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 ₹2900 is sold for ₹3045. What is the profit per cent?
- 2.A shopkeeper buys a fan for ₹900 and sells it for ₹910. What is the profit (in ₹)?
- 3.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2940. What is the profit (in ₹)?
- 4.A sewing machine costs ₹1900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 5.A mobile phone costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 6.The price of a cricket ball changed from ₹50 to ₹49. What is the percentage decrease?
- 7.A shopkeeper buys a cricket kit for ₹2850 and sells it for ₹2810. What is the loss (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹3010. What is the profit (in ₹)?
- 9.A watch bought for ₹2800 is sold for ₹1960. What is the loss per cent?
- 10.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 2 years (in ₹)?
- 11.What is 60% of 680?
- 12.What is 25% of 440?
- 13.What is the amount (principal + simple interest) on ₹2300 at 2% per year for 5 years (in ₹)?
- 14.What is the simple interest on ₹7600 at 9% per year for 1 year (in ₹)?
- 15.What is 20% of 200?
- 16.A cooler bought for ₹2800 is sold for ₹4200. What is the profit per cent?
- 17.What is 80% of 540?
- 18.A cycle bought for ₹3800 is sold for ₹2280. What is the loss per cent?
- 19.A sewing machine costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 20.A fan costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹700 at 9% per year for 2 years (in ₹)?
- 22.What is 45% of 440?
- 23.The price of a water bottle changed from ₹40 to ₹70. What is the percentage increase?
- 24.A sewing machine bought for ₹2000 is sold for ₹1800. What is the loss per cent?
- 25.What is 30% of 40?
- 26.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1670. What is the profit (in ₹)?
- 27.A cycle bought for ₹4000 is sold for ₹5600. What is the profit per cent?
- 28.The price of a pair of shoes changed from ₹250 to ₹275. What is the percentage increase?
- 29.The price of a school bag changed from ₹100 to ₹95. What is the percentage decrease?
- 30.What is the simple interest on ₹1700 at 9% per year for 1 year (in ₹)?
- 31.The price of a box of mangoes changed from ₹400 to ₹500. What is the percentage increase?
- 32.What is the simple interest on ₹7500 at 9% per year for 4 years (in ₹)?
- 33.A cricket kit costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹2600 at 2% per year for 1 year (in ₹)?
- 35.What is 10% of 660?
- 36.A shopkeeper buys a cricket kit for ₹1100 and sells it for ₹1220. What is the profit (in ₹)?
- 37.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1920. What is the profit (in ₹)?
- 38.What is 5% of 100?
- 39.A mobile phone bought for ₹800 is sold for ₹600. What is the loss per cent?
- 40.The price of a pair of shoes changed from ₹200 to ₹20. What is the percentage decrease?
Answer key
- 5
- 10
- 140
- 1520
- 2100
- 2
- 40
- 160
- 30
- 8320
- 408
- 110
- 2530
- 684
- 40
- 50
- 432
- 40
- 2090
- 1050
- 126
- 198
- 75
- 10
- 12
- 70
- 40
- 10
- 5
- 153
- 25
- 2700
- 1080
- 2652
- 66
- 120
- 270
- 5
- 25
- 90
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