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.The price of a water bottle changed from ₹40 to ₹48. What is the percentage increase?
- 2.What is the simple interest on ₹2600 at 7% per year for 2 years (in ₹)?
- 3.What is 75% of 920?
- 4.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1750. What is the profit (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹9600 at 10% per year for 5 years (in ₹)?
- 6.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2480. What is the profit (in ₹)?
- 7.A sewing machine costs ₹800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 8.What is 75% of 220?
- 9.The price of a school bag changed from ₹200 to ₹350. What is the percentage increase?
- 10.A cooler costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.The price of a bus pass changed from ₹100 to ₹98. What is the percentage decrease?
- 12.The price of a cricket ball changed from ₹50 to ₹55. What is the percentage increase?
- 13.The price of a box of mangoes changed from ₹50 to ₹95. What is the percentage increase?
- 14.A mobile phone bought for ₹3400 is sold for ₹3230. What is the loss per cent?
- 15.A shopkeeper buys a cricket kit for ₹1050 and sells it for ₹860. What is the loss (in ₹)?
- 16.A watch costs ₹2800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 17.What is 55% of 480?
- 18.What is 30% of 940?
- 19.A shopkeeper buys a fan for ₹650 and sells it for ₹490. What is the loss (in ₹)?
- 20.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 21.A mobile phone costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 22.The price of a pair of shoes changed from ₹40 to ₹32. What is the percentage decrease?
- 23.The price of a bus pass changed from ₹400 to ₹240. What is the percentage decrease?
- 24.What is the amount (principal + simple interest) on ₹1000 at 12% per year for 1 year (in ₹)?
- 25.A table costs ₹1300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 26.A shopkeeper buys a cooler for ₹750 and sells it for ₹820. What is the profit (in ₹)?
- 27.A watch costs ₹3000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 28.A cycle costs ₹2900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 29.What is the simple interest on ₹9400 at 7% per year for 5 years (in ₹)?
- 30.A watch bought for ₹3900 is sold for ₹4680. What is the profit per cent?
- 31.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
- 32.What is the amount (principal + simple interest) on ₹8700 at 8% per year for 1 year (in ₹)?
- 33.What is the simple interest on ₹5200 at 9% per year for 2 years (in ₹)?
- 34.What is 20% of 200?
- 35.A watch costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹1200 at 12% per year for 3 years (in ₹)?
- 37.A table costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 38.A shopkeeper buys a mobile phone for ₹1350 and sells it for ₹1450. What is the profit (in ₹)?
- 39.What is the simple interest on ₹8800 at 3% per year for 1 year (in ₹)?
- 40.What is 40% of 860?
Answer key
- 20
- 364
- 690
- 250
- 14400
- 280
- 896
- 165
- 75
- 4480
- 2
- 10
- 90
- 5
- 190
- 2660
- 264
- 282
- 160
- 80
- 180
- 20
- 40
- 1120
- 910
- 70
- 2400
- 2755
- 3290
- 20
- 10
- 9396
- 936
- 40
- 3570
- 1632
- 4340
- 100
- 264
- 344
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