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 cricket ball changed from ₹200 to ₹100. What is the percentage decrease?
- 2.What is 35% of 820?
- 3.A shopkeeper buys a cycle for ₹300 and sells it for ₹570. What is the profit (in ₹)?
- 4.The price of a pair of shoes changed from ₹80 to ₹60. What is the percentage decrease?
- 5.A shopkeeper buys a table for ₹3000 and sells it for ₹2710. What is the loss (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1870. What is the profit (in ₹)?
- 7.A cooler bought for ₹1700 is sold for ₹1870. What is the profit per cent?
- 8.What is 15% of 760?
- 9.A fan bought for ₹800 is sold for ₹920. What is the profit per cent?
- 10.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1200. What is the profit (in ₹)?
- 11.A table bought for ₹700 is sold for ₹420. What is the loss per cent?
- 12.What is 15% of 100?
- 13.What is 25% of 220?
- 14.What is 55% of 40?
- 15.What is the simple interest on ₹900 at 9% per year for 2 years (in ₹)?
- 16.What is 30% of 240?
- 17.A shopkeeper buys a watch for ₹1200 and sells it for ₹990. What is the loss (in ₹)?
- 18.What is the simple interest on ₹1300 at 10% per year for 1 year (in ₹)?
- 19.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
- 20.A cycle costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹7800 at 10% per year for 5 years (in ₹)?
- 22.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
- 23.A shopkeeper buys a watch for ₹2200 and sells it for ₹1940. What is the loss (in ₹)?
- 24.What is the simple interest on ₹8100 at 4% per year for 4 years (in ₹)?
- 25.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹110. What is the loss (in ₹)?
- 26.A cricket kit bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 27.A shopkeeper buys a fan for ₹650 and sells it for ₹590. What is the loss (in ₹)?
- 28.The price of a cricket ball changed from ₹500 to ₹900. What is the percentage increase?
- 29.What is the simple interest on ₹3100 at 5% per year for 3 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹1200 at 11% per year for 4 years (in ₹)?
- 31.What is the simple interest on ₹4900 at 7% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a cooler for ₹500 and sells it for ₹700. What is the profit (in ₹)?
- 33.A shopkeeper buys a fan for ₹700 and sells it for ₹530. What is the loss (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹6400 at 2% per year for 2 years (in ₹)?
- 35.A cooler costs ₹1600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹2200 at 5% per year for 3 years (in ₹)?
- 37.A sewing machine costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 38.A table costs ₹3800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 2 years (in ₹)?
- 40.A fan costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
Answer key
- 50
- 287
- 270
- 25
- 290
- 120
- 10
- 114
- 15
- 100
- 40
- 15
- 55
- 22
- 162
- 72
- 210
- 130
- 40
- 3570
- 11700
- 50
- 260
- 1296
- 190
- 10
- 60
- 80
- 465
- 1728
- 686
- 200
- 170
- 6656
- 960
- 2530
- 1260
- 4940
- 3564
- 1190
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