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 mobile phone for ₹1450 and sells it for ₹1370. What is the loss (in ₹)?
- 2.What is 5% of 440?
- 3.A shopkeeper buys a cycle for ₹500 and sells it for ₹310. What is the loss (in ₹)?
- 4.What is 60% of 280?
- 5.A cooler costs ₹1500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 6.What is 95% of 560?
- 7.What is the amount (principal + simple interest) on ₹5000 at 7% per year for 1 year (in ₹)?
- 8.The price of a pair of shoes changed from ₹250 to ₹450. What is the percentage increase?
- 9.What is the amount (principal + simple interest) on ₹4000 at 9% per year for 5 years (in ₹)?
- 10.What is 30% of 160?
- 11.What is the simple interest on ₹1300 at 4% per year for 4 years (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹2800 at 4% per year for 2 years (in ₹)?
- 13.A shopkeeper buys a fan for ₹600 and sells it for ₹610. What is the profit (in ₹)?
- 14.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹720. What is the profit (in ₹)?
- 15.What is 40% of 320?
- 16.The price of a bus pass changed from ₹250 to ₹150. What is the percentage decrease?
- 17.What is the amount (principal + simple interest) on ₹7000 at 3% per year for 4 years (in ₹)?
- 18.A shopkeeper buys a fan for ₹2300 and sells it for ₹2120. What is the loss (in ₹)?
- 19.What is 80% of 160?
- 20.A cooler bought for ₹1400 is sold for ₹1260. What is the loss per cent?
- 21.The price of a bus pass changed from ₹400 to ₹480. What is the percentage increase?
- 22.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1430. What is the profit (in ₹)?
- 23.What is the simple interest on ₹3800 at 6% per year for 4 years (in ₹)?
- 24.A shopkeeper buys a cooler for ₹2250 and sells it for ₹1970. What is the loss (in ₹)?
- 25.A cycle costs ₹1700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹7100 at 10% per year for 5 years (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹10000 at 12% per year for 5 years (in ₹)?
- 28.A watch costs ₹1600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 29.What is 90% of 940?
- 30.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2280. What is the profit (in ₹)?
- 31.What is 25% of 880?
- 32.What is the amount (principal + simple interest) on ₹7200 at 9% per year for 2 years (in ₹)?
- 33.A fan bought for ₹1700 is sold for ₹1275. What is the loss per cent?
- 34.A table bought for ₹1700 is sold for ₹1275. What is the loss per cent?
- 35.What is 80% of 220?
- 36.The price of a bus pass changed from ₹40 to ₹48. What is the percentage increase?
- 37.What is 15% of 660?
- 38.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1060. What is the loss (in ₹)?
- 39.What is 5% of 620?
- 40.What is 60% of 720?
Answer key
- 80
- 22
- 190
- 168
- 1350
- 532
- 5350
- 80
- 5800
- 48
- 208
- 3024
- 10
- 170
- 128
- 40
- 7840
- 180
- 128
- 10
- 20
- 130
- 912
- 280
- 1870
- 3550
- 16000
- 1520
- 846
- 80
- 220
- 8496
- 25
- 25
- 176
- 20
- 99
- 140
- 31
- 432
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