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.The price of a pair of shoes changed from ₹100 to ₹110. What is the percentage increase?
- 2.What is 70% of 120?
- 3.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1400. What is the profit (in ₹)?
- 4.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3030. What is the profit (in ₹)?
- 5.What is 80% of 540?
- 6.A shopkeeper buys a fan for ₹1500 and sells it for ₹1540. What is the profit (in ₹)?
- 7.What is 35% of 880?
- 8.A sewing machine bought for ₹3000 is sold for ₹3300. What is the profit per cent?
- 9.The price of a pair of shoes changed from ₹250 to ₹245. What is the percentage decrease?
- 10.A cycle bought for ₹3900 is sold for ₹4095. What is the profit per cent?
- 11.What is 35% of 60?
- 12.The price of a box of mangoes changed from ₹20 to ₹22. What is the percentage increase?
- 13.A cycle bought for ₹2400 is sold for ₹2760. What is the profit per cent?
- 14.A shopkeeper buys a fan for ₹2400 and sells it for ₹2450. What is the profit (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹2100 at 10% per year for 5 years (in ₹)?
- 16.A shopkeeper buys a watch for ₹2000 and sells it for ₹2290. What is the profit (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 2 years (in ₹)?
- 18.What is the simple interest on ₹7900 at 3% per year for 5 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹5000 at 10% per year for 3 years (in ₹)?
- 20.What is 5% of 200?
- 21.What is the simple interest on ₹2700 at 8% per year for 1 year (in ₹)?
- 22.A mobile phone costs ₹400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 23.A cricket kit bought for ₹1300 is sold for ₹910. What is the loss per cent?
- 24.A shopkeeper buys a cooler for ₹2600 and sells it for ₹2860. What is the profit (in ₹)?
- 25.A fan costs ₹300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹800 at 5% per year for 1 year (in ₹)?
- 27.A shopkeeper buys a watch for ₹1200 and sells it for ₹1040. What is the loss (in ₹)?
- 28.The price of a school bag changed from ₹250 to ₹200. What is the percentage decrease?
- 29.What is the simple interest on ₹3700 at 4% per year for 1 year (in ₹)?
- 30.The price of a cricket ball changed from ₹80 to ₹40. What is the percentage decrease?
- 31.A sewing machine bought for ₹400 is sold for ₹380. What is the loss per cent?
- 32.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1150. What is the loss (in ₹)?
- 33.A shopkeeper buys a fan for ₹300 and sells it for ₹570. What is the profit (in ₹)?
- 34.The price of a box of mangoes changed from ₹500 to ₹800. What is the percentage increase?
- 35.What is 95% of 220?
- 36.What is the amount (principal + simple interest) on ₹8400 at 2% per year for 5 years (in ₹)?
- 37.What is 45% of 260?
- 38.The price of a pair of shoes changed from ₹200 to ₹120. What is the percentage decrease?
- 39.What is the amount (principal + simple interest) on ₹2900 at 8% per year for 1 year (in ₹)?
- 40.What is the simple interest on ₹5500 at 4% per year for 1 year (in ₹)?
Answer key
- 10
- 84
- 150
- 130
- 432
- 40
- 308
- 10
- 2
- 5
- 21
- 10
- 15
- 50
- 3150
- 290
- 10716
- 1185
- 6500
- 10
- 216
- 340
- 30
- 260
- 315
- 840
- 160
- 20
- 148
- 50
- 5
- 200
- 270
- 60
- 209
- 9240
- 117
- 40
- 3132
- 220
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