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 ₹2150 and sells it for ₹2200. What is the profit (in ₹)?
- 2.The price of a school bag changed from ₹50 to ₹75. What is the percentage increase?
- 3.What is the simple interest on ₹9900 at 7% per year for 4 years (in ₹)?
- 4.What is 60% of 60?
- 5.The price of a water bottle changed from ₹250 to ₹255. What is the percentage increase?
- 6.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?
- 7.A watch bought for ₹1400 is sold for ₹1190. What is the loss per cent?
- 8.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
- 9.A fan costs ₹500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.What is 30% of 480?
- 11.What is the simple interest on ₹900 at 6% per year for 3 years (in ₹)?
- 12.A cricket kit bought for ₹4000 is sold for ₹5600. What is the profit per cent?
- 13.What is the simple interest on ₹3300 at 10% per year for 3 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹4400 at 4% per year for 5 years (in ₹)?
- 15.What is the simple interest on ₹4800 at 4% per year for 2 years (in ₹)?
- 16.What is the simple interest on ₹2200 at 3% per year for 1 year (in ₹)?
- 17.The price of a bus pass changed from ₹40 to ₹36. What is the percentage decrease?
- 18.A shopkeeper buys a cooler for ₹700 and sells it for ₹630. What is the loss (in ₹)?
- 19.A cycle costs ₹1500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 20.A shopkeeper buys a fan for ₹500 and sells it for ₹700. What is the profit (in ₹)?
- 21.The price of a bus pass changed from ₹100 to ₹95. What is the percentage decrease?
- 22.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2960. What is the profit (in ₹)?
- 23.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹830. What is the profit (in ₹)?
- 24.What is the simple interest on ₹1100 at 10% per year for 3 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9300 at 12% per year for 4 years (in ₹)?
- 26.A cricket kit costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 27.The price of a box of mangoes changed from ₹25 to ₹45. What is the percentage increase?
- 28.What is the simple interest on ₹600 at 4% per year for 3 years (in ₹)?
- 29.The price of a cricket ball changed from ₹40 to ₹76. What is the percentage increase?
- 30.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2520. What is the loss (in ₹)?
- 31.What is the simple interest on ₹9400 at 12% per year for 3 years (in ₹)?
- 32.The price of a bus pass changed from ₹25 to ₹5. What is the percentage decrease?
- 33.A cricket kit costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹1400 at 10% per year for 5 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2900 at 11% per year for 5 years (in ₹)?
- 36.A cycle bought for ₹500 is sold for ₹575. What is the profit per cent?
- 37.What is 25% of 100?
- 38.A cooler costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 39.A shopkeeper buys a table for ₹2850 and sells it for ₹2670. What is the loss (in ₹)?
- 40.A shopkeeper buys a table for ₹350 and sells it for ₹150. What is the loss (in ₹)?
Answer key
- 50
- 50
- 2772
- 36
- 2
- 75
- 15
- 60
- 440
- 144
- 162
- 40
- 990
- 5280
- 384
- 66
- 10
- 70
- 1425
- 200
- 5
- 160
- 280
- 330
- 13764
- 2160
- 80
- 72
- 90
- 280
- 3384
- 80
- 380
- 2100
- 4495
- 15
- 25
- 2760
- 180
- 200
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