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 cricket kit for ₹1600 and sells it for ₹1580. What is the loss (in ₹)?
- 2.What is the simple interest on ₹7700 at 9% per year for 1 year (in ₹)?
- 3.A shopkeeper buys a mobile phone for ₹900 and sells it for ₹940. What is the profit (in ₹)?
- 4.The price of a pair of shoes changed from ₹50 to ₹75. What is the percentage increase?
- 5.What is the simple interest on ₹9800 at 3% per year for 4 years (in ₹)?
- 6.A sewing machine costs ₹2700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 7.What is the simple interest on ₹3600 at 12% per year for 1 year (in ₹)?
- 8.A table costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 9.What is the simple interest on ₹2200 at 4% per year for 3 years (in ₹)?
- 10.A cycle costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 11.What is 95% of 900?
- 12.What is the simple interest on ₹3600 at 5% per year for 1 year (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹500 at 8% per year for 5 years (in ₹)?
- 14.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1150. What is the profit (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹3600 at 12% per year for 2 years (in ₹)?
- 16.What is the simple interest on ₹6500 at 6% per year for 4 years (in ₹)?
- 17.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
- 18.A cycle costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 19.A cricket kit costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 20.A fan bought for ₹200 is sold for ₹240. What is the profit per cent?
- 21.What is 10% of 160?
- 22.A fan bought for ₹2500 is sold for ₹1500. What is the loss per cent?
- 23.A watch costs ₹600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 24.The price of a water bottle changed from ₹500 to ₹625. What is the percentage increase?
- 25.What is 55% of 920?
- 26.A shopkeeper buys a cycle for ₹1150 and sells it for ₹1260. What is the profit (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 5 years (in ₹)?
- 28.A table costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.A watch bought for ₹3500 is sold for ₹3850. What is the profit per cent?
- 30.A mobile phone costs ₹1800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 31.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1610. What is the profit (in ₹)?
- 32.A watch bought for ₹1800 is sold for ₹2070. What is the profit per cent?
- 33.What is the simple interest on ₹2100 at 9% per year for 1 year (in ₹)?
- 34.What is 5% of 1000?
- 35.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
- 36.A watch costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 37.The price of a bus pass changed from ₹80 to ₹72. What is the percentage decrease?
- 38.What is the simple interest on ₹6100 at 9% per year for 3 years (in ₹)?
- 39.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹940. What is the profit (in ₹)?
- 40.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹110. What is the loss (in ₹)?
Answer key
- 20
- 693
- 40
- 50
- 1176
- 3240
- 432
- 2960
- 264
- 3150
- 855
- 180
- 700
- 50
- 4464
- 1560
- 60
- 2280
- 1375
- 20
- 16
- 40
- 450
- 25
- 506
- 110
- 4320
- 330
- 10
- 1890
- 210
- 15
- 189
- 50
- 20
- 1600
- 10
- 1647
- 290
- 90
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