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 ₹6800 at 10% per year for 3 years (in ₹)?
- 2.The price of a water bottle changed from ₹40 to ₹38. What is the percentage decrease?
- 3.A sewing machine bought for ₹2000 is sold for ₹1600. What is the loss per cent?
- 4.A cycle bought for ₹3500 is sold for ₹2975. What is the loss per cent?
- 5.What is 5% of 620?
- 6.A sewing machine bought for ₹3000 is sold for ₹2640. What is the loss per cent?
- 7.A sewing machine bought for ₹1800 is sold for ₹1080. What is the loss per cent?
- 8.A cricket kit costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 9.A fan bought for ₹1600 is sold for ₹1200. What is the loss per cent?
- 10.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹1840. What is the loss (in ₹)?
- 11.What is 45% of 760?
- 12.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1160. What is the profit (in ₹)?
- 13.A sewing machine costs ₹2900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 14.A cricket kit bought for ₹900 is sold for ₹792. What is the loss per cent?
- 15.What is 90% of 420?
- 16.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1150. What is the loss (in ₹)?
- 17.A sewing machine costs ₹3300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 18.The price of a school bag changed from ₹80 to ₹64. What is the percentage decrease?
- 19.What is the simple interest on ₹8800 at 8% per year for 1 year (in ₹)?
- 20.A shopkeeper buys a fan for ₹1300 and sells it for ₹1030. What is the loss (in ₹)?
- 21.A shopkeeper buys a table for ₹400 and sells it for ₹360. What is the loss (in ₹)?
- 22.What is the simple interest on ₹9800 at 8% per year for 5 years (in ₹)?
- 23.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹3000. What is the profit (in ₹)?
- 24.What is 5% of 60?
- 25.A cooler bought for ₹3900 is sold for ₹3510. What is the loss per cent?
- 26.What is 55% of 640?
- 27.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2060. What is the profit (in ₹)?
- 28.A cricket kit costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹3100 at 3% per year for 2 years (in ₹)?
- 30.What is 90% of 660?
- 31.What is the simple interest on ₹8800 at 12% per year for 4 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹600 at 8% per year for 2 years (in ₹)?
- 33.A mobile phone bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 34.A watch costs ₹2600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 35.A watch bought for ₹1300 is sold for ₹1560. What is the profit per cent?
- 36.What is the simple interest on ₹1100 at 5% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a fan for ₹550 and sells it for ₹490. What is the loss (in ₹)?
- 38.A sewing machine bought for ₹2700 is sold for ₹2430. What is the loss per cent?
- 39.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹290. What is the profit (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 4 years (in ₹)?
Answer key
- 2040
- 5
- 20
- 15
- 31
- 12
- 40
- 1190
- 25
- 10
- 342
- 110
- 4060
- 12
- 378
- 50
- 3795
- 20
- 704
- 270
- 40
- 3920
- 200
- 3
- 10
- 352
- 10
- 420
- 3286
- 594
- 4224
- 696
- 5
- 2990
- 20
- 275
- 60
- 10
- 40
- 2992
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