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 cooler costs ₹700. It is sold at a 20% profit. What is the selling price (in ₹)?
- 2.The price of a cricket ball changed from ₹500 to ₹600. What is the percentage increase?
- 3.A shopkeeper buys a watch for ₹700 and sells it for ₹400. What is the loss (in ₹)?
- 4.A cricket kit bought for ₹1400 is sold for ₹1120. What is the loss per cent?
- 5.The price of a school bag changed from ₹100 to ₹120. What is the percentage increase?
- 6.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1570. What is the profit (in ₹)?
- 7.A cricket kit costs ₹1400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹2700 at 5% per year for 4 years (in ₹)?
- 9.The price of a school bag changed from ₹25 to ₹35. What is the percentage increase?
- 10.A fan bought for ₹3400 is sold for ₹3570. What is the profit per cent?
- 11.A fan bought for ₹2000 is sold for ₹2200. What is the profit per cent?
- 12.A shopkeeper buys a fan for ₹2600 and sells it for ₹2770. What is the profit (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹8400 at 4% per year for 3 years (in ₹)?
- 14.The price of a water bottle changed from ₹400 to ₹480. What is the percentage increase?
- 15.What is 90% of 520?
- 16.What is the simple interest on ₹2300 at 4% per year for 1 year (in ₹)?
- 17.What is 35% of 40?
- 18.What is the simple interest on ₹6700 at 11% per year for 5 years (in ₹)?
- 19.A fan costs ₹400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹4600 at 8% per year for 2 years (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2190. What is the profit (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹900 at 12% per year for 3 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 5 years (in ₹)?
- 24.A shopkeeper buys a cycle for ₹200 and sells it for ₹210. What is the profit (in ₹)?
- 25.What is the simple interest on ₹4200 at 4% per year for 5 years (in ₹)?
- 26.The price of a cricket ball changed from ₹40 to ₹20. What is the percentage decrease?
- 27.A cycle bought for ₹900 is sold for ₹1080. What is the profit per cent?
- 28.What is the amount (principal + simple interest) on ₹6700 at 2% per year for 2 years (in ₹)?
- 29.What is 45% of 380?
- 30.The price of a pair of shoes changed from ₹20 to ₹32. What is the percentage increase?
- 31.The price of a pair of shoes changed from ₹20 to ₹14. What is the percentage decrease?
- 32.A cricket kit bought for ₹2000 is sold for ₹3000. What is the profit per cent?
- 33.What is 5% of 260?
- 34.A watch bought for ₹4000 is sold for ₹3400. What is the loss per cent?
- 35.A watch costs ₹1400. It is sold at a 25% loss. What is the selling price (in ₹)?
- 36.What is the simple interest on ₹9200 at 10% per year for 3 years (in ₹)?
- 37.What is 75% of 620?
- 38.The price of a pair of shoes changed from ₹400 to ₹280. What is the percentage decrease?
- 39.What is 20% of 480?
- 40.What is 60% of 880?
Answer key
- 840
- 20
- 300
- 20
- 20
- 70
- 1568
- 540
- 40
- 5
- 10
- 170
- 9408
- 20
- 468
- 92
- 14
- 3685
- 380
- 5336
- 140
- 1224
- 8640
- 10
- 840
- 50
- 20
- 6968
- 171
- 60
- 30
- 50
- 13
- 15
- 1050
- 2760
- 465
- 30
- 96
- 528
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