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 sewing machine for ₹850 and sells it for ₹1040. What is the profit (in ₹)?
- 2.A watch bought for ₹700 is sold for ₹735. What is the profit per cent?
- 3.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹1010. What is the profit (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹5600 at 5% per year for 3 years (in ₹)?
- 5.A cycle bought for ₹1100 is sold for ₹968. What is the loss per cent?
- 6.A shopkeeper buys a cycle for ₹1000 and sells it for ₹770. What is the loss (in ₹)?
- 7.The price of a school bag changed from ₹400 to ₹200. What is the percentage decrease?
- 8.A table bought for ₹3000 is sold for ₹3300. What is the profit per cent?
- 9.What is the simple interest on ₹800 at 6% per year for 4 years (in ₹)?
- 10.What is 90% of 340?
- 11.A table costs ₹2300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 12.A fan bought for ₹3600 is sold for ₹2520. What is the loss per cent?
- 13.A cooler costs ₹2600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 14.The price of a water bottle changed from ₹500 to ₹800. What is the percentage increase?
- 15.What is 60% of 400?
- 16.What is 45% of 100?
- 17.A cooler costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 18.A cricket kit costs ₹2600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 19.A cricket kit bought for ₹700 is sold for ₹665. What is the loss per cent?
- 20.What is the amount (principal + simple interest) on ₹3300 at 4% per year for 2 years (in ₹)?
- 21.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2510. What is the loss (in ₹)?
- 22.What is the simple interest on ₹2700 at 3% per year for 2 years (in ₹)?
- 23.What is the simple interest on ₹5400 at 10% per year for 1 year (in ₹)?
- 24.The price of a school bag changed from ₹100 to ₹90. What is the percentage decrease?
- 25.What is the simple interest on ₹1800 at 6% per year for 1 year (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹7900 at 2% per year for 2 years (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹5300 at 9% per year for 5 years (in ₹)?
- 28.The price of a pair of shoes changed from ₹100 to ₹25. What is the percentage decrease?
- 29.What is 35% of 780?
- 30.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1320. What is the loss (in ₹)?
- 31.What is the simple interest on ₹5800 at 5% per year for 3 years (in ₹)?
- 32.A cycle bought for ₹800 is sold for ₹1040. What is the profit per cent?
- 33.A cooler costs ₹1000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 34.What is 65% of 120?
- 35.A shopkeeper buys a table for ₹2150 and sells it for ₹2090. What is the loss (in ₹)?
- 36.A watch costs ₹3700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 37.What is 25% of 740?
- 38.What is 20% of 120?
- 39.A shopkeeper buys a table for ₹2300 and sells it for ₹2590. What is the profit (in ₹)?
- 40.A cooler costs ₹3200. It is sold at a 10% loss. What is the selling price (in ₹)?
Answer key
- 190
- 5
- 60
- 6440
- 12
- 230
- 50
- 10
- 192
- 306
- 2530
- 30
- 3900
- 60
- 240
- 45
- 2090
- 2990
- 5
- 3564
- 240
- 162
- 540
- 10
- 108
- 8216
- 7685
- 75
- 273
- 180
- 870
- 30
- 600
- 78
- 60
- 2220
- 185
- 24
- 290
- 2880
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