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.What is 45% of 840?
- 2.A shopkeeper buys a cooler for ₹650 and sells it for ₹720. What is the profit (in ₹)?
- 3.What is 10% of 740?
- 4.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹1740. What is the loss (in ₹)?
- 5.The price of a school bag changed from ₹20 to ₹12. What is the percentage decrease?
- 6.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹750. What is the profit (in ₹)?
- 7.The price of a pair of shoes changed from ₹200 to ₹150. What is the percentage decrease?
- 8.A shopkeeper buys a watch for ₹1950 and sells it for ₹1660. What is the loss (in ₹)?
- 9.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 10.What is 65% of 380?
- 11.A cooler bought for ₹1200 is sold for ₹960. What is the loss per cent?
- 12.A shopkeeper buys a cycle for ₹2900 and sells it for ₹2680. What is the loss (in ₹)?
- 13.A cooler costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 14.A shopkeeper buys a mobile phone for ₹2400 and sells it for ₹2180. What is the loss (in ₹)?
- 15.A cooler bought for ₹2700 is sold for ₹3375. What is the profit per cent?
- 16.What is 45% of 1000?
- 17.A fan costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 18.A cycle bought for ₹3400 is sold for ₹5100. What is the profit per cent?
- 19.What is 90% of 200?
- 20.A mobile phone costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 21.What is 85% of 620?
- 22.What is 20% of 1000?
- 23.What is the amount (principal + simple interest) on ₹4100 at 5% per year for 2 years (in ₹)?
- 24.A shopkeeper buys a cycle for ₹2250 and sells it for ₹2390. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹7400 at 7% per year for 4 years (in ₹)?
- 26.The price of a bus pass changed from ₹400 to ₹404. What is the percentage increase?
- 27.A fan costs ₹2300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹6200 at 10% per year for 4 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 2 years (in ₹)?
- 30.A cycle bought for ₹3100 is sold for ₹2480. What is the loss per cent?
- 31.What is the simple interest on ₹5300 at 10% per year for 5 years (in ₹)?
- 32.A cycle costs ₹1700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 3 years (in ₹)?
- 34.A watch bought for ₹2000 is sold for ₹1200. What is the loss per cent?
- 35.A shopkeeper buys a cricket kit for ₹350 and sells it for ₹180. What is the loss (in ₹)?
- 36.A fan bought for ₹1900 is sold for ₹2375. What is the profit per cent?
- 37.A shopkeeper buys a fan for ₹1100 and sells it for ₹1180. What is the profit (in ₹)?
- 38.A shopkeeper buys a cooler for ₹600 and sells it for ₹350. What is the loss (in ₹)?
- 39.What is 35% of 620?
- 40.The price of a cricket ball changed from ₹100 to ₹40. What is the percentage decrease?
Answer key
- 378
- 70
- 74
- 260
- 40
- 300
- 25
- 290
- 20
- 247
- 20
- 220
- 1232
- 220
- 25
- 450
- 1820
- 50
- 180
- 3255
- 527
- 200
- 4510
- 140
- 9472
- 1
- 2760
- 8680
- 10830
- 20
- 2650
- 1496
- 6726
- 40
- 170
- 25
- 80
- 250
- 217
- 60
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