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 ₹1800 at 2% per year for 1 year (in ₹)?
- 2.A mobile phone bought for ₹1900 is sold for ₹2185. What is the profit per cent?
- 3.What is 55% of 200?
- 4.What is 55% of 440?
- 5.A shopkeeper buys a watch for ₹700 and sells it for ₹810. What is the profit (in ₹)?
- 6.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
- 7.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1650. What is the profit (in ₹)?
- 8.What is the simple interest on ₹8200 at 10% per year for 4 years (in ₹)?
- 9.The price of a box of mangoes changed from ₹250 to ₹275. What is the percentage increase?
- 10.A shopkeeper buys a fan for ₹800 and sells it for ₹600. What is the loss (in ₹)?
- 11.A cricket kit costs ₹3700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 12.What is 10% of 300?
- 13.What is the simple interest on ₹2100 at 6% per year for 5 years (in ₹)?
- 14.A table costs ₹3000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 15.What is 25% of 260?
- 16.A shopkeeper buys a table for ₹900 and sells it for ₹890. What is the loss (in ₹)?
- 17.What is the simple interest on ₹2100 at 8% per year for 4 years (in ₹)?
- 18.A table bought for ₹200 is sold for ₹140. What is the loss per cent?
- 19.A watch costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 20.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1330. What is the loss (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹640. What is the profit (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹4200 at 5% per year for 4 years (in ₹)?
- 23.A cycle costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 24.A sewing machine costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹1000 at 8% per year for 5 years (in ₹)?
- 26.A cooler bought for ₹900 is sold for ₹990. What is the profit per cent?
- 27.What is 85% of 700?
- 28.A cooler bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 29.What is the amount (principal + simple interest) on ₹1100 at 11% per year for 1 year (in ₹)?
- 30.The price of a school bag changed from ₹200 to ₹190. What is the percentage decrease?
- 31.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
- 32.A shopkeeper buys a watch for ₹1000 and sells it for ₹850. What is the loss (in ₹)?
- 33.A shopkeeper buys a fan for ₹1350 and sells it for ₹1510. What is the profit (in ₹)?
- 34.The price of a school bag changed from ₹500 to ₹475. What is the percentage decrease?
- 35.A shopkeeper buys a watch for ₹300 and sells it for ₹150. What is the loss (in ₹)?
- 36.A shopkeeper buys a table for ₹2000 and sells it for ₹1860. What is the loss (in ₹)?
- 37.What is the simple interest on ₹6300 at 7% per year for 1 year (in ₹)?
- 38.The price of a water bottle changed from ₹50 to ₹30. What is the percentage decrease?
- 39.What is the amount (principal + simple interest) on ₹6600 at 9% per year for 2 years (in ₹)?
- 40.The price of a box of mangoes changed from ₹250 to ₹350. What is the percentage increase?
Answer key
- 36
- 15
- 110
- 242
- 110
- 10
- 300
- 3280
- 10
- 200
- 5180
- 30
- 630
- 3300
- 65
- 10
- 672
- 30
- 3000
- 20
- 290
- 5040
- 1584
- 2000
- 400
- 10
- 595
- 25
- 1221
- 5
- 30
- 150
- 160
- 5
- 150
- 140
- 441
- 40
- 7788
- 40
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