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 ₹1350 and sells it for ₹1430. What is the profit (in ₹)?
- 2.A shopkeeper buys a watch for ₹2500 and sells it for ₹2240. What is the loss (in ₹)?
- 3.The price of a pair of shoes changed from ₹500 to ₹950. What is the percentage increase?
- 4.The price of a cricket ball changed from ₹250 to ₹275. What is the percentage increase?
- 5.The price of a pair of shoes changed from ₹250 to ₹255. What is the percentage increase?
- 6.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2670. What is the profit (in ₹)?
- 7.The price of a bus pass changed from ₹250 to ₹175. What is the percentage decrease?
- 8.What is 90% of 320?
- 9.A watch costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1500 at 8% per year for 5 years (in ₹)?
- 11.The price of a pair of shoes changed from ₹20 to ₹32. What is the percentage increase?
- 12.A sewing machine costs ₹2500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 13.The price of a water bottle changed from ₹100 to ₹160. What is the percentage increase?
- 14.What is the simple interest on ₹6700 at 5% per year for 5 years (in ₹)?
- 15.A cooler costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹6400 at 7% per year for 1 year (in ₹)?
- 17.A shopkeeper buys a fan for ₹950 and sells it for ₹920. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹6000 at 4% per year for 1 year (in ₹)?
- 19.A cycle costs ₹1300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 20.A sewing machine costs ₹1200. It is sold at a 12% profit. What is the selling price (in ₹)?
- 21.The price of a bus pass changed from ₹50 to ₹20. What is the percentage decrease?
- 22.A fan costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 23.What is the simple interest on ₹1100 at 8% per year for 1 year (in ₹)?
- 24.A cooler bought for ₹2100 is sold for ₹1470. What is the loss per cent?
- 25.What is the simple interest on ₹3700 at 11% per year for 4 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹3800 at 12% per year for 2 years (in ₹)?
- 27.A cricket kit bought for ₹3500 is sold for ₹3675. What is the profit per cent?
- 28.What is the simple interest on ₹9900 at 5% per year for 3 years (in ₹)?
- 29.A sewing machine bought for ₹3700 is sold for ₹2220. What is the loss per cent?
- 30.What is the amount (principal + simple interest) on ₹3900 at 9% per year for 4 years (in ₹)?
- 31.A cycle costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 32.What is 35% of 280?
- 33.A cycle bought for ₹1000 is sold for ₹1050. What is the profit per cent?
- 34.A shopkeeper buys a cycle for ₹3000 and sells it for ₹3260. What is the profit (in ₹)?
- 35.A sewing machine bought for ₹800 is sold for ₹704. What is the loss per cent?
- 36.A cycle costs ₹2700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 37.The price of a bus pass changed from ₹20 to ₹38. What is the percentage increase?
- 38.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2440. What is the loss (in ₹)?
- 39.What is 85% of 580?
- 40.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2760. What is the profit (in ₹)?
Answer key
- 80
- 260
- 90
- 10
- 2
- 170
- 30
- 288
- 440
- 2100
- 60
- 2875
- 60
- 1675
- 540
- 6848
- 30
- 6240
- 1820
- 1344
- 60
- 1440
- 88
- 30
- 1628
- 4712
- 5
- 1485
- 40
- 5304
- 200
- 98
- 5
- 260
- 12
- 2025
- 90
- 60
- 493
- 260
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