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 ₹2650 and sells it for ₹2390. What is the loss (in ₹)?
- 2.The price of a box of mangoes changed from ₹50 to ₹45. What is the percentage decrease?
- 3.What is the amount (principal + simple interest) on ₹7900 at 6% per year for 1 year (in ₹)?
- 4.What is the simple interest on ₹8900 at 4% per year for 2 years (in ₹)?
- 5.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹560. What is the profit (in ₹)?
- 6.A table costs ₹3200. It is sold at a 20% profit. What is the selling price (in ₹)?
- 7.A sewing machine costs ₹3500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹9400 at 4% per year for 5 years (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5200 at 7% per year for 2 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹2000 at 11% per year for 2 years (in ₹)?
- 11.A shopkeeper buys a table for ₹1300 and sells it for ₹1040. What is the loss (in ₹)?
- 12.A fan bought for ₹1600 is sold for ₹1920. What is the profit per cent?
- 13.The price of a bus pass changed from ₹400 to ₹360. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹9500 at 5% per year for 5 years (in ₹)?
- 15.A shopkeeper buys a fan for ₹1950 and sells it for ₹1860. What is the loss (in ₹)?
- 16.A mobile phone costs ₹3900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 17.What is 75% of 220?
- 18.What is 20% of 500?
- 19.What is the simple interest on ₹7000 at 3% per year for 3 years (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 3 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹1300 at 6% per year for 2 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹9700 at 6% per year for 1 year (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹4200 at 10% per year for 1 year (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹6600 at 2% per year for 4 years (in ₹)?
- 25.A cooler costs ₹3400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹1600 at 12% per year for 5 years (in ₹)?
- 27.A cooler bought for ₹2900 is sold for ₹4060. What is the profit per cent?
- 28.What is the amount (principal + simple interest) on ₹7600 at 12% per year for 2 years (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 4 years (in ₹)?
- 30.What is 25% of 720?
- 31.What is 10% of 960?
- 32.What is 60% of 460?
- 33.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹1090. What is the profit (in ₹)?
- 34.A sewing machine costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 35.What is the simple interest on ₹9900 at 7% per year for 2 years (in ₹)?
- 36.A cooler bought for ₹2600 is sold for ₹3380. What is the profit per cent?
- 37.A shopkeeper buys a cooler for ₹450 and sells it for ₹240. What is the loss (in ₹)?
- 38.A shopkeeper buys a watch for ₹1200 and sells it for ₹970. What is the loss (in ₹)?
- 39.A table bought for ₹1700 is sold for ₹2125. What is the profit per cent?
- 40.A watch costs ₹4000. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 260
- 10
- 8374
- 712
- 110
- 3840
- 1750
- 1880
- 5928
- 2440
- 260
- 20
- 10
- 11875
- 90
- 4875
- 165
- 100
- 630
- 9968
- 1456
- 10282
- 4620
- 7128
- 2992
- 960
- 40
- 9424
- 7168
- 180
- 96
- 276
- 90
- 425
- 1386
- 30
- 210
- 230
- 25
- 4480
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