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.
NameDateTime takenScore ___ / 40
- 1.A shopkeeper buys a sewing machine for ₹250 and sells it for ₹280. What is the profit (in ₹)?
- 2.The price of a pair of shoes changed from ₹400 to ₹200. What is the percentage decrease?
- 3.A sewing machine costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 4.What is 5% of 960?
- 5.A cooler bought for ₹1400 is sold for ₹1330. What is the loss per cent?
- 6.What is the simple interest on ₹800 at 11% per year for 2 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹3400 at 5% per year for 4 years (in ₹)?
- 8.The price of a school bag changed from ₹200 to ₹380. What is the percentage increase?
- 9.A shopkeeper buys a cooler for ₹850 and sells it for ₹770. What is the loss (in ₹)?
- 10.A fan bought for ₹3300 is sold for ₹2310. What is the loss per cent?
- 11.A cricket kit costs ₹3400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 1 year (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹1900 at 5% per year for 3 years (in ₹)?
- 14.The price of a water bottle changed from ₹80 to ₹64. What is the percentage decrease?
- 15.What is the simple interest on ₹8600 at 12% per year for 3 years (in ₹)?
- 16.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1000. What is the profit (in ₹)?
- 17.The price of a bus pass changed from ₹50 to ₹5. What is the percentage decrease?
- 18.What is the simple interest on ₹1500 at 12% per year for 3 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 1 year (in ₹)?
- 20.What is 60% of 720?
- 21.A table costs ₹2600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 22.A shopkeeper buys a watch for ₹1800 and sells it for ₹1820. What is the profit (in ₹)?
- 23.A cricket kit costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 24.What is 10% of 300?
- 25.What is the simple interest on ₹8100 at 6% per year for 1 year (in ₹)?
- 26.A shopkeeper buys a table for ₹650 and sells it for ₹410. What is the loss (in ₹)?
- 27.The price of a school bag changed from ₹200 to ₹280. What is the percentage increase?
- 28.What is the simple interest on ₹4300 at 11% per year for 1 year (in ₹)?
- 29.A shopkeeper buys a watch for ₹450 and sells it for ₹290. What is the loss (in ₹)?
- 30.A shopkeeper buys a watch for ₹1050 and sells it for ₹1170. What is the profit (in ₹)?
- 31.What is the simple interest on ₹8800 at 12% per year for 4 years (in ₹)?
- 32.A sewing machine costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹9100 at 5% per year for 2 years (in ₹)?
- 34.A watch bought for ₹300 is sold for ₹180. What is the loss per cent?
- 35.The price of a box of mangoes changed from ₹80 to ₹120. What is the percentage increase?
- 36.A table costs ₹1500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 37.What is 60% of 780?
- 38.What is 80% of 580?
- 39.The price of a water bottle changed from ₹500 to ₹800. What is the percentage increase?
- 40.A cricket kit costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 30
- 50
- 665
- 48
- 5
- 176
- 4080
- 90
- 80
- 30
- 4420
- 5600
- 2185
- 20
- 3096
- 50
- 90
- 540
- 1768
- 432
- 1560
- 20
- 1500
- 30
- 486
- 240
- 40
- 473
- 160
- 120
- 4224
- 4140
- 910
- 40
- 50
- 1200
- 468
- 464
- 60
- 1680
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