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 cricket kit for ₹2350 and sells it for ₹2230. What is the loss (in ₹)?
- 2.What is the simple interest on ₹1400 at 12% per year for 1 year (in ₹)?
- 3.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2330. What is the loss (in ₹)?
- 4.A table costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 5.What is 95% of 280?
- 6.The price of a school bag changed from ₹500 to ₹495. What is the percentage decrease?
- 7.A table costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹9900 at 11% per year for 5 years (in ₹)?
- 9.What is 25% of 320?
- 10.A cooler bought for ₹1000 is sold for ₹1400. What is the profit per cent?
- 11.A fan costs ₹2000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 12.A shopkeeper buys a table for ₹1350 and sells it for ₹1120. What is the loss (in ₹)?
- 13.The price of a box of mangoes changed from ₹200 to ₹204. What is the percentage increase?
- 14.A sewing machine bought for ₹1000 is sold for ₹900. What is the loss per cent?
- 15.A sewing machine bought for ₹3700 is sold for ₹2775. What is the loss per cent?
- 16.What is the amount (principal + simple interest) on ₹1300 at 5% per year for 5 years (in ₹)?
- 17.A cycle costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹5400 at 8% per year for 2 years (in ₹)?
- 19.A cricket kit costs ₹2900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹4800 at 12% per year for 1 year (in ₹)?
- 21.The price of a water bottle changed from ₹100 to ₹75. What is the percentage decrease?
- 22.What is the simple interest on ₹1600 at 12% per year for 2 years (in ₹)?
- 23.A shopkeeper buys a mobile phone for ₹2650 and sells it for ₹2900. What is the profit (in ₹)?
- 24.What is 80% of 120?
- 25.A sewing machine costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.A cricket kit bought for ₹3800 is sold for ₹2850. What is the loss per cent?
- 27.What is the amount (principal + simple interest) on ₹8400 at 6% per year for 2 years (in ₹)?
- 28.What is 25% of 500?
- 29.What is the amount (principal + simple interest) on ₹4200 at 9% per year for 1 year (in ₹)?
- 30.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹1300. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹700 at 6% per year for 2 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹8300 at 10% per year for 3 years (in ₹)?
- 33.What is 80% of 880?
- 34.A cooler bought for ₹500 is sold for ₹525. What is the profit per cent?
- 35.A shopkeeper buys a cycle for ₹2950 and sells it for ₹2770. What is the loss (in ₹)?
- 36.A cricket kit costs ₹3900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 37.A cycle bought for ₹500 is sold for ₹375. What is the loss per cent?
- 38.A shopkeeper buys a mobile phone for ₹2100 and sells it for ₹2140. What is the profit (in ₹)?
- 39.A shopkeeper buys a cricket kit for ₹1550 and sells it for ₹1620. What is the profit (in ₹)?
- 40.The price of a school bag changed from ₹80 to ₹104. What is the percentage increase?
Answer key
- 120
- 168
- 170
- 3570
- 266
- 1
- 1275
- 5445
- 80
- 40
- 1760
- 230
- 2
- 10
- 25
- 1625
- 950
- 864
- 3625
- 576
- 25
- 384
- 250
- 96
- 1440
- 25
- 9408
- 125
- 4578
- 300
- 784
- 10790
- 704
- 5
- 180
- 4680
- 25
- 40
- 70
- 30
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