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 ₹2900 at 6% per year for 1 year (in ₹)?
- 2.A shopkeeper buys a table for ₹750 and sells it for ₹680. What is the loss (in ₹)?
- 3.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2260. What is the loss (in ₹)?
- 4.What is 75% of 820?
- 5.What is the simple interest on ₹4600 at 4% per year for 2 years (in ₹)?
- 6.A cricket kit costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 7.What is 20% of 200?
- 8.A watch costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 9.A shopkeeper buys a fan for ₹2500 and sells it for ₹2720. What is the profit (in ₹)?
- 10.A sewing machine costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.The price of a box of mangoes changed from ₹20 to ₹12. What is the percentage decrease?
- 12.What is 45% of 700?
- 13.A shopkeeper buys a fan for ₹2550 and sells it for ₹2570. What is the profit (in ₹)?
- 14.A shopkeeper buys a table for ₹250 and sells it for ₹290. What is the profit (in ₹)?
- 15.A shopkeeper buys a fan for ₹2500 and sells it for ₹2580. What is the profit (in ₹)?
- 16.A mobile phone bought for ₹900 is sold for ₹1080. What is the profit per cent?
- 17.A shopkeeper buys a watch for ₹1100 and sells it for ₹1000. What is the loss (in ₹)?
- 18.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹1970. What is the loss (in ₹)?
- 19.What is 25% of 740?
- 20.What is the amount (principal + simple interest) on ₹4900 at 10% per year for 3 years (in ₹)?
- 21.A shopkeeper buys a cycle for ₹2050 and sells it for ₹2030. What is the loss (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹4000 at 4% per year for 3 years (in ₹)?
- 23.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹310. What is the loss (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1700 at 8% per year for 4 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9300 at 8% per year for 1 year (in ₹)?
- 26.What is 40% of 660?
- 27.What is the simple interest on ₹6500 at 4% per year for 4 years (in ₹)?
- 28.A fan bought for ₹700 is sold for ₹420. What is the loss per cent?
- 29.What is 5% of 600?
- 30.What is the simple interest on ₹2100 at 12% per year for 3 years (in ₹)?
- 31.The price of a box of mangoes changed from ₹100 to ₹125. What is the percentage increase?
- 32.A sewing machine bought for ₹600 is sold for ₹660. What is the profit per cent?
- 33.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
- 34.What is the amount (principal + simple interest) on ₹3200 at 9% per year for 1 year (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹6400 at 2% per year for 4 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹9500 at 2% per year for 1 year (in ₹)?
- 37.What is 10% of 180?
- 38.What is 80% of 600?
- 39.What is the simple interest on ₹6000 at 10% per year for 5 years (in ₹)?
- 40.A cycle bought for ₹2100 is sold for ₹1890. What is the loss per cent?
Answer key
- 174
- 70
- 240
- 615
- 368
- 1710
- 40
- 1260
- 220
- 3920
- 40
- 315
- 20
- 40
- 80
- 20
- 100
- 80
- 185
- 6370
- 20
- 4480
- 290
- 2244
- 10044
- 264
- 1040
- 40
- 30
- 756
- 25
- 10
- 60
- 3488
- 6912
- 9690
- 18
- 480
- 3000
- 10
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