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 simple interest on ₹8400 at 8% per year for 5 years (in ₹)?
- 2.A shopkeeper buys a table for ₹450 and sells it for ₹180. What is the loss (in ₹)?
- 3.The price of a school bag changed from ₹20 to ₹18. What is the percentage decrease?
- 4.A fan bought for ₹1900 is sold for ₹2090. What is the profit per cent?
- 5.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹720. What is the loss (in ₹)?
- 6.A sewing machine bought for ₹800 is sold for ₹480. What is the loss per cent?
- 7.What is the simple interest on ₹1100 at 11% per year for 2 years (in ₹)?
- 8.What is the simple interest on ₹9300 at 7% per year for 4 years (in ₹)?
- 9.The price of a water bottle changed from ₹500 to ₹50. What is the percentage decrease?
- 10.What is 5% of 300?
- 11.A sewing machine bought for ₹2600 is sold for ₹2990. What is the profit per cent?
- 12.A shopkeeper buys a cricket kit for ₹1200 and sells it for ₹1400. What is the profit (in ₹)?
- 13.A watch bought for ₹1100 is sold for ₹1265. What is the profit per cent?
- 14.A table bought for ₹2000 is sold for ₹3000. What is the profit per cent?
- 15.A shopkeeper buys a table for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
- 16.A shopkeeper buys a table for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
- 17.A sewing machine costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 18.A table costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 19.A shopkeeper buys a table for ₹1150 and sells it for ₹1340. What is the profit (in ₹)?
- 20.A mobile phone bought for ₹1600 is sold for ₹1792. What is the profit per cent?
- 21.What is the simple interest on ₹5200 at 4% per year for 3 years (in ₹)?
- 22.A shopkeeper buys a table for ₹450 and sells it for ₹600. What is the profit (in ₹)?
- 23.A cricket kit costs ₹2400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 24.A cycle bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 25.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
- 26.The price of a cricket ball changed from ₹500 to ₹350. What is the percentage decrease?
- 27.A mobile phone costs ₹2600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 28.A cricket kit costs ₹2300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 29.The price of a school bag changed from ₹50 to ₹51. What is the percentage increase?
- 30.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
- 31.What is 75% of 780?
- 32.What is the simple interest on ₹600 at 2% per year for 5 years (in ₹)?
- 33.What is the simple interest on ₹7800 at 5% per year for 1 year (in ₹)?
- 34.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2230. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2100 at 7% per year for 2 years (in ₹)?
- 36.A shopkeeper buys a cooler for ₹800 and sells it for ₹790. What is the loss (in ₹)?
- 37.What is 10% of 400?
- 38.What is 70% of 220?
- 39.What is 40% of 540?
- 40.What is 20% of 840?
Answer key
- 3360
- 270
- 10
- 10
- 230
- 40
- 242
- 2604
- 90
- 15
- 15
- 200
- 15
- 50
- 200
- 210
- 1260
- 2125
- 190
- 12
- 624
- 150
- 2112
- 12
- 20
- 30
- 3250
- 2645
- 2
- 10
- 585
- 60
- 390
- 20
- 2394
- 10
- 40
- 154
- 216
- 168
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