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.What is 95% of 520?
- 2.What is the amount (principal + simple interest) on ₹2700 at 11% per year for 1 year (in ₹)?
- 3.What is 20% of 60?
- 4.What is 5% of 480?
- 5.What is 45% of 840?
- 6.What is the simple interest on ₹5000 at 8% per year for 1 year (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹7500 at 9% per year for 2 years (in ₹)?
- 8.What is 15% of 760?
- 9.What is 85% of 840?
- 10.The price of a school bag changed from ₹25 to ₹10. What is the percentage decrease?
- 11.A cycle costs ₹2300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 12.What is 70% of 940?
- 13.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 5 years (in ₹)?
- 14.A shopkeeper buys a fan for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
- 15.A cricket kit bought for ₹2400 is sold for ₹2760. What is the profit per cent?
- 16.What is the amount (principal + simple interest) on ₹1600 at 5% per year for 1 year (in ₹)?
- 17.A sewing machine costs ₹700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 18.A cooler costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 19.A mobile phone bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 20.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?
- 21.A watch costs ₹2100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1960. What is the profit (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 2 years (in ₹)?
- 24.The price of a cricket ball changed from ₹25 to ₹5. What is the percentage decrease?
- 25.A shopkeeper buys a table for ₹1450 and sells it for ₹1160. What is the loss (in ₹)?
- 26.What is 35% of 240?
- 27.The price of a bus pass changed from ₹80 to ₹32. What is the percentage decrease?
- 28.The price of a pair of shoes changed from ₹50 to ₹20. What is the percentage decrease?
- 29.A cricket kit bought for ₹2400 is sold for ₹2640. What is the profit per cent?
- 30.A fan costs ₹3600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 31.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
- 32.A cycle bought for ₹2000 is sold for ₹1200. What is the loss per cent?
- 33.The price of a box of mangoes changed from ₹200 to ₹202. What is the percentage increase?
- 34.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 4 years (in ₹)?
- 35.What is the simple interest on ₹1400 at 4% per year for 5 years (in ₹)?
- 36.A table bought for ₹1600 is sold for ₹1680. What is the profit per cent?
- 37.A mobile phone bought for ₹700 is sold for ₹665. What is the loss per cent?
- 38.The price of a bus pass changed from ₹100 to ₹75. What is the percentage decrease?
- 39.What is the simple interest on ₹9800 at 5% per year for 3 years (in ₹)?
- 40.A cooler costs ₹2200. It is sold at a 30% loss. What is the selling price (in ₹)?
Answer key
- 494
- 2997
- 12
- 24
- 378
- 400
- 8850
- 114
- 714
- 60
- 1955
- 658
- 11890
- 240
- 15
- 1680
- 525
- 4000
- 25
- 25
- 2730
- 110
- 3016
- 80
- 290
- 84
- 60
- 60
- 10
- 3960
- 5
- 40
- 1
- 2880
- 280
- 5
- 5
- 25
- 1470
- 1540
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