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 ₹850 and sells it for ₹770. What is the loss (in ₹)?
- 2.What is 90% of 600?
- 3.What is 95% of 780?
- 4.A cycle costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 5.A mobile phone costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 6.A fan bought for ₹3600 is sold for ₹4500. What is the profit per cent?
- 7.What is 55% of 920?
- 8.A shopkeeper buys a cricket kit for ₹650 and sells it for ₹950. What is the profit (in ₹)?
- 9.The price of a bus pass changed from ₹25 to ₹30. What is the percentage increase?
- 10.What is the amount (principal + simple interest) on ₹7900 at 6% per year for 3 years (in ₹)?
- 11.A shopkeeper buys a watch for ₹3000 and sells it for ₹3120. What is the profit (in ₹)?
- 12.A shopkeeper buys a cooler for ₹950 and sells it for ₹1140. What is the profit (in ₹)?
- 13.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
- 14.What is 60% of 520?
- 15.A cycle costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 16.A shopkeeper buys a cooler for ₹1900 and sells it for ₹1880. What is the loss (in ₹)?
- 17.A sewing machine costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹7100 at 3% per year for 1 year (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹6500 at 5% per year for 4 years (in ₹)?
- 20.What is the simple interest on ₹3700 at 8% per year for 1 year (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹1000 at 7% per year for 3 years (in ₹)?
- 22.The price of a box of mangoes changed from ₹400 to ₹760. What is the percentage increase?
- 23.What is the simple interest on ₹4200 at 5% per year for 5 years (in ₹)?
- 24.What is the simple interest on ₹4900 at 5% per year for 1 year (in ₹)?
- 25.A shopkeeper buys a cycle for ₹800 and sells it for ₹1040. What is the profit (in ₹)?
- 26.A fan bought for ₹2600 is sold for ₹1950. What is the loss per cent?
- 27.A shopkeeper buys a fan for ₹1600 and sells it for ₹1690. What is the profit (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹5200 at 8% per year for 1 year (in ₹)?
- 29.What is the simple interest on ₹9100 at 9% per year for 1 year (in ₹)?
- 30.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
- 31.A fan bought for ₹1600 is sold for ₹1792. What is the profit per cent?
- 32.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1290. What is the loss (in ₹)?
- 33.The price of a water bottle changed from ₹500 to ₹750. What is the percentage increase?
- 34.The price of a school bag changed from ₹100 to ₹70. What is the percentage decrease?
- 35.What is 30% of 140?
- 36.What is the simple interest on ₹6600 at 2% per year for 3 years (in ₹)?
- 37.A shopkeeper buys a cooler for ₹2150 and sells it for ₹1880. What is the loss (in ₹)?
- 38.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2770. What is the loss (in ₹)?
- 39.The price of a water bottle changed from ₹200 to ₹210. What is the percentage increase?
- 40.The price of a pair of shoes changed from ₹40 to ₹44. What is the percentage increase?
Answer key
- 80
- 540
- 741
- 3040
- 1105
- 25
- 506
- 300
- 20
- 9322
- 120
- 190
- 40
- 312
- 375
- 20
- 2185
- 213
- 7800
- 296
- 1210
- 90
- 1050
- 245
- 240
- 25
- 90
- 5616
- 819
- 40
- 12
- 60
- 50
- 30
- 42
- 396
- 270
- 30
- 5
- 10
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