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 bought for ₹2800 is sold for ₹3220. What is the profit per cent?
- 2.A cycle bought for ₹1500 is sold for ₹1725. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹8900 at 2% per year for 2 years (in ₹)?
- 4.A table bought for ₹1200 is sold for ₹1080. What is the loss per cent?
- 5.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2640. What is the loss (in ₹)?
- 6.The price of a bus pass changed from ₹20 to ₹32. What is the percentage increase?
- 7.A watch costs ₹3000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 8.What is 55% of 700?
- 9.The price of a bus pass changed from ₹40 to ₹32. What is the percentage decrease?
- 10.A cycle costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 11.What is 80% of 540?
- 12.What is 30% of 180?
- 13.A fan bought for ₹3500 is sold for ₹5250. What is the profit per cent?
- 14.A table bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 15.What is the amount (principal + simple interest) on ₹5500 at 3% per year for 1 year (in ₹)?
- 16.A shopkeeper buys a fan for ₹2000 and sells it for ₹2170. What is the profit (in ₹)?
- 17.A cycle bought for ₹400 is sold for ₹420. What is the profit per cent?
- 18.A fan bought for ₹400 is sold for ₹300. What is the loss per cent?
- 19.What is 40% of 1000?
- 20.A shopkeeper buys a fan for ₹2900 and sells it for ₹2860. What is the loss (in ₹)?
- 21.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2690. What is the loss (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹1800 at 2% per year for 5 years (in ₹)?
- 23.What is 80% of 80?
- 24.A fan costs ₹2700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 25.A shopkeeper buys a fan for ₹1350 and sells it for ₹1150. What is the loss (in ₹)?
- 26.A shopkeeper buys a fan for ₹2450 and sells it for ₹2430. What is the loss (in ₹)?
- 27.What is 15% of 660?
- 28.What is the simple interest on ₹5800 at 8% per year for 1 year (in ₹)?
- 29.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1820. What is the profit (in ₹)?
- 30.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
- 31.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹970. What is the profit (in ₹)?
- 32.A cooler costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 33.What is the simple interest on ₹1200 at 9% per year for 2 years (in ₹)?
- 34.A shopkeeper buys a fan for ₹1450 and sells it for ₹1600. What is the profit (in ₹)?
- 35.A table bought for ₹2900 is sold for ₹2610. What is the loss per cent?
- 36.A cycle bought for ₹1200 is sold for ₹1020. What is the loss per cent?
- 37.A shopkeeper buys a sewing machine for ₹1350 and sells it for ₹1250. What is the loss (in ₹)?
- 38.What is 90% of 440?
- 39.What is 90% of 400?
- 40.A cricket kit bought for ₹1700 is sold for ₹1615. What is the loss per cent?
Answer key
- 15
- 15
- 9256
- 10
- 10
- 60
- 1800
- 385
- 20
- 1232
- 432
- 54
- 50
- 5
- 5665
- 170
- 5
- 25
- 400
- 40
- 160
- 1980
- 64
- 2835
- 200
- 20
- 99
- 464
- 270
- 80
- 70
- 420
- 216
- 150
- 10
- 15
- 100
- 396
- 360
- 5
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