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.What is 25% of 700?
- 2.A shopkeeper buys a cycle for ₹1400 and sells it for ₹1580. What is the profit (in ₹)?
- 3.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹330. What is the profit (in ₹)?
- 4.A shopkeeper buys a watch for ₹600 and sells it for ₹390. What is the loss (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹2800 at 10% per year for 1 year (in ₹)?
- 6.A cycle bought for ₹2300 is sold for ₹2415. What is the profit per cent?
- 7.A shopkeeper buys a cricket kit for ₹400 and sells it for ₹260. What is the loss (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1920. What is the profit (in ₹)?
- 9.A cycle costs ₹3400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹8600 at 8% per year for 5 years (in ₹)?
- 11.What is 5% of 180?
- 12.A cooler costs ₹800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 13.What is 75% of 120?
- 14.What is the amount (principal + simple interest) on ₹3000 at 5% per year for 4 years (in ₹)?
- 15.What is the simple interest on ₹500 at 5% per year for 5 years (in ₹)?
- 16.A cricket kit bought for ₹800 is sold for ₹960. What is the profit per cent?
- 17.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1420. What is the profit (in ₹)?
- 18.A sewing machine costs ₹2800. It is sold at a 40% profit. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹6500 at 4% per year for 2 years (in ₹)?
- 20.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
- 21.A shopkeeper buys a table for ₹2300 and sells it for ₹2120. What is the loss (in ₹)?
- 22.A table costs ₹3500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 23.What is 20% of 440?
- 24.The price of a water bottle changed from ₹80 to ₹144. What is the percentage increase?
- 25.A cooler bought for ₹2200 is sold for ₹2090. What is the loss per cent?
- 26.What is 65% of 260?
- 27.What is the simple interest on ₹1800 at 4% per year for 2 years (in ₹)?
- 28.A sewing machine costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹5500 at 4% per year for 2 years (in ₹)?
- 30.A cooler costs ₹300. It is sold at a 40% profit. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹4000 at 2% per year for 2 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹7200 at 5% per year for 2 years (in ₹)?
- 33.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹720. What is the profit (in ₹)?
- 34.What is 80% of 700?
- 35.What is 80% of 760?
- 36.What is the simple interest on ₹8200 at 9% per year for 2 years (in ₹)?
- 37.A watch costs ₹1600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹1800 at 4% per year for 1 year (in ₹)?
- 39.What is 45% of 920?
- 40.A fan bought for ₹3600 is sold for ₹3060. What is the loss per cent?
Answer key
- 175
- 180
- 130
- 210
- 3080
- 5
- 140
- 20
- 3808
- 12040
- 9
- 1000
- 90
- 3600
- 125
- 20
- 120
- 3920
- 7020
- 30
- 180
- 2975
- 88
- 80
- 5
- 169
- 144
- 220
- 5940
- 420
- 160
- 7920
- 270
- 560
- 608
- 1476
- 1200
- 72
- 414
- 15
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