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.What is 55% of 500?
- 2.A fan costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 3.A cooler costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 4.A table costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8800 at 2% per year for 5 years (in ₹)?
- 6.A cooler bought for ₹1000 is sold for ₹1120. What is the profit per cent?
- 7.What is 85% of 500?
- 8.What is the amount (principal + simple interest) on ₹2900 at 5% per year for 3 years (in ₹)?
- 9.The price of a bus pass changed from ₹50 to ₹70. What is the percentage increase?
- 10.What is the simple interest on ₹5600 at 12% per year for 3 years (in ₹)?
- 11.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
- 12.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹1150. What is the profit (in ₹)?
- 13.A cricket kit bought for ₹3800 is sold for ₹1900. What is the loss per cent?
- 14.A shopkeeper buys a watch for ₹2900 and sells it for ₹3070. What is the profit (in ₹)?
- 15.A sewing machine bought for ₹1100 is sold for ₹825. What is the loss per cent?
- 16.What is the simple interest on ₹700 at 4% per year for 2 years (in ₹)?
- 17.A cycle costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹8100 at 9% per year for 1 year (in ₹)?
- 19.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
- 20.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹790. What is the profit (in ₹)?
- 21.What is 75% of 820?
- 22.What is the amount (principal + simple interest) on ₹7700 at 4% per year for 1 year (in ₹)?
- 23.A shopkeeper buys a watch for ₹650 and sells it for ₹410. What is the loss (in ₹)?
- 24.The price of a school bag changed from ₹20 to ₹28. What is the percentage increase?
- 25.A fan bought for ₹1300 is sold for ₹1456. What is the profit per cent?
- 26.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹1860. What is the loss (in ₹)?
- 27.What is the simple interest on ₹4500 at 3% per year for 5 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 1 year (in ₹)?
- 29.What is the simple interest on ₹9900 at 5% per year for 4 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 1 year (in ₹)?
- 31.The price of a school bag changed from ₹50 to ₹51. What is the percentage increase?
- 32.What is 60% of 700?
- 33.A shopkeeper buys a table for ₹1900 and sells it for ₹1950. What is the profit (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹3900 at 3% per year for 4 years (in ₹)?
- 35.What is 90% of 960?
- 36.What is the amount (principal + simple interest) on ₹6500 at 11% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a table for ₹2300 and sells it for ₹2230. What is the loss (in ₹)?
- 38.A cricket kit bought for ₹2600 is sold for ₹2990. What is the profit per cent?
- 39.A watch bought for ₹3500 is sold for ₹3325. What is the loss per cent?
- 40.A watch bought for ₹400 is sold for ₹352. What is the loss per cent?
Answer key
- 275
- 2016
- 450
- 1760
- 9680
- 12
- 425
- 3335
- 40
- 2016
- 40
- 300
- 50
- 170
- 25
- 56
- 2775
- 729
- 20
- 40
- 615
- 8008
- 240
- 40
- 12
- 190
- 675
- 3744
- 1980
- 3296
- 2
- 420
- 50
- 4368
- 864
- 10075
- 70
- 15
- 5
- 12
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