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 watch for ₹700 and sells it for ₹940. What is the profit (in ₹)?
- 2.What is 95% of 80?
- 3.The price of a water bottle changed from ₹40 to ₹10. What is the percentage decrease?
- 4.What is 85% of 40?
- 5.A fan costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 6.The price of a cricket ball changed from ₹80 to ₹72. What is the percentage decrease?
- 7.A shopkeeper buys a cooler for ₹2050 and sells it for ₹2090. What is the profit (in ₹)?
- 8.A cricket kit bought for ₹3700 is sold for ₹5550. What is the profit per cent?
- 9.What is 80% of 280?
- 10.A shopkeeper buys a table for ₹2800 and sells it for ₹3030. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹5200 at 10% per year for 3 years (in ₹)?
- 12.The price of a water bottle changed from ₹80 to ₹128. What is the percentage increase?
- 13.The price of a box of mangoes changed from ₹100 to ₹99. What is the percentage decrease?
- 14.A shopkeeper buys a watch for ₹1850 and sells it for ₹1600. What is the loss (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹5200 at 7% per year for 3 years (in ₹)?
- 16.What is the simple interest on ₹7600 at 11% per year for 1 year (in ₹)?
- 17.A cycle costs ₹3300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 18.The price of a pair of shoes changed from ₹200 to ₹360. What is the percentage increase?
- 19.What is the amount (principal + simple interest) on ₹600 at 10% per year for 3 years (in ₹)?
- 20.A shopkeeper buys a watch for ₹250 and sells it for ₹160. What is the loss (in ₹)?
- 21.What is the simple interest on ₹1300 at 9% per year for 2 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹8700 at 2% per year for 3 years (in ₹)?
- 23.A shopkeeper buys a table for ₹800 and sells it for ₹1000. What is the profit (in ₹)?
- 24.A cycle bought for ₹400 is sold for ₹320. What is the loss per cent?
- 25.A shopkeeper buys a watch for ₹2450 and sells it for ₹2560. What is the profit (in ₹)?
- 26.What is the simple interest on ₹8700 at 10% per year for 3 years (in ₹)?
- 27.The price of a cricket ball changed from ₹250 to ₹245. What is the percentage decrease?
- 28.What is 95% of 500?
- 29.A table costs ₹2700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 30.A sewing machine costs ₹400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 31.A cycle costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 32.A table costs ₹600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 33.A shopkeeper buys a fan for ₹800 and sells it for ₹1020. What is the profit (in ₹)?
- 34.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2210. What is the profit (in ₹)?
- 35.What is 10% of 280?
- 36.A cooler bought for ₹1800 is sold for ₹2520. What is the profit per cent?
- 37.A shopkeeper buys a fan for ₹1650 and sells it for ₹1580. What is the loss (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 5 years (in ₹)?
- 39.A watch bought for ₹1600 is sold for ₹960. What is the loss per cent?
- 40.What is the amount (principal + simple interest) on ₹2500 at 10% per year for 1 year (in ₹)?
Answer key
- 240
- 76
- 75
- 34
- 3080
- 10
- 40
- 50
- 224
- 230
- 6760
- 60
- 1
- 250
- 6292
- 836
- 2310
- 80
- 780
- 90
- 234
- 9222
- 200
- 20
- 110
- 2610
- 2
- 475
- 3510
- 320
- 1105
- 900
- 220
- 110
- 28
- 40
- 70
- 1210
- 40
- 2750
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