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 ₹1500 and sells it for ₹1480. What is the loss (in ₹)?
- 2.A cooler costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 3.What is the simple interest on ₹6700 at 12% per year for 5 years (in ₹)?
- 4.What is 90% of 580?
- 5.What is 25% of 760?
- 6.A cricket kit bought for ₹2600 is sold for ₹1820. What is the loss per cent?
- 7.What is 25% of 40?
- 8.What is 15% of 160?
- 9.What is the amount (principal + simple interest) on ₹4400 at 12% per year for 2 years (in ₹)?
- 10.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1410. What is the loss (in ₹)?
- 11.The price of a cricket ball changed from ₹400 to ₹640. What is the percentage increase?
- 12.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1580. What is the profit (in ₹)?
- 13.A table bought for ₹600 is sold for ₹300. What is the loss per cent?
- 14.A sewing machine costs ₹700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹3700 at 6% per year for 4 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹6400 at 3% per year for 3 years (in ₹)?
- 17.A cooler costs ₹3600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 18.The price of a pair of shoes changed from ₹400 to ₹480. What is the percentage increase?
- 19.What is 10% of 180?
- 20.What is the simple interest on ₹9100 at 4% per year for 4 years (in ₹)?
- 21.What is 10% of 620?
- 22.What is the simple interest on ₹500 at 5% per year for 1 year (in ₹)?
- 23.What is 55% of 540?
- 24.What is the simple interest on ₹4900 at 11% per year for 4 years (in ₹)?
- 25.What is the simple interest on ₹1900 at 7% per year for 2 years (in ₹)?
- 26.A shopkeeper buys a fan for ₹2200 and sells it for ₹2170. What is the loss (in ₹)?
- 27.What is the simple interest on ₹4000 at 6% per year for 5 years (in ₹)?
- 28.A cycle bought for ₹1000 is sold for ₹1400. What is the profit per cent?
- 29.A cycle costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 30.The price of a school bag changed from ₹400 to ₹600. What is the percentage increase?
- 31.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 1 year (in ₹)?
- 32.A shopkeeper buys a fan for ₹900 and sells it for ₹920. What is the profit (in ₹)?
- 33.The price of a pair of shoes changed from ₹20 to ₹35. What is the percentage increase?
- 34.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
- 35.A table costs ₹3800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 36.The price of a water bottle changed from ₹80 to ₹16. What is the percentage decrease?
- 37.What is the simple interest on ₹1700 at 8% per year for 5 years (in ₹)?
- 38.A table bought for ₹1100 is sold for ₹1650. What is the profit per cent?
- 39.What is the amount (principal + simple interest) on ₹6600 at 5% per year for 1 year (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹1300 at 5% per year for 2 years (in ₹)?
Answer key
- 20
- 1200
- 4020
- 522
- 190
- 30
- 10
- 24
- 5456
- 290
- 60
- 230
- 50
- 805
- 4588
- 6976
- 2160
- 20
- 18
- 1456
- 62
- 25
- 297
- 2156
- 266
- 30
- 1200
- 40
- 225
- 50
- 2052
- 20
- 75
- 20
- 2850
- 80
- 680
- 50
- 6930
- 1430
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