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 the simple interest on ₹3900 at 7% per year for 1 year (in ₹)?
- 2.The price of a bus pass changed from ₹80 to ₹104. What is the percentage increase?
- 3.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1360. What is the profit (in ₹)?
- 4.A cycle costs ₹3800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 5.What is the simple interest on ₹6400 at 4% per year for 1 year (in ₹)?
- 6.A fan costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 7.A watch costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 8.A sewing machine bought for ₹2900 is sold for ₹1740. What is the loss per cent?
- 9.What is 45% of 100?
- 10.A shopkeeper buys a fan for ₹1850 and sells it for ₹1970. What is the profit (in ₹)?
- 11.A cycle bought for ₹2000 is sold for ₹1400. What is the loss per cent?
- 12.What is the amount (principal + simple interest) on ₹5000 at 3% per year for 2 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹2700 at 2% per year for 4 years (in ₹)?
- 14.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹440. What is the profit (in ₹)?
- 15.The price of a school bag changed from ₹20 to ₹30. What is the percentage increase?
- 16.What is 60% of 660?
- 17.The price of a box of mangoes changed from ₹200 to ₹140. What is the percentage decrease?
- 18.A cricket kit costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 19.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
- 20.A cricket kit costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 21.A sewing machine bought for ₹2900 is sold for ₹2465. What is the loss per cent?
- 22.A shopkeeper buys a table for ₹1600 and sells it for ₹1540. What is the loss (in ₹)?
- 23.What is the simple interest on ₹5300 at 3% per year for 2 years (in ₹)?
- 24.What is the simple interest on ₹8700 at 4% per year for 1 year (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹800 at 3% per year for 2 years (in ₹)?
- 26.What is the simple interest on ₹7200 at 4% per year for 2 years (in ₹)?
- 27.A mobile phone bought for ₹700 is sold for ₹875. What is the profit per cent?
- 28.What is 10% of 140?
- 29.A shopkeeper buys a sewing machine for ₹2400 and sells it for ₹2190. What is the loss (in ₹)?
- 30.A cricket kit costs ₹3400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 31.A mobile phone costs ₹2400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 32.What is 80% of 680?
- 33.The price of a box of mangoes changed from ₹200 to ₹196. What is the percentage decrease?
- 34.A watch bought for ₹3800 is sold for ₹3230. What is the loss per cent?
- 35.A cycle bought for ₹400 is sold for ₹600. What is the profit per cent?
- 36.What is the simple interest on ₹3300 at 3% per year for 2 years (in ₹)?
- 37.The price of a pair of shoes changed from ₹50 to ₹25. What is the percentage decrease?
- 38.A sewing machine costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 39.A mobile phone costs ₹2900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 40.The price of a pair of shoes changed from ₹40 to ₹30. What is the percentage decrease?
Answer key
- 273
- 30
- 10
- 3230
- 256
- 1232
- 2376
- 40
- 45
- 120
- 30
- 5300
- 2916
- 140
- 50
- 396
- 30
- 2970
- 20
- 1232
- 15
- 60
- 318
- 348
- 848
- 576
- 25
- 14
- 210
- 3060
- 3000
- 544
- 2
- 15
- 50
- 198
- 50
- 2875
- 2552
- 25
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