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 the amount (principal + simple interest) on ₹1200 at 3% per year for 3 years (in ₹)?
- 2.A fan bought for ₹1800 is sold for ₹2250. What is the profit per cent?
- 3.What is the simple interest on ₹7500 at 5% per year for 3 years (in ₹)?
- 4.A fan costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 5.What is 30% of 720?
- 6.A fan bought for ₹400 is sold for ₹448. What is the profit per cent?
- 7.A shopkeeper buys a table for ₹2700 and sells it for ₹2570. What is the loss (in ₹)?
- 8.The price of a pair of shoes changed from ₹200 to ₹280. What is the percentage increase?
- 9.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
- 10.What is the simple interest on ₹2900 at 7% per year for 4 years (in ₹)?
- 11.What is 75% of 780?
- 12.A shopkeeper buys a table for ₹2500 and sells it for ₹2540. What is the profit (in ₹)?
- 13.The price of a box of mangoes changed from ₹20 to ₹35. What is the percentage increase?
- 14.A cricket kit costs ₹3100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 15.What is 95% of 80?
- 16.A sewing machine bought for ₹3900 is sold for ₹2925. What is the loss per cent?
- 17.A watch bought for ₹1800 is sold for ₹1530. What is the loss per cent?
- 18.The price of a bus pass changed from ₹100 to ₹98. What is the percentage decrease?
- 19.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 3 years (in ₹)?
- 20.A cricket kit costs ₹3700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 21.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹770. What is the profit (in ₹)?
- 22.A shopkeeper buys a cycle for ₹1050 and sells it for ₹750. What is the loss (in ₹)?
- 23.A cooler costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 24.What is 70% of 260?
- 25.What is the amount (principal + simple interest) on ₹9300 at 5% per year for 3 years (in ₹)?
- 26.The price of a cricket ball changed from ₹80 to ₹48. What is the percentage decrease?
- 27.What is 15% of 600?
- 28.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 2 years (in ₹)?
- 29.A cooler costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 30.What is 15% of 100?
- 31.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 32.A sewing machine bought for ₹2600 is sold for ₹3640. What is the profit per cent?
- 33.A cycle costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 34.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1780. What is the profit (in ₹)?
- 35.A shopkeeper buys a cycle for ₹1050 and sells it for ₹850. What is the loss (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹8700 at 4% per year for 2 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4100 at 2% per year for 1 year (in ₹)?
- 38.A watch bought for ₹600 is sold for ₹360. What is the loss per cent?
- 39.A fan costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 2 years (in ₹)?
Answer key
- 1308
- 25
- 1125
- 2400
- 216
- 12
- 130
- 40
- 20
- 812
- 585
- 40
- 75
- 2790
- 76
- 25
- 15
- 2
- 2662
- 4255
- 120
- 300
- 990
- 182
- 10695
- 40
- 90
- 1144
- 1680
- 15
- 60
- 40
- 230
- 130
- 200
- 9396
- 4182
- 40
- 1750
- 6384
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