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.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
- 2.What is the simple interest on ₹2000 at 6% per year for 3 years (in ₹)?
- 3.What is 35% of 560?
- 4.The price of a water bottle changed from ₹100 to ₹102. What is the percentage increase?
- 5.What is 20% of 720?
- 6.The price of a water bottle changed from ₹200 to ₹380. What is the percentage increase?
- 7.What is the simple interest on ₹9200 at 7% per year for 1 year (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹3500 at 3% per year for 2 years (in ₹)?
- 9.The price of a cricket ball changed from ₹40 to ₹52. What is the percentage increase?
- 10.What is the simple interest on ₹4200 at 5% per year for 4 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹1200 at 7% per year for 4 years (in ₹)?
- 12.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹350. What is the profit (in ₹)?
- 13.What is 85% of 400?
- 14.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹700. What is the loss (in ₹)?
- 15.What is 70% of 900?
- 16.A cycle bought for ₹3300 is sold for ₹3960. What is the profit per cent?
- 17.What is the simple interest on ₹5400 at 3% per year for 3 years (in ₹)?
- 18.The price of a pair of shoes changed from ₹50 to ₹90. What is the percentage increase?
- 19.What is 80% of 740?
- 20.What is the simple interest on ₹1300 at 8% per year for 2 years (in ₹)?
- 21.The price of a pair of shoes changed from ₹400 to ₹100. What is the percentage decrease?
- 22.What is the simple interest on ₹1800 at 12% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹2500 at 10% per year for 5 years (in ₹)?
- 24.A fan bought for ₹2600 is sold for ₹3250. What is the profit per cent?
- 25.The price of a box of mangoes changed from ₹500 to ₹400. What is the percentage decrease?
- 26.What is 10% of 500?
- 27.A shopkeeper buys a fan for ₹2650 and sells it for ₹2880. What is the profit (in ₹)?
- 28.A cooler costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 29.A cricket kit bought for ₹1200 is sold for ₹1680. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹3400 at 6% per year for 5 years (in ₹)?
- 31.A fan bought for ₹600 is sold for ₹528. What is the loss per cent?
- 32.A cooler bought for ₹600 is sold for ₹720. What is the profit per cent?
- 33.A shopkeeper buys a watch for ₹1450 and sells it for ₹1460. What is the profit (in ₹)?
- 34.What is the simple interest on ₹2800 at 8% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹9200 at 4% per year for 4 years (in ₹)?
- 36.What is the simple interest on ₹2700 at 9% per year for 5 years (in ₹)?
- 37.A cycle bought for ₹200 is sold for ₹190. What is the loss per cent?
- 38.A sewing machine costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 39.A sewing machine costs ₹1300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹7200 at 12% per year for 3 years (in ₹)?
Answer key
- 40
- 360
- 196
- 2
- 144
- 90
- 644
- 3710
- 30
- 840
- 1536
- 150
- 340
- 50
- 630
- 20
- 486
- 80
- 592
- 208
- 75
- 216
- 1250
- 25
- 20
- 50
- 230
- 1680
- 40
- 4420
- 12
- 20
- 10
- 224
- 1472
- 1215
- 5
- 280
- 1820
- 9792
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