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 bus pass changed from ₹100 to ₹40. What is the percentage decrease?
- 2.What is 35% of 280?
- 3.What is the simple interest on ₹1300 at 7% per year for 5 years (in ₹)?
- 4.A shopkeeper buys a fan for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
- 5.A sewing machine bought for ₹600 is sold for ₹630. What is the profit per cent?
- 6.A cycle bought for ₹4000 is sold for ₹4600. What is the profit per cent?
- 7.A table bought for ₹1100 is sold for ₹1430. What is the profit per cent?
- 8.What is the simple interest on ₹4300 at 8% per year for 3 years (in ₹)?
- 9.A watch bought for ₹300 is sold for ₹240. What is the loss per cent?
- 10.A sewing machine costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 11.What is 15% of 980?
- 12.A shopkeeper buys a table for ₹450 and sells it for ₹170. What is the loss (in ₹)?
- 13.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
- 14.A mobile phone costs ₹2700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹2600 at 9% per year for 2 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹7800 at 2% per year for 5 years (in ₹)?
- 17.What is 5% of 380?
- 18.A shopkeeper buys a cricket kit for ₹2600 and sells it for ₹2590. What is the loss (in ₹)?
- 19.A cycle costs ₹2500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 20.A cricket kit bought for ₹3600 is sold for ₹3420. What is the loss per cent?
- 21.A shopkeeper buys a fan for ₹2950 and sells it for ₹2730. What is the loss (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹2700 at 3% per year for 1 year (in ₹)?
- 23.What is the simple interest on ₹8400 at 7% per year for 5 years (in ₹)?
- 24.What is 10% of 680?
- 25.A shopkeeper buys a cycle for ₹500 and sells it for ₹360. What is the loss (in ₹)?
- 26.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2520. What is the profit (in ₹)?
- 27.A mobile phone bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 28.What is 20% of 760?
- 29.A shopkeeper buys a table for ₹2200 and sells it for ₹2260. What is the profit (in ₹)?
- 30.A table bought for ₹2600 is sold for ₹3120. What is the profit per cent?
- 31.The price of a cricket ball changed from ₹400 to ₹160. What is the percentage decrease?
- 32.The price of a bus pass changed from ₹250 to ₹375. What is the percentage increase?
- 33.A fan bought for ₹2200 is sold for ₹2750. What is the profit per cent?
- 34.A cooler bought for ₹600 is sold for ₹360. What is the loss per cent?
- 35.A cricket kit costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 36.What is 40% of 80?
- 37.A table costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 38.A cooler bought for ₹2800 is sold for ₹3360. What is the profit per cent?
- 39.A shopkeeper buys a sewing machine for ₹1750 and sells it for ₹1710. What is the loss (in ₹)?
- 40.A sewing machine costs ₹1400. It is sold at a 15% loss. What is the selling price (in ₹)?
Answer key
- 60
- 98
- 455
- 110
- 5
- 15
- 30
- 1032
- 20
- 1260
- 147
- 280
- 20
- 3024
- 468
- 8580
- 19
- 10
- 2000
- 5
- 220
- 2781
- 2940
- 68
- 140
- 220
- 20
- 152
- 60
- 20
- 60
- 50
- 25
- 40
- 345
- 32
- 5400
- 20
- 40
- 1190
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