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 cricket kit costs ₹900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 2.What is 20% of 760?
- 3.What is 85% of 520?
- 4.What is 70% of 820?
- 5.What is the amount (principal + simple interest) on ₹7900 at 4% per year for 4 years (in ₹)?
- 6.A mobile phone costs ₹2400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 7.A mobile phone costs ₹2900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 8.What is 15% of 440?
- 9.What is 20% of 700?
- 10.What is the simple interest on ₹9900 at 2% per year for 5 years (in ₹)?
- 11.A shopkeeper buys a table for ₹450 and sells it for ₹600. What is the profit (in ₹)?
- 12.The price of a box of mangoes changed from ₹20 to ₹2. What is the percentage decrease?
- 13.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 2 years (in ₹)?
- 15.What is the simple interest on ₹6800 at 9% per year for 2 years (in ₹)?
- 16.What is 40% of 820?
- 17.What is 30% of 700?
- 18.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2980. What is the profit (in ₹)?
- 19.What is the simple interest on ₹3900 at 2% per year for 1 year (in ₹)?
- 20.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2530. What is the loss (in ₹)?
- 21.What is 80% of 440?
- 22.What is the simple interest on ₹2000 at 9% per year for 4 years (in ₹)?
- 23.What is 95% of 980?
- 24.What is 25% of 500?
- 25.A table bought for ₹1100 is sold for ₹1650. What is the profit per cent?
- 26.What is the amount (principal + simple interest) on ₹7400 at 6% per year for 5 years (in ₹)?
- 27.A mobile phone costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 28.What is 65% of 480?
- 29.A shopkeeper buys a table for ₹2500 and sells it for ₹2620. What is the profit (in ₹)?
- 30.A table bought for ₹1300 is sold for ₹1430. What is the profit per cent?
- 31.The price of a school bag changed from ₹80 to ₹88. What is the percentage increase?
- 32.A shopkeeper buys a table for ₹1300 and sells it for ₹1590. What is the profit (in ₹)?
- 33.A cricket kit bought for ₹2900 is sold for ₹3248. What is the profit per cent?
- 34.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹860. What is the loss (in ₹)?
- 35.A cricket kit costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 36.The price of a pair of shoes changed from ₹50 to ₹20. What is the percentage decrease?
- 37.What is the amount (principal + simple interest) on ₹9800 at 8% per year for 5 years (in ₹)?
- 38.A cricket kit bought for ₹3700 is sold for ₹2590. What is the loss per cent?
- 39.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 2 years (in ₹)?
- 40.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1230. What is the profit (in ₹)?
Answer key
- 1008
- 152
- 442
- 574
- 9164
- 2688
- 2755
- 66
- 140
- 990
- 150
- 90
- 40
- 3888
- 1224
- 328
- 210
- 180
- 78
- 220
- 352
- 720
- 931
- 125
- 50
- 9620
- 375
- 312
- 120
- 10
- 10
- 290
- 12
- 40
- 3190
- 60
- 13720
- 30
- 9010
- 280
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