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 cricket kit for ₹2750 and sells it for ₹2740. What is the loss (in ₹)?
- 2.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
- 3.What is the amount (principal + simple interest) on ₹900 at 10% per year for 3 years (in ₹)?
- 4.What is 10% of 120?
- 5.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 6.A shopkeeper buys a cycle for ₹900 and sells it for ₹1180. What is the profit (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹2150 and sells it for ₹2130. What is the loss (in ₹)?
- 8.A shopkeeper buys a fan for ₹1850 and sells it for ₹1830. What is the loss (in ₹)?
- 9.A cycle costs ₹800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 10.A table bought for ₹1500 is sold for ₹1800. What is the profit per cent?
- 11.The price of a school bag changed from ₹40 to ₹56. What is the percentage increase?
- 12.What is the simple interest on ₹4900 at 11% per year for 2 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹8500 at 9% per year for 5 years (in ₹)?
- 14.A table bought for ₹1100 is sold for ₹990. What is the loss per cent?
- 15.A watch bought for ₹300 is sold for ₹270. What is the loss per cent?
- 16.A shopkeeper buys a cooler for ₹2100 and sells it for ₹2370. What is the profit (in ₹)?
- 17.The price of a pair of shoes changed from ₹40 to ₹72. What is the percentage increase?
- 18.A fan costs ₹3600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 19.What is 55% of 740?
- 20.A mobile phone bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 21.A shopkeeper buys a mobile phone for ₹300 and sells it for ₹380. What is the profit (in ₹)?
- 22.A table bought for ₹3600 is sold for ₹4680. What is the profit per cent?
- 23.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 1 year (in ₹)?
- 24.A fan costs ₹900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹5200 at 7% per year for 1 year (in ₹)?
- 26.The price of a school bag changed from ₹20 to ₹8. What is the percentage decrease?
- 27.The price of a school bag changed from ₹100 to ₹40. What is the percentage decrease?
- 28.The price of a water bottle changed from ₹400 to ₹440. What is the percentage increase?
- 29.What is the simple interest on ₹5500 at 6% per year for 3 years (in ₹)?
- 30.What is 85% of 1000?
- 31.What is the simple interest on ₹8200 at 9% per year for 5 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 1 year (in ₹)?
- 33.What is the simple interest on ₹2500 at 7% per year for 5 years (in ₹)?
- 34.The price of a water bottle changed from ₹200 to ₹380. What is the percentage increase?
- 35.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹120. What is the loss (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹2800 at 2% per year for 4 years (in ₹)?
- 37.A shopkeeper buys a fan for ₹2300 and sells it for ₹2270. What is the loss (in ₹)?
- 38.What is the simple interest on ₹2000 at 4% per year for 1 year (in ₹)?
- 39.What is the simple interest on ₹7200 at 5% per year for 1 year (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹5600 at 8% per year for 3 years (in ₹)?
Answer key
- 10
- 60
- 1170
- 12
- 60
- 280
- 20
- 20
- 704
- 20
- 40
- 1078
- 12325
- 10
- 10
- 270
- 80
- 4500
- 407
- 20
- 80
- 30
- 8140
- 720
- 364
- 60
- 60
- 10
- 990
- 850
- 3690
- 4635
- 875
- 90
- 80
- 3024
- 30
- 80
- 360
- 6944
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