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 table for ₹1200 and sells it for ₹1370. What is the profit (in ₹)?
- 2.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
- 3.A cricket kit costs ₹2800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 4.A watch costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 5.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹710. What is the profit (in ₹)?
- 6.A shopkeeper buys a table for ₹500 and sells it for ₹220. What is the loss (in ₹)?
- 7.What is 95% of 200?
- 8.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹1990. What is the profit (in ₹)?
- 9.A fan costs ₹1100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1950. What is the profit (in ₹)?
- 11.What is the simple interest on ₹3400 at 4% per year for 2 years (in ₹)?
- 12.A sewing machine bought for ₹1900 is sold for ₹1995. What is the profit per cent?
- 13.A watch bought for ₹2400 is sold for ₹2280. What is the loss per cent?
- 14.What is 25% of 560?
- 15.What is 25% of 40?
- 16.The price of a water bottle changed from ₹500 to ₹875. What is the percentage increase?
- 17.A shopkeeper buys a cycle for ₹2350 and sells it for ₹2550. What is the profit (in ₹)?
- 18.A cooler bought for ₹3300 is sold for ₹3960. What is the profit per cent?
- 19.What is the simple interest on ₹1700 at 6% per year for 1 year (in ₹)?
- 20.A fan costs ₹200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 21.A shopkeeper buys a watch for ₹350 and sells it for ₹220. What is the loss (in ₹)?
- 22.A cricket kit bought for ₹2500 is sold for ₹3750. What is the profit per cent?
- 23.What is 35% of 700?
- 24.A cricket kit costs ₹1900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 25.A watch costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.A cooler bought for ₹200 is sold for ₹210. What is the profit per cent?
- 27.The price of a cricket ball changed from ₹500 to ₹600. What is the percentage increase?
- 28.What is 70% of 1000?
- 29.What is the simple interest on ₹8700 at 12% per year for 2 years (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹4000 at 2% per year for 5 years (in ₹)?
- 31.The price of a pair of shoes changed from ₹100 to ₹20. What is the percentage decrease?
- 32.A shopkeeper buys a table for ₹500 and sells it for ₹590. What is the profit (in ₹)?
- 33.What is the simple interest on ₹500 at 3% per year for 5 years (in ₹)?
- 34.The price of a water bottle changed from ₹20 to ₹4. What is the percentage decrease?
- 35.What is 20% of 600?
- 36.A watch bought for ₹3600 is sold for ₹3168. What is the loss per cent?
- 37.A cycle bought for ₹3200 is sold for ₹2816. What is the loss per cent?
- 38.What is 95% of 60?
- 39.A cycle costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 40.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
Answer key
- 170
- 5
- 2240
- 300
- 160
- 280
- 190
- 190
- 1320
- 300
- 272
- 5
- 5
- 140
- 10
- 75
- 200
- 20
- 102
- 150
- 130
- 50
- 245
- 2660
- 1080
- 5
- 20
- 700
- 2088
- 4400
- 80
- 90
- 75
- 80
- 120
- 12
- 12
- 57
- 1710
- 90
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