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 cooler for ₹2350 and sells it for ₹2460. What is the profit (in ₹)?
- 2.A shopkeeper buys a fan for ₹850 and sells it for ₹990. What is the profit (in ₹)?
- 3.A cooler costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 4.The price of a pair of shoes changed from ₹20 to ₹30. What is the percentage increase?
- 5.The price of a cricket ball changed from ₹100 to ₹75. What is the percentage decrease?
- 6.A cricket kit bought for ₹3500 is sold for ₹4375. What is the profit per cent?
- 7.A fan bought for ₹1800 is sold for ₹1710. What is the loss per cent?
- 8.A sewing machine costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 9.A shopkeeper buys a cycle for ₹500 and sells it for ₹700. What is the profit (in ₹)?
- 10.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹1180. What is the profit (in ₹)?
- 11.A shopkeeper buys a table for ₹900 and sells it for ₹980. What is the profit (in ₹)?
- 12.A cooler bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 13.What is the simple interest on ₹5800 at 3% per year for 2 years (in ₹)?
- 14.The price of a cricket ball changed from ₹500 to ₹490. What is the percentage decrease?
- 15.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 1 year (in ₹)?
- 16.The price of a box of mangoes changed from ₹100 to ₹95. What is the percentage decrease?
- 17.The price of a box of mangoes changed from ₹40 to ₹64. What is the percentage increase?
- 18.What is the amount (principal + simple interest) on ₹1400 at 9% per year for 1 year (in ₹)?
- 19.A table bought for ₹2800 is sold for ₹3920. What is the profit per cent?
- 20.What is the amount (principal + simple interest) on ₹5000 at 8% per year for 1 year (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹3300 at 3% per year for 5 years (in ₹)?
- 22.What is 10% of 440?
- 23.The price of a bus pass changed from ₹100 to ₹105. What is the percentage increase?
- 24.A sewing machine bought for ₹2800 is sold for ₹3920. What is the profit per cent?
- 25.What is the amount (principal + simple interest) on ₹5000 at 3% per year for 1 year (in ₹)?
- 26.What is 65% of 960?
- 27.A sewing machine costs ₹500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 28.The price of a pair of shoes changed from ₹80 to ₹60. What is the percentage decrease?
- 29.The price of a bus pass changed from ₹500 to ₹450. What is the percentage decrease?
- 30.What is the simple interest on ₹2200 at 6% per year for 5 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹4400 at 12% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a fan for ₹1450 and sells it for ₹1510. What is the profit (in ₹)?
- 33.What is 35% of 860?
- 34.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 1 year (in ₹)?
- 35.What is the simple interest on ₹1700 at 11% per year for 2 years (in ₹)?
- 36.A cooler costs ₹2200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 37.A shopkeeper buys a watch for ₹2050 and sells it for ₹1750. What is the loss (in ₹)?
- 38.A cooler bought for ₹1800 is sold for ₹2016. What is the profit per cent?
- 39.The price of a school bag changed from ₹20 to ₹36. What is the percentage increase?
- 40.A fan costs ₹3600. It is sold at a 12% loss. What is the selling price (in ₹)?
Answer key
- 110
- 140
- 1904
- 50
- 25
- 25
- 5
- 3432
- 200
- 280
- 80
- 12
- 348
- 2
- 6741
- 5
- 60
- 1526
- 40
- 5400
- 3795
- 44
- 5
- 40
- 5150
- 624
- 450
- 25
- 10
- 660
- 7040
- 60
- 301
- 2987
- 374
- 2464
- 300
- 12
- 80
- 3168
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