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 table costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹3800 at 5% per year for 1 year (in ₹)?
- 3.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹1900. What is the loss (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹3800 at 4% per year for 2 years (in ₹)?
- 5.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2970. What is the profit (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹9000 at 10% per year for 2 years (in ₹)?
- 7.What is 75% of 440?
- 8.A cycle costs ₹3100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 9.A shopkeeper buys a table for ₹1750 and sells it for ₹1980. What is the profit (in ₹)?
- 10.A shopkeeper buys a cycle for ₹300 and sells it for ₹250. What is the loss (in ₹)?
- 11.What is 40% of 360?
- 12.What is the simple interest on ₹1300 at 6% per year for 4 years (in ₹)?
- 13.The price of a pair of shoes changed from ₹250 to ₹100. What is the percentage decrease?
- 14.What is the simple interest on ₹1900 at 4% per year for 2 years (in ₹)?
- 15.The price of a school bag changed from ₹100 to ₹160. What is the percentage increase?
- 16.The price of a school bag changed from ₹200 to ₹20. What is the percentage decrease?
- 17.The price of a bus pass changed from ₹100 to ₹40. What is the percentage decrease?
- 18.What is 80% of 440?
- 19.A fan bought for ₹1900 is sold for ₹1672. What is the loss per cent?
- 20.What is the amount (principal + simple interest) on ₹5600 at 4% per year for 2 years (in ₹)?
- 21.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2430. What is the profit (in ₹)?
- 22.A shopkeeper buys a fan for ₹350 and sells it for ₹180. What is the loss (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹4200 at 9% per year for 2 years (in ₹)?
- 24.What is the simple interest on ₹7100 at 7% per year for 5 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹3600 at 8% per year for 5 years (in ₹)?
- 26.The price of a box of mangoes changed from ₹400 to ₹320. What is the percentage decrease?
- 27.A fan costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 28.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
- 29.A table costs ₹700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 30.A shopkeeper buys a cricket kit for ₹250 and sells it for ₹310. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹8800 at 10% per year for 1 year (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 2 years (in ₹)?
- 33.The price of a water bottle changed from ₹500 to ₹300. What is the percentage decrease?
- 34.A cooler costs ₹1700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹2200 at 9% per year for 1 year (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 1 year (in ₹)?
- 37.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 38.A mobile phone bought for ₹3800 is sold for ₹4940. What is the profit per cent?
- 39.A cycle bought for ₹500 is sold for ₹750. What is the profit per cent?
- 40.What is the simple interest on ₹6300 at 5% per year for 5 years (in ₹)?
Answer key
- 2660
- 3990
- 200
- 4104
- 170
- 10800
- 330
- 1550
- 230
- 50
- 144
- 312
- 60
- 152
- 60
- 90
- 60
- 352
- 12
- 6048
- 280
- 170
- 4956
- 2485
- 5040
- 20
- 1056
- 80
- 910
- 60
- 9680
- 6270
- 40
- 1785
- 198
- 3456
- 20
- 30
- 50
- 1575
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