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 table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 2.What is 45% of 800?
- 3.The price of a cricket ball changed from ₹200 to ₹140. What is the percentage decrease?
- 4.A shopkeeper buys a table for ₹1950 and sells it for ₹2070. What is the profit (in ₹)?
- 5.What is 25% of 60?
- 6.A sewing machine costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 7.A fan bought for ₹3000 is sold for ₹4500. What is the profit per cent?
- 8.What is the amount (principal + simple interest) on ₹2200 at 9% per year for 4 years (in ₹)?
- 9.What is 90% of 40?
- 10.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2770. What is the profit (in ₹)?
- 11.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹820. What is the profit (in ₹)?
- 12.A shopkeeper buys a fan for ₹2400 and sells it for ₹2370. What is the loss (in ₹)?
- 13.What is 40% of 680?
- 14.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2440. What is the profit (in ₹)?
- 15.A shopkeeper buys a mobile phone for ₹2900 and sells it for ₹3130. What is the profit (in ₹)?
- 16.A mobile phone bought for ₹2700 is sold for ₹2565. What is the loss per cent?
- 17.The price of a pair of shoes changed from ₹100 to ₹120. What is the percentage increase?
- 18.What is 35% of 160?
- 19.What is 70% of 760?
- 20.A cycle bought for ₹3800 is sold for ₹5700. What is the profit per cent?
- 21.The price of a water bottle changed from ₹20 to ₹24. What is the percentage increase?
- 22.A watch costs ₹2400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.A cooler costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹8200 at 4% per year for 3 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9100 at 5% per year for 5 years (in ₹)?
- 26.What is the simple interest on ₹1700 at 9% per year for 3 years (in ₹)?
- 27.A shopkeeper buys a cycle for ₹1100 and sells it for ₹1400. What is the profit (in ₹)?
- 28.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹830. What is the profit (in ₹)?
- 29.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹750. What is the profit (in ₹)?
- 30.A shopkeeper buys a watch for ₹2600 and sells it for ₹2450. What is the loss (in ₹)?
- 31.A cooler bought for ₹2600 is sold for ₹1560. What is the loss per cent?
- 32.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹2220. What is the profit (in ₹)?
- 33.A table bought for ₹3600 is sold for ₹4680. What is the profit per cent?
- 34.What is 35% of 280?
- 35.What is the simple interest on ₹1000 at 9% per year for 2 years (in ₹)?
- 36.A cycle bought for ₹3500 is sold for ₹3150. What is the loss per cent?
- 37.What is the simple interest on ₹7000 at 2% per year for 3 years (in ₹)?
- 38.A shopkeeper buys a watch for ₹800 and sells it for ₹890. What is the profit (in ₹)?
- 39.What is the simple interest on ₹6400 at 11% per year for 2 years (in ₹)?
- 40.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1020. What is the profit (in ₹)?
Answer key
- 2100
- 360
- 30
- 120
- 15
- 950
- 50
- 2992
- 36
- 270
- 170
- 30
- 272
- 140
- 230
- 5
- 20
- 56
- 532
- 50
- 20
- 3120
- 3910
- 984
- 11375
- 459
- 300
- 80
- 150
- 150
- 40
- 220
- 30
- 98
- 180
- 10
- 420
- 90
- 1408
- 20
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