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 fan costs ₹1800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 2.The price of a pair of shoes changed from ₹50 to ₹70. What is the percentage increase?
- 3.A sewing machine costs ₹2500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 4.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2500. What is the loss (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹1200 at 10% per year for 5 years (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 3 years (in ₹)?
- 7.A sewing machine costs ₹3100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 8.A table bought for ₹3900 is sold for ₹4290. What is the profit per cent?
- 9.A cooler bought for ₹3100 is sold for ₹3875. What is the profit per cent?
- 10.What is the amount (principal + simple interest) on ₹3700 at 2% per year for 1 year (in ₹)?
- 11.A shopkeeper buys a watch for ₹2150 and sells it for ₹2180. What is the profit (in ₹)?
- 12.A shopkeeper buys a mobile phone for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
- 13.What is 60% of 620?
- 14.A sewing machine bought for ₹2300 is sold for ₹2530. What is the profit per cent?
- 15.A shopkeeper buys a cycle for ₹650 and sells it for ₹930. What is the profit (in ₹)?
- 16.A fan costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 17.What is 55% of 560?
- 18.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1520. What is the profit (in ₹)?
- 19.What is 5% of 660?
- 20.What is the amount (principal + simple interest) on ₹1400 at 4% per year for 2 years (in ₹)?
- 21.What is the simple interest on ₹1000 at 2% per year for 2 years (in ₹)?
- 22.A sewing machine costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹9700 at 6% per year for 3 years (in ₹)?
- 24.A mobile phone bought for ₹2000 is sold for ₹1000. What is the loss per cent?
- 25.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1030. What is the loss (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹7700 at 11% per year for 4 years (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹3130. What is the profit (in ₹)?
- 28.A shopkeeper buys a fan for ₹1750 and sells it for ₹1720. What is the loss (in ₹)?
- 29.A shopkeeper buys a cycle for ₹400 and sells it for ₹360. What is the loss (in ₹)?
- 30.What is 65% of 600?
- 31.The price of a cricket ball changed from ₹40 to ₹42. What is the percentage increase?
- 32.A watch bought for ₹1700 is sold for ₹1955. What is the profit per cent?
- 33.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1300. What is the loss (in ₹)?
- 34.A shopkeeper buys a cooler for ₹500 and sells it for ₹530. What is the profit (in ₹)?
- 35.What is 15% of 240?
- 36.What is 5% of 400?
- 37.A shopkeeper buys a cycle for ₹1800 and sells it for ₹1680. What is the loss (in ₹)?
- 38.What is 55% of 700?
- 39.What is the simple interest on ₹1600 at 12% per year for 5 years (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹6600 at 3% per year for 2 years (in ₹)?
Answer key
- 1584
- 40
- 1875
- 50
- 1800
- 4602
- 4340
- 10
- 25
- 3774
- 30
- 210
- 372
- 10
- 280
- 2800
- 308
- 20
- 33
- 1512
- 40
- 3250
- 11446
- 50
- 20
- 11088
- 130
- 30
- 40
- 390
- 5
- 15
- 200
- 30
- 36
- 20
- 120
- 385
- 960
- 6996
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