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 ₹4400 at 2% per year for 1 year (in ₹)?
- 2.What is the simple interest on ₹7600 at 8% per year for 4 years (in ₹)?
- 3.A shopkeeper buys a fan for ₹2250 and sells it for ₹2550. What is the profit (in ₹)?
- 4.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2330. What is the loss (in ₹)?
- 5.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2890. What is the profit (in ₹)?
- 6.The price of a water bottle changed from ₹25 to ₹15. What is the percentage decrease?
- 7.What is the simple interest on ₹500 at 7% per year for 1 year (in ₹)?
- 8.What is the simple interest on ₹7700 at 4% per year for 2 years (in ₹)?
- 9.What is 10% of 220?
- 10.A shopkeeper buys a fan for ₹2150 and sells it for ₹2020. What is the loss (in ₹)?
- 11.What is 65% of 480?
- 12.What is 60% of 340?
- 13.A sewing machine bought for ₹3300 is sold for ₹4290. What is the profit per cent?
- 14.A cycle costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 15.A fan costs ₹4000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 16.A watch bought for ₹1900 is sold for ₹2128. What is the profit per cent?
- 17.What is the amount (principal + simple interest) on ₹4600 at 8% per year for 4 years (in ₹)?
- 18.What is the simple interest on ₹5400 at 8% per year for 4 years (in ₹)?
- 19.A shopkeeper buys a fan for ₹2850 and sells it for ₹3150. What is the profit (in ₹)?
- 20.A cricket kit bought for ₹200 is sold for ₹176. What is the loss per cent?
- 21.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
- 22.A shopkeeper buys a cycle for ₹1700 and sells it for ₹1940. What is the profit (in ₹)?
- 23.A shopkeeper buys a fan for ₹450 and sells it for ₹210. What is the loss (in ₹)?
- 24.A shopkeeper buys a table for ₹2650 and sells it for ₹2780. What is the profit (in ₹)?
- 25.What is the simple interest on ₹8800 at 4% per year for 5 years (in ₹)?
- 26.What is the simple interest on ₹8000 at 5% per year for 1 year (in ₹)?
- 27.What is the simple interest on ₹3000 at 11% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a table for ₹2300 and sells it for ₹2390. What is the profit (in ₹)?
- 29.A shopkeeper buys a watch for ₹1550 and sells it for ₹1380. What is the loss (in ₹)?
- 30.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹700. What is the loss (in ₹)?
- 31.What is the simple interest on ₹6500 at 8% per year for 1 year (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹6500 at 7% per year for 4 years (in ₹)?
- 33.A cooler costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹2500 at 7% per year for 2 years (in ₹)?
- 35.A sewing machine costs ₹4000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 36.A cycle bought for ₹3000 is sold for ₹3600. What is the profit per cent?
- 37.A cricket kit bought for ₹2000 is sold for ₹2600. What is the profit per cent?
- 38.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2600. What is the profit (in ₹)?
- 39.A sewing machine costs ₹2900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 40.A cricket kit bought for ₹1300 is sold for ₹1625. What is the profit per cent?
Answer key
- 4488
- 2432
- 300
- 120
- 140
- 40
- 35
- 616
- 22
- 130
- 312
- 204
- 30
- 1650
- 4800
- 12
- 6072
- 1728
- 300
- 12
- 75
- 240
- 240
- 130
- 1760
- 400
- 330
- 90
- 170
- 50
- 520
- 8320
- 2016
- 2850
- 4600
- 20
- 30
- 300
- 3190
- 25
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