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 fan bought for ₹2600 is sold for ₹2990. What is the profit per cent?
- 2.A cricket kit bought for ₹1400 is sold for ₹1260. What is the loss per cent?
- 3.A shopkeeper buys a watch for ₹900 and sells it for ₹1130. What is the profit (in ₹)?
- 4.A sewing machine bought for ₹2100 is sold for ₹1680. What is the loss per cent?
- 5.What is 60% of 940?
- 6.A cycle bought for ₹3100 is sold for ₹2325. What is the loss per cent?
- 7.What is 15% of 180?
- 8.The price of a bus pass changed from ₹250 to ₹375. What is the percentage increase?
- 9.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2180. What is the profit (in ₹)?
- 10.What is 90% of 80?
- 11.What is the amount (principal + simple interest) on ₹5500 at 2% per year for 2 years (in ₹)?
- 12.A table costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 13.A cycle costs ₹2100. It is sold at a 15% profit. What is the selling price (in ₹)?
- 14.What is 65% of 60?
- 15.A fan bought for ₹2200 is sold for ₹1980. What is the loss per cent?
- 16.A cycle costs ₹3900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 17.What is the simple interest on ₹2000 at 12% per year for 4 years (in ₹)?
- 18.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹960. What is the profit (in ₹)?
- 19.A sewing machine bought for ₹2900 is sold for ₹1740. What is the loss per cent?
- 20.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1390. What is the profit (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹1200 at 12% per year for 3 years (in ₹)?
- 22.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹670. What is the profit (in ₹)?
- 23.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1300. What is the loss (in ₹)?
- 24.A shopkeeper buys a cooler for ₹350 and sells it for ₹210. What is the loss (in ₹)?
- 25.The price of a pair of shoes changed from ₹25 to ₹30. What is the percentage increase?
- 26.A shopkeeper buys a table for ₹750 and sells it for ₹1010. What is the profit (in ₹)?
- 27.What is 60% of 580?
- 28.A shopkeeper buys a table for ₹200 and sells it for ₹30. What is the loss (in ₹)?
- 29.A cycle costs ₹4000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 30.A table bought for ₹3800 is sold for ₹3344. What is the loss per cent?
- 31.A watch bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 32.A mobile phone bought for ₹2200 is sold for ₹1870. What is the loss per cent?
- 33.What is the simple interest on ₹2500 at 10% per year for 4 years (in ₹)?
- 34.A cricket kit costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 35.A cycle bought for ₹3900 is sold for ₹4875. What is the profit per cent?
- 36.What is the simple interest on ₹5900 at 2% per year for 4 years (in ₹)?
- 37.The price of a box of mangoes changed from ₹50 to ₹5. What is the percentage decrease?
- 38.What is 15% of 340?
- 39.What is the simple interest on ₹8100 at 3% per year for 4 years (in ₹)?
- 40.What is the simple interest on ₹7700 at 11% per year for 2 years (in ₹)?
Answer key
- 15
- 10
- 230
- 20
- 564
- 25
- 27
- 50
- 280
- 72
- 5720
- 2816
- 2415
- 39
- 10
- 2730
- 960
- 10
- 40
- 190
- 1632
- 20
- 50
- 140
- 20
- 260
- 348
- 170
- 2400
- 12
- 5
- 15
- 1000
- 3480
- 25
- 472
- 90
- 51
- 972
- 1694
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