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 ₹5800 at 9% per year for 2 years (in ₹)?
- 2.What is 95% of 780?
- 3.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 4.The price of a box of mangoes changed from ₹200 to ₹140. What is the percentage decrease?
- 5.What is the simple interest on ₹7000 at 3% per year for 1 year (in ₹)?
- 6.A cricket kit bought for ₹2100 is sold for ₹2352. What is the profit per cent?
- 7.A shopkeeper buys a sewing machine for ₹1950 and sells it for ₹1880. What is the loss (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2030. What is the loss (in ₹)?
- 9.A watch costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 10.The price of a bus pass changed from ₹250 to ₹475. What is the percentage increase?
- 11.A cycle costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 12.What is 60% of 640?
- 13.A cycle bought for ₹2800 is sold for ₹3500. What is the profit per cent?
- 14.A table bought for ₹1500 is sold for ₹1425. What is the loss per cent?
- 15.What is 15% of 340?
- 16.The price of a pair of shoes changed from ₹200 to ₹350. What is the percentage increase?
- 17.What is 35% of 740?
- 18.What is the amount (principal + simple interest) on ₹9900 at 3% per year for 2 years (in ₹)?
- 19.What is 70% of 340?
- 20.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2020. What is the loss (in ₹)?
- 21.What is 60% of 200?
- 22.A shopkeeper buys a cycle for ₹650 and sells it for ₹720. What is the profit (in ₹)?
- 23.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2530. What is the loss (in ₹)?
- 24.A cooler costs ₹800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 25.What is 70% of 280?
- 26.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2940. What is the profit (in ₹)?
- 27.The price of a box of mangoes changed from ₹20 to ₹36. What is the percentage increase?
- 28.A fan costs ₹4000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a table for ₹1250 and sells it for ₹1080. What is the loss (in ₹)?
- 30.A cooler costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹5000 at 3% per year for 5 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹2000 at 6% per year for 2 years (in ₹)?
- 33.The price of a box of mangoes changed from ₹500 to ₹495. What is the percentage decrease?
- 34.A cycle bought for ₹2300 is sold for ₹2576. What is the profit per cent?
- 35.A shopkeeper buys a watch for ₹1450 and sells it for ₹1610. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹7500 at 3% per year for 2 years (in ₹)?
- 37.What is 95% of 800?
- 38.What is 70% of 480?
- 39.A shopkeeper buys a fan for ₹200 and sells it for ₹160. What is the loss (in ₹)?
- 40.A shopkeeper buys a fan for ₹2850 and sells it for ₹3040. What is the profit (in ₹)?
Answer key
- 1044
- 741
- 20
- 30
- 210
- 12
- 70
- 220
- 600
- 90
- 1380
- 384
- 25
- 5
- 51
- 75
- 259
- 10494
- 238
- 180
- 120
- 70
- 120
- 680
- 196
- 240
- 80
- 6000
- 170
- 1150
- 750
- 2240
- 1
- 12
- 160
- 7950
- 760
- 336
- 40
- 190
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