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 sewing machine for ₹2100 and sells it for ₹2380. What is the profit (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹4200 at 7% per year for 1 year (in ₹)?
- 3.What is the simple interest on ₹2500 at 3% per year for 2 years (in ₹)?
- 4.What is the simple interest on ₹2600 at 11% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹6100 at 7% per year for 4 years (in ₹)?
- 6.A fan bought for ₹1500 is sold for ₹1950. What is the profit per cent?
- 7.A shopkeeper buys a fan for ₹1400 and sells it for ₹1260. What is the loss (in ₹)?
- 8.What is the simple interest on ₹3200 at 7% per year for 4 years (in ₹)?
- 9.A shopkeeper buys a cooler for ₹300 and sells it for ₹520. What is the profit (in ₹)?
- 10.A table costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹10000 at 8% per year for 1 year (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1670. What is the profit (in ₹)?
- 13.What is the simple interest on ₹1100 at 9% per year for 5 years (in ₹)?
- 14.What is 10% of 680?
- 15.A watch bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 16.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1030. What is the loss (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹3300 at 7% per year for 3 years (in ₹)?
- 18.What is 75% of 420?
- 19.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹150. What is the loss (in ₹)?
- 20.A shopkeeper buys a fan for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2450. What is the profit (in ₹)?
- 22.A mobile phone costs ₹1500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 23.The price of a bus pass changed from ₹200 to ₹202. What is the percentage increase?
- 24.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 25.A mobile phone costs ₹1400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹6800 at 3% per year for 5 years (in ₹)?
- 27.What is 40% of 200?
- 28.What is 90% of 100?
- 29.A shopkeeper buys a table for ₹1100 and sells it for ₹910. What is the loss (in ₹)?
- 30.What is 95% of 640?
- 31.A shopkeeper buys a watch for ₹400 and sells it for ₹290. What is the loss (in ₹)?
- 32.A mobile phone costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹1700 at 12% per year for 3 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹7500 at 11% per year for 5 years (in ₹)?
- 35.What is 65% of 960?
- 36.A cooler costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 37.What is 20% of 960?
- 38.A cricket kit costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 39.What is 20% of 100?
- 40.A cricket kit costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
Answer key
- 280
- 4494
- 150
- 1430
- 1708
- 30
- 140
- 896
- 220
- 2750
- 10800
- 70
- 495
- 68
- 5
- 70
- 3993
- 315
- 50
- 210
- 150
- 1875
- 1
- 40
- 840
- 1020
- 80
- 90
- 190
- 608
- 110
- 440
- 612
- 11625
- 624
- 345
- 192
- 3230
- 20
- 4030
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