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 mobile phone for ₹1700 and sells it for ₹1540. What is the loss (in ₹)?
- 2.A sewing machine bought for ₹2500 is sold for ₹3750. What is the profit per cent?
- 3.A shopkeeper buys a cycle for ₹1200 and sells it for ₹1260. What is the profit (in ₹)?
- 4.A watch costs ₹3400. It is sold at a 15% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹6300 at 12% per year for 1 year (in ₹)?
- 6.What is the simple interest on ₹2200 at 4% per year for 1 year (in ₹)?
- 7.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2870. What is the profit (in ₹)?
- 8.The price of a pair of shoes changed from ₹20 to ₹21. What is the percentage increase?
- 9.A watch costs ₹200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 10.What is 40% of 80?
- 11.The price of a box of mangoes changed from ₹80 to ₹140. What is the percentage increase?
- 12.What is the simple interest on ₹4500 at 10% per year for 4 years (in ₹)?
- 13.What is 25% of 420?
- 14.What is the amount (principal + simple interest) on ₹3200 at 8% per year for 4 years (in ₹)?
- 15.A table costs ₹2600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 16.What is 55% of 780?
- 17.What is 90% of 140?
- 18.What is the simple interest on ₹2000 at 9% per year for 3 years (in ₹)?
- 19.What is 80% of 200?
- 20.A fan bought for ₹3500 is sold for ₹3920. What is the profit per cent?
- 21.What is 55% of 200?
- 22.What is the simple interest on ₹7800 at 5% per year for 3 years (in ₹)?
- 23.The price of a bus pass changed from ₹100 to ₹190. What is the percentage increase?
- 24.What is the simple interest on ₹4800 at 11% per year for 4 years (in ₹)?
- 25.A mobile phone bought for ₹3300 is sold for ₹3135. What is the loss per cent?
- 26.A cycle costs ₹2500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 27.What is 25% of 460?
- 28.What is the amount (principal + simple interest) on ₹3500 at 2% per year for 2 years (in ₹)?
- 29.What is the simple interest on ₹8200 at 6% per year for 2 years (in ₹)?
- 30.A mobile phone costs ₹1900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 31.The price of a pair of shoes changed from ₹250 to ₹255. What is the percentage increase?
- 32.A mobile phone costs ₹1300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 33.A fan costs ₹3600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 34.The price of a cricket ball changed from ₹40 to ₹32. What is the percentage decrease?
- 35.A shopkeeper buys a mobile phone for ₹1300 and sells it for ₹1550. What is the profit (in ₹)?
- 36.A shopkeeper buys a fan for ₹450 and sells it for ₹680. What is the profit (in ₹)?
- 37.The price of a pair of shoes changed from ₹20 to ₹10. What is the percentage decrease?
- 38.What is 70% of 260?
- 39.A cooler bought for ₹2400 is sold for ₹1440. What is the loss per cent?
- 40.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2670. What is the profit (in ₹)?
Answer key
- 160
- 50
- 60
- 3910
- 7056
- 88
- 20
- 5
- 250
- 32
- 75
- 1800
- 105
- 4224
- 2080
- 429
- 126
- 540
- 160
- 12
- 110
- 1170
- 90
- 2112
- 5
- 3250
- 115
- 3640
- 984
- 2850
- 2
- 1235
- 5040
- 20
- 250
- 230
- 50
- 182
- 40
- 120
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