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 ₹1700 at 4% per year for 2 years (in ₹)?
- 2.A mobile phone costs ₹1400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 3.A cycle costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 4.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
- 5.What is the amount (principal + simple interest) on ₹7700 at 7% per year for 3 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹9400 at 2% per year for 3 years (in ₹)?
- 7.A table bought for ₹3200 is sold for ₹3520. What is the profit per cent?
- 8.The price of a cricket ball changed from ₹500 to ₹550. What is the percentage increase?
- 9.A shopkeeper buys a fan for ₹2950 and sells it for ₹3240. What is the profit (in ₹)?
- 10.What is 95% of 740?
- 11.A cycle bought for ₹1400 is sold for ₹1610. What is the profit per cent?
- 12.What is 60% of 880?
- 13.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹1920. What is the loss (in ₹)?
- 14.A cricket kit costs ₹4000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 15.A cricket kit costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 16.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹2020. What is the profit (in ₹)?
- 17.A cooler bought for ₹2200 is sold for ₹2310. What is the profit per cent?
- 18.The price of a bus pass changed from ₹200 to ₹280. What is the percentage increase?
- 19.The price of a box of mangoes changed from ₹50 to ₹25. What is the percentage decrease?
- 20.What is 10% of 280?
- 21.What is 70% of 640?
- 22.What is the simple interest on ₹4600 at 8% per year for 3 years (in ₹)?
- 23.A cooler bought for ₹1100 is sold for ₹968. What is the loss per cent?
- 24.A cooler bought for ₹3300 is sold for ₹2904. What is the loss per cent?
- 25.A shopkeeper buys a cycle for ₹450 and sells it for ₹320. What is the loss (in ₹)?
- 26.A mobile phone bought for ₹2100 is sold for ₹2940. What is the profit per cent?
- 27.What is the amount (principal + simple interest) on ₹700 at 11% per year for 4 years (in ₹)?
- 28.A shopkeeper buys a mobile phone for ₹2700 and sells it for ₹2460. What is the loss (in ₹)?
- 29.A cricket kit costs ₹2100. It is sold at a 50% profit. What is the selling price (in ₹)?
- 30.The price of a pair of shoes changed from ₹500 to ₹400. What is the percentage decrease?
- 31.A shopkeeper buys a fan for ₹850 and sells it for ₹1050. What is the profit (in ₹)?
- 32.A shopkeeper buys a cooler for ₹350 and sells it for ₹240. What is the loss (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹9300 at 3% per year for 2 years (in ₹)?
- 34.A watch bought for ₹3100 is sold for ₹2325. What is the loss per cent?
- 35.What is the simple interest on ₹1400 at 3% per year for 3 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 1 year (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹7300 at 2% per year for 2 years (in ₹)?
- 38.A table costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 39.What is the simple interest on ₹5700 at 5% per year for 5 years (in ₹)?
- 40.The price of a school bag changed from ₹500 to ₹50. What is the percentage decrease?
Answer key
- 136
- 1470
- 3230
- 60
- 9317
- 9964
- 10
- 10
- 290
- 703
- 15
- 528
- 280
- 3520
- 2464
- 220
- 5
- 40
- 50
- 28
- 448
- 1104
- 12
- 12
- 130
- 40
- 1008
- 240
- 3150
- 20
- 200
- 110
- 9858
- 25
- 126
- 9879
- 7592
- 1375
- 1425
- 90
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