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 the simple interest on ₹3100 at 12% per year for 1 year (in ₹)?
- 2.The price of a bus pass changed from ₹50 to ₹55. What is the percentage increase?
- 3.The price of a pair of shoes changed from ₹20 to ₹38. What is the percentage increase?
- 4.A cooler bought for ₹3800 is sold for ₹1900. What is the loss per cent?
- 5.The price of a school bag changed from ₹250 to ₹450. What is the percentage increase?
- 6.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 2 years (in ₹)?
- 7.What is the simple interest on ₹1600 at 2% per year for 5 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹1800 at 11% per year for 3 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 1 year (in ₹)?
- 10.A fan costs ₹1100. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹7300 at 4% per year for 2 years (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹340. What is the loss (in ₹)?
- 13.A cycle bought for ₹1200 is sold for ₹1440. What is the profit per cent?
- 14.A fan bought for ₹3700 is sold for ₹1850. What is the loss per cent?
- 15.The price of a school bag changed from ₹400 to ₹640. What is the percentage increase?
- 16.What is 40% of 460?
- 17.The price of a box of mangoes changed from ₹400 to ₹520. What is the percentage increase?
- 18.A shopkeeper buys a sewing machine for ₹850 and sells it for ₹1030. What is the profit (in ₹)?
- 19.A sewing machine costs ₹3400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 20.What is 45% of 740?
- 21.What is 80% of 160?
- 22.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 4 years (in ₹)?
- 23.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
- 24.The price of a water bottle changed from ₹40 to ₹42. What is the percentage increase?
- 25.What is the amount (principal + simple interest) on ₹800 at 8% per year for 2 years (in ₹)?
- 26.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
- 27.A cricket kit costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 28.What is 20% of 60?
- 29.What is 95% of 980?
- 30.What is the simple interest on ₹8100 at 4% per year for 3 years (in ₹)?
- 31.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2840. What is the profit (in ₹)?
- 32.The price of a box of mangoes changed from ₹500 to ₹510. What is the percentage increase?
- 33.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1810. What is the loss (in ₹)?
- 34.What is the simple interest on ₹1500 at 2% per year for 4 years (in ₹)?
- 35.A cricket kit costs ₹2500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 36.A fan bought for ₹3300 is sold for ₹2970. What is the loss per cent?
- 37.What is the amount (principal + simple interest) on ₹2900 at 12% per year for 4 years (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹440. What is the loss (in ₹)?
- 39.A cycle costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 40.A mobile phone costs ₹3300. It is sold at a 12% loss. What is the selling price (in ₹)?
Answer key
- 372
- 10
- 90
- 50
- 80
- 7176
- 160
- 2394
- 9309
- 990
- 7884
- 260
- 20
- 50
- 60
- 184
- 30
- 180
- 2890
- 333
- 128
- 3168
- 10
- 5
- 928
- 5
- 960
- 12
- 931
- 972
- 140
- 2
- 90
- 120
- 1875
- 10
- 4292
- 260
- 630
- 2904
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