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 cooler costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 2.What is the simple interest on ₹4900 at 2% per year for 5 years (in ₹)?
- 3.What is the simple interest on ₹7700 at 12% per year for 3 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹5500 at 9% per year for 1 year (in ₹)?
- 5.The price of a bus pass changed from ₹20 to ₹12. What is the percentage decrease?
- 6.The price of a box of mangoes changed from ₹40 to ₹30. What is the percentage decrease?
- 7.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2130. What is the profit (in ₹)?
- 8.A shopkeeper buys a cycle for ₹350 and sells it for ₹300. What is the loss (in ₹)?
- 9.What is 60% of 900?
- 10.What is the amount (principal + simple interest) on ₹6400 at 7% per year for 1 year (in ₹)?
- 11.A cooler costs ₹3400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2450. What is the loss (in ₹)?
- 13.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1070. What is the loss (in ₹)?
- 14.A cycle bought for ₹2700 is sold for ₹3105. What is the profit per cent?
- 15.What is the amount (principal + simple interest) on ₹9400 at 4% per year for 4 years (in ₹)?
- 16.A sewing machine costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 17.What is 20% of 260?
- 18.What is the amount (principal + simple interest) on ₹5600 at 9% per year for 1 year (in ₹)?
- 19.A fan bought for ₹3600 is sold for ₹3780. What is the profit per cent?
- 20.A cricket kit bought for ₹4000 is sold for ₹4800. What is the profit per cent?
- 21.A shopkeeper buys a table for ₹900 and sells it for ₹690. What is the loss (in ₹)?
- 22.What is 20% of 580?
- 23.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 1 year (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹6400 at 9% per year for 1 year (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹3500 at 7% per year for 1 year (in ₹)?
- 26.What is 75% of 900?
- 27.What is the amount (principal + simple interest) on ₹2900 at 11% per year for 1 year (in ₹)?
- 28.What is 95% of 900?
- 29.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
- 30.A table bought for ₹3000 is sold for ₹3600. What is the profit per cent?
- 31.A shopkeeper buys a fan for ₹500 and sells it for ₹410. What is the loss (in ₹)?
- 32.What is the simple interest on ₹2100 at 7% per year for 2 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹5400 at 6% per year for 3 years (in ₹)?
- 34.A shopkeeper buys a cooler for ₹500 and sells it for ₹730. What is the profit (in ₹)?
- 35.A sewing machine costs ₹1700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 36.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
- 37.A table costs ₹1700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 38.A mobile phone bought for ₹1400 is sold for ₹1820. What is the profit per cent?
- 39.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹960. What is the profit (in ₹)?
- 40.What is the simple interest on ₹5600 at 8% per year for 5 years (in ₹)?
Answer key
- 500
- 490
- 2772
- 5995
- 40
- 25
- 30
- 50
- 540
- 6848
- 4760
- 250
- 30
- 15
- 10904
- 2040
- 52
- 6104
- 5
- 20
- 210
- 116
- 6741
- 6976
- 3745
- 675
- 3219
- 855
- 30
- 20
- 90
- 294
- 6372
- 230
- 1360
- 10
- 2380
- 30
- 110
- 2240
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