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 ₹500 and sells it for ₹670. What is the profit (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 1 year (in ₹)?
- 3.What is 60% of 820?
- 4.What is the amount (principal + simple interest) on ₹4600 at 10% per year for 5 years (in ₹)?
- 5.A sewing machine costs ₹3800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹10000 at 4% per year for 1 year (in ₹)?
- 7.A shopkeeper buys a table for ₹650 and sells it for ₹670. What is the profit (in ₹)?
- 8.What is the simple interest on ₹3800 at 12% per year for 4 years (in ₹)?
- 9.A watch costs ₹3500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 10.The price of a box of mangoes changed from ₹250 to ₹50. What is the percentage decrease?
- 11.What is 25% of 760?
- 12.A watch bought for ₹1400 is sold for ₹1190. What is the loss per cent?
- 13.A shopkeeper buys a cricket kit for ₹1400 and sells it for ₹1650. What is the profit (in ₹)?
- 14.A mobile phone costs ₹3400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 15.A table costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 16.A table bought for ₹2900 is sold for ₹2320. What is the loss per cent?
- 17.What is the amount (principal + simple interest) on ₹9200 at 6% per year for 3 years (in ₹)?
- 18.A fan costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹1300 at 2% per year for 1 year (in ₹)?
- 20.A cycle costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹4300 at 4% per year for 1 year (in ₹)?
- 22.A fan bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 23.A cycle costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 24.A watch costs ₹2900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 25.What is 20% of 200?
- 26.The price of a school bag changed from ₹250 to ₹50. What is the percentage decrease?
- 27.A shopkeeper buys a fan for ₹200 and sells it for ₹160. What is the loss (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹1500 at 6% per year for 3 years (in ₹)?
- 29.A sewing machine costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 30.What is the simple interest on ₹4600 at 3% per year for 2 years (in ₹)?
- 31.The price of a cricket ball changed from ₹50 to ₹35. What is the percentage decrease?
- 32.A sewing machine costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 33.A cricket kit bought for ₹1200 is sold for ₹840. What is the loss per cent?
- 34.What is the simple interest on ₹8900 at 10% per year for 3 years (in ₹)?
- 35.A fan bought for ₹2600 is sold for ₹3900. What is the profit per cent?
- 36.The price of a water bottle changed from ₹20 to ₹24. What is the percentage increase?
- 37.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹740. What is the profit (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 1 year (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹2500 at 6% per year for 5 years (in ₹)?
- 40.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹1050. What is the profit (in ₹)?
Answer key
- 170
- 1854
- 492
- 6900
- 2280
- 10400
- 20
- 1824
- 3675
- 80
- 190
- 15
- 250
- 1700
- 896
- 20
- 10856
- 6000
- 26
- 2340
- 4472
- 20
- 2552
- 2320
- 40
- 80
- 40
- 1770
- 480
- 276
- 30
- 990
- 30
- 2670
- 50
- 20
- 240
- 3432
- 3250
- 100
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