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 75% of 760?
- 2.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹1960. What is the profit (in ₹)?
- 3.What is 5% of 620?
- 4.What is 30% of 320?
- 5.What is 30% of 100?
- 6.A shopkeeper buys a fan for ₹2450 and sells it for ₹2750. What is the profit (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹700 at 5% per year for 3 years (in ₹)?
- 8.A shopkeeper buys a table for ₹600 and sells it for ₹890. What is the profit (in ₹)?
- 9.A watch costs ₹2700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 10.What is 55% of 60?
- 11.What is the simple interest on ₹1500 at 11% per year for 5 years (in ₹)?
- 12.What is 40% of 780?
- 13.A cooler bought for ₹1000 is sold for ₹600. What is the loss per cent?
- 14.The price of a pair of shoes changed from ₹200 to ₹198. What is the percentage decrease?
- 15.A shopkeeper buys a table for ₹1550 and sells it for ₹1670. What is the profit (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹4700 at 7% per year for 5 years (in ₹)?
- 17.A cricket kit bought for ₹600 is sold for ₹780. What is the profit per cent?
- 18.What is 95% of 880?
- 19.The price of a pair of shoes changed from ₹20 to ₹25. What is the percentage increase?
- 20.A cricket kit costs ₹1800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹1000 at 10% per year for 2 years (in ₹)?
- 22.A fan bought for ₹1400 is sold for ₹1120. What is the loss per cent?
- 23.A mobile phone costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹220. What is the loss (in ₹)?
- 25.The price of a pair of shoes changed from ₹20 to ₹28. What is the percentage increase?
- 26.What is the simple interest on ₹3000 at 7% per year for 4 years (in ₹)?
- 27.A sewing machine costs ₹3700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 28.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
- 29.What is 60% of 360?
- 30.What is the amount (principal + simple interest) on ₹4700 at 10% per year for 5 years (in ₹)?
- 31.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹6000 at 11% per year for 3 years (in ₹)?
- 33.A cricket kit bought for ₹1300 is sold for ₹1170. What is the loss per cent?
- 34.A sewing machine costs ₹600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 35.What is 40% of 100?
- 36.What is 25% of 840?
- 37.What is 5% of 200?
- 38.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2030. What is the loss (in ₹)?
- 39.What is 95% of 420?
- 40.What is the amount (principal + simple interest) on ₹7700 at 8% per year for 1 year (in ₹)?
Answer key
- 570
- 160
- 31
- 96
- 30
- 300
- 805
- 290
- 4050
- 33
- 825
- 312
- 40
- 1
- 120
- 6345
- 30
- 836
- 25
- 1530
- 1200
- 20
- 735
- 30
- 40
- 840
- 3885
- 40
- 216
- 7050
- 40
- 7980
- 10
- 690
- 40
- 210
- 10
- 20
- 399
- 8316
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