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 cricket kit for ₹1250 and sells it for ₹1190. What is the loss (in ₹)?
- 2.What is 15% of 560?
- 3.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 5 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹9100 at 12% per year for 1 year (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹7200 at 11% per year for 5 years (in ₹)?
- 6.A table costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2650 and sells it for ₹2710. What is the profit (in ₹)?
- 8.What is 80% of 960?
- 9.A fan costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 10.A watch costs ₹3200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹1500 at 8% per year for 5 years (in ₹)?
- 12.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
- 13.What is the amount (principal + simple interest) on ₹6000 at 6% per year for 4 years (in ₹)?
- 14.A shopkeeper buys a table for ₹2300 and sells it for ₹2040. What is the loss (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹1500 at 11% per year for 2 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 1 year (in ₹)?
- 17.What is 75% of 540?
- 18.What is the amount (principal + simple interest) on ₹3000 at 3% per year for 3 years (in ₹)?
- 19.A fan bought for ₹900 is sold for ₹810. What is the loss per cent?
- 20.A shopkeeper buys a watch for ₹2850 and sells it for ₹3030. What is the profit (in ₹)?
- 21.A shopkeeper buys a cooler for ₹1400 and sells it for ₹1630. What is the profit (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹3000 at 5% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹7300 at 9% per year for 3 years (in ₹)?
- 24.A cricket kit costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 25.A watch costs ₹1500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 26.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
- 27.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
- 28.What is the simple interest on ₹2700 at 5% per year for 1 year (in ₹)?
- 29.A table bought for ₹4000 is sold for ₹4800. What is the profit per cent?
- 30.The price of a school bag changed from ₹250 to ₹300. What is the percentage increase?
- 31.The price of a water bottle changed from ₹500 to ₹300. What is the percentage decrease?
- 32.What is the simple interest on ₹900 at 5% per year for 1 year (in ₹)?
- 33.What is 45% of 420?
- 34.A shopkeeper buys a watch for ₹800 and sells it for ₹1090. What is the profit (in ₹)?
- 35.A table bought for ₹600 is sold for ₹450. What is the loss per cent?
- 36.A fan bought for ₹3600 is sold for ₹2160. What is the loss per cent?
- 37.A shopkeeper buys a table for ₹1850 and sells it for ₹2100. What is the profit (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 4 years (in ₹)?
- 39.What is the simple interest on ₹2900 at 4% per year for 4 years (in ₹)?
- 40.What is 65% of 680?
Answer key
- 60
- 84
- 1600
- 10192
- 11160
- 3500
- 60
- 768
- 3840
- 3584
- 2100
- 40
- 7440
- 260
- 1830
- 10094
- 405
- 3270
- 10
- 180
- 230
- 3150
- 1971
- 2420
- 1650
- 10
- 20
- 135
- 20
- 20
- 40
- 45
- 189
- 290
- 25
- 40
- 250
- 1344
- 464
- 442
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