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 sewing machine for ₹800 and sells it for ₹880. What is the profit (in ₹)?
- 2.What is the simple interest on ₹900 at 3% per year for 1 year (in ₹)?
- 3.The price of a box of mangoes changed from ₹50 to ₹49. What is the percentage decrease?
- 4.The price of a pair of shoes changed from ₹20 to ₹5. What is the percentage decrease?
- 5.A watch bought for ₹2500 is sold for ₹3000. What is the profit per cent?
- 6.A table costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 7.A shopkeeper buys a mobile phone for ₹2750 and sells it for ₹2760. What is the profit (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 3 years (in ₹)?
- 9.A mobile phone costs ₹3700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 10.A cycle costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 11.A cricket kit bought for ₹300 is sold for ₹225. What is the loss per cent?
- 12.The price of a bus pass changed from ₹20 to ₹15. What is the percentage decrease?
- 13.What is the simple interest on ₹9200 at 5% per year for 4 years (in ₹)?
- 14.What is 10% of 360?
- 15.A cycle bought for ₹1900 is sold for ₹1140. What is the loss per cent?
- 16.The price of a bus pass changed from ₹50 to ₹30. What is the percentage decrease?
- 17.A cricket kit costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 18.A sewing machine bought for ₹2300 is sold for ₹2070. What is the loss per cent?
- 19.What is the simple interest on ₹9800 at 12% per year for 2 years (in ₹)?
- 20.What is the simple interest on ₹3700 at 12% per year for 3 years (in ₹)?
- 21.What is the simple interest on ₹5200 at 5% per year for 1 year (in ₹)?
- 22.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
- 23.What is the simple interest on ₹2500 at 4% per year for 4 years (in ₹)?
- 24.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1170. What is the profit (in ₹)?
- 25.A shopkeeper buys a cycle for ₹600 and sells it for ₹620. What is the profit (in ₹)?
- 26.The price of a cricket ball changed from ₹200 to ₹160. What is the percentage decrease?
- 27.A shopkeeper buys a watch for ₹2300 and sells it for ₹2400. What is the profit (in ₹)?
- 28.A shopkeeper buys a cycle for ₹450 and sells it for ₹220. What is the loss (in ₹)?
- 29.What is 15% of 520?
- 30.A sewing machine costs ₹2400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 31.The price of a bus pass changed from ₹200 to ₹202. What is the percentage increase?
- 32.The price of a box of mangoes changed from ₹100 to ₹95. What is the percentage decrease?
- 33.A shopkeeper buys a cycle for ₹2100 and sells it for ₹1950. What is the loss (in ₹)?
- 34.The price of a cricket ball changed from ₹40 to ₹76. What is the percentage increase?
- 35.A mobile phone bought for ₹3000 is sold for ₹3360. What is the profit per cent?
- 36.A cooler costs ₹1600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹9700 at 6% per year for 3 years (in ₹)?
- 38.A table bought for ₹1600 is sold for ₹2400. What is the profit per cent?
- 39.What is the amount (principal + simple interest) on ₹3700 at 2% per year for 2 years (in ₹)?
- 40.The price of a school bag changed from ₹500 to ₹505. What is the percentage increase?
Answer key
- 80
- 27
- 2
- 75
- 20
- 1300
- 10
- 10790
- 4810
- 2280
- 25
- 25
- 1840
- 36
- 40
- 40
- 3840
- 10
- 2352
- 1332
- 260
- 5
- 400
- 170
- 20
- 20
- 100
- 230
- 78
- 2880
- 1
- 5
- 150
- 90
- 12
- 1408
- 11446
- 50
- 3848
- 1
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