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 ₹1900 and sells it for ₹1860. What is the loss (in ₹)?
- 2.A fan bought for ₹3700 is sold for ₹3256. What is the loss per cent?
- 3.A sewing machine costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 4.What is the simple interest on ₹3600 at 3% per year for 2 years (in ₹)?
- 5.What is the simple interest on ₹6100 at 10% per year for 2 years (in ₹)?
- 6.A watch costs ₹200. It is sold at a 15% profit. What is the selling price (in ₹)?
- 7.A cycle costs ₹900. It is sold at a 15% loss. What is the selling price (in ₹)?
- 8.A cooler bought for ₹1900 is sold for ₹1805. What is the loss per cent?
- 9.A watch bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 10.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2910. What is the profit (in ₹)?
- 11.The price of a cricket ball changed from ₹80 to ₹56. What is the percentage decrease?
- 12.A cricket kit costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹6100 at 4% per year for 4 years (in ₹)?
- 14.A cricket kit bought for ₹3700 is sold for ₹4440. What is the profit per cent?
- 15.A shopkeeper buys a cooler for ₹2400 and sells it for ₹2320. What is the loss (in ₹)?
- 16.What is 70% of 720?
- 17.A shopkeeper buys a sewing machine for ₹2250 and sells it for ₹2490. What is the profit (in ₹)?
- 18.A fan bought for ₹3000 is sold for ₹2400. What is the loss per cent?
- 19.What is the simple interest on ₹5600 at 4% per year for 3 years (in ₹)?
- 20.A sewing machine costs ₹2300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 21.The price of a pair of shoes changed from ₹20 to ₹36. What is the percentage increase?
- 22.What is 5% of 180?
- 23.What is 85% of 260?
- 24.The price of a cricket ball changed from ₹40 to ₹48. What is the percentage increase?
- 25.A shopkeeper buys a mobile phone for ₹2450 and sells it for ₹2210. What is the loss (in ₹)?
- 26.A shopkeeper buys a cricket kit for ₹1750 and sells it for ₹1640. What is the loss (in ₹)?
- 27.A shopkeeper buys a cycle for ₹950 and sells it for ₹920. What is the loss (in ₹)?
- 28.What is 15% of 160?
- 29.A shopkeeper buys a cycle for ₹750 and sells it for ₹760. What is the profit (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹5200 at 4% per year for 1 year (in ₹)?
- 31.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1170. What is the loss (in ₹)?
- 32.What is the simple interest on ₹6700 at 7% per year for 3 years (in ₹)?
- 33.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2560. What is the profit (in ₹)?
- 34.The price of a bus pass changed from ₹100 to ₹130. What is the percentage increase?
- 35.What is 20% of 280?
- 36.What is the simple interest on ₹6700 at 4% per year for 3 years (in ₹)?
- 37.A shopkeeper buys a table for ₹1350 and sells it for ₹1330. What is the loss (in ₹)?
- 38.A shopkeeper buys a table for ₹1500 and sells it for ₹1520. What is the profit (in ₹)?
- 39.A sewing machine costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 40.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
Answer key
- 40
- 12
- 3125
- 216
- 1220
- 230
- 765
- 5
- 5
- 110
- 30
- 4200
- 7076
- 20
- 80
- 504
- 240
- 20
- 672
- 3220
- 80
- 9
- 221
- 20
- 240
- 110
- 30
- 24
- 10
- 5408
- 30
- 1407
- 10
- 30
- 56
- 804
- 20
- 20
- 3375
- 50
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