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 cricket kit for ₹2100 and sells it for ₹2040. What is the loss (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹2400 at 12% per year for 5 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹6500 at 10% per year for 3 years (in ₹)?
- 4.What is 45% of 1000?
- 5.A mobile phone bought for ₹3900 is sold for ₹4290. What is the profit per cent?
- 6.What is the amount (principal + simple interest) on ₹3900 at 11% per year for 5 years (in ₹)?
- 7.What is 80% of 300?
- 8.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1590. What is the loss (in ₹)?
- 9.What is the simple interest on ₹2600 at 8% per year for 2 years (in ₹)?
- 10.A cycle bought for ₹900 is sold for ₹855. What is the loss per cent?
- 11.What is 5% of 680?
- 12.The price of a box of mangoes changed from ₹40 to ₹52. What is the percentage increase?
- 13.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
- 14.A fan bought for ₹3400 is sold for ₹4420. What is the profit per cent?
- 15.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
- 16.A shopkeeper buys a watch for ₹400 and sells it for ₹540. What is the profit (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹7300 at 12% per year for 2 years (in ₹)?
- 18.What is the simple interest on ₹5400 at 12% per year for 5 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹1500 at 11% per year for 2 years (in ₹)?
- 20.A shopkeeper buys a table for ₹2700 and sells it for ₹2480. What is the loss (in ₹)?
- 21.What is 60% of 260?
- 22.A cycle costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 23.A sewing machine costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 24.What is 20% of 680?
- 25.What is the simple interest on ₹8200 at 5% per year for 1 year (in ₹)?
- 26.A shopkeeper buys a cooler for ₹900 and sells it for ₹1180. What is the profit (in ₹)?
- 27.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2640. What is the loss (in ₹)?
- 28.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹20. What is the loss (in ₹)?
- 29.A mobile phone costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 30.The price of a cricket ball changed from ₹250 to ₹475. What is the percentage increase?
- 31.What is 65% of 900?
- 32.A table costs ₹3600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 33.The price of a bus pass changed from ₹500 to ₹550. What is the percentage increase?
- 34.What is 20% of 760?
- 35.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?
- 36.A cycle costs ₹200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 37.The price of a school bag changed from ₹200 to ₹300. What is the percentage increase?
- 38.The price of a school bag changed from ₹20 to ₹2. What is the percentage decrease?
- 39.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 5 years (in ₹)?
- 40.What is 90% of 80?
Answer key
- 60
- 3840
- 8450
- 450
- 10
- 6045
- 240
- 10
- 416
- 5
- 34
- 30
- 90
- 30
- 50
- 140
- 9052
- 3240
- 1830
- 220
- 156
- 3750
- 2760
- 136
- 410
- 280
- 10
- 180
- 950
- 90
- 585
- 2880
- 10
- 152
- 75
- 224
- 50
- 90
- 3630
- 72
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