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 ₹700 and sells it for ₹880. What is the profit (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹9000 at 7% per year for 5 years (in ₹)?
- 3.What is 25% of 340?
- 4.What is the amount (principal + simple interest) on ₹9900 at 3% per year for 4 years (in ₹)?
- 5.The price of a bus pass changed from ₹50 to ₹40. What is the percentage decrease?
- 6.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹380. What is the loss (in ₹)?
- 7.What is the simple interest on ₹2800 at 7% per year for 1 year (in ₹)?
- 8.A cooler bought for ₹1100 is sold for ₹935. What is the loss per cent?
- 9.A table costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 10.A fan costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 11.What is 75% of 820?
- 12.The price of a box of mangoes changed from ₹500 to ₹50. What is the percentage decrease?
- 13.The price of a water bottle changed from ₹100 to ₹120. What is the percentage increase?
- 14.What is 75% of 660?
- 15.A fan bought for ₹3400 is sold for ₹5100. What is the profit per cent?
- 16.A shopkeeper buys a watch for ₹2450 and sells it for ₹2150. What is the loss (in ₹)?
- 17.What is the simple interest on ₹3800 at 5% per year for 2 years (in ₹)?
- 18.What is the simple interest on ₹3100 at 6% per year for 4 years (in ₹)?
- 19.What is the simple interest on ₹1100 at 4% per year for 1 year (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹3300 at 7% per year for 3 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹7500 at 8% per year for 1 year (in ₹)?
- 22.A cycle bought for ₹2200 is sold for ₹2640. What is the profit per cent?
- 23.A fan costs ₹3600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2530. What is the loss (in ₹)?
- 25.A table costs ₹200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.What is 15% of 700?
- 27.What is the amount (principal + simple interest) on ₹9500 at 6% per year for 4 years (in ₹)?
- 28.What is the simple interest on ₹2000 at 12% per year for 3 years (in ₹)?
- 29.A shopkeeper buys a watch for ₹1950 and sells it for ₹1680. What is the loss (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹6100 at 9% per year for 4 years (in ₹)?
- 31.What is the simple interest on ₹1100 at 4% per year for 3 years (in ₹)?
- 32.What is the simple interest on ₹3400 at 2% per year for 2 years (in ₹)?
- 33.A sewing machine costs ₹2400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 34.What is the simple interest on ₹3400 at 6% per year for 3 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹7300 at 3% per year for 5 years (in ₹)?
- 36.A watch costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹5000 at 3% per year for 4 years (in ₹)?
- 38.What is the simple interest on ₹500 at 9% per year for 3 years (in ₹)?
- 39.What is 15% of 480?
- 40.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1450. What is the loss (in ₹)?
Answer key
- 180
- 12150
- 85
- 11088
- 20
- 70
- 196
- 15
- 3024
- 2960
- 615
- 90
- 20
- 495
- 50
- 300
- 380
- 744
- 44
- 3993
- 8100
- 20
- 5040
- 20
- 120
- 105
- 11780
- 720
- 270
- 8296
- 132
- 136
- 2760
- 612
- 8395
- 2520
- 600
- 135
- 72
- 50
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