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 ₹3100. It is sold at a 10% profit. What is the selling price (in ₹)?
- 2.A shopkeeper buys a watch for ₹1000 and sells it for ₹1070. What is the profit (in ₹)?
- 3.A mobile phone costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 4.What is 35% of 760?
- 5.What is the amount (principal + simple interest) on ₹5300 at 3% per year for 4 years (in ₹)?
- 6.What is the simple interest on ₹3000 at 12% per year for 4 years (in ₹)?
- 7.The price of a bus pass changed from ₹20 to ₹24. What is the percentage increase?
- 8.A fan bought for ₹3100 is sold for ₹3565. What is the profit per cent?
- 9.What is 40% of 700?
- 10.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1810. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹7000 at 12% per year for 1 year (in ₹)?
- 12.What is the simple interest on ₹5400 at 4% per year for 1 year (in ₹)?
- 13.A shopkeeper buys a sewing machine for ₹400 and sells it for ₹110. What is the loss (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 4 years (in ₹)?
- 15.A sewing machine costs ₹3800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 16.A table bought for ₹700 is sold for ₹770. What is the profit per cent?
- 17.A shopkeeper buys a fan for ₹950 and sells it for ₹690. What is the loss (in ₹)?
- 18.The price of a pair of shoes changed from ₹25 to ₹35. What is the percentage increase?
- 19.What is the amount (principal + simple interest) on ₹9800 at 5% per year for 2 years (in ₹)?
- 20.A shopkeeper buys a sewing machine for ₹2000 and sells it for ₹2170. What is the profit (in ₹)?
- 21.A cooler costs ₹3700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹5000 at 5% per year for 3 years (in ₹)?
- 23.A cricket kit costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a table for ₹2000 and sells it for ₹1790. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹4600 at 11% per year for 1 year (in ₹)?
- 26.A cricket kit costs ₹2900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 27.What is the simple interest on ₹3400 at 8% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹2150. What is the loss (in ₹)?
- 29.What is 35% of 560?
- 30.What is 80% of 500?
- 31.What is the amount (principal + simple interest) on ₹700 at 11% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1680. What is the loss (in ₹)?
- 33.The price of a school bag changed from ₹500 to ₹875. What is the percentage increase?
- 34.What is 70% of 340?
- 35.What is the simple interest on ₹6400 at 4% per year for 4 years (in ₹)?
- 36.What is the simple interest on ₹6500 at 8% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a fan for ₹2250 and sells it for ₹2520. What is the profit (in ₹)?
- 38.A watch bought for ₹700 is sold for ₹980. What is the profit per cent?
- 39.A cricket kit costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 40.What is 55% of 80?
Answer key
- 3410
- 70
- 840
- 266
- 5936
- 1440
- 20
- 15
- 280
- 110
- 7840
- 216
- 290
- 9744
- 4370
- 10
- 260
- 40
- 10780
- 170
- 2590
- 5750
- 2200
- 210
- 5106
- 2175
- 272
- 100
- 196
- 400
- 1085
- 170
- 75
- 238
- 1024
- 2080
- 270
- 40
- 600
- 44
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