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 school bag changed from ₹100 to ₹60. What is the percentage decrease?
- 2.What is 45% of 600?
- 3.A table bought for ₹3100 is sold for ₹3875. What is the profit per cent?
- 4.What is 20% of 780?
- 5.A mobile phone bought for ₹700 is sold for ₹805. What is the profit per cent?
- 6.A shopkeeper buys a mobile phone for ₹2150 and sells it for ₹2220. What is the profit (in ₹)?
- 7.A shopkeeper buys a table for ₹700 and sells it for ₹580. What is the loss (in ₹)?
- 8.A fan bought for ₹3200 is sold for ₹2240. What is the loss per cent?
- 9.The price of a water bottle changed from ₹80 to ₹84. What is the percentage increase?
- 10.What is the amount (principal + simple interest) on ₹600 at 2% per year for 4 years (in ₹)?
- 11.What is the simple interest on ₹1700 at 4% per year for 1 year (in ₹)?
- 12.A mobile phone costs ₹1400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a watch for ₹2650 and sells it for ₹2780. What is the profit (in ₹)?
- 14.The price of a water bottle changed from ₹50 to ₹60. What is the percentage increase?
- 15.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2360. What is the profit (in ₹)?
- 16.What is the simple interest on ₹8700 at 7% per year for 2 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹5600 at 9% per year for 5 years (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹9900 at 2% per year for 2 years (in ₹)?
- 19.A watch costs ₹800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 20.The price of a bus pass changed from ₹500 to ₹505. What is the percentage increase?
- 21.A cycle costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a fan for ₹1450 and sells it for ₹1420. What is the loss (in ₹)?
- 23.A shopkeeper buys a watch for ₹2800 and sells it for ₹2760. What is the loss (in ₹)?
- 24.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
- 25.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2010. What is the loss (in ₹)?
- 26.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1050. What is the profit (in ₹)?
- 27.A cycle bought for ₹1400 is sold for ₹700. What is the loss per cent?
- 28.A shopkeeper buys a cooler for ₹750 and sells it for ₹1000. What is the profit (in ₹)?
- 29.What is 90% of 640?
- 30.A sewing machine costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 31.The price of a bus pass changed from ₹200 to ₹380. What is the percentage increase?
- 32.What is the simple interest on ₹4700 at 11% per year for 4 years (in ₹)?
- 33.What is the simple interest on ₹500 at 12% per year for 5 years (in ₹)?
- 34.A table costs ₹1500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹5000 at 8% per year for 3 years (in ₹)?
- 36.A sewing machine costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹7800 at 4% per year for 3 years (in ₹)?
- 38.A cooler bought for ₹1700 is sold for ₹2210. What is the profit per cent?
- 39.A fan bought for ₹1200 is sold for ₹1560. What is the profit per cent?
- 40.A shopkeeper buys a mobile phone for ₹1100 and sells it for ₹1010. What is the loss (in ₹)?
Answer key
- 40
- 270
- 25
- 156
- 15
- 70
- 120
- 30
- 5
- 648
- 68
- 1750
- 130
- 20
- 260
- 1218
- 8120
- 10296
- 1120
- 1
- 630
- 30
- 40
- 75
- 190
- 50
- 50
- 250
- 576
- 360
- 90
- 2068
- 300
- 1575
- 1200
- 880
- 8736
- 30
- 30
- 90
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