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.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 2.What is the amount (principal + simple interest) on ₹6100 at 3% per year for 3 years (in ₹)?
- 3.What is the simple interest on ₹8400 at 10% per year for 2 years (in ₹)?
- 4.A cycle costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 5.A mobile phone costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹6800 at 6% per year for 1 year (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1890. What is the loss (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2590. What is the profit (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5300 at 5% per year for 3 years (in ₹)?
- 10.A cooler costs ₹900. It is sold at a 50% loss. What is the selling price (in ₹)?
- 11.What is 10% of 240?
- 12.What is 20% of 300?
- 13.The price of a water bottle changed from ₹500 to ₹550. What is the percentage increase?
- 14.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1100. What is the loss (in ₹)?
- 15.A cycle bought for ₹1200 is sold for ₹720. What is the loss per cent?
- 16.What is the amount (principal + simple interest) on ₹8800 at 3% per year for 1 year (in ₹)?
- 17.A fan bought for ₹1900 is sold for ₹2280. What is the profit per cent?
- 18.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2580. What is the loss (in ₹)?
- 19.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1770. What is the profit (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 3 years (in ₹)?
- 21.The price of a cricket ball changed from ₹200 to ₹202. What is the percentage increase?
- 22.What is the simple interest on ₹1800 at 12% per year for 1 year (in ₹)?
- 23.The price of a pair of shoes changed from ₹200 to ₹100. What is the percentage decrease?
- 24.What is the simple interest on ₹2800 at 10% per year for 2 years (in ₹)?
- 25.What is the simple interest on ₹9100 at 7% per year for 2 years (in ₹)?
- 26.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2570. What is the loss (in ₹)?
- 27.What is the simple interest on ₹8200 at 3% per year for 2 years (in ₹)?
- 28.What is the simple interest on ₹8300 at 7% per year for 2 years (in ₹)?
- 29.A shopkeeper buys a cycle for ₹800 and sells it for ₹640. What is the loss (in ₹)?
- 30.A fan bought for ₹1600 is sold for ₹2400. What is the profit per cent?
- 31.A shopkeeper buys a watch for ₹1600 and sells it for ₹1620. What is the profit (in ₹)?
- 32.A cycle costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a table for ₹1050 and sells it for ₹1280. What is the profit (in ₹)?
- 34.What is the simple interest on ₹800 at 3% per year for 3 years (in ₹)?
- 35.A mobile phone costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹2500 at 4% per year for 4 years (in ₹)?
- 37.A cooler costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 38.What is 10% of 220?
- 39.What is the simple interest on ₹2300 at 4% per year for 3 years (in ₹)?
- 40.What is 80% of 840?
Answer key
- 40
- 6649
- 1680
- 875
- 900
- 7208
- 110
- 90
- 6095
- 450
- 24
- 60
- 10
- 150
- 40
- 9064
- 20
- 170
- 220
- 9620
- 1
- 216
- 50
- 560
- 1274
- 30
- 492
- 1162
- 160
- 50
- 20
- 3250
- 230
- 72
- 380
- 2900
- 2420
- 22
- 276
- 672
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