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 amount (principal + simple interest) on ₹9100 at 3% per year for 1 year (in ₹)?
- 2.A cricket kit costs ₹4000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 3.What is 60% of 640?
- 4.What is the simple interest on ₹9400 at 4% per year for 5 years (in ₹)?
- 5.A shopkeeper buys a cricket kit for ₹1950 and sells it for ₹1850. What is the loss (in ₹)?
- 6.A table bought for ₹800 is sold for ₹1200. What is the profit per cent?
- 7.A shopkeeper buys a watch for ₹750 and sells it for ₹690. What is the loss (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹310. What is the loss (in ₹)?
- 9.A table bought for ₹2100 is sold for ₹2205. What is the profit per cent?
- 10.The price of a school bag changed from ₹200 to ₹50. What is the percentage decrease?
- 11.A cricket kit bought for ₹500 is sold for ₹400. What is the loss per cent?
- 12.The price of a bus pass changed from ₹400 to ₹408. What is the percentage increase?
- 13.What is the amount (principal + simple interest) on ₹4300 at 4% per year for 4 years (in ₹)?
- 14.What is the simple interest on ₹3500 at 8% per year for 5 years (in ₹)?
- 15.A table costs ₹4000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 16.A shopkeeper buys a table for ₹2100 and sells it for ₹2250. What is the profit (in ₹)?
- 17.A shopkeeper buys a watch for ₹1850 and sells it for ₹1690. What is the loss (in ₹)?
- 18.The price of a bus pass changed from ₹80 to ₹76. What is the percentage decrease?
- 19.What is the simple interest on ₹6900 at 5% per year for 3 years (in ₹)?
- 20.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹790. What is the loss (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 1 year (in ₹)?
- 22.A shopkeeper buys a fan for ₹1700 and sells it for ₹1690. What is the loss (in ₹)?
- 23.A cooler bought for ₹3500 is sold for ₹3920. What is the profit per cent?
- 24.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1070. What is the profit (in ₹)?
- 25.A shopkeeper buys a fan for ₹1650 and sells it for ₹1730. What is the profit (in ₹)?
- 26.A cooler bought for ₹3600 is sold for ₹3060. What is the loss per cent?
- 27.A sewing machine costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 28.A cycle costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.What is 80% of 320?
- 30.A mobile phone costs ₹900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 31.A cricket kit costs ₹2200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹2900 at 5% per year for 1 year (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹1000 at 8% per year for 3 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹7600 at 8% per year for 5 years (in ₹)?
- 35.A sewing machine bought for ₹1500 is sold for ₹900. What is the loss per cent?
- 36.A fan costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹4000 at 11% per year for 3 years (in ₹)?
- 38.A sewing machine bought for ₹700 is sold for ₹490. What is the loss per cent?
- 39.A mobile phone costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹810. What is the loss (in ₹)?
Answer key
- 9373
- 2400
- 384
- 1880
- 100
- 50
- 60
- 240
- 5
- 75
- 20
- 2
- 4988
- 1400
- 3400
- 150
- 160
- 5
- 1035
- 110
- 3286
- 10
- 12
- 220
- 80
- 15
- 1320
- 330
- 256
- 1035
- 3080
- 3045
- 1240
- 10640
- 40
- 4875
- 1320
- 30
- 2875
- 90
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