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 ₹500 to ₹900. What is the percentage increase?
- 2.What is the simple interest on ₹4600 at 8% per year for 5 years (in ₹)?
- 3.What is the simple interest on ₹1200 at 3% per year for 1 year (in ₹)?
- 4.A cycle costs ₹1700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 5.What is 10% of 220?
- 6.What is the amount (principal + simple interest) on ₹8600 at 9% per year for 1 year (in ₹)?
- 7.A sewing machine costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹9500 at 12% per year for 4 years (in ₹)?
- 9.What is 60% of 100?
- 10.What is 30% of 460?
- 11.A shopkeeper buys a cooler for ₹2350 and sells it for ₹2380. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹8900 at 2% per year for 2 years (in ₹)?
- 13.A cycle bought for ₹2500 is sold for ₹3500. What is the profit per cent?
- 14.What is the simple interest on ₹8400 at 6% per year for 1 year (in ₹)?
- 15.What is the simple interest on ₹2500 at 10% per year for 2 years (in ₹)?
- 16.What is 15% of 60?
- 17.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1170. What is the loss (in ₹)?
- 18.What is 70% of 920?
- 19.What is the simple interest on ₹1800 at 6% per year for 5 years (in ₹)?
- 20.What is 5% of 260?
- 21.A watch costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a cycle for ₹650 and sells it for ₹910. What is the profit (in ₹)?
- 23.A shopkeeper buys a fan for ₹1400 and sells it for ₹1100. What is the loss (in ₹)?
- 24.A cycle bought for ₹3600 is sold for ₹4140. What is the profit per cent?
- 25.A mobile phone bought for ₹1500 is sold for ₹1650. What is the profit per cent?
- 26.A sewing machine bought for ₹800 is sold for ₹720. What is the loss per cent?
- 27.A fan bought for ₹2900 is sold for ₹3770. What is the profit per cent?
- 28.A cycle bought for ₹1400 is sold for ₹1610. What is the profit per cent?
- 29.A shopkeeper buys a table for ₹250 and sells it for ₹120. What is the loss (in ₹)?
- 30.A shopkeeper buys a fan for ₹2300 and sells it for ₹2560. What is the profit (in ₹)?
- 31.A table costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 32.A sewing machine bought for ₹1100 is sold for ₹1320. What is the profit per cent?
- 33.A cooler costs ₹3100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 34.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹70. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹4500 at 10% per year for 3 years (in ₹)?
- 36.The price of a cricket ball changed from ₹500 to ₹625. What is the percentage increase?
- 37.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 5 years (in ₹)?
- 38.What is 75% of 420?
- 39.What is 25% of 960?
- 40.A fan bought for ₹500 is sold for ₹300. What is the loss per cent?
Answer key
- 80
- 1840
- 36
- 850
- 22
- 9374
- 2090
- 4560
- 60
- 138
- 30
- 9256
- 40
- 504
- 500
- 9
- 130
- 644
- 540
- 13
- 1350
- 260
- 300
- 15
- 10
- 10
- 30
- 15
- 130
- 260
- 448
- 20
- 1550
- 130
- 5850
- 25
- 5075
- 315
- 240
- 40
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