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 mobile phone for ₹1850 and sells it for ₹1950. What is the profit (in ₹)?
- 2.A cricket kit bought for ₹4000 is sold for ₹3800. What is the loss per cent?
- 3.What is 80% of 380?
- 4.A mobile phone bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 5.A mobile phone bought for ₹2300 is sold for ₹2185. What is the loss per cent?
- 6.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 4 years (in ₹)?
- 7.The price of a school bag changed from ₹100 to ₹101. What is the percentage increase?
- 8.A mobile phone bought for ₹3000 is sold for ₹3600. What is the profit per cent?
- 9.What is 45% of 620?
- 10.What is the simple interest on ₹3800 at 3% per year for 1 year (in ₹)?
- 11.A shopkeeper buys a watch for ₹1700 and sells it for ₹1760. What is the profit (in ₹)?
- 12.What is the simple interest on ₹7700 at 3% per year for 5 years (in ₹)?
- 13.A cycle bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 14.A table costs ₹3300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 15.A shopkeeper buys a fan for ₹250 and sells it for ₹440. What is the profit (in ₹)?
- 16.A shopkeeper buys a fan for ₹650 and sells it for ₹850. What is the profit (in ₹)?
- 17.What is the simple interest on ₹9400 at 4% per year for 4 years (in ₹)?
- 18.A fan bought for ₹300 is sold for ₹330. What is the profit per cent?
- 19.What is 55% of 240?
- 20.What is 25% of 960?
- 21.A watch bought for ₹600 is sold for ₹420. What is the loss per cent?
- 22.A cooler bought for ₹2300 is sold for ₹2185. What is the loss per cent?
- 23.What is 5% of 820?
- 24.A cricket kit costs ₹2100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹600 at 9% per year for 1 year (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 4 years (in ₹)?
- 27.What is the simple interest on ₹7900 at 5% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1020. What is the profit (in ₹)?
- 29.The price of a school bag changed from ₹200 to ₹360. What is the percentage increase?
- 30.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1490. What is the loss (in ₹)?
- 31.A table costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 32.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 33.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2740. What is the profit (in ₹)?
- 34.A mobile phone costs ₹3100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 35.What is 90% of 540?
- 36.What is the simple interest on ₹1600 at 8% per year for 2 years (in ₹)?
- 37.A cooler costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 38.A shopkeeper buys a fan for ₹950 and sells it for ₹1070. What is the profit (in ₹)?
- 39.A cricket kit bought for ₹900 is sold for ₹1080. What is the profit per cent?
- 40.A shopkeeper buys a cycle for ₹2850 and sells it for ₹3050. What is the profit (in ₹)?
Answer key
- 100
- 5
- 304
- 25
- 5
- 11200
- 1
- 20
- 279
- 114
- 60
- 1155
- 25
- 4125
- 190
- 200
- 1504
- 10
- 132
- 240
- 30
- 5
- 41
- 1785
- 54
- 3844
- 395
- 20
- 80
- 10
- 1350
- 20
- 140
- 4030
- 486
- 256
- 1500
- 120
- 20
- 200
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