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.A shopkeeper buys a watch for ₹1100 and sells it for ₹900. What is the loss (in ₹)?
- 2.A sewing machine bought for ₹300 is sold for ₹375. What is the profit per cent?
- 3.What is the simple interest on ₹9000 at 7% per year for 5 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹1100 at 5% per year for 4 years (in ₹)?
- 5.A cooler costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 6.A shopkeeper buys a table for ₹1150 and sells it for ₹850. What is the loss (in ₹)?
- 7.What is 25% of 940?
- 8.What is 75% of 660?
- 9.What is 40% of 60?
- 10.A table bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 11.A cycle costs ₹500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.What is the simple interest on ₹9900 at 5% per year for 2 years (in ₹)?
- 13.What is 75% of 360?
- 14.A shopkeeper buys a fan for ₹2550 and sells it for ₹2260. What is the loss (in ₹)?
- 15.A mobile phone bought for ₹2500 is sold for ₹2200. What is the loss per cent?
- 16.What is the simple interest on ₹6000 at 9% per year for 5 years (in ₹)?
- 17.What is the simple interest on ₹2600 at 3% per year for 1 year (in ₹)?
- 18.A watch bought for ₹3800 is sold for ₹3344. What is the loss per cent?
- 19.A fan bought for ₹3200 is sold for ₹3040. What is the loss per cent?
- 20.The price of a school bag changed from ₹40 to ₹30. What is the percentage decrease?
- 21.What is the simple interest on ₹4400 at 8% per year for 5 years (in ₹)?
- 22.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹810. What is the profit (in ₹)?
- 23.What is the simple interest on ₹7500 at 12% per year for 4 years (in ₹)?
- 24.A cricket kit costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 25.A fan costs ₹2800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 26.A cricket kit costs ₹4000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 27.A shopkeeper buys a fan for ₹2300 and sells it for ₹2560. What is the profit (in ₹)?
- 28.What is the simple interest on ₹9000 at 3% per year for 3 years (in ₹)?
- 29.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1330. What is the loss (in ₹)?
- 30.A sewing machine costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 31.A watch costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 32.A shopkeeper buys a fan for ₹300 and sells it for ₹510. What is the profit (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹7400 at 9% per year for 4 years (in ₹)?
- 34.A fan costs ₹1200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 35.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹820. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 2 years (in ₹)?
- 37.A cycle costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 38.A mobile phone costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 39.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1690. What is the profit (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹1300 at 12% per year for 1 year (in ₹)?
Answer key
- 200
- 25
- 3150
- 1320
- 375
- 300
- 235
- 495
- 24
- 5
- 400
- 990
- 270
- 290
- 12
- 2700
- 78
- 12
- 5
- 25
- 1760
- 10
- 3600
- 4290
- 3220
- 2400
- 260
- 810
- 270
- 3910
- 220
- 210
- 10064
- 900
- 170
- 2968
- 2875
- 1760
- 240
- 1456
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