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 watch for ₹1400 and sells it for ₹1160. What is the loss (in ₹)?
- 2.What is 70% of 220?
- 3.A fan bought for ₹2500 is sold for ₹1750. What is the loss per cent?
- 4.What is the amount (principal + simple interest) on ₹4800 at 7% per year for 2 years (in ₹)?
- 5.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2350. What is the loss (in ₹)?
- 6.A fan bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 7.What is 55% of 820?
- 8.What is the amount (principal + simple interest) on ₹7600 at 5% per year for 1 year (in ₹)?
- 9.A sewing machine costs ₹1700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 10.A cricket kit costs ₹2700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 11.A cricket kit costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 12.What is 75% of 160?
- 13.What is the amount (principal + simple interest) on ₹4400 at 12% per year for 4 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹500 at 7% per year for 1 year (in ₹)?
- 15.What is 90% of 700?
- 16.What is the amount (principal + simple interest) on ₹4300 at 8% per year for 4 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹700 at 9% per year for 4 years (in ₹)?
- 18.What is 65% of 480?
- 19.What is 40% of 620?
- 20.A cycle bought for ₹300 is sold for ₹180. What is the loss per cent?
- 21.What is the amount (principal + simple interest) on ₹9500 at 11% per year for 5 years (in ₹)?
- 22.A sewing machine bought for ₹2300 is sold for ₹1840. What is the loss per cent?
- 23.What is 25% of 640?
- 24.The price of a water bottle changed from ₹400 to ₹480. What is the percentage increase?
- 25.What is the amount (principal + simple interest) on ₹4000 at 4% per year for 1 year (in ₹)?
- 26.What is 65% of 660?
- 27.What is 5% of 780?
- 28.What is the amount (principal + simple interest) on ₹9200 at 6% per year for 2 years (in ₹)?
- 29.A sewing machine bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 30.A sewing machine bought for ₹700 is sold for ₹840. What is the profit per cent?
- 31.What is the amount (principal + simple interest) on ₹6200 at 5% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1140. What is the profit (in ₹)?
- 33.A fan bought for ₹400 is sold for ₹440. What is the profit per cent?
- 34.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹250. What is the profit (in ₹)?
- 35.A shopkeeper buys a watch for ₹750 and sells it for ₹810. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 1 year (in ₹)?
- 37.A cycle bought for ₹3900 is sold for ₹1950. What is the loss per cent?
- 38.What is 25% of 680?
- 39.What is 30% of 840?
- 40.What is the simple interest on ₹4700 at 6% per year for 4 years (in ₹)?
Answer key
- 240
- 154
- 30
- 5472
- 200
- 5
- 451
- 7980
- 2125
- 2295
- 3190
- 120
- 6512
- 535
- 630
- 5676
- 952
- 312
- 248
- 40
- 14725
- 20
- 160
- 20
- 4160
- 429
- 39
- 10304
- 5
- 20
- 6820
- 140
- 10
- 50
- 60
- 10379
- 50
- 170
- 252
- 1128
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