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 cricket kit costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 2.What is 40% of 540?
- 3.What is the amount (principal + simple interest) on ₹3600 at 8% per year for 3 years (in ₹)?
- 4.What is 30% of 500?
- 5.What is 30% of 600?
- 6.A sewing machine bought for ₹2300 is sold for ₹2530. What is the profit per cent?
- 7.A shopkeeper buys a sewing machine for ₹1600 and sells it for ₹1620. What is the profit (in ₹)?
- 8.The price of a bus pass changed from ₹200 to ₹250. What is the percentage increase?
- 9.The price of a cricket ball changed from ₹20 to ₹30. What is the percentage increase?
- 10.A cooler bought for ₹500 is sold for ₹350. What is the loss per cent?
- 11.A shopkeeper buys a mobile phone for ₹2050 and sells it for ₹2280. What is the profit (in ₹)?
- 12.A cycle costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1850. What is the profit (in ₹)?
- 14.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1440. What is the loss (in ₹)?
- 15.A shopkeeper buys a fan for ₹1350 and sells it for ₹1370. What is the profit (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹1200 at 9% per year for 2 years (in ₹)?
- 17.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2350. What is the profit (in ₹)?
- 18.What is the simple interest on ₹9800 at 2% per year for 1 year (in ₹)?
- 19.A cycle costs ₹3300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 20.What is 85% of 40?
- 21.What is the simple interest on ₹1000 at 7% per year for 1 year (in ₹)?
- 22.What is 20% of 260?
- 23.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 24.A shopkeeper buys a table for ₹2600 and sells it for ₹2510. What is the loss (in ₹)?
- 25.What is 85% of 480?
- 26.A cooler costs ₹3400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 27.What is 65% of 600?
- 28.What is the simple interest on ₹3200 at 12% per year for 3 years (in ₹)?
- 29.A cycle costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 30.A fan bought for ₹3400 is sold for ₹1700. What is the loss per cent?
- 31.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹1000. What is the profit (in ₹)?
- 32.A shopkeeper buys a fan for ₹2650 and sells it for ₹2500. What is the loss (in ₹)?
- 33.A shopkeeper buys a watch for ₹2450 and sells it for ₹2340. What is the loss (in ₹)?
- 34.A table costs ₹3800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 35.A watch bought for ₹1800 is sold for ₹2340. What is the profit per cent?
- 36.A shopkeeper buys a cooler for ₹2900 and sells it for ₹2830. What is the loss (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹7300 at 9% per year for 3 years (in ₹)?
- 38.A shopkeeper buys a fan for ₹2250 and sells it for ₹2540. What is the profit (in ₹)?
- 39.What is 5% of 100?
- 40.What is the amount (principal + simple interest) on ₹10000 at 3% per year for 4 years (in ₹)?
Answer key
- 3740
- 216
- 4464
- 150
- 180
- 10
- 20
- 25
- 50
- 30
- 230
- 4250
- 150
- 60
- 20
- 1416
- 50
- 196
- 3135
- 34
- 70
- 52
- 40
- 90
- 408
- 3570
- 390
- 1152
- 3375
- 50
- 250
- 150
- 110
- 4256
- 30
- 70
- 9271
- 290
- 5
- 11200
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