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 mobile phone bought for ₹300 is sold for ₹375. What is the profit per cent?
- 2.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 2 years (in ₹)?
- 3.What is 20% of 680?
- 4.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 5 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹2900 at 10% per year for 1 year (in ₹)?
- 6.A fan bought for ₹2800 is sold for ₹2940. What is the profit per cent?
- 7.What is the simple interest on ₹1600 at 7% per year for 5 years (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1290. What is the profit (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹470. What is the loss (in ₹)?
- 10.A shopkeeper buys a fan for ₹1300 and sells it for ₹1550. What is the profit (in ₹)?
- 11.A watch costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 12.What is 10% of 80?
- 13.What is 10% of 820?
- 14.The price of a water bottle changed from ₹40 to ₹44. What is the percentage increase?
- 15.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
- 16.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 5 years (in ₹)?
- 17.What is 75% of 60?
- 18.A table bought for ₹400 is sold for ₹560. What is the profit per cent?
- 19.What is the amount (principal + simple interest) on ₹6800 at 8% per year for 4 years (in ₹)?
- 20.A fan bought for ₹500 is sold for ₹600. What is the profit per cent?
- 21.What is the simple interest on ₹2300 at 4% per year for 4 years (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹1400 and sells it for ₹1540. What is the profit (in ₹)?
- 23.A sewing machine costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 24.What is 25% of 180?
- 25.The price of a water bottle changed from ₹200 to ₹350. What is the percentage increase?
- 26.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
- 27.What is the amount (principal + simple interest) on ₹900 at 11% per year for 4 years (in ₹)?
- 28.A shopkeeper buys a cooler for ₹450 and sells it for ₹620. What is the profit (in ₹)?
- 29.The price of a pair of shoes changed from ₹80 to ₹144. What is the percentage increase?
- 30.What is 45% of 340?
- 31.What is 45% of 640?
- 32.What is 30% of 80?
- 33.The price of a bus pass changed from ₹20 to ₹16. What is the percentage decrease?
- 34.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹1990. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2000 at 7% per year for 2 years (in ₹)?
- 36.What is the simple interest on ₹7400 at 2% per year for 3 years (in ₹)?
- 37.A watch bought for ₹1300 is sold for ₹780. What is the loss per cent?
- 38.A cycle bought for ₹1100 is sold for ₹968. What is the loss per cent?
- 39.What is the amount (principal + simple interest) on ₹2400 at 7% per year for 3 years (in ₹)?
- 40.What is 5% of 420?
Answer key
- 25
- 8880
- 136
- 4640
- 3190
- 5
- 560
- 40
- 30
- 250
- 1568
- 8
- 82
- 10
- 50
- 5720
- 45
- 40
- 8976
- 20
- 368
- 140
- 1955
- 45
- 75
- 20
- 1296
- 170
- 80
- 153
- 288
- 24
- 20
- 260
- 2280
- 444
- 40
- 12
- 2904
- 21
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