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 ₹1800 and sells it for ₹2090. What is the profit (in ₹)?
- 2.A cooler costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 3.What is 45% of 200?
- 4.A mobile phone bought for ₹3500 is sold for ₹4550. What is the profit per cent?
- 5.What is 35% of 500?
- 6.What is the simple interest on ₹5200 at 4% per year for 1 year (in ₹)?
- 7.A watch bought for ₹2700 is sold for ₹3240. What is the profit per cent?
- 8.A shopkeeper buys a table for ₹2800 and sells it for ₹2780. What is the loss (in ₹)?
- 9.What is 45% of 700?
- 10.What is 80% of 740?
- 11.What is 75% of 540?
- 12.The price of a school bag changed from ₹40 to ₹42. What is the percentage increase?
- 13.A sewing machine costs ₹4000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 14.A watch bought for ₹1800 is sold for ₹1710. What is the loss per cent?
- 15.A cricket kit bought for ₹1500 is sold for ₹1575. What is the profit per cent?
- 16.What is 5% of 780?
- 17.What is the amount (principal + simple interest) on ₹5300 at 2% per year for 2 years (in ₹)?
- 18.A sewing machine costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹800 at 5% per year for 2 years (in ₹)?
- 20.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2390. What is the profit (in ₹)?
- 21.The price of a pair of shoes changed from ₹100 to ₹160. What is the percentage increase?
- 22.What is the amount (principal + simple interest) on ₹900 at 12% per year for 3 years (in ₹)?
- 23.What is the simple interest on ₹2500 at 11% per year for 3 years (in ₹)?
- 24.What is 65% of 80?
- 25.A cooler bought for ₹3900 is sold for ₹3432. What is the loss per cent?
- 26.The price of a school bag changed from ₹250 to ₹400. What is the percentage increase?
- 27.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
- 28.A shopkeeper buys a watch for ₹800 and sells it for ₹1030. What is the profit (in ₹)?
- 29.A shopkeeper buys a table for ₹2600 and sells it for ₹2710. What is the profit (in ₹)?
- 30.A mobile phone bought for ₹700 is sold for ₹784. What is the profit per cent?
- 31.A cycle costs ₹2000. It is sold at a 5% profit. What is the selling price (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹8200 at 2% per year for 1 year (in ₹)?
- 33.The price of a school bag changed from ₹400 to ₹160. What is the percentage decrease?
- 34.What is the simple interest on ₹1900 at 4% per year for 5 years (in ₹)?
- 35.A watch costs ₹700. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a fan for ₹2350 and sells it for ₹2380. What is the profit (in ₹)?
- 37.What is the simple interest on ₹8100 at 12% per year for 5 years (in ₹)?
- 38.A shopkeeper buys a watch for ₹1500 and sells it for ₹1420. What is the loss (in ₹)?
- 39.What is the simple interest on ₹4000 at 2% per year for 5 years (in ₹)?
- 40.What is the simple interest on ₹9700 at 9% per year for 5 years (in ₹)?
Answer key
- 290
- 2945
- 90
- 30
- 175
- 208
- 20
- 20
- 315
- 592
- 405
- 5
- 4400
- 5
- 5
- 39
- 5512
- 1955
- 880
- 140
- 60
- 1224
- 825
- 52
- 12
- 60
- 40
- 230
- 110
- 12
- 2100
- 8364
- 60
- 380
- 784
- 30
- 4860
- 80
- 400
- 4365
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