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 cricket ball changed from ₹100 to ₹110. What is the percentage increase?
- 2.What is the amount (principal + simple interest) on ₹5600 at 2% per year for 2 years (in ₹)?
- 3.A shopkeeper buys a watch for ₹1050 and sells it for ₹770. What is the loss (in ₹)?
- 4.What is 75% of 460?
- 5.What is the simple interest on ₹6200 at 7% per year for 5 years (in ₹)?
- 6.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1190. What is the loss (in ₹)?
- 7.A cycle costs ₹2500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 8.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1690. What is the loss (in ₹)?
- 9.A cycle bought for ₹2100 is sold for ₹2310. What is the profit per cent?
- 10.What is 80% of 540?
- 11.What is the simple interest on ₹2900 at 4% per year for 1 year (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹9500 at 3% per year for 4 years (in ₹)?
- 13.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1160. What is the profit (in ₹)?
- 14.A mobile phone bought for ₹3600 is sold for ₹5400. What is the profit per cent?
- 15.A shopkeeper buys a watch for ₹900 and sells it for ₹950. What is the profit (in ₹)?
- 16.What is 40% of 940?
- 17.A shopkeeper buys a cycle for ₹350 and sells it for ₹200. What is the loss (in ₹)?
- 18.What is 30% of 800?
- 19.A shopkeeper buys a cooler for ₹400 and sells it for ₹170. What is the loss (in ₹)?
- 20.A fan bought for ₹1800 is sold for ₹1620. What is the loss per cent?
- 21.A watch bought for ₹1000 is sold for ₹1100. What is the profit per cent?
- 22.What is 80% of 680?
- 23.What is the simple interest on ₹5400 at 7% per year for 5 years (in ₹)?
- 24.What is 85% of 940?
- 25.A watch bought for ₹2400 is sold for ₹2880. What is the profit per cent?
- 26.The price of a bus pass changed from ₹250 to ₹275. What is the percentage increase?
- 27.What is the amount (principal + simple interest) on ₹9100 at 2% per year for 2 years (in ₹)?
- 28.The price of a cricket ball changed from ₹40 to ₹36. What is the percentage decrease?
- 29.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 1 year (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹7600 at 2% per year for 3 years (in ₹)?
- 31.What is 30% of 300?
- 32.What is 40% of 400?
- 33.What is 5% of 200?
- 34.A sewing machine bought for ₹2200 is sold for ₹2530. What is the profit per cent?
- 35.What is the amount (principal + simple interest) on ₹3200 at 7% per year for 1 year (in ₹)?
- 36.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹460. What is the profit (in ₹)?
- 37.A watch bought for ₹600 is sold for ₹660. What is the profit per cent?
- 38.A watch bought for ₹1900 is sold for ₹2128. What is the profit per cent?
- 39.What is the simple interest on ₹9400 at 4% per year for 5 years (in ₹)?
- 40.What is the simple interest on ₹600 at 7% per year for 2 years (in ₹)?
Answer key
- 10
- 5824
- 280
- 345
- 2170
- 10
- 3500
- 60
- 10
- 432
- 116
- 10640
- 210
- 50
- 50
- 376
- 150
- 240
- 230
- 10
- 10
- 544
- 1890
- 799
- 20
- 10
- 9464
- 10
- 2835
- 8056
- 90
- 160
- 10
- 15
- 3424
- 10
- 10
- 12
- 1880
- 84
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