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 watch for ₹1100 and sells it for ₹1360. What is the profit (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹800 and sells it for ₹650. What is the loss (in ₹)?
- 3.What is 45% of 300?
- 4.What is 20% of 60?
- 5.What is 40% of 620?
- 6.A shopkeeper buys a cycle for ₹1450 and sells it for ₹1610. What is the profit (in ₹)?
- 7.What is the simple interest on ₹4300 at 4% per year for 4 years (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹4200 at 12% per year for 1 year (in ₹)?
- 9.The price of a box of mangoes changed from ₹400 to ₹420. What is the percentage increase?
- 10.The price of a school bag changed from ₹50 to ₹70. What is the percentage increase?
- 11.The price of a box of mangoes changed from ₹200 to ₹202. What is the percentage increase?
- 12.What is the simple interest on ₹8800 at 9% per year for 2 years (in ₹)?
- 13.What is 85% of 80?
- 14.What is 65% of 460?
- 15.A mobile phone costs ₹1600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 16.What is 80% of 720?
- 17.What is 80% of 660?
- 18.A table costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 19.The price of a cricket ball changed from ₹200 to ₹198. What is the percentage decrease?
- 20.A shopkeeper buys a cycle for ₹200 and sells it for ₹290. What is the profit (in ₹)?
- 21.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2530. What is the loss (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹6200 at 3% per year for 4 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹900 at 10% per year for 5 years (in ₹)?
- 24.The price of a cricket ball changed from ₹250 to ₹125. What is the percentage decrease?
- 25.What is the amount (principal + simple interest) on ₹4200 at 3% per year for 4 years (in ₹)?
- 26.What is 65% of 520?
- 27.A shopkeeper buys a watch for ₹2700 and sells it for ₹2400. What is the loss (in ₹)?
- 28.A watch costs ₹1700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 29.The price of a bus pass changed from ₹20 to ₹30. What is the percentage increase?
- 30.The price of a cricket ball changed from ₹200 to ₹80. What is the percentage decrease?
- 31.A cooler costs ₹3300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹9700 at 11% per year for 5 years (in ₹)?
- 33.A sewing machine bought for ₹700 is sold for ₹1050. What is the profit per cent?
- 34.A watch bought for ₹700 is sold for ₹784. What is the profit per cent?
- 35.A shopkeeper buys a cycle for ₹600 and sells it for ₹570. What is the loss (in ₹)?
- 36.A fan costs ₹800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹9500 at 7% per year for 2 years (in ₹)?
- 38.What is the simple interest on ₹4900 at 3% per year for 3 years (in ₹)?
- 39.A shopkeeper buys a cooler for ₹1250 and sells it for ₹990. What is the loss (in ₹)?
- 40.A cricket kit bought for ₹900 is sold for ₹765. What is the loss per cent?
Answer key
- 260
- 150
- 135
- 12
- 248
- 160
- 688
- 4704
- 5
- 40
- 1
- 1584
- 68
- 299
- 1920
- 576
- 528
- 880
- 1
- 90
- 220
- 6944
- 1350
- 50
- 4704
- 338
- 300
- 1904
- 50
- 60
- 3795
- 5335
- 50
- 12
- 30
- 1040
- 10830
- 441
- 260
- 15
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