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 ₹1800 and sells it for ₹1830. What is the profit (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹600 at 9% per year for 1 year (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹700 at 3% per year for 3 years (in ₹)?
- 4.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2290. What is the loss (in ₹)?
- 5.The price of a pair of shoes changed from ₹20 to ₹14. What is the percentage decrease?
- 6.What is the amount (principal + simple interest) on ₹3900 at 4% per year for 5 years (in ₹)?
- 7.A cricket kit bought for ₹2100 is sold for ₹1575. What is the loss per cent?
- 8.A watch bought for ₹3600 is sold for ₹5040. What is the profit per cent?
- 9.A sewing machine bought for ₹3900 is sold for ₹2730. What is the loss per cent?
- 10.A cycle bought for ₹600 is sold for ₹570. What is the loss per cent?
- 11.What is 80% of 240?
- 12.The price of a bus pass changed from ₹20 to ₹32. What is the percentage increase?
- 13.The price of a water bottle changed from ₹250 to ₹375. What is the percentage increase?
- 14.What is the simple interest on ₹8300 at 5% per year for 5 years (in ₹)?
- 15.The price of a water bottle changed from ₹40 to ₹30. What is the percentage decrease?
- 16.What is the amount (principal + simple interest) on ₹9500 at 5% per year for 4 years (in ₹)?
- 17.What is the simple interest on ₹9300 at 4% per year for 5 years (in ₹)?
- 18.A cycle bought for ₹700 is sold for ₹910. What is the profit per cent?
- 19.What is 80% of 140?
- 20.What is the amount (principal + simple interest) on ₹9900 at 7% per year for 5 years (in ₹)?
- 21.What is 5% of 80?
- 22.What is 95% of 260?
- 23.A fan bought for ₹2300 is sold for ₹3450. What is the profit per cent?
- 24.A shopkeeper buys a cooler for ₹800 and sells it for ₹730. What is the loss (in ₹)?
- 25.A sewing machine bought for ₹200 is sold for ₹170. What is the loss per cent?
- 26.What is 60% of 960?
- 27.What is the amount (principal + simple interest) on ₹3900 at 12% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2470. What is the loss (in ₹)?
- 29.A fan bought for ₹200 is sold for ₹240. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹2000 at 8% per year for 3 years (in ₹)?
- 31.A shopkeeper buys a cooler for ₹2650 and sells it for ₹2770. What is the profit (in ₹)?
- 32.A shopkeeper buys a fan for ₹2100 and sells it for ₹2270. What is the profit (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹6600 at 4% per year for 4 years (in ₹)?
- 34.A shopkeeper buys a cycle for ₹1650 and sells it for ₹1430. What is the loss (in ₹)?
- 35.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
- 36.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1450. What is the loss (in ₹)?
- 37.A shopkeeper buys a fan for ₹1200 and sells it for ₹1260. What is the profit (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹3600 at 5% per year for 1 year (in ₹)?
- 39.What is 30% of 600?
- 40.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
Answer key
- 30
- 654
- 763
- 10
- 30
- 4680
- 25
- 40
- 30
- 5
- 192
- 60
- 50
- 2075
- 25
- 11400
- 1860
- 30
- 112
- 13365
- 4
- 247
- 50
- 70
- 15
- 576
- 4368
- 30
- 20
- 2480
- 120
- 170
- 7656
- 220
- 20
- 50
- 60
- 3780
- 180
- 20
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