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 ₹1700 and sells it for ₹1780. What is the profit (in ₹)?
- 2.A mobile phone costs ₹3500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 3.What is 40% of 440?
- 4.What is the simple interest on ₹4800 at 8% per year for 1 year (in ₹)?
- 5.The price of a cricket ball changed from ₹25 to ₹35. What is the percentage increase?
- 6.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 1 year (in ₹)?
- 7.What is the simple interest on ₹3700 at 9% per year for 1 year (in ₹)?
- 8.A shopkeeper buys a cycle for ₹200 and sells it for ₹120. What is the loss (in ₹)?
- 9.What is 60% of 80?
- 10.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹320. What is the loss (in ₹)?
- 11.What is 20% of 320?
- 12.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1750. What is the profit (in ₹)?
- 13.A cricket kit bought for ₹1400 is sold for ₹700. What is the loss per cent?
- 14.A cricket kit costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 15.A watch bought for ₹4000 is sold for ₹3000. What is the loss per cent?
- 16.A cycle costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹9900 at 11% per year for 1 year (in ₹)?
- 18.A cricket kit bought for ₹2100 is sold for ₹2415. What is the profit per cent?
- 19.The price of a school bag changed from ₹50 to ₹30. What is the percentage decrease?
- 20.A cooler bought for ₹900 is sold for ₹720. What is the loss per cent?
- 21.What is 15% of 760?
- 22.A fan costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.A cricket kit costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹990. What is the profit (in ₹)?
- 25.A cycle costs ₹2500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.A cricket kit bought for ₹2500 is sold for ₹2375. What is the loss per cent?
- 27.What is the amount (principal + simple interest) on ₹1300 at 6% per year for 3 years (in ₹)?
- 28.What is 75% of 1000?
- 29.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 1 year (in ₹)?
- 30.What is 75% of 660?
- 31.What is 10% of 440?
- 32.A shopkeeper buys a fan for ₹1300 and sells it for ₹1290. What is the loss (in ₹)?
- 33.The price of a pair of shoes changed from ₹50 to ₹95. What is the percentage increase?
- 34.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹3050. What is the profit (in ₹)?
- 35.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2650. What is the profit (in ₹)?
- 36.A table costs ₹3100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 37.What is the simple interest on ₹3300 at 11% per year for 5 years (in ₹)?
- 38.What is 25% of 920?
- 39.A cooler bought for ₹900 is sold for ₹765. What is the loss per cent?
- 40.The price of a water bottle changed from ₹80 to ₹40. What is the percentage decrease?
Answer key
- 80
- 4900
- 176
- 384
- 40
- 8140
- 333
- 80
- 48
- 80
- 64
- 150
- 50
- 1568
- 25
- 480
- 10989
- 15
- 40
- 20
- 114
- 3250
- 2240
- 190
- 1500
- 5
- 1534
- 750
- 2808
- 495
- 44
- 10
- 90
- 250
- 200
- 2728
- 1815
- 230
- 15
- 50
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