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 cricket kit bought for ₹3000 is sold for ₹3150. What is the profit per cent?
- 2.What is the amount (principal + simple interest) on ₹2900 at 3% per year for 5 years (in ₹)?
- 3.A shopkeeper buys a cycle for ₹750 and sells it for ₹1040. What is the profit (in ₹)?
- 4.What is the simple interest on ₹2600 at 7% per year for 5 years (in ₹)?
- 5.What is the simple interest on ₹1000 at 6% per year for 4 years (in ₹)?
- 6.A cycle costs ₹1000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 7.A cycle costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 8.A watch bought for ₹1500 is sold for ₹1650. What is the profit per cent?
- 9.A fan bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 10.What is the simple interest on ₹1200 at 3% per year for 2 years (in ₹)?
- 11.A fan costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 12.The price of a school bag changed from ₹500 to ₹450. What is the percentage decrease?
- 13.The price of a water bottle changed from ₹80 to ₹112. What is the percentage increase?
- 14.What is the simple interest on ₹1800 at 5% per year for 3 years (in ₹)?
- 15.The price of a water bottle changed from ₹20 to ₹36. What is the percentage increase?
- 16.A cooler costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 17.The price of a school bag changed from ₹250 to ₹275. What is the percentage increase?
- 18.A sewing machine costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 19.What is 5% of 140?
- 20.What is 25% of 920?
- 21.The price of a bus pass changed from ₹500 to ₹600. What is the percentage increase?
- 22.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1320. What is the profit (in ₹)?
- 23.What is 75% of 360?
- 24.The price of a cricket ball changed from ₹20 to ₹15. What is the percentage decrease?
- 25.A sewing machine bought for ₹2400 is sold for ₹2112. What is the loss per cent?
- 26.What is 95% of 440?
- 27.What is 95% of 980?
- 28.A shopkeeper buys a cricket kit for ₹700 and sells it for ₹840. What is the profit (in ₹)?
- 29.The price of a water bottle changed from ₹25 to ₹20. What is the percentage decrease?
- 30.A sewing machine bought for ₹300 is sold for ₹360. What is the profit per cent?
- 31.A cricket kit costs ₹1600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 32.What is 60% of 840?
- 33.What is 40% of 260?
- 34.What is 30% of 800?
- 35.What is the amount (principal + simple interest) on ₹4500 at 4% per year for 1 year (in ₹)?
- 36.A watch costs ₹3200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 37.The price of a school bag changed from ₹25 to ₹30. What is the percentage increase?
- 38.The price of a box of mangoes changed from ₹80 to ₹104. What is the percentage increase?
- 39.What is the simple interest on ₹1900 at 6% per year for 5 years (in ₹)?
- 40.What is 55% of 380?
Answer key
- 5
- 3335
- 290
- 910
- 240
- 800
- 3145
- 10
- 5
- 72
- 875
- 10
- 40
- 270
- 80
- 1300
- 10
- 3750
- 7
- 230
- 20
- 20
- 270
- 25
- 12
- 418
- 931
- 140
- 20
- 20
- 2000
- 504
- 104
- 240
- 4680
- 4000
- 20
- 30
- 570
- 209
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