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 mobile phone for ₹1750 and sells it for ₹1800. What is the profit (in ₹)?
- 2.A shopkeeper buys a cycle for ₹500 and sells it for ₹680. What is the profit (in ₹)?
- 3.What is 5% of 720?
- 4.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹450. What is the profit (in ₹)?
- 5.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
- 6.A cooler bought for ₹3800 is sold for ₹3420. What is the loss per cent?
- 7.What is the amount (principal + simple interest) on ₹9900 at 9% per year for 2 years (in ₹)?
- 8.A fan bought for ₹2500 is sold for ₹2200. What is the loss per cent?
- 9.What is the simple interest on ₹6500 at 4% per year for 2 years (in ₹)?
- 10.What is 65% of 900?
- 11.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2670. What is the profit (in ₹)?
- 12.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
- 13.The price of a water bottle changed from ₹40 to ₹10. What is the percentage decrease?
- 14.A shopkeeper buys a mobile phone for ₹450 and sells it for ₹650. What is the profit (in ₹)?
- 15.The price of a bus pass changed from ₹200 to ₹180. What is the percentage decrease?
- 16.What is 20% of 360?
- 17.A cycle costs ₹3300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 18.A cricket kit bought for ₹3200 is sold for ₹4000. What is the profit per cent?
- 19.A cycle bought for ₹1200 is sold for ₹840. What is the loss per cent?
- 20.A shopkeeper buys a cycle for ₹2050 and sells it for ₹1750. What is the loss (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 3 years (in ₹)?
- 22.What is 15% of 900?
- 23.A cycle bought for ₹800 is sold for ₹400. What is the loss per cent?
- 24.A fan bought for ₹800 is sold for ₹720. What is the loss per cent?
- 25.What is the amount (principal + simple interest) on ₹500 at 5% per year for 5 years (in ₹)?
- 26.What is 40% of 360?
- 27.What is 70% of 620?
- 28.What is the simple interest on ₹6900 at 12% per year for 3 years (in ₹)?
- 29.A cooler costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 30.A cycle bought for ₹2100 is sold for ₹1890. What is the loss per cent?
- 31.A mobile phone costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 32.The price of a water bottle changed from ₹80 to ₹88. What is the percentage increase?
- 33.The price of a water bottle changed from ₹200 to ₹80. What is the percentage decrease?
- 34.A sewing machine bought for ₹1200 is sold for ₹1260. What is the profit per cent?
- 35.A fan costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 36.What is 75% of 720?
- 37.What is 75% of 160?
- 38.What is 30% of 80?
- 39.What is the amount (principal + simple interest) on ₹7000 at 11% per year for 3 years (in ₹)?
- 40.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
Answer key
- 50
- 180
- 36
- 100
- 90
- 10
- 11682
- 12
- 520
- 585
- 70
- 40
- 75
- 200
- 10
- 72
- 4290
- 25
- 30
- 300
- 2660
- 135
- 50
- 10
- 625
- 144
- 434
- 2484
- 3840
- 10
- 3360
- 10
- 60
- 5
- 375
- 540
- 120
- 24
- 9310
- 50
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