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 cycle for ₹2500 and sells it for ₹2430. What is the loss (in ₹)?
- 2.A fan bought for ₹1500 is sold for ₹1125. What is the loss per cent?
- 3.What is 30% of 320?
- 4.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1570. What is the profit (in ₹)?
- 5.What is 25% of 680?
- 6.What is the amount (principal + simple interest) on ₹4900 at 2% per year for 4 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹9300 at 4% per year for 4 years (in ₹)?
- 8.A cycle bought for ₹4000 is sold for ₹3400. What is the loss per cent?
- 9.What is the amount (principal + simple interest) on ₹3500 at 5% per year for 3 years (in ₹)?
- 10.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1800. What is the profit (in ₹)?
- 11.A table costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 12.The price of a cricket ball changed from ₹400 to ₹200. What is the percentage decrease?
- 13.A shopkeeper buys a watch for ₹1350 and sells it for ₹1220. What is the loss (in ₹)?
- 14.A shopkeeper buys a cycle for ₹300 and sells it for ₹550. What is the profit (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 5 years (in ₹)?
- 16.What is 10% of 360?
- 17.What is 85% of 60?
- 18.A sewing machine bought for ₹900 is sold for ₹540. What is the loss per cent?
- 19.What is the amount (principal + simple interest) on ₹7100 at 9% per year for 1 year (in ₹)?
- 20.What is 85% of 740?
- 21.A cycle costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 3 years (in ₹)?
- 23.What is the simple interest on ₹7600 at 2% per year for 5 years (in ₹)?
- 24.A mobile phone costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 25.A cycle bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 26.What is the simple interest on ₹600 at 12% per year for 2 years (in ₹)?
- 27.The price of a box of mangoes changed from ₹500 to ₹625. What is the percentage increase?
- 28.What is 35% of 200?
- 29.A cricket kit costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 30.What is the simple interest on ₹600 at 9% per year for 1 year (in ₹)?
- 31.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹10. What is the loss (in ₹)?
- 32.What is the simple interest on ₹3900 at 2% per year for 3 years (in ₹)?
- 33.A mobile phone bought for ₹1400 is sold for ₹1260. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹1200 at 5% per year for 1 year (in ₹)?
- 35.What is 65% of 940?
- 36.A shopkeeper buys a fan for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
- 37.What is 70% of 560?
- 38.A sewing machine costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 39.What is 75% of 80?
- 40.What is 85% of 220?
Answer key
- 70
- 25
- 96
- 120
- 170
- 5292
- 10788
- 15
- 4025
- 250
- 1700
- 50
- 130
- 250
- 10580
- 36
- 51
- 40
- 7739
- 629
- 2100
- 3250
- 760
- 2160
- 25
- 144
- 25
- 70
- 1800
- 54
- 190
- 234
- 10
- 1260
- 611
- 110
- 392
- 2640
- 60
- 187
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