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 sewing machine for ₹2500 and sells it for ₹2240. What is the loss (in ₹)?
- 2.What is the simple interest on ₹7900 at 12% per year for 1 year (in ₹)?
- 3.A shopkeeper buys a table for ₹1050 and sells it for ₹1140. What is the profit (in ₹)?
- 4.What is 80% of 160?
- 5.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹220. What is the loss (in ₹)?
- 6.A watch costs ₹2900. It is sold at a 40% loss. What is the selling price (in ₹)?
- 7.The price of a cricket ball changed from ₹500 to ₹750. What is the percentage increase?
- 8.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 4 years (in ₹)?
- 9.What is the simple interest on ₹9000 at 6% per year for 2 years (in ₹)?
- 10.What is the simple interest on ₹2000 at 12% per year for 1 year (in ₹)?
- 11.A fan costs ₹2700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 12.The price of a water bottle changed from ₹200 to ₹260. What is the percentage increase?
- 13.A watch costs ₹2500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹700 at 5% per year for 5 years (in ₹)?
- 15.What is the simple interest on ₹8300 at 8% per year for 2 years (in ₹)?
- 16.What is 40% of 960?
- 17.A fan bought for ₹3700 is sold for ₹5550. What is the profit per cent?
- 18.A shopkeeper buys a watch for ₹1600 and sells it for ₹1560. What is the loss (in ₹)?
- 19.What is 30% of 520?
- 20.A shopkeeper buys a table for ₹2850 and sells it for ₹2960. What is the profit (in ₹)?
- 21.The price of a water bottle changed from ₹100 to ₹180. What is the percentage increase?
- 22.What is 80% of 1000?
- 23.The price of a pair of shoes changed from ₹200 to ₹360. What is the percentage increase?
- 24.A cricket kit bought for ₹2400 is sold for ₹1920. What is the loss per cent?
- 25.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1100. What is the profit (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 1 year (in ₹)?
- 27.A cooler bought for ₹2000 is sold for ₹1200. What is the loss per cent?
- 28.What is the amount (principal + simple interest) on ₹4500 at 11% per year for 2 years (in ₹)?
- 29.A shopkeeper buys a table for ₹1650 and sells it for ₹1740. What is the profit (in ₹)?
- 30.What is the simple interest on ₹1600 at 6% per year for 2 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹7900 at 12% per year for 4 years (in ₹)?
- 32.What is 30% of 180?
- 33.A cricket kit costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 5 years (in ₹)?
- 35.A mobile phone costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 36.What is 35% of 100?
- 37.The price of a water bottle changed from ₹100 to ₹98. What is the percentage decrease?
- 38.The price of a pair of shoes changed from ₹200 to ₹140. What is the percentage decrease?
- 39.A watch costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 40.What is 5% of 840?
Answer key
- 260
- 948
- 90
- 128
- 280
- 1740
- 50
- 1920
- 1080
- 240
- 2025
- 30
- 2625
- 175
- 1328
- 384
- 50
- 40
- 156
- 110
- 80
- 800
- 80
- 20
- 100
- 8364
- 40
- 5490
- 90
- 192
- 11692
- 54
- 3080
- 2300
- 1725
- 35
- 2
- 30
- 1375
- 42
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