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 70% of 640?
- 2.What is 95% of 580?
- 3.What is 95% of 700?
- 4.What is the simple interest on ₹8900 at 11% per year for 2 years (in ₹)?
- 5.A fan bought for ₹2100 is sold for ₹2415. What is the profit per cent?
- 6.A table bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 7.A watch bought for ₹2500 is sold for ₹1750. What is the loss per cent?
- 8.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹890. What is the profit (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹700 at 6% per year for 1 year (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹500 at 12% per year for 5 years (in ₹)?
- 11.What is the simple interest on ₹1100 at 5% per year for 2 years (in ₹)?
- 12.The price of a box of mangoes changed from ₹20 to ₹32. What is the percentage increase?
- 13.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2030. What is the loss (in ₹)?
- 14.The price of a water bottle changed from ₹40 to ₹44. What is the percentage increase?
- 15.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹2880. What is the loss (in ₹)?
- 16.What is 35% of 840?
- 17.What is 20% of 300?
- 18.What is the amount (principal + simple interest) on ₹3400 at 3% per year for 1 year (in ₹)?
- 19.What is the simple interest on ₹6800 at 3% per year for 1 year (in ₹)?
- 20.A cycle bought for ₹1100 is sold for ₹1210. What is the profit per cent?
- 21.A sewing machine bought for ₹2800 is sold for ₹2520. What is the loss per cent?
- 22.What is the simple interest on ₹1500 at 4% per year for 5 years (in ₹)?
- 23.A fan costs ₹2800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 24.A fan bought for ₹2700 is sold for ₹2835. What is the profit per cent?
- 25.A fan bought for ₹1300 is sold for ₹1950. What is the profit per cent?
- 26.A fan bought for ₹400 is sold for ₹320. What is the loss per cent?
- 27.What is 10% of 460?
- 28.A shopkeeper buys a cycle for ₹250 and sells it for ₹100. What is the loss (in ₹)?
- 29.A shopkeeper buys a table for ₹3000 and sells it for ₹2920. What is the loss (in ₹)?
- 30.What is 70% of 820?
- 31.What is the simple interest on ₹6500 at 5% per year for 3 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹9600 at 4% per year for 2 years (in ₹)?
- 33.What is 30% of 760?
- 34.The price of a pair of shoes changed from ₹400 to ₹560. What is the percentage increase?
- 35.A cooler costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 36.A shopkeeper buys a fan for ₹1950 and sells it for ₹2020. What is the profit (in ₹)?
- 37.What is 15% of 320?
- 38.A shopkeeper buys a cooler for ₹950 and sells it for ₹840. What is the loss (in ₹)?
- 39.The price of a pair of shoes changed from ₹500 to ₹375. What is the percentage decrease?
- 40.A sewing machine costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
Answer key
- 448
- 551
- 665
- 1958
- 15
- 12
- 30
- 90
- 742
- 800
- 110
- 60
- 120
- 10
- 70
- 294
- 60
- 3502
- 204
- 10
- 10
- 300
- 3136
- 5
- 50
- 20
- 46
- 150
- 80
- 574
- 975
- 10368
- 228
- 40
- 320
- 70
- 48
- 110
- 25
- 1750
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