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 bought for ₹2100 is sold for ₹1890. What is the loss per cent?
- 2.A cycle costs ₹2100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 3.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹970. What is the loss (in ₹)?
- 4.A shopkeeper buys a watch for ₹1850 and sells it for ₹2150. What is the profit (in ₹)?
- 5.A shopkeeper buys a cycle for ₹900 and sells it for ₹1180. What is the profit (in ₹)?
- 6.A shopkeeper buys a table for ₹2400 and sells it for ₹2620. What is the profit (in ₹)?
- 7.A shopkeeper buys a cooler for ₹1750 and sells it for ₹1850. What is the profit (in ₹)?
- 8.What is the simple interest on ₹9900 at 2% per year for 2 years (in ₹)?
- 9.A cycle bought for ₹1900 is sold for ₹2128. What is the profit per cent?
- 10.What is the simple interest on ₹1800 at 10% per year for 1 year (in ₹)?
- 11.What is 40% of 800?
- 12.A fan bought for ₹1500 is sold for ₹1650. What is the profit per cent?
- 13.What is the amount (principal + simple interest) on ₹700 at 3% per year for 3 years (in ₹)?
- 14.A watch bought for ₹3700 is sold for ₹3330. What is the loss per cent?
- 15.A fan bought for ₹2600 is sold for ₹2288. What is the loss per cent?
- 16.What is 10% of 860?
- 17.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹990. What is the loss (in ₹)?
- 18.The price of a box of mangoes changed from ₹25 to ₹40. What is the percentage increase?
- 19.A shopkeeper buys a sewing machine for ₹1050 and sells it for ₹1240. What is the profit (in ₹)?
- 20.A cycle costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹690. What is the loss (in ₹)?
- 22.What is the simple interest on ₹5700 at 10% per year for 1 year (in ₹)?
- 23.A cricket kit bought for ₹3400 is sold for ₹4250. What is the profit per cent?
- 24.What is 75% of 540?
- 25.What is 40% of 920?
- 26.What is the simple interest on ₹1300 at 2% per year for 2 years (in ₹)?
- 27.What is 30% of 220?
- 28.What is the simple interest on ₹2500 at 7% per year for 4 years (in ₹)?
- 29.What is the simple interest on ₹9800 at 9% per year for 4 years (in ₹)?
- 30.What is the simple interest on ₹2500 at 6% per year for 1 year (in ₹)?
- 31.A shopkeeper buys a cooler for ₹600 and sells it for ₹500. What is the loss (in ₹)?
- 32.A cricket kit bought for ₹500 is sold for ₹250. What is the loss per cent?
- 33.What is 10% of 560?
- 34.What is 40% of 120?
- 35.A shopkeeper buys a table for ₹950 and sells it for ₹1190. What is the profit (in ₹)?
- 36.A fan bought for ₹900 is sold for ₹675. What is the loss per cent?
- 37.A shopkeeper buys a table for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2050. What is the loss (in ₹)?
- 39.What is 30% of 540?
- 40.What is 65% of 560?
Answer key
- 10
- 2205
- 80
- 300
- 280
- 220
- 100
- 396
- 12
- 180
- 320
- 10
- 763
- 10
- 12
- 86
- 10
- 60
- 190
- 1275
- 160
- 570
- 25
- 405
- 368
- 52
- 66
- 700
- 3528
- 150
- 100
- 50
- 56
- 48
- 240
- 25
- 170
- 300
- 162
- 364
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