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 ₹2000 and sells it for ₹2100. What is the profit (in ₹)?
- 2.What is the simple interest on ₹1800 at 2% per year for 2 years (in ₹)?
- 3.What is 25% of 60?
- 4.A fan bought for ₹300 is sold for ₹264. What is the loss per cent?
- 5.What is the amount (principal + simple interest) on ₹5100 at 6% per year for 3 years (in ₹)?
- 6.A cooler costs ₹2100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 7.The price of a water bottle changed from ₹400 to ₹40. What is the percentage decrease?
- 8.A shopkeeper buys a cooler for ₹900 and sells it for ₹780. What is the loss (in ₹)?
- 9.What is 60% of 300?
- 10.A sewing machine costs ₹1500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 11.A mobile phone costs ₹1400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a cooler for ₹750 and sells it for ₹610. What is the loss (in ₹)?
- 13.A sewing machine bought for ₹2000 is sold for ₹1700. What is the loss per cent?
- 14.A sewing machine bought for ₹1600 is sold for ₹1360. What is the loss per cent?
- 15.What is the simple interest on ₹5900 at 7% per year for 4 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹5900 at 11% per year for 1 year (in ₹)?
- 17.What is 75% of 200?
- 18.What is the amount (principal + simple interest) on ₹9800 at 6% per year for 5 years (in ₹)?
- 19.A cycle bought for ₹900 is sold for ₹675. What is the loss per cent?
- 20.A table bought for ₹1400 is sold for ₹840. What is the loss per cent?
- 21.The price of a bus pass changed from ₹200 to ₹204. What is the percentage increase?
- 22.What is 35% of 140?
- 23.A table bought for ₹2700 is sold for ₹2295. What is the loss per cent?
- 24.What is 20% of 60?
- 25.What is the amount (principal + simple interest) on ₹700 at 10% per year for 3 years (in ₹)?
- 26.The price of a bus pass changed from ₹40 to ₹44. What is the percentage increase?
- 27.What is 90% of 220?
- 28.What is the simple interest on ₹7300 at 4% per year for 3 years (in ₹)?
- 29.A mobile phone costs ₹600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹3200 at 3% per year for 5 years (in ₹)?
- 31.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹1930. What is the loss (in ₹)?
- 32.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 33.What is 35% of 940?
- 34.What is the amount (principal + simple interest) on ₹9500 at 9% per year for 5 years (in ₹)?
- 35.A cycle bought for ₹3400 is sold for ₹2720. What is the loss per cent?
- 36.What is the amount (principal + simple interest) on ₹5600 at 7% per year for 2 years (in ₹)?
- 37.What is the simple interest on ₹8700 at 8% per year for 5 years (in ₹)?
- 38.What is the simple interest on ₹5800 at 12% per year for 5 years (in ₹)?
- 39.What is 95% of 620?
- 40.What is 60% of 260?
Answer key
- 100
- 72
- 15
- 12
- 6018
- 1995
- 90
- 120
- 180
- 1950
- 1540
- 140
- 15
- 15
- 1652
- 6549
- 150
- 12740
- 25
- 40
- 2
- 49
- 15
- 12
- 910
- 10
- 198
- 876
- 720
- 3680
- 270
- 20
- 329
- 13775
- 20
- 6384
- 3480
- 3480
- 589
- 156
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