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 cricket kit costs ₹1300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 2.What is the simple interest on ₹4700 at 9% per year for 4 years (in ₹)?
- 3.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹650. What is the profit (in ₹)?
- 4.What is 75% of 480?
- 5.What is the amount (principal + simple interest) on ₹5900 at 12% per year for 3 years (in ₹)?
- 6.A cricket kit bought for ₹1200 is sold for ₹1560. What is the profit per cent?
- 7.A sewing machine bought for ₹1300 is sold for ₹1820. What is the profit per cent?
- 8.A shopkeeper buys a watch for ₹350 and sells it for ₹330. What is the loss (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹6300 at 3% per year for 1 year (in ₹)?
- 10.A fan costs ₹800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 11.What is the simple interest on ₹3900 at 11% per year for 2 years (in ₹)?
- 12.What is the simple interest on ₹2300 at 4% per year for 5 years (in ₹)?
- 13.The price of a school bag changed from ₹25 to ₹5. What is the percentage decrease?
- 14.A table bought for ₹1800 is sold for ₹2340. What is the profit per cent?
- 15.The price of a bus pass changed from ₹80 to ₹84. What is the percentage increase?
- 16.What is 60% of 900?
- 17.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹900. What is the profit (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹5700 at 12% per year for 4 years (in ₹)?
- 19.A cooler costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 20.A shopkeeper buys a table for ₹2700 and sells it for ₹2820. What is the profit (in ₹)?
- 21.A cycle bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 22.A shopkeeper buys a cycle for ₹550 and sells it for ₹280. What is the loss (in ₹)?
- 23.The price of a bus pass changed from ₹100 to ₹180. What is the percentage increase?
- 24.A sewing machine costs ₹1200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 2 years (in ₹)?
- 26.A fan bought for ₹3100 is sold for ₹3255. What is the profit per cent?
- 27.What is 75% of 300?
- 28.A shopkeeper buys a sewing machine for ₹2700 and sells it for ₹2940. What is the profit (in ₹)?
- 29.What is 45% of 760?
- 30.What is the amount (principal + simple interest) on ₹4400 at 6% per year for 1 year (in ₹)?
- 31.What is 45% of 540?
- 32.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 5 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹4800 at 8% per year for 2 years (in ₹)?
- 34.A cricket kit bought for ₹3900 is sold for ₹4485. What is the profit per cent?
- 35.A watch costs ₹2900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 36.What is 40% of 680?
- 37.What is the simple interest on ₹3100 at 7% per year for 1 year (in ₹)?
- 38.A cycle bought for ₹3300 is sold for ₹2904. What is the loss per cent?
- 39.A mobile phone costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 40.A cricket kit costs ₹3300. It is sold at a 10% profit. What is the selling price (in ₹)?
Answer key
- 1495
- 1692
- 50
- 360
- 8024
- 30
- 40
- 20
- 6489
- 560
- 858
- 460
- 80
- 30
- 5
- 540
- 300
- 8436
- 1710
- 120
- 20
- 270
- 80
- 1020
- 9612
- 5
- 225
- 240
- 342
- 4664
- 243
- 11745
- 5568
- 15
- 2465
- 272
- 217
- 12
- 1050
- 3630
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