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 ₹500 to ₹600. What is the percentage increase?
- 2.A cooler bought for ₹2300 is sold for ₹1840. What is the loss per cent?
- 3.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹380. What is the profit (in ₹)?
- 4.What is 45% of 480?
- 5.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹520. What is the loss (in ₹)?
- 6.A shopkeeper buys a cycle for ₹2650 and sells it for ₹2940. What is the profit (in ₹)?
- 7.A watch costs ₹700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹7200 at 10% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a cycle for ₹400 and sells it for ₹670. What is the profit (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 4 years (in ₹)?
- 11.A sewing machine costs ₹700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 12.What is the simple interest on ₹9500 at 6% per year for 1 year (in ₹)?
- 13.A shopkeeper buys a table for ₹300 and sells it for ₹580. What is the profit (in ₹)?
- 14.A shopkeeper buys a watch for ₹2150 and sells it for ₹2400. What is the profit (in ₹)?
- 15.The price of a water bottle changed from ₹25 to ₹40. What is the percentage increase?
- 16.What is 70% of 280?
- 17.What is the simple interest on ₹4100 at 7% per year for 3 years (in ₹)?
- 18.A cricket kit bought for ₹1800 is sold for ₹1440. What is the loss per cent?
- 19.A sewing machine costs ₹1200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 20.A cooler bought for ₹1900 is sold for ₹1615. What is the loss per cent?
- 21.The price of a school bag changed from ₹80 to ₹140. What is the percentage increase?
- 22.A sewing machine costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 23.A table costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 24.What is 10% of 140?
- 25.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
- 26.A cooler bought for ₹3900 is sold for ₹2925. What is the loss per cent?
- 27.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2290. What is the loss (in ₹)?
- 28.A watch bought for ₹2900 is sold for ₹2320. What is the loss per cent?
- 29.What is the amount (principal + simple interest) on ₹6100 at 2% per year for 1 year (in ₹)?
- 30.A shopkeeper buys a cycle for ₹550 and sells it for ₹670. What is the profit (in ₹)?
- 31.What is 45% of 600?
- 32.A cooler costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a cooler for ₹2050 and sells it for ₹1830. What is the loss (in ₹)?
- 34.The price of a box of mangoes changed from ₹200 to ₹220. What is the percentage increase?
- 35.What is the simple interest on ₹5300 at 7% per year for 3 years (in ₹)?
- 36.What is 15% of 220?
- 37.What is the amount (principal + simple interest) on ₹6100 at 9% per year for 2 years (in ₹)?
- 38.What is 40% of 140?
- 39.What is 65% of 860?
- 40.A cricket kit bought for ₹2000 is sold for ₹1800. What is the loss per cent?
Answer key
- 20
- 20
- 180
- 216
- 180
- 290
- 560
- 2160
- 270
- 3844
- 490
- 570
- 280
- 250
- 60
- 196
- 861
- 20
- 1380
- 15
- 75
- 2775
- 920
- 14
- 60
- 25
- 260
- 20
- 6222
- 120
- 270
- 2420
- 220
- 10
- 1113
- 33
- 7198
- 56
- 559
- 10
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