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 table for ₹2950 and sells it for ₹3180. What is the profit (in ₹)?
- 2.What is 40% of 380?
- 3.A shopkeeper buys a cricket kit for ₹2200 and sells it for ₹2010. What is the loss (in ₹)?
- 4.A shopkeeper buys a cycle for ₹550 and sells it for ₹520. What is the loss (in ₹)?
- 5.What is 70% of 300?
- 6.A cooler bought for ₹3700 is sold for ₹4440. What is the profit per cent?
- 7.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 5 years (in ₹)?
- 8.A shopkeeper buys a fan for ₹2650 and sells it for ₹2670. What is the profit (in ₹)?
- 9.What is 75% of 200?
- 10.What is 30% of 840?
- 11.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
- 12.The price of a cricket ball changed from ₹200 to ₹40. What is the percentage decrease?
- 13.A watch bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 14.The price of a box of mangoes changed from ₹500 to ₹600. What is the percentage increase?
- 15.A watch costs ₹1800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 16.A shopkeeper buys a sewing machine for ₹1000 and sells it for ₹860. What is the loss (in ₹)?
- 17.What is the simple interest on ₹6200 at 6% per year for 1 year (in ₹)?
- 18.What is 20% of 700?
- 19.The price of a bus pass changed from ₹40 to ₹4. What is the percentage decrease?
- 20.What is the amount (principal + simple interest) on ₹9200 at 5% per year for 4 years (in ₹)?
- 21.A table costs ₹3900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 22.What is 70% of 780?
- 23.The price of a cricket ball changed from ₹200 to ₹204. What is the percentage increase?
- 24.What is 25% of 800?
- 25.A shopkeeper buys a mobile phone for ₹250 and sells it for ₹380. What is the profit (in ₹)?
- 26.A cooler bought for ₹900 is sold for ₹450. What is the loss per cent?
- 27.A watch bought for ₹1300 is sold for ₹1456. What is the profit per cent?
- 28.A fan bought for ₹3600 is sold for ₹3240. What is the loss per cent?
- 29.What is 5% of 700?
- 30.What is 65% of 140?
- 31.A cooler bought for ₹3900 is sold for ₹4368. What is the profit per cent?
- 32.What is the amount (principal + simple interest) on ₹9400 at 9% per year for 2 years (in ₹)?
- 33.A shopkeeper buys a cycle for ₹300 and sells it for ₹320. What is the profit (in ₹)?
- 34.The price of a cricket ball changed from ₹250 to ₹100. What is the percentage decrease?
- 35.What is the amount (principal + simple interest) on ₹900 at 12% per year for 2 years (in ₹)?
- 36.What is the simple interest on ₹1200 at 7% per year for 4 years (in ₹)?
- 37.What is the simple interest on ₹3100 at 6% per year for 5 years (in ₹)?
- 38.A cycle costs ₹600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 39.The price of a pair of shoes changed from ₹80 to ₹32. What is the percentage decrease?
- 40.A sewing machine costs ₹300. It is sold at a 25% profit. What is the selling price (in ₹)?
Answer key
- 230
- 152
- 190
- 30
- 210
- 20
- 4600
- 20
- 150
- 252
- 50
- 80
- 12
- 20
- 2070
- 140
- 372
- 140
- 90
- 11040
- 3315
- 546
- 2
- 200
- 130
- 50
- 12
- 10
- 35
- 91
- 12
- 11092
- 20
- 60
- 1116
- 336
- 930
- 360
- 60
- 375
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