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.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1900. What is the profit (in ₹)?
- 2.What is the simple interest on ₹9400 at 2% per year for 5 years (in ₹)?
- 3.What is 90% of 440?
- 4.What is 75% of 320?
- 5.What is the simple interest on ₹8500 at 11% per year for 3 years (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹660. What is the loss (in ₹)?
- 7.The price of a box of mangoes changed from ₹50 to ₹49. What is the percentage decrease?
- 8.What is 15% of 880?
- 9.The price of a bus pass changed from ₹400 to ₹700. What is the percentage increase?
- 10.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2420. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹7500 at 4% per year for 3 years (in ₹)?
- 12.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
- 13.What is 65% of 360?
- 14.What is the amount (principal + simple interest) on ₹6700 at 6% per year for 2 years (in ₹)?
- 15.What is the simple interest on ₹7700 at 12% per year for 4 years (in ₹)?
- 16.The price of a school bag changed from ₹500 to ₹875. What is the percentage increase?
- 17.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 5 years (in ₹)?
- 18.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹830. What is the profit (in ₹)?
- 19.A shopkeeper buys a table for ₹600 and sells it for ₹540. What is the loss (in ₹)?
- 20.A fan costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 21.What is 35% of 180?
- 22.A sewing machine costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 23.The price of a bus pass changed from ₹400 to ₹408. What is the percentage increase?
- 24.A mobile phone bought for ₹1400 is sold for ₹1540. What is the profit per cent?
- 25.What is 10% of 260?
- 26.What is the simple interest on ₹1100 at 5% per year for 5 years (in ₹)?
- 27.A fan costs ₹3700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 28.A shopkeeper buys a table for ₹1850 and sells it for ₹2030. What is the profit (in ₹)?
- 29.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
- 30.What is the simple interest on ₹4000 at 3% per year for 5 years (in ₹)?
- 31.A shopkeeper buys a fan for ₹1700 and sells it for ₹1520. What is the loss (in ₹)?
- 32.A cycle costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 33.A cooler bought for ₹3900 is sold for ₹3315. What is the loss per cent?
- 34.What is the simple interest on ₹2700 at 3% per year for 2 years (in ₹)?
- 35.A fan costs ₹1500. It is sold at a 12% loss. What is the selling price (in ₹)?
- 36.The price of a pair of shoes changed from ₹25 to ₹45. What is the percentage increase?
- 37.A fan bought for ₹1900 is sold for ₹2090. What is the profit per cent?
- 38.What is 80% of 800?
- 39.What is 60% of 1000?
- 40.What is the simple interest on ₹8600 at 11% per year for 1 year (in ₹)?
Answer key
- 150
- 940
- 396
- 240
- 2805
- 140
- 2
- 132
- 75
- 220
- 8400
- 2
- 234
- 7504
- 3696
- 75
- 7590
- 30
- 60
- 3250
- 63
- 2992
- 2
- 10
- 26
- 275
- 2220
- 180
- 30
- 600
- 180
- 3750
- 15
- 162
- 1320
- 80
- 10
- 640
- 600
- 946
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