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 table bought for ₹2500 is sold for ₹2250. What is the loss per cent?
- 2.A shopkeeper buys a watch for ₹500 and sells it for ₹320. What is the loss (in ₹)?
- 3.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
- 4.A cricket kit bought for ₹3000 is sold for ₹3450. What is the profit per cent?
- 5.What is 70% of 260?
- 6.A table bought for ₹3900 is sold for ₹4095. What is the profit per cent?
- 7.What is the simple interest on ₹8600 at 5% per year for 5 years (in ₹)?
- 8.What is 70% of 960?
- 9.A cooler costs ₹1300. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.What is 60% of 560?
- 11.A sewing machine bought for ₹3500 is sold for ₹2800. What is the loss per cent?
- 12.What is the simple interest on ₹9600 at 8% per year for 2 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹9000 at 11% per year for 1 year (in ₹)?
- 14.A mobile phone bought for ₹2400 is sold for ₹1440. What is the loss per cent?
- 15.What is the simple interest on ₹5000 at 12% per year for 1 year (in ₹)?
- 16.A shopkeeper buys a mobile phone for ₹750 and sells it for ₹570. What is the loss (in ₹)?
- 17.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
- 18.A fan bought for ₹500 is sold for ₹560. What is the profit per cent?
- 19.The price of a water bottle changed from ₹20 to ₹15. What is the percentage decrease?
- 20.A fan costs ₹3000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹9400 at 5% per year for 2 years (in ₹)?
- 22.A shopkeeper buys a fan for ₹450 and sells it for ₹680. What is the profit (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹340. What is the profit (in ₹)?
- 24.A shopkeeper buys a fan for ₹750 and sells it for ₹660. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 1 year (in ₹)?
- 26.The price of a pair of shoes changed from ₹200 to ₹20. What is the percentage decrease?
- 27.A cricket kit bought for ₹300 is sold for ₹390. What is the profit per cent?
- 28.A table bought for ₹2300 is sold for ₹2070. What is the loss per cent?
- 29.A fan bought for ₹3900 is sold for ₹2340. What is the loss per cent?
- 30.What is the amount (principal + simple interest) on ₹2700 at 3% per year for 3 years (in ₹)?
- 31.A cycle costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 32.A table bought for ₹3600 is sold for ₹3960. What is the profit per cent?
- 33.A sewing machine costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 34.What is 70% of 800?
- 35.A mobile phone costs ₹3300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a watch for ₹1300 and sells it for ₹1040. What is the loss (in ₹)?
- 37.A cooler costs ₹1800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹6000 at 5% per year for 1 year (in ₹)?
- 39.What is 55% of 320?
- 40.A cricket kit costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 10
- 180
- 5
- 15
- 182
- 5
- 2150
- 672
- 1144
- 336
- 20
- 1536
- 9990
- 40
- 600
- 180
- 75
- 12
- 25
- 3150
- 940
- 230
- 40
- 90
- 2398
- 90
- 30
- 10
- 40
- 2943
- 230
- 10
- 1350
- 560
- 4125
- 260
- 1980
- 6300
- 176
- 1904
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