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 ₹4300 at 4% per year for 3 years (in ₹)?
- 2.The price of a school bag changed from ₹100 to ₹140. What is the percentage increase?
- 3.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
- 4.What is 95% of 60?
- 5.A table costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cycle for ₹700 and sells it for ₹650. What is the loss (in ₹)?
- 7.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹590. What is the profit (in ₹)?
- 8.A mobile phone costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 9.What is 20% of 440?
- 10.A mobile phone bought for ₹800 is sold for ₹896. What is the profit per cent?
- 11.The price of a water bottle changed from ₹50 to ₹75. What is the percentage increase?
- 12.What is 20% of 600?
- 13.A shopkeeper buys a fan for ₹1950 and sells it for ₹2100. What is the profit (in ₹)?
- 14.The price of a pair of shoes changed from ₹100 to ₹99. What is the percentage decrease?
- 15.What is the amount (principal + simple interest) on ₹4100 at 3% per year for 2 years (in ₹)?
- 16.What is 75% of 680?
- 17.A cricket kit bought for ₹1100 is sold for ₹770. What is the loss per cent?
- 18.The price of a school bag changed from ₹400 to ₹240. What is the percentage decrease?
- 19.A watch bought for ₹900 is sold for ₹792. What is the loss per cent?
- 20.What is the amount (principal + simple interest) on ₹3500 at 7% per year for 4 years (in ₹)?
- 21.What is 25% of 420?
- 22.A fan costs ₹3800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 23.What is 40% of 100?
- 24.What is 20% of 320?
- 25.A shopkeeper buys a cooler for ₹1700 and sells it for ₹1820. What is the profit (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹6700 at 9% per year for 1 year (in ₹)?
- 27.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1740. What is the loss (in ₹)?
- 28.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1210. What is the profit (in ₹)?
- 29.A shopkeeper buys a watch for ₹1850 and sells it for ₹1890. What is the profit (in ₹)?
- 30.A cooler costs ₹1800. It is sold at a 30% loss. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹7800 at 4% per year for 5 years (in ₹)?
- 32.A watch costs ₹2000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 33.A cycle bought for ₹800 is sold for ₹560. What is the loss per cent?
- 34.A sewing machine costs ₹2100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 35.A shopkeeper buys a cycle for ₹1050 and sells it for ₹880. What is the loss (in ₹)?
- 36.What is 5% of 180?
- 37.A watch bought for ₹500 is sold for ₹650. What is the profit per cent?
- 38.A cycle bought for ₹3500 is sold for ₹2100. What is the loss per cent?
- 39.A shopkeeper buys a cooler for ₹800 and sells it for ₹610. What is the loss (in ₹)?
- 40.A fan bought for ₹2800 is sold for ₹2100. What is the loss per cent?
Answer key
- 516
- 40
- 5
- 57
- 3910
- 50
- 40
- 3256
- 88
- 12
- 50
- 120
- 150
- 1
- 4346
- 510
- 30
- 40
- 12
- 4480
- 105
- 5320
- 40
- 64
- 120
- 7303
- 260
- 10
- 40
- 1260
- 1560
- 1700
- 30
- 1575
- 170
- 9
- 30
- 40
- 190
- 25
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