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 simple interest on ₹500 at 2% per year for 5 years (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹820. What is the loss (in ₹)?
- 3.The price of a pair of shoes changed from ₹400 to ₹440. What is the percentage increase?
- 4.The price of a school bag changed from ₹100 to ₹175. What is the percentage increase?
- 5.What is the amount (principal + simple interest) on ₹8600 at 3% per year for 5 years (in ₹)?
- 6.A cycle costs ₹1700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.A cycle bought for ₹2700 is sold for ₹1350. What is the loss per cent?
- 8.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 5 years (in ₹)?
- 9.The price of a water bottle changed from ₹50 to ₹49. What is the percentage decrease?
- 10.A shopkeeper buys a cycle for ₹650 and sells it for ₹480. What is the loss (in ₹)?
- 11.What is the simple interest on ₹3800 at 12% per year for 3 years (in ₹)?
- 12.A shopkeeper buys a watch for ₹2550 and sells it for ₹2580. What is the profit (in ₹)?
- 13.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1400. What is the loss (in ₹)?
- 14.What is 45% of 380?
- 15.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1190. What is the profit (in ₹)?
- 16.The price of a water bottle changed from ₹400 to ₹160. What is the percentage decrease?
- 17.What is the amount (principal + simple interest) on ₹7200 at 2% per year for 1 year (in ₹)?
- 18.What is the simple interest on ₹3200 at 4% per year for 4 years (in ₹)?
- 19.A table bought for ₹700 is sold for ₹770. What is the profit per cent?
- 20.What is the simple interest on ₹900 at 4% per year for 2 years (in ₹)?
- 21.A shopkeeper buys a fan for ₹2300 and sells it for ₹2430. What is the profit (in ₹)?
- 22.A shopkeeper buys a fan for ₹2950 and sells it for ₹2780. What is the loss (in ₹)?
- 23.A cycle bought for ₹1000 is sold for ₹1100. What is the profit per cent?
- 24.A fan costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 25.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
- 26.A shopkeeper buys a watch for ₹350 and sells it for ₹230. What is the loss (in ₹)?
- 27.What is the simple interest on ₹5100 at 4% per year for 1 year (in ₹)?
- 28.The price of a water bottle changed from ₹200 to ₹40. What is the percentage decrease?
- 29.What is the amount (principal + simple interest) on ₹3400 at 9% per year for 2 years (in ₹)?
- 30.What is the simple interest on ₹7800 at 4% per year for 2 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹8300 at 9% per year for 5 years (in ₹)?
- 32.A fan costs ₹800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 33.A fan costs ₹500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 34.A shopkeeper buys a watch for ₹300 and sells it for ₹230. What is the loss (in ₹)?
- 35.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1610. What is the loss (in ₹)?
- 36.A cycle bought for ₹600 is sold for ₹630. What is the profit per cent?
- 37.What is the simple interest on ₹5800 at 7% per year for 5 years (in ₹)?
- 38.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 39.What is 45% of 180?
- 40.A cricket kit costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
Answer key
- 50
- 180
- 10
- 75
- 9890
- 2125
- 50
- 13095
- 2
- 170
- 1368
- 30
- 200
- 171
- 90
- 60
- 7344
- 512
- 10
- 72
- 130
- 170
- 10
- 380
- 20
- 120
- 204
- 80
- 4012
- 624
- 12035
- 480
- 700
- 70
- 40
- 5
- 2030
- 40
- 81
- 1050
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