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 ₹2450 and sells it for ₹2250. What is the loss (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹7900 at 11% per year for 4 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹4800 at 3% per year for 4 years (in ₹)?
- 4.The price of a school bag changed from ₹80 to ₹76. What is the percentage decrease?
- 5.What is the simple interest on ₹5800 at 2% per year for 2 years (in ₹)?
- 6.What is 90% of 840?
- 7.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
- 8.What is the simple interest on ₹6500 at 9% per year for 3 years (in ₹)?
- 9.A sewing machine costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹6100 at 11% per year for 2 years (in ₹)?
- 11.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1370. What is the loss (in ₹)?
- 12.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹2730. What is the loss (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 1 year (in ₹)?
- 14.The price of a box of mangoes changed from ₹250 to ₹350. What is the percentage increase?
- 15.What is the amount (principal + simple interest) on ₹3500 at 9% per year for 3 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹3000 at 2% per year for 4 years (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹1270. What is the profit (in ₹)?
- 18.What is 45% of 100?
- 19.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2480. What is the profit (in ₹)?
- 20.A watch bought for ₹1400 is sold for ₹1260. What is the loss per cent?
- 21.A table bought for ₹3200 is sold for ₹3680. What is the profit per cent?
- 22.The price of a pair of shoes changed from ₹40 to ₹56. What is the percentage increase?
- 23.What is 15% of 1000?
- 24.What is the simple interest on ₹4000 at 10% per year for 3 years (in ₹)?
- 25.The price of a cricket ball changed from ₹400 to ₹408. What is the percentage increase?
- 26.What is 20% of 160?
- 27.What is the simple interest on ₹9700 at 7% per year for 5 years (in ₹)?
- 28.A mobile phone bought for ₹4000 is sold for ₹5000. What is the profit per cent?
- 29.A cycle costs ₹1700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 30.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2710. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹4600 at 2% per year for 2 years (in ₹)?
- 32.What is 45% of 520?
- 33.A cooler costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 34.A shopkeeper buys a watch for ₹300 and sells it for ₹350. What is the profit (in ₹)?
- 35.A watch costs ₹300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 36.A shopkeeper buys a cycle for ₹1150 and sells it for ₹970. What is the loss (in ₹)?
- 37.A table costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹6700 at 10% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹8500 at 7% per year for 5 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹8700 at 9% per year for 2 years (in ₹)?
Answer key
- 200
- 11376
- 5376
- 5
- 232
- 756
- 40
- 1755
- 2904
- 7442
- 230
- 220
- 2442
- 40
- 4445
- 3240
- 220
- 45
- 80
- 10
- 15
- 40
- 150
- 1200
- 2
- 32
- 3395
- 25
- 2550
- 260
- 4784
- 234
- 990
- 50
- 150
- 180
- 1105
- 1340
- 11475
- 10266
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