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 amount (principal + simple interest) on ₹9500 at 6% per year for 4 years (in ₹)?
- 2.A shopkeeper buys a fan for ₹2550 and sells it for ₹2830. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹9000 at 4% per year for 1 year (in ₹)?
- 4.A cycle bought for ₹2600 is sold for ₹2080. What is the loss per cent?
- 5.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 2 years (in ₹)?
- 6.A table bought for ₹2700 is sold for ₹1620. What is the loss per cent?
- 7.What is the amount (principal + simple interest) on ₹3000 at 9% per year for 2 years (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1890. What is the loss (in ₹)?
- 9.What is the simple interest on ₹5300 at 9% per year for 2 years (in ₹)?
- 10.What is 85% of 740?
- 11.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
- 12.The price of a bus pass changed from ₹500 to ₹450. What is the percentage decrease?
- 13.A fan bought for ₹2000 is sold for ₹1000. What is the loss per cent?
- 14.What is 20% of 900?
- 15.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹170. What is the loss (in ₹)?
- 16.A shopkeeper buys a watch for ₹800 and sells it for ₹1020. What is the profit (in ₹)?
- 17.A shopkeeper buys a cooler for ₹650 and sells it for ₹800. What is the profit (in ₹)?
- 18.What is the simple interest on ₹1900 at 7% per year for 1 year (in ₹)?
- 19.What is 85% of 540?
- 20.A cycle bought for ₹500 is sold for ₹550. What is the profit per cent?
- 21.The price of a water bottle changed from ₹20 to ₹8. What is the percentage decrease?
- 22.What is the simple interest on ₹10000 at 6% per year for 3 years (in ₹)?
- 23.A shopkeeper buys a watch for ₹550 and sells it for ₹350. What is the loss (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2100. What is the loss (in ₹)?
- 25.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1430. What is the profit (in ₹)?
- 26.What is 45% of 60?
- 27.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1490. What is the loss (in ₹)?
- 28.What is 65% of 1000?
- 29.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1250. What is the loss (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 3 years (in ₹)?
- 31.What is 25% of 620?
- 32.A cricket kit bought for ₹400 is sold for ₹300. What is the loss per cent?
- 33.What is the amount (principal + simple interest) on ₹9200 at 12% per year for 3 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹4700 at 4% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹4900 at 8% per year for 3 years (in ₹)?
- 36.A table bought for ₹1000 is sold for ₹950. What is the loss per cent?
- 37.What is the amount (principal + simple interest) on ₹3900 at 9% per year for 3 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹900 at 6% per year for 2 years (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹7200 at 8% per year for 1 year (in ₹)?
- 40.A mobile phone bought for ₹200 is sold for ₹240. What is the profit per cent?
Answer key
- 11780
- 280
- 9360
- 20
- 9048
- 40
- 3540
- 60
- 954
- 629
- 90
- 10
- 50
- 180
- 280
- 220
- 150
- 133
- 459
- 10
- 60
- 1800
- 200
- 100
- 130
- 27
- 210
- 650
- 50
- 3161
- 155
- 25
- 12512
- 4888
- 1176
- 5
- 4953
- 1008
- 7776
- 20
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