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 ₹650 and sells it for ₹420. What is the loss (in ₹)?
- 2.A cricket kit bought for ₹800 is sold for ₹1200. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹4900 at 2% per year for 1 year (in ₹)?
- 4.A cycle costs ₹2000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹2700 at 10% per year for 2 years (in ₹)?
- 6.What is 90% of 980?
- 7.A cooler costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 8.What is 5% of 580?
- 9.The price of a box of mangoes changed from ₹80 to ₹8. What is the percentage decrease?
- 10.A sewing machine bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 11.What is 10% of 620?
- 12.What is 90% of 380?
- 13.What is the amount (principal + simple interest) on ₹4300 at 2% per year for 3 years (in ₹)?
- 14.The price of a school bag changed from ₹40 to ₹4. What is the percentage decrease?
- 15.A fan bought for ₹300 is sold for ₹315. What is the profit per cent?
- 16.What is 30% of 960?
- 17.A sewing machine costs ₹2100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹1900 at 9% per year for 3 years (in ₹)?
- 19.What is the simple interest on ₹5000 at 5% per year for 3 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹7500 at 3% per year for 3 years (in ₹)?
- 21.A shopkeeper buys a table for ₹700 and sells it for ₹990. What is the profit (in ₹)?
- 22.What is the simple interest on ₹8900 at 8% per year for 5 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹9300 at 5% per year for 3 years (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1000 at 6% per year for 4 years (in ₹)?
- 25.The price of a box of mangoes changed from ₹200 to ₹260. What is the percentage increase?
- 26.What is the amount (principal + simple interest) on ₹4200 at 6% per year for 4 years (in ₹)?
- 27.The price of a water bottle changed from ₹400 to ₹700. What is the percentage increase?
- 28.A shopkeeper buys a mobile phone for ₹400 and sells it for ₹600. What is the profit (in ₹)?
- 29.A cricket kit bought for ₹3700 is sold for ₹5180. What is the profit per cent?
- 30.What is the amount (principal + simple interest) on ₹1700 at 4% per year for 1 year (in ₹)?
- 31.A fan bought for ₹1000 is sold for ₹1300. What is the profit per cent?
- 32.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 4 years (in ₹)?
- 33.What is 65% of 220?
- 34.What is the amount (principal + simple interest) on ₹3300 at 6% per year for 5 years (in ₹)?
- 35.What is 85% of 540?
- 36.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹780. What is the profit (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4300 at 10% per year for 1 year (in ₹)?
- 38.A shopkeeper buys a cycle for ₹700 and sells it for ₹610. What is the loss (in ₹)?
- 39.What is 80% of 80?
- 40.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹760. What is the profit (in ₹)?
Answer key
- 230
- 50
- 4998
- 2300
- 3240
- 882
- 2280
- 29
- 90
- 5
- 62
- 342
- 4558
- 90
- 5
- 288
- 2730
- 513
- 750
- 8175
- 290
- 3560
- 10695
- 1240
- 30
- 5208
- 75
- 200
- 40
- 1768
- 30
- 5616
- 143
- 4290
- 459
- 180
- 4730
- 90
- 64
- 110
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