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 30% of 860?
- 2.A shopkeeper buys a watch for ₹2250 and sells it for ₹2190. What is the loss (in ₹)?
- 3.A shopkeeper buys a fan for ₹2600 and sells it for ₹2540. What is the loss (in ₹)?
- 4.What is the simple interest on ₹2500 at 5% per year for 5 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹9600 at 8% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹1700 at 10% per year for 3 years (in ₹)?
- 7.What is 65% of 580?
- 8.What is 80% of 600?
- 9.The price of a cricket ball changed from ₹500 to ₹510. What is the percentage increase?
- 10.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
- 11.The price of a cricket ball changed from ₹100 to ₹175. What is the percentage increase?
- 12.The price of a bus pass changed from ₹400 to ₹480. What is the percentage increase?
- 13.What is the amount (principal + simple interest) on ₹1600 at 11% per year for 3 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹6400 at 6% per year for 5 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 5 years (in ₹)?
- 16.A cricket kit costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 17.A shopkeeper buys a watch for ₹250 and sells it for ₹380. What is the profit (in ₹)?
- 18.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1040. What is the loss (in ₹)?
- 19.What is 65% of 340?
- 20.A cricket kit bought for ₹3900 is sold for ₹3120. What is the loss per cent?
- 21.What is 60% of 620?
- 22.A shopkeeper buys a table for ₹250 and sells it for ₹220. What is the loss (in ₹)?
- 23.The price of a water bottle changed from ₹400 to ₹392. What is the percentage decrease?
- 24.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 25.What is the amount (principal + simple interest) on ₹3600 at 7% per year for 2 years (in ₹)?
- 26.What is the simple interest on ₹5100 at 3% per year for 2 years (in ₹)?
- 27.What is the simple interest on ₹1300 at 4% per year for 2 years (in ₹)?
- 28.A shopkeeper buys a watch for ₹1900 and sells it for ₹1780. What is the loss (in ₹)?
- 29.A cricket kit costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 30.A cycle bought for ₹2900 is sold for ₹2755. What is the loss per cent?
- 31.A shopkeeper buys a fan for ₹2500 and sells it for ₹2570. What is the profit (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹3500 at 3% per year for 2 years (in ₹)?
- 33.A cooler bought for ₹200 is sold for ₹224. What is the profit per cent?
- 34.What is 15% of 60?
- 35.What is the simple interest on ₹3700 at 7% per year for 2 years (in ₹)?
- 36.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2990. What is the profit (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹900 at 10% per year for 2 years (in ₹)?
- 38.A watch bought for ₹400 is sold for ₹320. What is the loss per cent?
- 39.The price of a box of mangoes changed from ₹500 to ₹350. What is the percentage decrease?
- 40.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1990. What is the profit (in ₹)?
Answer key
- 258
- 60
- 60
- 625
- 10368
- 2210
- 377
- 480
- 2
- 20
- 75
- 20
- 2128
- 8320
- 2280
- 990
- 130
- 10
- 221
- 20
- 372
- 30
- 2
- 20
- 4104
- 306
- 104
- 120
- 1050
- 5
- 70
- 3710
- 12
- 9
- 518
- 240
- 1080
- 20
- 30
- 290
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