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 cycle for ₹1100 and sells it for ₹1060. What is the loss (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹800 at 2% per year for 2 years (in ₹)?
- 3.The price of a water bottle changed from ₹400 to ₹560. What is the percentage increase?
- 4.A cycle costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 5.A cricket kit bought for ₹4000 is sold for ₹2800. What is the loss per cent?
- 6.A shopkeeper buys a cricket kit for ₹2950 and sells it for ₹2730. What is the loss (in ₹)?
- 7.The price of a school bag changed from ₹40 to ₹76. What is the percentage increase?
- 8.What is the amount (principal + simple interest) on ₹800 at 9% per year for 1 year (in ₹)?
- 9.A cricket kit costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2380. What is the profit (in ₹)?
- 11.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2770. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹4800 at 12% per year for 2 years (in ₹)?
- 13.A shopkeeper buys a fan for ₹1650 and sells it for ₹1560. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹7500 at 7% per year for 5 years (in ₹)?
- 15.The price of a box of mangoes changed from ₹20 to ₹30. What is the percentage increase?
- 16.A cycle bought for ₹3000 is sold for ₹2250. What is the loss per cent?
- 17.The price of a school bag changed from ₹50 to ₹25. What is the percentage decrease?
- 18.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹1060. What is the profit (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹8100 at 4% per year for 4 years (in ₹)?
- 20.What is 70% of 700?
- 21.What is 45% of 540?
- 22.A cricket kit costs ₹500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 23.A cooler costs ₹1300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 24.A cycle bought for ₹3700 is sold for ₹2220. What is the loss per cent?
- 25.A mobile phone bought for ₹2500 is sold for ₹2125. What is the loss per cent?
- 26.A shopkeeper buys a table for ₹900 and sells it for ₹1010. What is the profit (in ₹)?
- 27.A sewing machine costs ₹900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 28.A table bought for ₹2800 is sold for ₹1960. What is the loss per cent?
- 29.What is the amount (principal + simple interest) on ₹1100 at 4% per year for 1 year (in ₹)?
- 30.A shopkeeper buys a fan for ₹2950 and sells it for ₹3130. What is the profit (in ₹)?
- 31.A shopkeeper buys a cycle for ₹200 and sells it for ₹190. What is the loss (in ₹)?
- 32.What is the simple interest on ₹9200 at 2% per year for 4 years (in ₹)?
- 33.What is the simple interest on ₹8500 at 9% per year for 4 years (in ₹)?
- 34.What is 80% of 240?
- 35.The price of a bus pass changed from ₹50 to ₹75. What is the percentage increase?
- 36.What is 25% of 720?
- 37.What is the simple interest on ₹7000 at 3% per year for 2 years (in ₹)?
- 38.The price of a pair of shoes changed from ₹100 to ₹110. What is the percentage increase?
- 39.A cooler bought for ₹1800 is sold for ₹1620. What is the loss per cent?
- 40.What is the simple interest on ₹4600 at 12% per year for 4 years (in ₹)?
Answer key
- 40
- 832
- 40
- 2800
- 30
- 220
- 90
- 872
- 805
- 180
- 70
- 5952
- 90
- 10125
- 50
- 25
- 50
- 160
- 9396
- 490
- 243
- 300
- 650
- 40
- 15
- 110
- 990
- 30
- 1144
- 180
- 10
- 736
- 3060
- 192
- 50
- 180
- 420
- 10
- 10
- 2208
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