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 cricket kit for ₹2850 and sells it for ₹3090. What is the profit (in ₹)?
- 2.What is 80% of 220?
- 3.A fan bought for ₹1700 is sold for ₹1870. What is the profit per cent?
- 4.A cycle bought for ₹2800 is sold for ₹1960. What is the loss per cent?
- 5.A table bought for ₹2900 is sold for ₹1740. What is the loss per cent?
- 6.What is the simple interest on ₹7600 at 8% per year for 2 years (in ₹)?
- 7.A watch costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹7000 at 9% per year for 2 years (in ₹)?
- 9.The price of a bus pass changed from ₹40 to ₹24. What is the percentage decrease?
- 10.A watch bought for ₹3400 is sold for ₹3230. What is the loss per cent?
- 11.The price of a pair of shoes changed from ₹40 to ₹36. What is the percentage decrease?
- 12.A fan costs ₹1300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 13.The price of a box of mangoes changed from ₹250 to ₹325. What is the percentage increase?
- 14.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
- 15.A shopkeeper buys a cricket kit for ₹2250 and sells it for ₹2170. What is the loss (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹2200 at 7% per year for 2 years (in ₹)?
- 17.The price of a box of mangoes changed from ₹200 to ₹20. What is the percentage decrease?
- 18.A cycle costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 19.The price of a pair of shoes changed from ₹20 to ₹38. What is the percentage increase?
- 20.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1060. What is the loss (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹2400 at 10% per year for 1 year (in ₹)?
- 22.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1640. What is the profit (in ₹)?
- 23.A fan costs ₹200. It is sold at a 15% loss. What is the selling price (in ₹)?
- 24.A shopkeeper buys a table for ₹250 and sells it for ₹160. What is the loss (in ₹)?
- 25.The price of a water bottle changed from ₹400 to ₹360. What is the percentage decrease?
- 26.What is 85% of 140?
- 27.The price of a box of mangoes changed from ₹40 to ₹60. What is the percentage increase?
- 28.A table bought for ₹1300 is sold for ₹1170. What is the loss per cent?
- 29.The price of a water bottle changed from ₹500 to ₹550. What is the percentage increase?
- 30.A cricket kit bought for ₹3400 is sold for ₹2040. What is the loss per cent?
- 31.A sewing machine costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 32.A fan costs ₹3600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 33.A fan costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 34.What is 80% of 900?
- 35.What is the amount (principal + simple interest) on ₹7600 at 10% per year for 4 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹8200 at 12% per year for 5 years (in ₹)?
- 37.A mobile phone costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 38.A shopkeeper buys a fan for ₹2100 and sells it for ₹2380. What is the profit (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹5900 at 3% per year for 5 years (in ₹)?
- 40.A cooler bought for ₹1100 is sold for ₹1210. What is the profit per cent?
Answer key
- 240
- 176
- 10
- 30
- 40
- 1216
- 4200
- 8260
- 40
- 5
- 10
- 1235
- 30
- 50
- 80
- 2508
- 90
- 2100
- 90
- 40
- 2640
- 140
- 170
- 90
- 10
- 119
- 50
- 10
- 10
- 40
- 448
- 3060
- 1275
- 720
- 10640
- 13120
- 1750
- 280
- 6785
- 10
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