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 85% of 280?
- 2.What is the amount (principal + simple interest) on ₹2100 at 3% per year for 1 year (in ₹)?
- 3.What is the simple interest on ₹1200 at 9% per year for 1 year (in ₹)?
- 4.What is 90% of 120?
- 5.What is the simple interest on ₹1400 at 2% per year for 2 years (in ₹)?
- 6.A cricket kit bought for ₹2500 is sold for ₹1250. What is the loss per cent?
- 7.What is the amount (principal + simple interest) on ₹3200 at 12% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹1250. What is the profit (in ₹)?
- 9.A fan bought for ₹3000 is sold for ₹4500. What is the profit per cent?
- 10.The price of a pair of shoes changed from ₹500 to ₹505. What is the percentage increase?
- 11.What is 40% of 620?
- 12.What is the simple interest on ₹4600 at 9% per year for 3 years (in ₹)?
- 13.What is the simple interest on ₹1000 at 5% per year for 2 years (in ₹)?
- 14.A mobile phone bought for ₹2000 is sold for ₹2800. What is the profit per cent?
- 15.A cricket kit bought for ₹2200 is sold for ₹1870. What is the loss per cent?
- 16.What is the amount (principal + simple interest) on ₹8200 at 9% per year for 1 year (in ₹)?
- 17.What is 85% of 940?
- 18.The price of a bus pass changed from ₹200 to ₹196. What is the percentage decrease?
- 19.A watch bought for ₹2000 is sold for ₹1400. What is the loss per cent?
- 20.A cycle bought for ₹2300 is sold for ₹2530. What is the profit per cent?
- 21.A cycle bought for ₹2400 is sold for ₹3600. What is the profit per cent?
- 22.What is the simple interest on ₹8500 at 8% per year for 5 years (in ₹)?
- 23.What is 25% of 740?
- 24.A cooler costs ₹500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 25.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1180. What is the loss (in ₹)?
- 26.A sewing machine costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 27.The price of a bus pass changed from ₹50 to ₹65. What is the percentage increase?
- 28.A fan bought for ₹2300 is sold for ₹1380. What is the loss per cent?
- 29.What is 90% of 840?
- 30.What is the simple interest on ₹4800 at 4% per year for 5 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 3 years (in ₹)?
- 32.A watch costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹240. What is the loss (in ₹)?
- 34.The price of a pair of shoes changed from ₹40 to ₹30. What is the percentage decrease?
- 35.A shopkeeper buys a table for ₹850 and sells it for ₹660. What is the loss (in ₹)?
- 36.The price of a cricket ball changed from ₹400 to ₹392. What is the percentage decrease?
- 37.What is the simple interest on ₹7300 at 9% per year for 4 years (in ₹)?
- 38.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2680. What is the profit (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹1200 at 6% per year for 2 years (in ₹)?
- 40.A mobile phone bought for ₹800 is sold for ₹920. What is the profit per cent?
Answer key
- 238
- 2163
- 108
- 108
- 56
- 50
- 3584
- 300
- 50
- 1
- 248
- 1242
- 100
- 40
- 15
- 8938
- 799
- 2
- 30
- 10
- 50
- 3400
- 185
- 350
- 170
- 1344
- 30
- 40
- 756
- 960
- 3770
- 5600
- 60
- 25
- 190
- 2
- 2628
- 180
- 1344
- 15
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