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 cooler for ₹1300 and sells it for ₹1220. What is the loss (in ₹)?
- 2.A fan bought for ₹2800 is sold for ₹3920. What is the profit per cent?
- 3.A shopkeeper buys a table for ₹2150 and sells it for ₹2400. What is the profit (in ₹)?
- 4.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2710. What is the profit (in ₹)?
- 5.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2970. What is the profit (in ₹)?
- 6.What is the simple interest on ₹8300 at 3% per year for 5 years (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2860. What is the profit (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹580. What is the loss (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 1 year (in ₹)?
- 10.A mobile phone bought for ₹2700 is sold for ₹2160. What is the loss per cent?
- 11.A cricket kit costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 12.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 13.What is the simple interest on ₹7200 at 4% per year for 4 years (in ₹)?
- 14.The price of a cricket ball changed from ₹40 to ₹70. What is the percentage increase?
- 15.A cooler costs ₹400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 16.What is the simple interest on ₹3800 at 2% per year for 3 years (in ₹)?
- 17.The price of a water bottle changed from ₹400 to ₹80. What is the percentage decrease?
- 18.What is 5% of 440?
- 19.What is the amount (principal + simple interest) on ₹2400 at 8% per year for 1 year (in ₹)?
- 20.A cricket kit bought for ₹1800 is sold for ₹1710. What is the loss per cent?
- 21.A shopkeeper buys a watch for ₹1450 and sells it for ₹1740. What is the profit (in ₹)?
- 22.A cycle costs ₹3200. It is sold at a 50% loss. What is the selling price (in ₹)?
- 23.The price of a school bag changed from ₹500 to ₹510. What is the percentage increase?
- 24.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹680. What is the profit (in ₹)?
- 25.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹930. What is the loss (in ₹)?
- 26.A table costs ₹1200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹530. What is the loss (in ₹)?
- 28.A cricket kit costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 29.A watch costs ₹2800. It is sold at a 15% loss. What is the selling price (in ₹)?
- 30.The price of a water bottle changed from ₹20 to ₹36. What is the percentage increase?
- 31.What is the simple interest on ₹9800 at 5% per year for 4 years (in ₹)?
- 32.The price of a school bag changed from ₹20 to ₹15. What is the percentage decrease?
- 33.What is 30% of 920?
- 34.A watch bought for ₹2900 is sold for ₹4060. What is the profit per cent?
- 35.A shopkeeper buys a table for ₹500 and sells it for ₹370. What is the loss (in ₹)?
- 36.A sewing machine bought for ₹200 is sold for ₹176. What is the loss per cent?
- 37.A watch bought for ₹1600 is sold for ₹1520. What is the loss per cent?
- 38.What is the simple interest on ₹8100 at 11% per year for 3 years (in ₹)?
- 39.A shopkeeper buys a watch for ₹2200 and sells it for ₹2370. What is the profit (in ₹)?
- 40.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?
Answer key
- 80
- 40
- 250
- 210
- 170
- 1245
- 10
- 20
- 5610
- 20
- 1710
- 40
- 1152
- 75
- 500
- 228
- 80
- 22
- 2592
- 5
- 290
- 1600
- 2
- 80
- 20
- 1320
- 20
- 910
- 2380
- 80
- 1960
- 25
- 276
- 40
- 130
- 12
- 5
- 2673
- 170
- 25
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