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 fan for ₹2800 and sells it for ₹2550. What is the loss (in ₹)?
- 2.What is the simple interest on ₹4400 at 2% per year for 2 years (in ₹)?
- 3.What is 45% of 940?
- 4.What is 65% of 280?
- 5.What is the amount (principal + simple interest) on ₹8900 at 8% per year for 5 years (in ₹)?
- 6.A cricket kit bought for ₹700 is sold for ₹595. What is the loss per cent?
- 7.The price of a box of mangoes changed from ₹250 to ₹350. What is the percentage increase?
- 8.A cooler bought for ₹700 is sold for ₹560. What is the loss per cent?
- 9.What is the amount (principal + simple interest) on ₹1300 at 9% per year for 1 year (in ₹)?
- 10.What is the simple interest on ₹7900 at 12% per year for 2 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹5900 at 8% per year for 1 year (in ₹)?
- 12.The price of a pair of shoes changed from ₹40 to ₹64. What is the percentage increase?
- 13.What is 45% of 760?
- 14.What is 25% of 240?
- 15.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹950. What is the loss (in ₹)?
- 16.The price of a cricket ball changed from ₹400 to ₹520. What is the percentage increase?
- 17.What is 5% of 200?
- 18.A shopkeeper buys a fan for ₹2250 and sells it for ₹2180. What is the loss (in ₹)?
- 19.A sewing machine costs ₹1000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 20.What is 60% of 820?
- 21.A cooler costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 22.A shopkeeper buys a table for ₹200 and sells it for ₹340. What is the profit (in ₹)?
- 23.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1620. What is the loss (in ₹)?
- 24.A table bought for ₹2800 is sold for ₹2464. What is the loss per cent?
- 25.What is 15% of 860?
- 26.What is the simple interest on ₹2300 at 8% per year for 3 years (in ₹)?
- 27.A sewing machine bought for ₹500 is sold for ₹450. What is the loss per cent?
- 28.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 4 years (in ₹)?
- 29.A shopkeeper buys a fan for ₹2450 and sells it for ₹2390. What is the loss (in ₹)?
- 30.A watch costs ₹2600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 31.What is 15% of 180?
- 32.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 4 years (in ₹)?
- 33.A cooler costs ₹2400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 34.What is 25% of 220?
- 35.What is 20% of 960?
- 36.What is the simple interest on ₹7400 at 4% per year for 3 years (in ₹)?
- 37.A table bought for ₹3900 is sold for ₹3432. What is the loss per cent?
- 38.The price of a bus pass changed from ₹20 to ₹18. What is the percentage decrease?
- 39.A shopkeeper buys a fan for ₹2050 and sells it for ₹2300. What is the profit (in ₹)?
- 40.What is the simple interest on ₹7400 at 2% per year for 3 years (in ₹)?
Answer key
- 250
- 176
- 423
- 182
- 12460
- 15
- 40
- 20
- 1417
- 1896
- 6372
- 60
- 342
- 60
- 50
- 30
- 10
- 70
- 600
- 492
- 345
- 140
- 80
- 12
- 129
- 552
- 10
- 6944
- 60
- 3120
- 27
- 6160
- 3360
- 55
- 192
- 888
- 12
- 10
- 250
- 444
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