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 sewing machine for ₹1650 and sells it for ₹1350. What is the loss (in ₹)?
- 2.A mobile phone bought for ₹2700 is sold for ₹2970. What is the profit per cent?
- 3.What is the simple interest on ₹7800 at 2% per year for 3 years (in ₹)?
- 4.The price of a bus pass changed from ₹400 to ₹360. What is the percentage decrease?
- 5.A watch bought for ₹800 is sold for ₹840. What is the profit per cent?
- 6.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
- 7.A table bought for ₹800 is sold for ₹960. What is the profit per cent?
- 8.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 2 years (in ₹)?
- 9.What is 35% of 640?
- 10.A sewing machine bought for ₹3000 is sold for ₹4200. What is the profit per cent?
- 11.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
- 12.What is 10% of 160?
- 13.A mobile phone costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 14.A fan bought for ₹2500 is sold for ₹2125. What is the loss per cent?
- 15.What is the amount (principal + simple interest) on ₹1100 at 10% per year for 5 years (in ₹)?
- 16.A shopkeeper buys a fan for ₹2100 and sells it for ₹2060. What is the loss (in ₹)?
- 17.A fan bought for ₹1100 is sold for ₹825. What is the loss per cent?
- 18.What is the simple interest on ₹3800 at 9% per year for 2 years (in ₹)?
- 19.What is the simple interest on ₹5800 at 10% per year for 3 years (in ₹)?
- 20.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹670. What is the loss (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹4100 at 7% per year for 3 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹6400 at 10% per year for 5 years (in ₹)?
- 23.What is 15% of 540?
- 24.What is 90% of 620?
- 25.A cycle bought for ₹3200 is sold for ₹2816. What is the loss per cent?
- 26.What is the simple interest on ₹2300 at 3% per year for 2 years (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹800 at 2% per year for 1 year (in ₹)?
- 28.A cycle costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 29.A mobile phone bought for ₹1700 is sold for ₹1955. What is the profit per cent?
- 30.A table costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 1 year (in ₹)?
- 32.A shopkeeper buys a fan for ₹1900 and sells it for ₹1690. What is the loss (in ₹)?
- 33.A mobile phone bought for ₹2500 is sold for ₹1500. What is the loss per cent?
- 34.A shopkeeper buys a fan for ₹2050 and sells it for ₹2120. What is the profit (in ₹)?
- 35.What is 25% of 60?
- 36.What is the simple interest on ₹2500 at 8% per year for 5 years (in ₹)?
- 37.The price of a cricket ball changed from ₹80 to ₹72. What is the percentage decrease?
- 38.What is 15% of 80?
- 39.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 40.What is 65% of 680?
Answer key
- 300
- 10
- 468
- 10
- 5
- 60
- 20
- 10858
- 224
- 40
- 60
- 16
- 1520
- 15
- 1650
- 40
- 25
- 684
- 1740
- 280
- 4961
- 9600
- 81
- 558
- 12
- 138
- 816
- 704
- 15
- 1040
- 8715
- 210
- 40
- 70
- 15
- 1000
- 10
- 12
- 20
- 442
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