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 mobile phone for ₹1600 and sells it for ₹1670. What is the profit (in ₹)?
- 2.The price of a bus pass changed from ₹250 to ₹225. What is the percentage decrease?
- 3.What is the amount (principal + simple interest) on ₹700 at 6% per year for 5 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 1 year (in ₹)?
- 5.A watch bought for ₹500 is sold for ₹750. What is the profit per cent?
- 6.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹850. What is the profit (in ₹)?
- 7.What is the simple interest on ₹700 at 9% per year for 2 years (in ₹)?
- 8.The price of a school bag changed from ₹80 to ₹40. What is the percentage decrease?
- 9.What is 25% of 180?
- 10.A cycle bought for ₹3800 is sold for ₹3420. What is the loss per cent?
- 11.What is the simple interest on ₹5700 at 10% per year for 1 year (in ₹)?
- 12.What is 85% of 260?
- 13.A fan costs ₹1100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹9500 at 9% per year for 4 years (in ₹)?
- 15.A watch bought for ₹900 is sold for ₹1350. What is the profit per cent?
- 16.What is the simple interest on ₹8900 at 9% per year for 1 year (in ₹)?
- 17.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2390. What is the profit (in ₹)?
- 18.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹640. What is the profit (in ₹)?
- 19.A shopkeeper buys a table for ₹1950 and sells it for ₹1990. What is the profit (in ₹)?
- 20.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹970. What is the loss (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹4500 at 10% per year for 5 years (in ₹)?
- 22.What is the simple interest on ₹5900 at 5% per year for 2 years (in ₹)?
- 23.A shopkeeper buys a cooler for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
- 24.A cooler costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹7900 at 7% per year for 3 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹7100 at 2% per year for 4 years (in ₹)?
- 27.A fan costs ₹500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 28.A shopkeeper buys a table for ₹400 and sells it for ₹450. What is the profit (in ₹)?
- 29.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2180. What is the profit (in ₹)?
- 30.A cycle costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 31.The price of a water bottle changed from ₹100 to ₹90. What is the percentage decrease?
- 32.A fan bought for ₹600 is sold for ₹672. What is the profit per cent?
- 33.What is 25% of 380?
- 34.What is 25% of 760?
- 35.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2510. What is the loss (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 4 years (in ₹)?
- 37.The price of a pair of shoes changed from ₹100 to ₹175. What is the percentage increase?
- 38.A fan costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹4900 at 4% per year for 5 years (in ₹)?
- 40.What is 70% of 100?
Answer key
- 70
- 10
- 910
- 3240
- 50
- 50
- 126
- 50
- 45
- 10
- 570
- 221
- 1210
- 3420
- 50
- 801
- 140
- 290
- 40
- 130
- 6750
- 590
- 240
- 2520
- 1659
- 7668
- 750
- 50
- 80
- 2450
- 10
- 12
- 95
- 190
- 190
- 6480
- 75
- 2945
- 5880
- 70
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