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 ₹490. What is the loss (in ₹)?
- 2.A mobile phone costs ₹300. It is sold at a 20% profit. What is the selling price (in ₹)?
- 3.A mobile phone costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹7400 at 10% per year for 4 years (in ₹)?
- 5.What is the simple interest on ₹4100 at 4% per year for 5 years (in ₹)?
- 6.A cricket kit costs ₹3700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 7.A shopkeeper buys a cycle for ₹500 and sells it for ₹540. What is the profit (in ₹)?
- 8.A fan bought for ₹3000 is sold for ₹2700. What is the loss per cent?
- 9.A shopkeeper buys a fan for ₹2250 and sells it for ₹2450. What is the profit (in ₹)?
- 10.The price of a cricket ball changed from ₹40 to ₹4. What is the percentage decrease?
- 11.A cooler costs ₹3100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 12.A fan bought for ₹2400 is sold for ₹2520. What is the profit per cent?
- 13.A cricket kit bought for ₹1900 is sold for ₹2128. What is the profit per cent?
- 14.A shopkeeper buys a sewing machine for ₹1850 and sells it for ₹1860. What is the profit (in ₹)?
- 15.A cycle costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 16.A table bought for ₹3800 is sold for ₹3040. What is the loss per cent?
- 17.A sewing machine costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 18.What is the simple interest on ₹5700 at 9% per year for 4 years (in ₹)?
- 19.A table costs ₹3300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 20.What is 40% of 940?
- 21.A cycle bought for ₹3700 is sold for ₹2590. What is the loss per cent?
- 22.What is the simple interest on ₹6300 at 4% per year for 3 years (in ₹)?
- 23.A shopkeeper buys a mobile phone for ₹800 and sells it for ₹750. What is the loss (in ₹)?
- 24.What is the simple interest on ₹1000 at 2% per year for 3 years (in ₹)?
- 25.A cooler bought for ₹400 is sold for ₹460. What is the profit per cent?
- 26.What is the simple interest on ₹9000 at 10% per year for 3 years (in ₹)?
- 27.What is 85% of 380?
- 28.A table costs ₹900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 1 year (in ₹)?
- 30.A watch costs ₹1500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 31.A fan bought for ₹700 is sold for ₹1050. What is the profit per cent?
- 32.What is 55% of 440?
- 33.A table costs ₹3400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 34.A shopkeeper buys a cooler for ₹2200 and sells it for ₹2150. What is the loss (in ₹)?
- 35.A shopkeeper buys a watch for ₹1950 and sells it for ₹2070. What is the profit (in ₹)?
- 36.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2430. What is the loss (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4800 at 8% per year for 1 year (in ₹)?
- 38.A cycle costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 39.A sewing machine costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 40.What is 70% of 140?
Answer key
- 210
- 360
- 440
- 10360
- 820
- 3256
- 40
- 10
- 200
- 90
- 3875
- 5
- 12
- 10
- 2040
- 20
- 900
- 2052
- 1650
- 376
- 30
- 756
- 50
- 60
- 15
- 2700
- 323
- 1080
- 2775
- 1575
- 50
- 242
- 2040
- 50
- 120
- 120
- 5184
- 210
- 300
- 98
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