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 ₹740. What is the profit (in ₹)?
- 2.A watch bought for ₹700 is sold for ₹980. What is the profit per cent?
- 3.A table bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 4.The price of a bus pass changed from ₹400 to ₹392. What is the percentage decrease?
- 5.A cooler bought for ₹2500 is sold for ₹2200. What is the loss per cent?
- 6.A shopkeeper buys a watch for ₹200 and sells it for ₹180. What is the loss (in ₹)?
- 7.A shopkeeper buys a fan for ₹250 and sells it for ₹390. What is the profit (in ₹)?
- 8.A shopkeeper buys a table for ₹2500 and sells it for ₹2270. What is the loss (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹8300 at 2% per year for 4 years (in ₹)?
- 10.A cycle bought for ₹200 is sold for ₹240. What is the profit per cent?
- 11.What is the simple interest on ₹7400 at 10% per year for 5 years (in ₹)?
- 12.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1680. What is the profit (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹2800 at 10% per year for 2 years (in ₹)?
- 14.What is the simple interest on ₹4800 at 3% per year for 1 year (in ₹)?
- 15.What is 20% of 760?
- 16.The price of a cricket ball changed from ₹20 to ₹22. What is the percentage increase?
- 17.A mobile phone bought for ₹3700 is sold for ₹4255. What is the profit per cent?
- 18.A cricket kit bought for ₹3200 is sold for ₹2560. What is the loss per cent?
- 19.The price of a cricket ball changed from ₹20 to ₹14. What is the percentage decrease?
- 20.A cricket kit bought for ₹400 is sold for ₹460. What is the profit per cent?
- 21.What is 80% of 120?
- 22.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
- 23.A fan bought for ₹3100 is sold for ₹3565. What is the profit per cent?
- 24.What is 45% of 600?
- 25.A shopkeeper buys a cycle for ₹450 and sells it for ₹410. What is the loss (in ₹)?
- 26.What is the simple interest on ₹3900 at 5% per year for 1 year (in ₹)?
- 27.A shopkeeper buys a fan for ₹900 and sells it for ₹1090. What is the profit (in ₹)?
- 28.A table bought for ₹1200 is sold for ₹1140. What is the loss per cent?
- 29.A cycle bought for ₹3000 is sold for ₹3150. What is the profit per cent?
- 30.A shopkeeper buys a cycle for ₹200 and sells it for ₹60. What is the loss (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹6900 at 8% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a cycle for ₹1600 and sells it for ₹1590. What is the loss (in ₹)?
- 33.A cycle bought for ₹2500 is sold for ₹2625. What is the profit per cent?
- 34.What is 35% of 380?
- 35.The price of a water bottle changed from ₹500 to ₹350. What is the percentage decrease?
- 36.A shopkeeper buys a cycle for ₹450 and sells it for ₹200. What is the loss (in ₹)?
- 37.A shopkeeper buys a cycle for ₹1900 and sells it for ₹1920. What is the profit (in ₹)?
- 38.A shopkeeper buys a cycle for ₹800 and sells it for ₹1010. What is the profit (in ₹)?
- 39.A sewing machine costs ₹900. It is sold at a 25% loss. What is the selling price (in ₹)?
- 40.What is 95% of 40?
Answer key
- 40
- 40
- 5
- 2
- 12
- 20
- 140
- 230
- 8964
- 20
- 3700
- 30
- 3360
- 144
- 152
- 10
- 15
- 20
- 30
- 15
- 96
- 90
- 15
- 270
- 40
- 195
- 190
- 5
- 5
- 140
- 8004
- 10
- 5
- 133
- 30
- 250
- 20
- 210
- 675
- 38
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