
- 37.What is the simple interest on ₹8500 at 8% per year for 2 years (in ₹)?
- 38.What is 70% of 320?
- 39.A watch costs ₹900. It is sold at a 40% loss. What is the selling price (in ₹)?
- 40.A mobile phone costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
Answer key
- 8050
- 70
- 7020
- 760
- 40
- 40
- 60
- 8850
- 8532
- 105
- 60
- 228
- 390
- 4536
- 210
- 20
- 70
- 2970
- 3410
- 2695
- 25
- 35
- 25
- 50
- 1160
- 5
- 10
- 20
- 992
- 12
- 1800
- 1450
- 700
- 150
- 280
- 140
- 1360
- 224
- 540
- 4290
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