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 fan for ₹2050 and sells it for ₹2070. What is the profit (in ₹)?
- 2.What is the simple interest on ₹5300 at 3% per year for 5 years (in ₹)?
- 3.What is 25% of 140?
- 4.A mobile phone costs ₹2300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 5.What is 45% of 480?
- 6.A shopkeeper buys a sewing machine for ₹1550 and sells it for ₹1760. What is the profit (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2000. What is the loss (in ₹)?
- 8.What is 40% of 960?
- 9.The price of a bus pass changed from ₹400 to ₹404. What is the percentage increase?
- 10.A cooler costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 11.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1770. What is the profit (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹820. What is the loss (in ₹)?
- 13.What is the simple interest on ₹8200 at 3% per year for 2 years (in ₹)?
- 14.The price of a box of mangoes changed from ₹250 to ₹225. What is the percentage decrease?
- 15.A cricket kit costs ₹200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹8500 at 10% per year for 5 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹1200 at 3% per year for 5 years (in ₹)?
- 18.What is the simple interest on ₹6800 at 12% per year for 1 year (in ₹)?
- 19.The price of a cricket ball changed from ₹250 to ₹225. What is the percentage decrease?
- 20.A shopkeeper buys a fan for ₹1950 and sells it for ₹2200. What is the profit (in ₹)?
- 21.A table bought for ₹2900 is sold for ₹3770. What is the profit per cent?
- 22.What is the simple interest on ₹7600 at 3% per year for 5 years (in ₹)?
- 23.What is 70% of 180?
- 24.A table costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 25.What is 30% of 660?
- 26.A shopkeeper buys a cycle for ₹650 and sells it for ₹660. What is the profit (in ₹)?
- 27.What is 80% of 180?
- 28.A cricket kit bought for ₹4000 is sold for ₹3600. What is the loss per cent?
- 29.A cooler costs ₹2200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 30.A shopkeeper buys a fan for ₹2850 and sells it for ₹3080. What is the profit (in ₹)?
- 31.What is the simple interest on ₹9000 at 12% per year for 3 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹1200 at 7% per year for 4 years (in ₹)?
- 33.A shopkeeper buys a cricket kit for ₹2900 and sells it for ₹3160. What is the profit (in ₹)?
- 34.What is the simple interest on ₹4600 at 3% per year for 2 years (in ₹)?
- 35.What is the simple interest on ₹6500 at 10% per year for 1 year (in ₹)?
- 36.A cooler bought for ₹800 is sold for ₹640. What is the loss per cent?
- 37.A cycle costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 38.What is 5% of 260?
- 39.What is the amount (principal + simple interest) on ₹7100 at 5% per year for 4 years (in ₹)?
- 40.A shopkeeper buys a fan for ₹1100 and sells it for ₹830. What is the loss (in ₹)?
Answer key
- 20
- 795
- 35
- 1380
- 216
- 210
- 300
- 384
- 1
- 735
- 20
- 180
- 492
- 10
- 176
- 12750
- 1380
- 816
- 10
- 250
- 30
- 1140
- 126
- 2000
- 198
- 10
- 144
- 10
- 2420
- 230
- 3240
- 1536
- 260
- 276
- 650
- 20
- 1980
- 13
- 8520
- 270
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