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 95% of 920?
- 2.What is 25% of 860?
- 3.What is the simple interest on ₹4100 at 6% per year for 1 year (in ₹)?
- 4.What is 25% of 840?
- 5.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1630. What is the profit (in ₹)?
- 6.What is the simple interest on ₹2300 at 3% per year for 4 years (in ₹)?
- 7.A cycle costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 8.What is 15% of 680?
- 9.A cooler costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 10.A cycle costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹1600 at 6% per year for 1 year (in ₹)?
- 12.What is the simple interest on ₹7700 at 3% per year for 2 years (in ₹)?
- 13.A cooler costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹2600 at 11% per year for 2 years (in ₹)?
- 15.A cycle bought for ₹2500 is sold for ₹2200. What is the loss per cent?
- 16.A shopkeeper buys a fan for ₹2600 and sells it for ₹2620. What is the profit (in ₹)?
- 17.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹1280. What is the profit (in ₹)?
- 18.What is 95% of 560?
- 19.What is 15% of 920?
- 20.What is the amount (principal + simple interest) on ₹4500 at 5% per year for 1 year (in ₹)?
- 21.A watch bought for ₹3600 is sold for ₹3420. What is the loss per cent?
- 22.What is the simple interest on ₹8500 at 6% per year for 5 years (in ₹)?
- 23.A cooler costs ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 24.A sewing machine costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 25.A table costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 26.A fan bought for ₹3200 is sold for ₹2880. What is the loss per cent?
- 27.A shopkeeper buys a cooler for ₹550 and sells it for ₹260. What is the loss (in ₹)?
- 28.A cycle costs ₹3300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 29.What is 45% of 900?
- 30.A cricket kit costs ₹1200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 31.What is 20% of 60?
- 32.What is the simple interest on ₹1700 at 3% per year for 4 years (in ₹)?
- 33.A shopkeeper buys a cycle for ₹1800 and sells it for ₹1780. What is the loss (in ₹)?
- 34.A cooler bought for ₹400 is sold for ₹240. What is the loss per cent?
- 35.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹790. What is the profit (in ₹)?
- 36.A table bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 37.What is 85% of 640?
- 38.What is 25% of 140?
- 39.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2110. What is the loss (in ₹)?
- 40.A fan bought for ₹2900 is sold for ₹3190. What is the profit per cent?
Answer key
- 874
- 215
- 246
- 210
- 130
- 276
- 3220
- 102
- 640
- 2340
- 1696
- 462
- 1260
- 572
- 12
- 20
- 230
- 532
- 138
- 4725
- 5
- 2550
- 3410
- 3125
- 3080
- 10
- 290
- 3960
- 405
- 1140
- 12
- 204
- 20
- 40
- 40
- 12
- 544
- 35
- 240
- 10
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