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 table costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹8600 at 7% per year for 3 years (in ₹)?
- 3.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1940. What is the profit (in ₹)?
- 4.What is 60% of 160?
- 5.The price of a cricket ball changed from ₹250 to ₹450. What is the percentage increase?
- 6.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
- 7.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹240. What is the profit (in ₹)?
- 8.A table bought for ₹1200 is sold for ₹720. What is the loss per cent?
- 9.What is 45% of 280?
- 10.The price of a box of mangoes changed from ₹500 to ₹200. What is the percentage decrease?
- 11.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹360. What is the profit (in ₹)?
- 13.What is the simple interest on ₹6000 at 3% per year for 1 year (in ₹)?
- 14.The price of a bus pass changed from ₹50 to ₹70. What is the percentage increase?
- 15.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 4 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹8900 at 12% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a watch for ₹650 and sells it for ₹820. What is the profit (in ₹)?
- 18.What is the simple interest on ₹5000 at 11% per year for 4 years (in ₹)?
- 19.What is the simple interest on ₹700 at 2% per year for 4 years (in ₹)?
- 20.What is the simple interest on ₹2500 at 7% per year for 1 year (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹1800 at 5% per year for 2 years (in ₹)?
- 22.The price of a cricket ball changed from ₹250 to ₹50. What is the percentage decrease?
- 23.A watch costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 24.What is 20% of 480?
- 25.A shopkeeper buys a watch for ₹1150 and sells it for ₹920. What is the loss (in ₹)?
- 26.A shopkeeper buys a mobile phone for ₹1900 and sells it for ₹1680. What is the loss (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹9900 at 4% per year for 4 years (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹5300 at 12% per year for 2 years (in ₹)?
- 29.A cycle costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹2900 at 7% per year for 2 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹2000 at 4% per year for 4 years (in ₹)?
- 32.What is 35% of 660?
- 33.A shopkeeper buys a fan for ₹350 and sells it for ₹270. What is the loss (in ₹)?
- 34.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3040. What is the profit (in ₹)?
- 35.The price of a school bag changed from ₹20 to ₹38. What is the percentage increase?
- 36.A shopkeeper buys a fan for ₹2650 and sells it for ₹2570. What is the loss (in ₹)?
- 37.A cricket kit bought for ₹1000 is sold for ₹1100. What is the profit per cent?
- 38.The price of a bus pass changed from ₹400 to ₹380. What is the percentage decrease?
- 39.A watch bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 40.What is the amount (principal + simple interest) on ₹4000 at 12% per year for 3 years (in ₹)?
Answer key
- 900
- 10406
- 40
- 96
- 80
- 20
- 40
- 40
- 126
- 60
- 3528
- 10
- 180
- 40
- 11200
- 11036
- 170
- 2200
- 56
- 175
- 1980
- 80
- 3135
- 96
- 230
- 220
- 11484
- 6572
- 840
- 3306
- 2320
- 231
- 80
- 40
- 90
- 80
- 10
- 5
- 12
- 5440
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