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 cooler for ₹250 and sells it for ₹110. What is the loss (in ₹)?
- 2.What is the simple interest on ₹4800 at 4% per year for 2 years (in ₹)?
- 3.A shopkeeper buys a table for ₹550 and sells it for ₹370. What is the loss (in ₹)?
- 4.The price of a pair of shoes changed from ₹400 to ₹640. What is the percentage increase?
- 5.A shopkeeper buys a cooler for ₹1250 and sells it for ₹1550. What is the profit (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹9100 at 8% per year for 5 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 3 years (in ₹)?
- 8.The price of a pair of shoes changed from ₹400 to ₹160. What is the percentage decrease?
- 9.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
- 10.A cooler bought for ₹200 is sold for ₹150. What is the loss per cent?
- 11.What is the amount (principal + simple interest) on ₹3100 at 5% per year for 4 years (in ₹)?
- 12.A cooler bought for ₹1000 is sold for ₹500. What is the loss per cent?
- 13.A shopkeeper buys a watch for ₹1300 and sells it for ₹1340. What is the profit (in ₹)?
- 14.A sewing machine costs ₹3800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 15.What is 55% of 600?
- 16.What is 80% of 360?
- 17.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 5 years (in ₹)?
- 18.What is 30% of 460?
- 19.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2290. What is the profit (in ₹)?
- 20.A shopkeeper buys a watch for ₹1550 and sells it for ₹1580. What is the profit (in ₹)?
- 21.A table costs ₹1000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 22.A sewing machine bought for ₹3400 is sold for ₹4250. What is the profit per cent?
- 23.What is the simple interest on ₹4400 at 4% per year for 2 years (in ₹)?
- 24.A shopkeeper buys a cycle for ₹1550 and sells it for ₹1640. What is the profit (in ₹)?
- 25.A table costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹9300 at 5% per year for 2 years (in ₹)?
- 27.What is 60% of 580?
- 28.What is 90% of 160?
- 29.A shopkeeper buys a cooler for ₹2000 and sells it for ₹2030. What is the profit (in ₹)?
- 30.What is 20% of 760?
- 31.What is 65% of 760?
- 32.What is 85% of 260?
- 33.What is the simple interest on ₹600 at 7% per year for 3 years (in ₹)?
- 34.The price of a cricket ball changed from ₹100 to ₹101. What is the percentage increase?
- 35.What is 55% of 800?
- 36.The price of a pair of shoes changed from ₹250 to ₹255. What is the percentage increase?
- 37.What is 20% of 260?
- 38.What is the amount (principal + simple interest) on ₹7700 at 9% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹4200 at 5% per year for 5 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 5 years (in ₹)?
Answer key
- 140
- 384
- 180
- 60
- 300
- 12740
- 2926
- 60
- 90
- 25
- 3720
- 50
- 40
- 4750
- 330
- 288
- 8140
- 138
- 240
- 30
- 1250
- 25
- 352
- 90
- 2750
- 10230
- 348
- 144
- 30
- 152
- 494
- 221
- 126
- 1
- 440
- 2
- 52
- 9086
- 5250
- 2860
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