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 mobile phone bought for ₹3200 is sold for ₹2400. What is the loss per cent?
- 2.The price of a bus pass changed from ₹500 to ₹550. What is the percentage increase?
- 3.A watch costs ₹1900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 1 year (in ₹)?
- 5.A cycle costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹5400 at 6% per year for 4 years (in ₹)?
- 7.A mobile phone costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 8.The price of a pair of shoes changed from ₹40 to ₹16. What is the percentage decrease?
- 9.What is the amount (principal + simple interest) on ₹1300 at 8% per year for 4 years (in ₹)?
- 10.A shopkeeper buys a watch for ₹550 and sells it for ₹440. What is the loss (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 2 years (in ₹)?
- 12.What is the simple interest on ₹3500 at 6% per year for 1 year (in ₹)?
- 13.The price of a water bottle changed from ₹250 to ₹350. What is the percentage increase?
- 14.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 2 years (in ₹)?
- 15.What is the simple interest on ₹1700 at 7% per year for 5 years (in ₹)?
- 16.A sewing machine costs ₹2300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 17.A cooler costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 18.A cycle costs ₹3500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹7200 at 12% per year for 2 years (in ₹)?
- 20.A cricket kit costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹8900 at 2% per year for 3 years (in ₹)?
- 22.What is 30% of 180?
- 23.What is the simple interest on ₹2800 at 10% per year for 1 year (in ₹)?
- 24.What is 10% of 840?
- 25.What is the amount (principal + simple interest) on ₹3900 at 10% per year for 1 year (in ₹)?
- 26.A cooler costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹4500 at 3% per year for 5 years (in ₹)?
- 28.A mobile phone bought for ₹300 is sold for ₹150. What is the loss per cent?
- 29.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 1 year (in ₹)?
- 30.A shopkeeper buys a fan for ₹2900 and sells it for ₹2640. What is the loss (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 1 year (in ₹)?
- 32.A cooler bought for ₹3100 is sold for ₹3565. What is the profit per cent?
- 33.A mobile phone bought for ₹1600 is sold for ₹2400. What is the profit per cent?
- 34.A shopkeeper buys a watch for ₹2750 and sells it for ₹2490. What is the loss (in ₹)?
- 35.What is the simple interest on ₹2400 at 7% per year for 3 years (in ₹)?
- 36.What is the simple interest on ₹7800 at 11% per year for 2 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 1 year (in ₹)?
- 38.A sewing machine costs ₹2600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 1 year (in ₹)?
- 40.A fan bought for ₹1300 is sold for ₹1456. What is the profit per cent?
Answer key
- 25
- 10
- 1615
- 1957
- 2945
- 6696
- 3248
- 60
- 1716
- 110
- 8528
- 210
- 40
- 9752
- 595
- 2530
- 910
- 4550
- 8928
- 4810
- 534
- 54
- 280
- 84
- 4290
- 1750
- 675
- 50
- 3296
- 260
- 4944
- 15
- 50
- 260
- 504
- 1716
- 8446
- 3640
- 8140
- 12
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