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 30% of 420?
- 2.A mobile phone bought for ₹600 is sold for ₹630. What is the profit per cent?
- 3.A sewing machine bought for ₹2600 is sold for ₹3380. What is the profit per cent?
- 4.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
- 5.The price of a water bottle changed from ₹20 to ₹22. What is the percentage increase?
- 6.What is 5% of 760?
- 7.What is the simple interest on ₹4300 at 10% per year for 2 years (in ₹)?
- 8.A shopkeeper buys a watch for ₹2850 and sells it for ₹2580. What is the loss (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹2000 at 3% per year for 3 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹7600 at 7% per year for 5 years (in ₹)?
- 11.What is 30% of 700?
- 12.A cycle costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 13.What is 45% of 60?
- 14.What is the simple interest on ₹5900 at 6% per year for 2 years (in ₹)?
- 15.What is the simple interest on ₹6200 at 8% per year for 3 years (in ₹)?
- 16.What is the simple interest on ₹8900 at 11% per year for 1 year (in ₹)?
- 17.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹640. What is the loss (in ₹)?
- 18.What is the simple interest on ₹9300 at 7% per year for 5 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹3500 at 11% per year for 3 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹4800 at 6% per year for 3 years (in ₹)?
- 21.The price of a school bag changed from ₹100 to ₹105. What is the percentage increase?
- 22.A shopkeeper buys a watch for ₹1550 and sells it for ₹1670. What is the profit (in ₹)?
- 23.A cycle costs ₹2700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹1400 and sells it for ₹1450. What is the profit (in ₹)?
- 25.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1330. What is the loss (in ₹)?
- 26.The price of a water bottle changed from ₹250 to ₹150. What is the percentage decrease?
- 27.What is the amount (principal + simple interest) on ₹7800 at 6% per year for 3 years (in ₹)?
- 28.A shopkeeper buys a watch for ₹300 and sells it for ₹460. What is the profit (in ₹)?
- 29.A sewing machine costs ₹1900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹4300 at 4% per year for 3 years (in ₹)?
- 31.What is 10% of 680?
- 32.What is 95% of 660?
- 33.What is the simple interest on ₹3900 at 3% per year for 3 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹8800 at 5% per year for 3 years (in ₹)?
- 35.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2470. What is the loss (in ₹)?
- 36.The price of a cricket ball changed from ₹250 to ₹225. What is the percentage decrease?
- 37.A table costs ₹1500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 38.A table costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 39.What is 55% of 480?
- 40.A shopkeeper buys a table for ₹2800 and sells it for ₹2750. What is the loss (in ₹)?
Answer key
- 126
- 5
- 30
- 40
- 10
- 38
- 860
- 270
- 2180
- 10260
- 210
- 490
- 27
- 708
- 1488
- 979
- 260
- 3255
- 4655
- 5664
- 5
- 120
- 3510
- 50
- 220
- 40
- 9204
- 160
- 1425
- 4816
- 68
- 627
- 351
- 10120
- 30
- 10
- 1725
- 3990
- 264
- 50
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