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 ₹200 and sells it for ₹390. What is the profit (in ₹)?
- 2.What is the simple interest on ₹3900 at 11% per year for 2 years (in ₹)?
- 3.A cooler bought for ₹1000 is sold for ₹1100. What is the profit per cent?
- 4.The price of a school bag changed from ₹200 to ₹180. What is the percentage decrease?
- 5.A fan costs ₹2500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cooler for ₹200 and sells it for ₹290. What is the profit (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹7500 at 5% per year for 1 year (in ₹)?
- 8.What is the simple interest on ₹7400 at 11% per year for 4 years (in ₹)?
- 9.What is 15% of 860?
- 10.A watch bought for ₹3700 is sold for ₹3330. What is the loss per cent?
- 11.The price of a water bottle changed from ₹250 to ₹100. What is the percentage decrease?
- 12.What is the simple interest on ₹1600 at 3% per year for 1 year (in ₹)?
- 13.The price of a pair of shoes changed from ₹400 to ₹40. What is the percentage decrease?
- 14.A cricket kit bought for ₹800 is sold for ₹720. What is the loss per cent?
- 15.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 4 years (in ₹)?
- 16.A cricket kit costs ₹3300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 17.A watch costs ₹1300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 18.A cycle costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 19.What is 80% of 320?
- 20.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1400. What is the loss (in ₹)?
- 21.What is 15% of 940?
- 22.What is the simple interest on ₹4100 at 8% per year for 1 year (in ₹)?
- 23.What is 25% of 640?
- 24.The price of a pair of shoes changed from ₹200 to ₹40. What is the percentage decrease?
- 25.A shopkeeper buys a sewing machine for ₹2500 and sells it for ₹2220. What is the loss (in ₹)?
- 26.A shopkeeper buys a fan for ₹1450 and sells it for ₹1480. What is the profit (in ₹)?
- 27.The price of a bus pass changed from ₹500 to ₹50. What is the percentage decrease?
- 28.What is the simple interest on ₹6700 at 7% per year for 4 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹5900 at 2% per year for 5 years (in ₹)?
- 30.A cricket kit bought for ₹1300 is sold for ₹1560. What is the profit per cent?
- 31.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹140. What is the loss (in ₹)?
- 32.A shopkeeper buys a watch for ₹2900 and sells it for ₹2780. What is the loss (in ₹)?
- 33.A mobile phone bought for ₹1400 is sold for ₹1050. What is the loss per cent?
- 34.The price of a pair of shoes changed from ₹25 to ₹10. What is the percentage decrease?
- 35.The price of a cricket ball changed from ₹400 to ₹440. What is the percentage increase?
- 36.A mobile phone bought for ₹200 is sold for ₹150. What is the loss per cent?
- 37.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 5 years (in ₹)?
- 38.What is 5% of 720?
- 39.The price of a box of mangoes changed from ₹80 to ₹152. What is the percentage increase?
- 40.What is 70% of 500?
Answer key
- 190
- 858
- 10
- 10
- 2000
- 90
- 7875
- 3256
- 129
- 10
- 60
- 48
- 90
- 10
- 2128
- 2640
- 1365
- 1000
- 256
- 100
- 141
- 328
- 160
- 80
- 280
- 30
- 90
- 1876
- 6490
- 20
- 60
- 120
- 25
- 60
- 10
- 25
- 1300
- 36
- 90
- 350
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