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 cycle for ₹1150 and sells it for ₹870. What is the loss (in ₹)?
- 2.The price of a water bottle changed from ₹40 to ₹76. What is the percentage increase?
- 3.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1670. What is the profit (in ₹)?
- 4.A watch bought for ₹2800 is sold for ₹2520. What is the loss per cent?
- 5.What is 15% of 540?
- 6.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1250. What is the profit (in ₹)?
- 7.The price of a bus pass changed from ₹40 to ₹4. What is the percentage decrease?
- 8.A cooler costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 9.What is 35% of 280?
- 10.What is the simple interest on ₹3100 at 4% per year for 3 years (in ₹)?
- 11.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
- 12.What is 90% of 420?
- 13.The price of a box of mangoes changed from ₹250 to ₹325. What is the percentage increase?
- 14.What is the amount (principal + simple interest) on ₹9000 at 5% per year for 3 years (in ₹)?
- 15.A shopkeeper buys a cycle for ₹750 and sells it for ₹790. What is the profit (in ₹)?
- 16.A table bought for ₹2500 is sold for ₹2125. What is the loss per cent?
- 17.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 1 year (in ₹)?
- 18.What is 30% of 80?
- 19.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1300. What is the profit (in ₹)?
- 20.The price of a box of mangoes changed from ₹40 to ₹36. What is the percentage decrease?
- 21.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1660. What is the loss (in ₹)?
- 22.A table costs ₹2600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 23.A cooler bought for ₹800 is sold for ₹560. What is the loss per cent?
- 24.A sewing machine bought for ₹2100 is sold for ₹1260. What is the loss per cent?
- 25.A fan costs ₹3500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.What is 80% of 40?
- 27.What is 10% of 200?
- 28.The price of a pair of shoes changed from ₹250 to ₹375. What is the percentage increase?
- 29.A cricket kit bought for ₹1600 is sold for ₹1440. What is the loss per cent?
- 30.A shopkeeper buys a cycle for ₹400 and sells it for ₹700. What is the profit (in ₹)?
- 31.What is the simple interest on ₹8500 at 4% per year for 5 years (in ₹)?
- 32.What is the simple interest on ₹4900 at 11% per year for 4 years (in ₹)?
- 33.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹1220. What is the profit (in ₹)?
- 34.A shopkeeper buys a watch for ₹2850 and sells it for ₹2910. What is the profit (in ₹)?
- 35.A cooler costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 36.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1440. What is the profit (in ₹)?
- 37.A shopkeeper buys a cricket kit for ₹950 and sells it for ₹770. What is the loss (in ₹)?
- 38.What is 75% of 800?
- 39.A sewing machine bought for ₹1000 is sold for ₹900. What is the loss per cent?
- 40.What is the simple interest on ₹5600 at 9% per year for 3 years (in ₹)?
Answer key
- 280
- 90
- 70
- 10
- 81
- 50
- 90
- 2816
- 98
- 372
- 3528
- 378
- 30
- 10350
- 40
- 15
- 5600
- 24
- 50
- 10
- 90
- 2340
- 30
- 40
- 2100
- 32
- 20
- 50
- 10
- 300
- 1700
- 2156
- 270
- 60
- 2464
- 290
- 180
- 600
- 10
- 1512
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