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 cycle costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1900. What is the profit (in ₹)?
- 3.A sewing machine bought for ₹3600 is sold for ₹1800. What is the loss per cent?
- 4.A sewing machine costs ₹3000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 5.A cycle bought for ₹900 is sold for ₹945. What is the profit per cent?
- 6.What is 95% of 340?
- 7.What is 80% of 960?
- 8.What is the simple interest on ₹7200 at 3% per year for 3 years (in ₹)?
- 9.What is 85% of 880?
- 10.The price of a cricket ball changed from ₹50 to ₹95. What is the percentage increase?
- 11.The price of a water bottle changed from ₹25 to ₹45. What is the percentage increase?
- 12.What is the simple interest on ₹9300 at 4% per year for 1 year (in ₹)?
- 13.A shopkeeper buys a cycle for ₹1850 and sells it for ₹1760. What is the loss (in ₹)?
- 14.A fan bought for ₹600 is sold for ₹690. What is the profit per cent?
- 15.What is the amount (principal + simple interest) on ₹7100 at 5% per year for 1 year (in ₹)?
- 16.The price of a cricket ball changed from ₹100 to ₹140. What is the percentage increase?
- 17.A shopkeeper buys a cycle for ₹600 and sells it for ₹400. What is the loss (in ₹)?
- 18.What is 35% of 100?
- 19.The price of a box of mangoes changed from ₹40 to ₹20. What is the percentage decrease?
- 20.A table bought for ₹2500 is sold for ₹1750. What is the loss per cent?
- 21.A table bought for ₹500 is sold for ₹425. What is the loss per cent?
- 22.What is the amount (principal + simple interest) on ₹3500 at 3% per year for 2 years (in ₹)?
- 23.What is the simple interest on ₹1900 at 6% per year for 2 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹2100 at 7% per year for 1 year (in ₹)?
- 25.The price of a pair of shoes changed from ₹25 to ₹15. What is the percentage decrease?
- 26.The price of a school bag changed from ₹20 to ₹5. What is the percentage decrease?
- 27.The price of a water bottle changed from ₹400 to ₹300. What is the percentage decrease?
- 28.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1280. What is the loss (in ₹)?
- 29.A sewing machine bought for ₹400 is sold for ₹500. What is the profit per cent?
- 30.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2020. What is the loss (in ₹)?
- 31.What is the simple interest on ₹7300 at 5% per year for 1 year (in ₹)?
- 32.A shopkeeper buys a watch for ₹750 and sells it for ₹900. What is the profit (in ₹)?
- 33.What is 15% of 920?
- 34.What is the simple interest on ₹9000 at 3% per year for 3 years (in ₹)?
- 35.A mobile phone bought for ₹900 is sold for ₹540. What is the loss per cent?
- 36.A cricket kit costs ₹1300. It is sold at a 10% loss. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹6800 at 7% per year for 1 year (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹3000 at 7% per year for 1 year (in ₹)?
- 39.The price of a bus pass changed from ₹250 to ₹100. What is the percentage decrease?
- 40.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹590. What is the profit (in ₹)?
Answer key
- 1080
- 150
- 50
- 2100
- 5
- 323
- 768
- 648
- 748
- 90
- 80
- 372
- 90
- 15
- 7455
- 40
- 200
- 35
- 50
- 30
- 15
- 3710
- 228
- 2247
- 40
- 75
- 25
- 170
- 25
- 130
- 365
- 150
- 138
- 810
- 40
- 1170
- 7276
- 3210
- 60
- 140
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