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 box of mangoes changed from ₹20 to ₹25. What is the percentage increase?
- 2.A shopkeeper buys a cooler for ₹2100 and sells it for ₹1840. What is the loss (in ₹)?
- 3.What is the simple interest on ₹6300 at 11% per year for 4 years (in ₹)?
- 4.The price of a pair of shoes changed from ₹250 to ₹350. What is the percentage increase?
- 5.A watch costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 6.A shopkeeper buys a cycle for ₹250 and sells it for ₹290. What is the profit (in ₹)?
- 7.A fan bought for ₹2600 is sold for ₹2730. What is the profit per cent?
- 8.A sewing machine bought for ₹400 is sold for ₹440. What is the profit per cent?
- 9.What is the amount (principal + simple interest) on ₹1200 at 11% per year for 1 year (in ₹)?
- 10.What is the simple interest on ₹8600 at 2% per year for 4 years (in ₹)?
- 11.What is 20% of 240?
- 12.What is the simple interest on ₹700 at 5% per year for 5 years (in ₹)?
- 13.The price of a bus pass changed from ₹500 to ₹525. What is the percentage increase?
- 14.The price of a pair of shoes changed from ₹20 to ₹8. What is the percentage decrease?
- 15.A table bought for ₹300 is sold for ₹390. What is the profit per cent?
- 16.The price of a bus pass changed from ₹400 to ₹420. What is the percentage increase?
- 17.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1700. What is the profit (in ₹)?
- 18.A shopkeeper buys a cooler for ₹2400 and sells it for ₹2100. What is the loss (in ₹)?
- 19.A sewing machine costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 20.What is 25% of 300?
- 21.What is 95% of 680?
- 22.What is the simple interest on ₹7800 at 12% per year for 4 years (in ₹)?
- 23.What is the simple interest on ₹7100 at 8% per year for 2 years (in ₹)?
- 24.A fan bought for ₹2000 is sold for ₹2600. What is the profit per cent?
- 25.What is the amount (principal + simple interest) on ₹1300 at 11% per year for 2 years (in ₹)?
- 26.What is the simple interest on ₹5000 at 4% per year for 5 years (in ₹)?
- 27.The price of a bus pass changed from ₹80 to ₹16. What is the percentage decrease?
- 28.A shopkeeper buys a cricket kit for ₹2400 and sells it for ₹2350. What is the loss (in ₹)?
- 29.What is 20% of 540?
- 30.A cricket kit costs ₹3600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 31.A mobile phone costs ₹2000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 32.A shopkeeper buys a table for ₹1650 and sells it for ₹1450. What is the loss (in ₹)?
- 33.A table bought for ₹800 is sold for ₹600. What is the loss per cent?
- 34.What is the amount (principal + simple interest) on ₹4100 at 7% per year for 4 years (in ₹)?
- 35.A fan bought for ₹1900 is sold for ₹2850. What is the profit per cent?
- 36.A cricket kit costs ₹2100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 37.A shopkeeper buys a cricket kit for ₹1850 and sells it for ₹1900. What is the profit (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹5100 at 11% per year for 1 year (in ₹)?
- 39.A sewing machine bought for ₹2500 is sold for ₹2750. What is the profit per cent?
- 40.A shopkeeper buys a mobile phone for ₹500 and sells it for ₹410. What is the loss (in ₹)?
Answer key
- 25
- 260
- 2772
- 40
- 200
- 40
- 5
- 10
- 1332
- 688
- 48
- 175
- 5
- 60
- 30
- 5
- 150
- 300
- 3920
- 75
- 646
- 3744
- 1136
- 30
- 1586
- 1000
- 80
- 50
- 108
- 4500
- 1900
- 200
- 25
- 5248
- 50
- 2520
- 50
- 5661
- 10
- 90
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