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 sewing machine for ₹350 and sells it for ₹560. What is the profit (in ₹)?
- 2.The price of a school bag changed from ₹200 to ₹300. What is the percentage increase?
- 3.The price of a box of mangoes changed from ₹20 to ₹19. What is the percentage decrease?
- 4.A watch bought for ₹2500 is sold for ₹3125. What is the profit per cent?
- 5.A watch bought for ₹3300 is sold for ₹4950. What is the profit per cent?
- 6.What is the amount (principal + simple interest) on ₹8500 at 3% per year for 1 year (in ₹)?
- 7.What is the simple interest on ₹4900 at 12% per year for 4 years (in ₹)?
- 8.A sewing machine costs ₹3100. It is sold at a 25% loss. What is the selling price (in ₹)?
- 9.A cycle costs ₹300. It is sold at a 30% loss. What is the selling price (in ₹)?
- 10.What is 75% of 360?
- 11.A mobile phone costs ₹300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 12.A fan bought for ₹400 is sold for ₹480. What is the profit per cent?
- 13.The price of a bus pass changed from ₹500 to ₹475. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹9300 at 2% per year for 4 years (in ₹)?
- 15.A shopkeeper buys a watch for ₹2850 and sells it for ₹2800. What is the loss (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹800 at 5% per year for 4 years (in ₹)?
- 17.A sewing machine bought for ₹3300 is sold for ₹4620. What is the profit per cent?
- 18.A fan bought for ₹900 is sold for ₹1260. What is the profit per cent?
- 19.A shopkeeper buys a cricket kit for ₹750 and sells it for ₹460. What is the loss (in ₹)?
- 20.A fan bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 21.A watch costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 22.What is 60% of 220?
- 23.A sewing machine costs ₹2900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹500 at 4% per year for 5 years (in ₹)?
- 25.What is the simple interest on ₹7800 at 6% per year for 5 years (in ₹)?
- 26.A watch costs ₹2400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 27.The price of a school bag changed from ₹80 to ₹96. What is the percentage increase?
- 28.A shopkeeper buys a watch for ₹700 and sells it for ₹760. What is the profit (in ₹)?
- 29.What is the simple interest on ₹2800 at 2% per year for 5 years (in ₹)?
- 30.What is 30% of 80?
- 31.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
- 32.What is the simple interest on ₹700 at 12% per year for 1 year (in ₹)?
- 33.The price of a water bottle changed from ₹40 to ₹52. What is the percentage increase?
- 34.A cycle bought for ₹600 is sold for ₹630. What is the profit per cent?
- 35.A mobile phone costs ₹1100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 36.What is 95% of 700?
- 37.A mobile phone bought for ₹2200 is sold for ₹1980. What is the loss per cent?
- 38.What is 75% of 560?
- 39.A mobile phone bought for ₹2700 is sold for ₹2565. What is the loss per cent?
- 40.A fan costs ₹2000. It is sold at a 50% loss. What is the selling price (in ₹)?
Answer key
- 210
- 50
- 5
- 25
- 50
- 8755
- 2352
- 2325
- 210
- 270
- 285
- 20
- 5
- 10044
- 50
- 960
- 40
- 40
- 290
- 5
- 2352
- 132
- 2030
- 100
- 2340
- 2280
- 20
- 60
- 280
- 24
- 80
- 84
- 30
- 5
- 1375
- 665
- 10
- 420
- 5
- 1000
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