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 cooler for ₹2000 and sells it for ₹2100. What is the profit (in ₹)?
- 2.The price of a cricket ball changed from ₹250 to ₹325. What is the percentage increase?
- 3.The price of a bus pass changed from ₹20 to ₹2. What is the percentage decrease?
- 4.What is 10% of 40?
- 5.A cycle bought for ₹700 is sold for ₹784. What is the profit per cent?
- 6.What is the simple interest on ₹6300 at 9% per year for 4 years (in ₹)?
- 7.A table costs ₹3200. It is sold at a 30% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹9900 at 8% per year for 1 year (in ₹)?
- 9.A shopkeeper buys a watch for ₹650 and sells it for ₹860. What is the profit (in ₹)?
- 10.A shopkeeper buys a cycle for ₹2800 and sells it for ₹2830. What is the profit (in ₹)?
- 11.What is 85% of 160?
- 12.What is 5% of 660?
- 13.A cricket kit bought for ₹1400 is sold for ₹2100. What is the profit per cent?
- 14.What is the simple interest on ₹5700 at 12% per year for 5 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 4 years (in ₹)?
- 16.A cycle bought for ₹3200 is sold for ₹3584. What is the profit per cent?
- 17.A shopkeeper buys a watch for ₹2500 and sells it for ₹2650. What is the profit (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹9900 at 8% per year for 5 years (in ₹)?
- 19.A table bought for ₹3100 is sold for ₹3875. What is the profit per cent?
- 20.What is the simple interest on ₹2800 at 9% per year for 1 year (in ₹)?
- 21.A table bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 22.What is the amount (principal + simple interest) on ₹7300 at 2% per year for 4 years (in ₹)?
- 23.What is the simple interest on ₹1200 at 10% per year for 3 years (in ₹)?
- 24.A shopkeeper buys a cycle for ₹800 and sells it for ₹970. What is the profit (in ₹)?
- 25.What is the simple interest on ₹3700 at 3% per year for 3 years (in ₹)?
- 26.What is the simple interest on ₹4200 at 5% per year for 2 years (in ₹)?
- 27.The price of a bus pass changed from ₹400 to ₹240. What is the percentage decrease?
- 28.A cricket kit bought for ₹700 is sold for ₹840. What is the profit per cent?
- 29.A shopkeeper buys a cooler for ₹2750 and sells it for ₹2930. What is the profit (in ₹)?
- 30.A sewing machine bought for ₹2400 is sold for ₹1680. What is the loss per cent?
- 31.What is the simple interest on ₹3100 at 12% per year for 1 year (in ₹)?
- 32.A shopkeeper buys a table for ₹1400 and sells it for ₹1270. What is the loss (in ₹)?
- 33.The price of a water bottle changed from ₹20 to ₹14. What is the percentage decrease?
- 34.A cooler bought for ₹900 is sold for ₹945. What is the profit per cent?
- 35.What is the simple interest on ₹8100 at 9% per year for 3 years (in ₹)?
- 36.A fan costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹3100 at 4% per year for 1 year (in ₹)?
- 38.A table costs ₹2600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 39.What is the simple interest on ₹600 at 4% per year for 3 years (in ₹)?
- 40.What is the simple interest on ₹1000 at 8% per year for 3 years (in ₹)?
Answer key
- 100
- 30
- 90
- 4
- 12
- 2268
- 2240
- 792
- 210
- 30
- 136
- 33
- 50
- 3420
- 7040
- 12
- 150
- 13860
- 25
- 252
- 10
- 7884
- 360
- 170
- 333
- 420
- 40
- 20
- 180
- 30
- 372
- 130
- 30
- 5
- 2187
- 2860
- 3224
- 1300
- 72
- 240
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