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 ₹1000 and sells it for ₹1200. What is the profit (in ₹)?
- 2.The price of a school bag changed from ₹400 to ₹560. What is the percentage increase?
- 3.A cooler costs ₹3700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 1 year (in ₹)?
- 5.What is the simple interest on ₹1600 at 3% per year for 1 year (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 4 years (in ₹)?
- 7.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
- 8.What is the amount (principal + simple interest) on ₹2500 at 4% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a table for ₹1700 and sells it for ₹1470. What is the loss (in ₹)?
- 10.The price of a box of mangoes changed from ₹200 to ₹120. What is the percentage decrease?
- 11.What is the amount (principal + simple interest) on ₹900 at 9% per year for 1 year (in ₹)?
- 12.A table costs ₹3700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 13.The price of a water bottle changed from ₹40 to ₹70. What is the percentage increase?
- 14.What is 20% of 640?
- 15.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2480. What is the loss (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹4900 at 4% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a table for ₹1400 and sells it for ₹1170. What is the loss (in ₹)?
- 18.A watch bought for ₹200 is sold for ₹100. What is the loss per cent?
- 19.What is 75% of 920?
- 20.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1910. What is the loss (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹370. What is the loss (in ₹)?
- 22.A mobile phone costs ₹3600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 23.A shopkeeper buys a fan for ₹1750 and sells it for ₹1920. What is the profit (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹9700 at 6% per year for 5 years (in ₹)?
- 25.What is the simple interest on ₹1600 at 5% per year for 1 year (in ₹)?
- 26.A cooler bought for ₹3900 is sold for ₹4485. What is the profit per cent?
- 27.What is the simple interest on ₹4900 at 5% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a watch for ₹1500 and sells it for ₹1380. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6600 at 5% per year for 1 year (in ₹)?
- 30.A cooler costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹3300 at 6% per year for 1 year (in ₹)?
- 32.What is the simple interest on ₹2600 at 7% per year for 1 year (in ₹)?
- 33.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹410. What is the loss (in ₹)?
- 34.The price of a bus pass changed from ₹40 to ₹32. What is the percentage decrease?
- 35.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3170. What is the profit (in ₹)?
- 36.What is the simple interest on ₹1200 at 10% per year for 4 years (in ₹)?
- 37.A cricket kit costs ₹3700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1140. What is the profit (in ₹)?
- 39.A sewing machine costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 40.A mobile phone bought for ₹500 is sold for ₹525. What is the profit per cent?
Answer key
- 200
- 40
- 5550
- 9360
- 48
- 6160
- 20
- 2800
- 230
- 40
- 981
- 4144
- 75
- 128
- 70
- 5292
- 230
- 50
- 690
- 40
- 230
- 5040
- 170
- 12610
- 80
- 15
- 245
- 120
- 6930
- 3080
- 198
- 182
- 240
- 20
- 170
- 480
- 3885
- 190
- 1050
- 5
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