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.What is the simple interest on ₹7100 at 3% per year for 5 years (in ₹)?
- 2.What is 5% of 520?
- 3.A sewing machine bought for ₹2200 is sold for ₹1980. What is the loss per cent?
- 4.A watch bought for ₹1000 is sold for ₹1100. What is the profit per cent?
- 5.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
- 6.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1590. What is the loss (in ₹)?
- 7.A shopkeeper buys a table for ₹1200 and sells it for ₹1070. What is the loss (in ₹)?
- 8.A cooler costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 9.A sewing machine costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 10.A fan costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 11.The price of a bus pass changed from ₹400 to ₹200. What is the percentage decrease?
- 12.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹920. What is the profit (in ₹)?
- 13.What is the simple interest on ₹7600 at 2% per year for 2 years (in ₹)?
- 14.A mobile phone costs ₹2900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 15.A mobile phone costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 16.A cricket kit bought for ₹300 is sold for ₹360. What is the profit per cent?
- 17.What is 95% of 880?
- 18.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 5 years (in ₹)?
- 19.A shopkeeper buys a fan for ₹2850 and sells it for ₹2770. What is the loss (in ₹)?
- 20.The price of a box of mangoes changed from ₹500 to ₹400. What is the percentage decrease?
- 21.What is 25% of 140?
- 22.A shopkeeper buys a cycle for ₹700 and sells it for ₹740. What is the profit (in ₹)?
- 23.A cricket kit bought for ₹3000 is sold for ₹3300. What is the profit per cent?
- 24.What is 30% of 220?
- 25.The price of a box of mangoes changed from ₹100 to ₹98. What is the percentage decrease?
- 26.A mobile phone bought for ₹2800 is sold for ₹1680. What is the loss per cent?
- 27.What is the amount (principal + simple interest) on ₹9500 at 12% per year for 5 years (in ₹)?
- 28.A table costs ₹2500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹5800 at 6% per year for 2 years (in ₹)?
- 30.A cricket kit bought for ₹1000 is sold for ₹1500. What is the profit per cent?
- 31.What is 65% of 420?
- 32.A mobile phone bought for ₹400 is sold for ₹500. What is the profit per cent?
- 33.A cooler bought for ₹400 is sold for ₹520. What is the profit per cent?
- 34.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
- 35.What is the simple interest on ₹5000 at 12% per year for 1 year (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3900 at 7% per year for 4 years (in ₹)?
- 37.What is 95% of 800?
- 38.The price of a school bag changed from ₹50 to ₹49. What is the percentage decrease?
- 39.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 5 years (in ₹)?
- 40.A shopkeeper buys a fan for ₹2650 and sells it for ₹2570. What is the loss (in ₹)?
Answer key
- 1065
- 26
- 10
- 10
- 40
- 260
- 130
- 3675
- 210
- 840
- 50
- 270
- 304
- 4060
- 4750
- 20
- 836
- 9600
- 80
- 20
- 35
- 40
- 10
- 66
- 2
- 40
- 15200
- 2200
- 696
- 50
- 273
- 25
- 30
- 30
- 600
- 4992
- 760
- 2
- 9085
- 80
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