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 cycle for ₹1600 and sells it for ₹1450. What is the loss (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 3 years (in ₹)?
- 3.What is 5% of 520?
- 4.A shopkeeper buys a fan for ₹2300 and sells it for ₹2450. What is the profit (in ₹)?
- 5.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹2000. What is the profit (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹4000 at 11% per year for 3 years (in ₹)?
- 7.A cycle bought for ₹2600 is sold for ₹2288. What is the loss per cent?
- 8.A table bought for ₹3200 is sold for ₹3840. What is the profit per cent?
- 9.A mobile phone bought for ₹200 is sold for ₹224. What is the profit per cent?
- 10.What is the simple interest on ₹1700 at 2% per year for 2 years (in ₹)?
- 11.A shopkeeper buys a table for ₹2750 and sells it for ₹2760. What is the profit (in ₹)?
- 12.A shopkeeper buys a fan for ₹1650 and sells it for ₹1570. What is the loss (in ₹)?
- 13.The price of a cricket ball changed from ₹200 to ₹120. What is the percentage decrease?
- 14.What is 60% of 560?
- 15.A mobile phone costs ₹1400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 16.A fan costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹750. What is the loss (in ₹)?
- 18.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
- 19.What is the amount (principal + simple interest) on ₹5100 at 11% per year for 4 years (in ₹)?
- 20.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
- 21.What is 55% of 100?
- 22.A fan costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.A sewing machine costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 24.A table costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 25.A cricket kit bought for ₹3100 is sold for ₹2635. What is the loss per cent?
- 26.The price of a bus pass changed from ₹100 to ₹110. What is the percentage increase?
- 27.What is 20% of 340?
- 28.What is the simple interest on ₹3600 at 6% per year for 4 years (in ₹)?
- 29.A cricket kit costs ₹1800. It is sold at a 10% loss. What is the selling price (in ₹)?
- 30.A table costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 31.What is 95% of 860?
- 32.A cricket kit bought for ₹400 is sold for ₹460. What is the profit per cent?
- 33.What is the simple interest on ₹5100 at 3% per year for 1 year (in ₹)?
- 34.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1420. What is the profit (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹4700 at 11% per year for 3 years (in ₹)?
- 36.A shopkeeper buys a table for ₹450 and sells it for ₹730. What is the profit (in ₹)?
- 37.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹630. What is the loss (in ₹)?
- 38.A fan costs ₹1300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 4 years (in ₹)?
- 40.A cycle costs ₹3000. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 150
- 4680
- 26
- 150
- 200
- 5320
- 12
- 20
- 12
- 68
- 10
- 80
- 40
- 336
- 1540
- 2750
- 50
- 40
- 7344
- 30
- 55
- 1300
- 2890
- 3255
- 15
- 10
- 68
- 864
- 1620
- 4290
- 817
- 15
- 153
- 170
- 6251
- 280
- 170
- 1430
- 4920
- 2850
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