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.The price of a school bag changed from ₹80 to ₹20. What is the percentage decrease?
- 2.What is 90% of 460?
- 3.What is the amount (principal + simple interest) on ₹5600 at 4% per year for 2 years (in ₹)?
- 4.What is 45% of 800?
- 5.What is 60% of 120?
- 6.What is 35% of 380?
- 7.A fan bought for ₹900 is sold for ₹1125. What is the profit per cent?
- 8.A mobile phone bought for ₹3300 is sold for ₹3795. What is the profit per cent?
- 9.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 3 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 5 years (in ₹)?
- 11.A shopkeeper buys a watch for ₹1150 and sells it for ₹1090. What is the loss (in ₹)?
- 12.The price of a school bag changed from ₹40 to ₹48. What is the percentage increase?
- 13.A mobile phone bought for ₹3600 is sold for ₹3168. What is the loss per cent?
- 14.The price of a school bag changed from ₹500 to ₹400. What is the percentage decrease?
- 15.What is the amount (principal + simple interest) on ₹1100 at 12% per year for 2 years (in ₹)?
- 16.A shopkeeper buys a watch for ₹2100 and sells it for ₹2260. What is the profit (in ₹)?
- 17.The price of a water bottle changed from ₹20 to ₹35. What is the percentage increase?
- 18.A shopkeeper buys a watch for ₹2300 and sells it for ₹2530. What is the profit (in ₹)?
- 19.A shopkeeper buys a cycle for ₹500 and sells it for ₹560. What is the profit (in ₹)?
- 20.What is 10% of 600?
- 21.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 2 years (in ₹)?
- 22.What is the simple interest on ₹3700 at 10% per year for 3 years (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹170. What is the loss (in ₹)?
- 24.What is 5% of 680?
- 25.A fan bought for ₹600 is sold for ₹570. What is the loss per cent?
- 26.A watch bought for ₹3800 is sold for ₹5320. What is the profit per cent?
- 27.What is 95% of 620?
- 28.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 3 years (in ₹)?
- 29.A cooler bought for ₹1800 is sold for ₹2160. What is the profit per cent?
- 30.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1950. What is the profit (in ₹)?
- 31.What is 15% of 380?
- 32.What is 90% of 220?
- 33.A cricket kit costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 34.A table bought for ₹600 is sold for ₹630. What is the profit per cent?
- 35.What is the simple interest on ₹2600 at 6% per year for 4 years (in ₹)?
- 36.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹2810. What is the loss (in ₹)?
- 37.The price of a pair of shoes changed from ₹40 to ₹42. What is the percentage increase?
- 38.What is the simple interest on ₹5200 at 3% per year for 5 years (in ₹)?
- 39.A mobile phone costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a watch for ₹950 and sells it for ₹1130. What is the profit (in ₹)?
Answer key
- 75
- 414
- 6048
- 360
- 72
- 133
- 25
- 15
- 1180
- 1725
- 60
- 20
- 12
- 20
- 1364
- 160
- 75
- 230
- 60
- 60
- 6864
- 1110
- 130
- 34
- 5
- 40
- 589
- 3498
- 20
- 200
- 57
- 198
- 1344
- 5
- 624
- 140
- 5
- 780
- 4025
- 180
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