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 cycle for ₹1900 and sells it for ₹2190. What is the profit (in ₹)?
- 2.A watch bought for ₹3600 is sold for ₹3240. What is the loss per cent?
- 3.The price of a box of mangoes changed from ₹40 to ₹20. What is the percentage decrease?
- 4.What is the amount (principal + simple interest) on ₹700 at 6% per year for 1 year (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8000 at 5% per year for 4 years (in ₹)?
- 6.A cricket kit costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.A fan bought for ₹3400 is sold for ₹4080. What is the profit per cent?
- 8.A sewing machine bought for ₹2400 is sold for ₹2160. What is the loss per cent?
- 9.A mobile phone costs ₹900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 10.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
- 11.A cricket kit costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.A cooler bought for ₹3200 is sold for ₹4160. What is the profit per cent?
- 13.A watch bought for ₹1500 is sold for ₹1725. What is the profit per cent?
- 14.What is the amount (principal + simple interest) on ₹6300 at 12% per year for 4 years (in ₹)?
- 15.A shopkeeper buys a cooler for ₹1650 and sells it for ₹1410. What is the loss (in ₹)?
- 16.What is 85% of 180?
- 17.A fan costs ₹3500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 18.The price of a school bag changed from ₹80 to ₹60. What is the percentage decrease?
- 19.A watch bought for ₹200 is sold for ₹240. What is the profit per cent?
- 20.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹1050. What is the profit (in ₹)?
- 21.The price of a water bottle changed from ₹50 to ₹55. What is the percentage increase?
- 22.A cooler bought for ₹2700 is sold for ₹3375. What is the profit per cent?
- 23.A cricket kit bought for ₹2100 is sold for ₹2520. What is the profit per cent?
- 24.What is 70% of 580?
- 25.The price of a box of mangoes changed from ₹400 to ₹700. What is the percentage increase?
- 26.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹680. What is the loss (in ₹)?
- 27.What is the simple interest on ₹7900 at 7% per year for 4 years (in ₹)?
- 28.The price of a school bag changed from ₹40 to ₹16. What is the percentage decrease?
- 29.What is the amount (principal + simple interest) on ₹2700 at 12% per year for 2 years (in ₹)?
- 30.A shopkeeper buys a table for ₹2350 and sells it for ₹2240. What is the loss (in ₹)?
- 31.A watch costs ₹1700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 32.The price of a water bottle changed from ₹40 to ₹64. What is the percentage increase?
- 33.What is 20% of 440?
- 34.What is the amount (principal + simple interest) on ₹7300 at 5% per year for 3 years (in ₹)?
- 35.What is the simple interest on ₹9400 at 11% per year for 1 year (in ₹)?
- 36.What is the simple interest on ₹6400 at 5% per year for 3 years (in ₹)?
- 37.A mobile phone bought for ₹200 is sold for ₹300. What is the profit per cent?
- 38.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
- 39.What is 70% of 920?
- 40.The price of a bus pass changed from ₹40 to ₹4. What is the percentage decrease?
Answer key
- 290
- 10
- 50
- 742
- 9600
- 1750
- 20
- 10
- 675
- 20
- 1440
- 30
- 15
- 9324
- 240
- 153
- 3150
- 25
- 20
- 50
- 10
- 25
- 20
- 406
- 75
- 270
- 2212
- 60
- 3348
- 110
- 1785
- 60
- 88
- 8395
- 1034
- 960
- 50
- 20
- 644
- 90
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