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 cooler for ₹200 and sells it for ₹390. What is the profit (in ₹)?
- 2.What is the simple interest on ₹2600 at 5% per year for 1 year (in ₹)?
- 3.A watch costs ₹3200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 4.What is 10% of 100?
- 5.A shopkeeper buys a table for ₹2800 and sells it for ₹2990. What is the profit (in ₹)?
- 6.The price of a water bottle changed from ₹500 to ₹125. What is the percentage decrease?
- 7.A sewing machine costs ₹700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹3000 at 6% per year for 2 years (in ₹)?
- 9.What is 10% of 240?
- 10.The price of a bus pass changed from ₹50 to ₹70. What is the percentage increase?
- 11.The price of a bus pass changed from ₹40 to ₹42. What is the percentage increase?
- 12.A mobile phone bought for ₹400 is sold for ₹320. What is the loss per cent?
- 13.What is 85% of 560?
- 14.What is the simple interest on ₹1000 at 2% per year for 4 years (in ₹)?
- 15.The price of a box of mangoes changed from ₹50 to ₹20. What is the percentage decrease?
- 16.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹580. What is the loss (in ₹)?
- 17.A sewing machine costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹2200 at 2% per year for 1 year (in ₹)?
- 19.A cricket kit bought for ₹2800 is sold for ₹2240. What is the loss per cent?
- 20.The price of a bus pass changed from ₹100 to ₹140. What is the percentage increase?
- 21.The price of a bus pass changed from ₹50 to ₹20. What is the percentage decrease?
- 22.What is 35% of 420?
- 23.A table costs ₹1000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 24.What is 5% of 860?
- 25.What is the amount (principal + simple interest) on ₹8900 at 2% per year for 2 years (in ₹)?
- 26.What is the simple interest on ₹4300 at 3% per year for 2 years (in ₹)?
- 27.What is the simple interest on ₹900 at 4% per year for 2 years (in ₹)?
- 28.A sewing machine costs ₹3200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2990. What is the profit (in ₹)?
- 30.What is 55% of 380?
- 31.The price of a school bag changed from ₹100 to ₹10. What is the percentage decrease?
- 32.A mobile phone costs ₹1300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 33.What is 95% of 220?
- 34.What is the amount (principal + simple interest) on ₹8000 at 5% per year for 4 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹9600 at 6% per year for 3 years (in ₹)?
- 36.What is 70% of 200?
- 37.What is the amount (principal + simple interest) on ₹7800 at 8% per year for 4 years (in ₹)?
- 38.A cycle bought for ₹1600 is sold for ₹1120. What is the loss per cent?
- 39.A shopkeeper buys a cycle for ₹2100 and sells it for ₹1980. What is the loss (in ₹)?
- 40.A sewing machine costs ₹3400. It is sold at a 50% profit. What is the selling price (in ₹)?
Answer key
- 190
- 130
- 2240
- 10
- 190
- 75
- 665
- 360
- 24
- 40
- 5
- 20
- 476
- 80
- 60
- 120
- 900
- 44
- 20
- 40
- 60
- 147
- 1400
- 43
- 9256
- 258
- 72
- 3520
- 190
- 209
- 90
- 1820
- 209
- 9600
- 11328
- 140
- 10296
- 30
- 120
- 5100
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