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.What is 65% of 280?
- 2.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2060. What is the loss (in ₹)?
- 3.A sewing machine bought for ₹1900 is sold for ₹1805. What is the loss per cent?
- 4.A cycle bought for ₹2500 is sold for ₹1500. What is the loss per cent?
- 5.A cricket kit bought for ₹1100 is sold for ₹1540. What is the profit per cent?
- 6.A fan bought for ₹1300 is sold for ₹1040. What is the loss per cent?
- 7.What is the simple interest on ₹4500 at 5% per year for 3 years (in ₹)?
- 8.A fan bought for ₹2500 is sold for ₹2750. What is the profit per cent?
- 9.A fan bought for ₹2000 is sold for ₹1600. What is the loss per cent?
- 10.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 5 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹8500 at 11% per year for 1 year (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 2 years (in ₹)?
- 13.The price of a pair of shoes changed from ₹50 to ₹60. What is the percentage increase?
- 14.What is the simple interest on ₹5800 at 2% per year for 4 years (in ₹)?
- 15.What is 55% of 720?
- 16.A cooler costs ₹3100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 17.The price of a water bottle changed from ₹40 to ₹8. What is the percentage decrease?
- 18.What is the simple interest on ₹7900 at 10% per year for 1 year (in ₹)?
- 19.A table bought for ₹1200 is sold for ₹1056. What is the loss per cent?
- 20.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
- 21.What is 15% of 800?
- 22.What is the amount (principal + simple interest) on ₹7600 at 7% per year for 1 year (in ₹)?
- 23.A cricket kit costs ₹1200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 24.A shopkeeper buys a watch for ₹1050 and sells it for ₹1170. What is the profit (in ₹)?
- 25.A mobile phone bought for ₹3900 is sold for ₹4680. What is the profit per cent?
- 26.What is 40% of 180?
- 27.A watch bought for ₹300 is sold for ₹210. What is the loss per cent?
- 28.A fan costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.A cricket kit costs ₹3900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 30.A cricket kit costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 31.The price of a pair of shoes changed from ₹200 to ₹300. What is the percentage increase?
- 32.What is the simple interest on ₹1900 at 3% per year for 1 year (in ₹)?
- 33.The price of a bus pass changed from ₹40 to ₹28. What is the percentage decrease?
- 34.A shopkeeper buys a cooler for ₹850 and sells it for ₹1030. What is the profit (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹8500 at 4% per year for 5 years (in ₹)?
- 36.What is the simple interest on ₹9300 at 2% per year for 1 year (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹9400 at 11% per year for 1 year (in ₹)?
- 38.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
- 39.The price of a bus pass changed from ₹25 to ₹40. What is the percentage increase?
- 40.The price of a cricket ball changed from ₹50 to ₹60. What is the percentage increase?
Answer key
- 182
- 290
- 5
- 40
- 40
- 20
- 675
- 10
- 20
- 5720
- 9435
- 3696
- 20
- 464
- 396
- 1860
- 80
- 790
- 12
- 20
- 120
- 8132
- 1020
- 120
- 20
- 72
- 30
- 440
- 5460
- 735
- 50
- 57
- 30
- 180
- 10200
- 186
- 10434
- 50
- 60
- 20
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