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 watch bought for ₹3600 is sold for ₹4500. What is the profit per cent?
- 2.A table costs ₹2500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 3.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹520. What is the loss (in ₹)?
- 4.What is 35% of 500?
- 5.What is 95% of 620?
- 6.A cricket kit bought for ₹1700 is sold for ₹1190. What is the loss per cent?
- 7.The price of a box of mangoes changed from ₹400 to ₹240. What is the percentage decrease?
- 8.What is the simple interest on ₹1400 at 12% per year for 1 year (in ₹)?
- 9.What is the simple interest on ₹700 at 6% per year for 4 years (in ₹)?
- 10.What is the simple interest on ₹7000 at 8% per year for 5 years (in ₹)?
- 11.What is 95% of 600?
- 12.A shopkeeper buys a table for ₹2450 and sells it for ₹2380. What is the loss (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹3700 at 8% per year for 1 year (in ₹)?
- 14.A shopkeeper buys a watch for ₹2800 and sells it for ₹2630. What is the loss (in ₹)?
- 15.What is 85% of 580?
- 16.A shopkeeper buys a cooler for ₹1950 and sells it for ₹2000. What is the profit (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹600 at 4% per year for 5 years (in ₹)?
- 18.A shopkeeper buys a watch for ₹1350 and sells it for ₹1170. What is the loss (in ₹)?
- 19.A shopkeeper buys a fan for ₹550 and sells it for ₹490. What is the loss (in ₹)?
- 20.A sewing machine costs ₹3900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 21.A shopkeeper buys a watch for ₹550 and sells it for ₹290. What is the loss (in ₹)?
- 22.What is the simple interest on ₹7900 at 10% per year for 2 years (in ₹)?
- 23.A cricket kit costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 24.The price of a school bag changed from ₹20 to ₹32. What is the percentage increase?
- 25.A cycle costs ₹2000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 26.What is 75% of 400?
- 27.A shopkeeper buys a cooler for ₹750 and sells it for ₹630. What is the loss (in ₹)?
- 28.The price of a box of mangoes changed from ₹250 to ₹225. What is the percentage decrease?
- 29.A shopkeeper buys a watch for ₹1350 and sells it for ₹1390. What is the profit (in ₹)?
- 30.A cricket kit bought for ₹400 is sold for ₹380. What is the loss per cent?
- 31.What is 25% of 780?
- 32.What is 80% of 720?
- 33.What is 65% of 320?
- 34.What is 25% of 960?
- 35.The price of a pair of shoes changed from ₹100 to ₹150. What is the percentage increase?
- 36.A shopkeeper buys a cycle for ₹2000 and sells it for ₹1700. What is the loss (in ₹)?
- 37.What is the simple interest on ₹2900 at 2% per year for 2 years (in ₹)?
- 38.What is 80% of 600?
- 39.What is the amount (principal + simple interest) on ₹8000 at 9% per year for 1 year (in ₹)?
- 40.A cricket kit bought for ₹1400 is sold for ₹1232. What is the loss per cent?
Answer key
- 25
- 3500
- 230
- 175
- 589
- 30
- 40
- 168
- 168
- 2800
- 570
- 70
- 3996
- 170
- 493
- 50
- 720
- 180
- 60
- 4095
- 260
- 1580
- 704
- 60
- 1900
- 300
- 120
- 10
- 40
- 5
- 195
- 576
- 208
- 240
- 50
- 300
- 116
- 480
- 8720
- 12
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