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 mobile phone costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 5 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹5100 at 6% per year for 2 years (in ₹)?
- 4.A shopkeeper buys a fan for ₹1650 and sells it for ₹1590. What is the loss (in ₹)?
- 5.A watch bought for ₹3700 is sold for ₹5550. What is the profit per cent?
- 6.A shopkeeper buys a cycle for ₹600 and sells it for ₹340. What is the loss (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2290. What is the profit (in ₹)?
- 8.What is 15% of 840?
- 9.A sewing machine costs ₹2400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cooler for ₹300 and sells it for ₹460. What is the profit (in ₹)?
- 11.A sewing machine bought for ₹3100 is sold for ₹3472. What is the profit per cent?
- 12.What is 5% of 920?
- 13.What is 5% of 100?
- 14.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 15.A fan bought for ₹500 is sold for ₹625. What is the profit per cent?
- 16.What is the simple interest on ₹6000 at 6% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2010. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹2200 at 12% per year for 2 years (in ₹)?
- 19.What is the simple interest on ₹1000 at 3% per year for 1 year (in ₹)?
- 20.The price of a school bag changed from ₹40 to ₹28. What is the percentage decrease?
- 21.What is the simple interest on ₹5300 at 8% per year for 3 years (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1680. What is the profit (in ₹)?
- 23.A sewing machine bought for ₹700 is sold for ₹350. What is the loss per cent?
- 24.A table bought for ₹1100 is sold for ₹935. What is the loss per cent?
- 25.A cycle costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 26.A sewing machine bought for ₹300 is sold for ₹210. What is the loss per cent?
- 27.A fan bought for ₹3400 is sold for ₹4080. What is the profit per cent?
- 28.A mobile phone bought for ₹1000 is sold for ₹1250. What is the profit per cent?
- 29.What is 15% of 800?
- 30.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹3200. What is the profit (in ₹)?
- 31.A shopkeeper buys a cooler for ₹300 and sells it for ₹290. What is the loss (in ₹)?
- 32.A shopkeeper buys a table for ₹1350 and sells it for ₹1160. What is the loss (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹3900 at 3% per year for 2 years (in ₹)?
- 34.A cooler costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 35.What is 5% of 340?
- 36.The price of a school bag changed from ₹40 to ₹48. What is the percentage increase?
- 37.A shopkeeper buys a fan for ₹450 and sells it for ₹460. What is the profit (in ₹)?
- 38.What is the simple interest on ₹4900 at 9% per year for 1 year (in ₹)?
- 39.What is the simple interest on ₹4700 at 9% per year for 4 years (in ₹)?
- 40.What is the simple interest on ₹1100 at 6% per year for 1 year (in ₹)?
Answer key
- 690
- 4200
- 5712
- 60
- 50
- 260
- 190
- 126
- 2040
- 160
- 12
- 46
- 5
- 20
- 25
- 720
- 240
- 2728
- 30
- 30
- 1272
- 230
- 50
- 15
- 2860
- 30
- 20
- 25
- 120
- 250
- 10
- 190
- 4134
- 336
- 17
- 20
- 10
- 441
- 1692
- 66
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