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.The price of a water bottle changed from ₹20 to ₹35. What is the percentage increase?
- 2.What is 95% of 680?
- 3.A shopkeeper buys a cycle for ₹750 and sells it for ₹760. What is the profit (in ₹)?
- 4.What is 15% of 600?
- 5.A shopkeeper buys a table for ₹1650 and sells it for ₹1440. What is the loss (in ₹)?
- 6.The price of a cricket ball changed from ₹100 to ₹40. What is the percentage decrease?
- 7.What is 15% of 680?
- 8.The price of a pair of shoes changed from ₹50 to ₹10. What is the percentage decrease?
- 9.A mobile phone costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 10.What is the simple interest on ₹4100 at 2% per year for 2 years (in ₹)?
- 11.What is 55% of 280?
- 12.A watch bought for ₹2800 is sold for ₹1400. What is the loss per cent?
- 13.A cricket kit bought for ₹400 is sold for ₹280. What is the loss per cent?
- 14.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 1 year (in ₹)?
- 15.A shopkeeper buys a watch for ₹950 and sells it for ₹920. What is the loss (in ₹)?
- 16.A cycle bought for ₹1500 is sold for ₹1680. What is the profit per cent?
- 17.A cricket kit bought for ₹300 is sold for ₹180. What is the loss per cent?
- 18.What is the amount (principal + simple interest) on ₹4700 at 11% per year for 1 year (in ₹)?
- 19.The price of a bus pass changed from ₹20 to ₹22. What is the percentage increase?
- 20.A shopkeeper buys a fan for ₹1000 and sells it for ₹880. What is the loss (in ₹)?
- 21.What is 55% of 720?
- 22.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1560. What is the loss (in ₹)?
- 23.The price of a box of mangoes changed from ₹400 to ₹408. What is the percentage increase?
- 24.A sewing machine bought for ₹200 is sold for ₹250. What is the profit per cent?
- 25.What is 45% of 580?
- 26.A shopkeeper buys a table for ₹2250 and sells it for ₹2200. What is the loss (in ₹)?
- 27.The price of a school bag changed from ₹40 to ₹44. What is the percentage increase?
- 28.What is the simple interest on ₹6900 at 7% per year for 1 year (in ₹)?
- 29.What is the simple interest on ₹1700 at 11% per year for 3 years (in ₹)?
- 30.The price of a school bag changed from ₹50 to ₹40. What is the percentage decrease?
- 31.What is 95% of 140?
- 32.What is the amount (principal + simple interest) on ₹3000 at 11% per year for 5 years (in ₹)?
- 33.What is 45% of 960?
- 34.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2140. What is the profit (in ₹)?
- 35.A shopkeeper buys a cooler for ₹600 and sells it for ₹490. What is the loss (in ₹)?
- 36.What is the simple interest on ₹7100 at 10% per year for 3 years (in ₹)?
- 37.The price of a school bag changed from ₹500 to ₹800. What is the percentage increase?
- 38.What is 15% of 960?
- 39.A cooler bought for ₹1000 is sold for ₹1250. What is the profit per cent?
- 40.What is 25% of 840?
Answer key
- 75
- 646
- 10
- 90
- 210
- 60
- 102
- 80
- 1344
- 164
- 154
- 50
- 30
- 10094
- 30
- 12
- 40
- 5217
- 10
- 120
- 396
- 40
- 2
- 25
- 261
- 50
- 10
- 483
- 561
- 20
- 133
- 4650
- 432
- 40
- 110
- 2130
- 60
- 144
- 25
- 210
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