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 cooler for ₹700 and sells it for ₹910. What is the profit (in ₹)?
- 2.The price of a box of mangoes changed from ₹250 to ₹325. What is the percentage increase?
- 3.A shopkeeper buys a table for ₹1350 and sells it for ₹1230. What is the loss (in ₹)?
- 4.What is 20% of 660?
- 5.A cooler bought for ₹2900 is sold for ₹2552. What is the loss per cent?
- 6.What is the simple interest on ₹3400 at 11% per year for 2 years (in ₹)?
- 7.A cycle bought for ₹1600 is sold for ₹1408. What is the loss per cent?
- 8.A shopkeeper buys a table for ₹1900 and sells it for ₹1960. What is the profit (in ₹)?
- 9.What is the simple interest on ₹900 at 7% per year for 3 years (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹3150. What is the profit (in ₹)?
- 11.What is the simple interest on ₹10000 at 4% per year for 1 year (in ₹)?
- 12.A sewing machine costs ₹3800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 13.The price of a school bag changed from ₹250 to ₹350. What is the percentage increase?
- 14.A cricket kit costs ₹1300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 15.The price of a school bag changed from ₹100 to ₹70. What is the percentage decrease?
- 16.The price of a bus pass changed from ₹100 to ₹130. What is the percentage increase?
- 17.What is 40% of 980?
- 18.What is 95% of 340?
- 19.What is 65% of 980?
- 20.A table costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 21.A cycle costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 22.A shopkeeper buys a cooler for ₹2400 and sells it for ₹2620. What is the profit (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹910. What is the profit (in ₹)?
- 24.A shopkeeper buys a cooler for ₹1050 and sells it for ₹1330. What is the profit (in ₹)?
- 25.What is the simple interest on ₹8100 at 5% per year for 1 year (in ₹)?
- 26.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹480. What is the loss (in ₹)?
- 27.A cricket kit bought for ₹2700 is sold for ₹3510. What is the profit per cent?
- 28.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2030. What is the loss (in ₹)?
- 29.The price of a pair of shoes changed from ₹40 to ₹72. What is the percentage increase?
- 30.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹2660. What is the loss (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹6600 at 8% per year for 3 years (in ₹)?
- 32.What is the simple interest on ₹4500 at 4% per year for 4 years (in ₹)?
- 33.A cricket kit bought for ₹800 is sold for ₹704. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹500 at 6% per year for 2 years (in ₹)?
- 35.A sewing machine costs ₹1300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 36.What is 90% of 180?
- 37.What is the amount (principal + simple interest) on ₹8900 at 6% per year for 2 years (in ₹)?
- 38.What is the simple interest on ₹3400 at 10% per year for 5 years (in ₹)?
- 39.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?
- 40.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1180. What is the loss (in ₹)?
Answer key
- 210
- 30
- 120
- 132
- 12
- 748
- 12
- 60
- 189
- 200
- 400
- 1900
- 40
- 1560
- 30
- 30
- 392
- 323
- 637
- 3875
- 1750
- 220
- 260
- 280
- 405
- 70
- 30
- 120
- 80
- 240
- 8184
- 720
- 12
- 560
- 1820
- 162
- 9968
- 1700
- 2
- 70
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