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 watch for ₹800 and sells it for ₹790. What is the loss (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹1100 at 8% per year for 4 years (in ₹)?
- 3.What is 85% of 680?
- 4.What is 90% of 540?
- 5.The price of a cricket ball changed from ₹400 to ₹560. What is the percentage increase?
- 6.The price of a cricket ball changed from ₹50 to ₹70. What is the percentage increase?
- 7.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 2 years (in ₹)?
- 8.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
- 9.A watch bought for ₹3300 is sold for ₹4125. What is the profit per cent?
- 10.What is 30% of 560?
- 11.A sewing machine costs ₹3800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1200. What is the profit (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 1 year (in ₹)?
- 14.A cricket kit costs ₹1200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹3000 at 4% per year for 3 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 1 year (in ₹)?
- 17.A cricket kit costs ₹3600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 18.A shopkeeper buys a fan for ₹1600 and sells it for ₹1410. What is the loss (in ₹)?
- 19.A mobile phone costs ₹1700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 3 years (in ₹)?
- 21.What is 55% of 560?
- 22.The price of a box of mangoes changed from ₹100 to ₹70. What is the percentage decrease?
- 23.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
- 24.The price of a bus pass changed from ₹40 to ₹50. What is the percentage increase?
- 25.The price of a pair of shoes changed from ₹400 to ₹360. What is the percentage decrease?
- 26.A mobile phone costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 27.A shopkeeper buys a cycle for ₹1950 and sells it for ₹2190. What is the profit (in ₹)?
- 28.What is 10% of 180?
- 29.A cooler bought for ₹3700 is sold for ₹2220. What is the loss per cent?
- 30.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
- 31.The price of a box of mangoes changed from ₹400 to ₹600. What is the percentage increase?
- 32.A cycle costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 5 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹700 at 4% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹6300 at 5% per year for 1 year (in ₹)?
- 36.A cycle costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹9800 at 2% per year for 4 years (in ₹)?
- 38.What is the simple interest on ₹6400 at 12% per year for 5 years (in ₹)?
- 39.What is 45% of 320?
- 40.A mobile phone costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 10
- 1452
- 578
- 486
- 40
- 40
- 8320
- 80
- 25
- 168
- 4370
- 100
- 3120
- 1800
- 3360
- 4888
- 1800
- 190
- 2125
- 8060
- 308
- 30
- 20
- 25
- 10
- 1750
- 240
- 18
- 40
- 30
- 50
- 630
- 4320
- 728
- 315
- 3910
- 10584
- 3840
- 144
- 448
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