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 mobile phone for ₹2900 and sells it for ₹3160. What is the profit (in ₹)?
- 2.What is the simple interest on ₹8600 at 4% per year for 2 years (in ₹)?
- 3.What is the simple interest on ₹4700 at 12% per year for 5 years (in ₹)?
- 4.What is 65% of 940?
- 5.A shopkeeper buys a fan for ₹2300 and sells it for ₹2070. What is the loss (in ₹)?
- 6.The price of a cricket ball changed from ₹80 to ₹120. What is the percentage increase?
- 7.The price of a box of mangoes changed from ₹20 to ₹8. What is the percentage decrease?
- 8.The price of a box of mangoes changed from ₹200 to ₹204. What is the percentage increase?
- 9.A cycle costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 10.A cooler bought for ₹3800 is sold for ₹3420. What is the loss per cent?
- 11.The price of a pair of shoes changed from ₹40 to ₹30. What is the percentage decrease?
- 12.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1630. What is the loss (in ₹)?
- 13.A sewing machine bought for ₹2900 is sold for ₹1450. What is the loss per cent?
- 14.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1130. What is the loss (in ₹)?
- 15.A table bought for ₹3200 is sold for ₹2816. What is the loss per cent?
- 16.What is 10% of 100?
- 17.What is the amount (principal + simple interest) on ₹900 at 8% per year for 2 years (in ₹)?
- 18.What is 45% of 140?
- 19.A sewing machine bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 20.What is the amount (principal + simple interest) on ₹4900 at 4% per year for 4 years (in ₹)?
- 21.A cooler costs ₹400. It is sold at a 30% loss. What is the selling price (in ₹)?
- 22.What is the simple interest on ₹3300 at 11% per year for 4 years (in ₹)?
- 23.What is 5% of 940?
- 24.What is 35% of 60?
- 25.A cycle costs ₹3600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 26.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 27.What is 70% of 280?
- 28.A cooler costs ₹3500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 29.The price of a cricket ball changed from ₹400 to ₹240. What is the percentage decrease?
- 30.The price of a box of mangoes changed from ₹200 to ₹80. What is the percentage decrease?
- 31.What is 5% of 760?
- 32.A watch costs ₹3000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 33.A cooler bought for ₹1600 is sold for ₹2000. What is the profit per cent?
- 34.A cricket kit bought for ₹2400 is sold for ₹3600. What is the profit per cent?
- 35.What is the simple interest on ₹8900 at 12% per year for 1 year (in ₹)?
- 36.What is the simple interest on ₹900 at 10% per year for 3 years (in ₹)?
- 37.The price of a water bottle changed from ₹20 to ₹18. What is the percentage decrease?
- 38.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2460. What is the loss (in ₹)?
- 39.What is the simple interest on ₹8600 at 9% per year for 2 years (in ₹)?
- 40.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1210. What is the profit (in ₹)?
Answer key
- 260
- 688
- 2820
- 611
- 230
- 50
- 60
- 2
- 1150
- 10
- 25
- 20
- 50
- 170
- 12
- 10
- 1044
- 63
- 25
- 5684
- 280
- 1452
- 47
- 21
- 4680
- 40
- 196
- 4200
- 40
- 60
- 38
- 2640
- 25
- 50
- 1068
- 270
- 10
- 240
- 1548
- 160
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