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 cycle for ₹2050 and sells it for ₹2250. What is the profit (in ₹)?
- 2.The price of a box of mangoes changed from ₹80 to ₹64. What is the percentage decrease?
- 3.What is 10% of 800?
- 4.What is the simple interest on ₹8000 at 4% per year for 1 year (in ₹)?
- 5.What is 5% of 100?
- 6.A watch costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 7.What is the simple interest on ₹9500 at 6% per year for 1 year (in ₹)?
- 8.A cricket kit bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 9.A shopkeeper buys a cycle for ₹2400 and sells it for ₹2370. What is the loss (in ₹)?
- 10.The price of a bus pass changed from ₹80 to ₹8. What is the percentage decrease?
- 11.What is the amount (principal + simple interest) on ₹7500 at 8% per year for 3 years (in ₹)?
- 12.A fan costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 13.What is 30% of 380?
- 14.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 1 year (in ₹)?
- 15.A shopkeeper buys a table for ₹300 and sells it for ₹60. What is the loss (in ₹)?
- 16.The price of a school bag changed from ₹200 to ₹202. What is the percentage increase?
- 17.The price of a bus pass changed from ₹500 to ₹490. What is the percentage decrease?
- 18.What is the amount (principal + simple interest) on ₹4000 at 11% per year for 5 years (in ₹)?
- 19.A watch bought for ₹3800 is sold for ₹3610. What is the loss per cent?
- 20.What is 55% of 920?
- 21.What is the simple interest on ₹9700 at 8% per year for 4 years (in ₹)?
- 22.The price of a cricket ball changed from ₹20 to ₹16. What is the percentage decrease?
- 23.What is 60% of 240?
- 24.A cycle costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 25.A mobile phone bought for ₹1900 is sold for ₹1140. What is the loss per cent?
- 26.A shopkeeper buys a fan for ₹1500 and sells it for ₹1460. What is the loss (in ₹)?
- 27.What is 25% of 100?
- 28.A fan bought for ₹1600 is sold for ₹1920. What is the profit per cent?
- 29.A mobile phone costs ₹1900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 30.A cycle bought for ₹2100 is sold for ₹1848. What is the loss per cent?
- 31.What is the amount (principal + simple interest) on ₹9900 at 5% per year for 4 years (in ₹)?
- 32.What is the simple interest on ₹6900 at 4% per year for 4 years (in ₹)?
- 33.A shopkeeper buys a cycle for ₹1800 and sells it for ₹2090. What is the profit (in ₹)?
- 34.A sewing machine costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 35.What is 55% of 680?
- 36.A cricket kit costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹1300 at 3% per year for 3 years (in ₹)?
- 38.A cooler bought for ₹2000 is sold for ₹1900. What is the loss per cent?
- 39.A watch bought for ₹600 is sold for ₹300. What is the loss per cent?
- 40.A shopkeeper buys a watch for ₹250 and sells it for ₹330. What is the profit (in ₹)?
Answer key
- 200
- 20
- 80
- 320
- 5
- 1840
- 570
- 12
- 30
- 90
- 9300
- 900
- 114
- 2940
- 240
- 1
- 2
- 6200
- 5
- 506
- 3104
- 20
- 144
- 2160
- 40
- 40
- 25
- 20
- 2090
- 12
- 11880
- 1104
- 290
- 3750
- 374
- 1232
- 1417
- 5
- 50
- 80
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