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 mobile phone for ₹850 and sells it for ₹790. What is the loss (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹5900 at 10% per year for 5 years (in ₹)?
- 3.What is the simple interest on ₹4600 at 6% per year for 4 years (in ₹)?
- 4.A cycle bought for ₹2900 is sold for ₹2320. What is the loss per cent?
- 5.What is 35% of 680?
- 6.The price of a cricket ball changed from ₹20 to ₹25. What is the percentage increase?
- 7.A cooler costs ₹3600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 8.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2780. What is the loss (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹7700 at 5% per year for 4 years (in ₹)?
- 10.The price of a cricket ball changed from ₹400 to ₹392. What is the percentage decrease?
- 11.What is the simple interest on ₹9900 at 3% per year for 5 years (in ₹)?
- 12.A shopkeeper buys a cycle for ₹500 and sells it for ₹560. What is the profit (in ₹)?
- 13.A shopkeeper buys a fan for ₹1350 and sells it for ₹1440. What is the profit (in ₹)?
- 14.The price of a pair of shoes changed from ₹500 to ₹495. What is the percentage decrease?
- 15.What is the simple interest on ₹9500 at 11% per year for 5 years (in ₹)?
- 16.A fan bought for ₹2300 is sold for ₹2875. What is the profit per cent?
- 17.What is 90% of 800?
- 18.A shopkeeper buys a fan for ₹1700 and sells it for ₹1430. What is the loss (in ₹)?
- 19.What is the simple interest on ₹600 at 11% per year for 2 years (in ₹)?
- 20.A fan costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹6000 at 10% per year for 3 years (in ₹)?
- 22.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1630. What is the profit (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2600 at 11% per year for 4 years (in ₹)?
- 24.What is the simple interest on ₹600 at 6% per year for 1 year (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9600 at 3% per year for 3 years (in ₹)?
- 26.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1230. What is the profit (in ₹)?
- 27.What is 40% of 320?
- 28.What is 30% of 460?
- 29.The price of a water bottle changed from ₹80 to ₹152. What is the percentage increase?
- 30.What is the simple interest on ₹9100 at 8% per year for 4 years (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1880. What is the profit (in ₹)?
- 32.What is 65% of 120?
- 33.A shopkeeper buys a table for ₹550 and sells it for ₹370. What is the loss (in ₹)?
- 34.What is 30% of 800?
- 35.What is the amount (principal + simple interest) on ₹5300 at 8% per year for 5 years (in ₹)?
- 36.A table bought for ₹2400 is sold for ₹1920. What is the loss per cent?
- 37.A cycle bought for ₹3000 is sold for ₹4500. What is the profit per cent?
- 38.What is the simple interest on ₹4900 at 4% per year for 3 years (in ₹)?
- 39.The price of a bus pass changed from ₹80 to ₹128. What is the percentage increase?
- 40.A shopkeeper buys a fan for ₹2150 and sells it for ₹2070. What is the loss (in ₹)?
Answer key
- 60
- 8850
- 1104
- 20
- 238
- 25
- 3780
- 20
- 9240
- 2
- 1485
- 60
- 90
- 1
- 5225
- 25
- 720
- 270
- 132
- 1520
- 1800
- 80
- 3744
- 36
- 10464
- 230
- 128
- 138
- 90
- 2912
- 80
- 78
- 180
- 240
- 7420
- 20
- 50
- 588
- 60
- 80
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