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 watch for ₹2200 and sells it for ₹1900. What is the loss (in ₹)?
- 2.What is 5% of 980?
- 3.A shopkeeper buys a cooler for ₹750 and sells it for ₹1030. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹5200 at 11% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹7300 at 10% per year for 3 years (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1960. What is the profit (in ₹)?
- 7.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹1890. What is the loss (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹1900 at 5% per year for 1 year (in ₹)?
- 9.A cooler bought for ₹3400 is sold for ₹3570. What is the profit per cent?
- 10.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹1650. What is the loss (in ₹)?
- 11.A shopkeeper buys a fan for ₹1100 and sells it for ₹1160. What is the profit (in ₹)?
- 12.A mobile phone costs ₹3600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹2800 at 12% per year for 2 years (in ₹)?
- 14.A shopkeeper buys a table for ₹2550 and sells it for ₹2810. What is the profit (in ₹)?
- 15.What is 5% of 220?
- 16.What is the amount (principal + simple interest) on ₹9400 at 11% per year for 3 years (in ₹)?
- 17.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1780. What is the profit (in ₹)?
- 18.A table bought for ₹3200 is sold for ₹4480. What is the profit per cent?
- 19.A sewing machine costs ₹3800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 20.A fan costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 21.What is 80% of 260?
- 22.What is the amount (principal + simple interest) on ₹9800 at 10% per year for 5 years (in ₹)?
- 23.A table bought for ₹3800 is sold for ₹2660. What is the loss per cent?
- 24.A mobile phone bought for ₹2300 is sold for ₹1955. What is the loss per cent?
- 25.The price of a box of mangoes changed from ₹40 to ₹56. What is the percentage increase?
- 26.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
- 27.A mobile phone bought for ₹1500 is sold for ₹1320. What is the loss per cent?
- 28.What is the simple interest on ₹10000 at 12% per year for 5 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹1800 at 8% per year for 1 year (in ₹)?
- 30.What is 20% of 120?
- 31.What is 95% of 920?
- 32.What is 20% of 320?
- 33.A shopkeeper buys a watch for ₹1000 and sells it for ₹1010. What is the profit (in ₹)?
- 34.A shopkeeper buys a table for ₹1950 and sells it for ₹2100. What is the profit (in ₹)?
- 35.A cycle costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.What is 60% of 520?
- 37.What is the simple interest on ₹9100 at 12% per year for 1 year (in ₹)?
- 38.What is 30% of 220?
- 39.What is 10% of 420?
- 40.What is the amount (principal + simple interest) on ₹4800 at 12% per year for 1 year (in ₹)?
Answer key
- 300
- 49
- 280
- 8060
- 2190
- 210
- 210
- 1995
- 5
- 250
- 60
- 4032
- 672
- 260
- 11
- 12502
- 280
- 40
- 4180
- 1050
- 208
- 14700
- 30
- 15
- 40
- 10
- 12
- 6000
- 1944
- 24
- 874
- 64
- 10
- 150
- 3024
- 312
- 1092
- 66
- 42
- 5376
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