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 cooler for ₹2100 and sells it for ₹2090. What is the loss (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹5500 at 9% per year for 2 years (in ₹)?
- 3.What is the simple interest on ₹2800 at 9% per year for 4 years (in ₹)?
- 4.What is 60% of 760?
- 5.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1410. What is the loss (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹3600 at 10% per year for 4 years (in ₹)?
- 7.A shopkeeper buys a fan for ₹1200 and sells it for ₹1450. What is the profit (in ₹)?
- 8.The price of a school bag changed from ₹20 to ₹38. What is the percentage increase?
- 9.What is 25% of 320?
- 10.What is the simple interest on ₹3000 at 2% per year for 2 years (in ₹)?
- 11.A mobile phone costs ₹2600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 12.The price of a water bottle changed from ₹100 to ₹180. What is the percentage increase?
- 13.What is the amount (principal + simple interest) on ₹3600 at 4% per year for 5 years (in ₹)?
- 14.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2280. What is the loss (in ₹)?
- 15.The price of a school bag changed from ₹80 to ₹56. What is the percentage decrease?
- 16.A shopkeeper buys a sewing machine for ₹1250 and sells it for ₹1360. What is the profit (in ₹)?
- 17.A cycle costs ₹400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 18.What is 65% of 680?
- 19.What is 5% of 560?
- 20.A shopkeeper buys a watch for ₹700 and sells it for ₹900. What is the profit (in ₹)?
- 21.A shopkeeper buys a cooler for ₹2700 and sells it for ₹2680. What is the loss (in ₹)?
- 22.A shopkeeper buys a fan for ₹250 and sells it for ₹470. What is the profit (in ₹)?
- 23.The price of a box of mangoes changed from ₹25 to ₹30. What is the percentage increase?
- 24.What is 20% of 580?
- 25.What is 75% of 260?
- 26.A cycle costs ₹1000. It is sold at a 12% loss. What is the selling price (in ₹)?
- 27.The price of a bus pass changed from ₹400 to ₹404. What is the percentage increase?
- 28.What is the amount (principal + simple interest) on ₹3100 at 2% per year for 4 years (in ₹)?
- 29.What is the simple interest on ₹4400 at 7% per year for 1 year (in ₹)?
- 30.The price of a bus pass changed from ₹80 to ₹120. What is the percentage increase?
- 31.A shopkeeper buys a fan for ₹2400 and sells it for ₹2640. What is the profit (in ₹)?
- 32.A shopkeeper buys a table for ₹1650 and sells it for ₹1430. What is the loss (in ₹)?
- 33.What is 60% of 440?
- 34.A mobile phone bought for ₹1500 is sold for ₹1650. What is the profit per cent?
- 35.A cooler bought for ₹2000 is sold for ₹2240. What is the profit per cent?
- 36.What is 75% of 160?
- 37.A cycle costs ₹3400. It is sold at a 25% profit. What is the selling price (in ₹)?
- 38.A shopkeeper buys a fan for ₹1600 and sells it for ₹1510. What is the loss (in ₹)?
- 39.A shopkeeper buys a fan for ₹1500 and sells it for ₹1710. What is the profit (in ₹)?
- 40.What is 30% of 980?
Answer key
- 10
- 6490
- 1008
- 456
- 190
- 5040
- 250
- 90
- 80
- 120
- 2912
- 80
- 4320
- 20
- 30
- 110
- 420
- 442
- 28
- 200
- 20
- 220
- 20
- 116
- 195
- 880
- 1
- 3348
- 308
- 50
- 240
- 220
- 264
- 10
- 12
- 120
- 4250
- 90
- 210
- 294
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