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 ₹300 and sells it for ₹520. What is the profit (in ₹)?
- 2.What is 85% of 440?
- 3.A shopkeeper buys a cooler for ₹2300 and sells it for ₹2470. What is the profit (in ₹)?
- 4.The price of a cricket ball changed from ₹25 to ₹40. What is the percentage increase?
- 5.The price of a pair of shoes changed from ₹40 to ₹10. What is the percentage decrease?
- 6.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
- 7.What is the simple interest on ₹9200 at 2% per year for 5 years (in ₹)?
- 8.A fan bought for ₹2600 is sold for ₹2288. What is the loss per cent?
- 9.What is 60% of 680?
- 10.What is the amount (principal + simple interest) on ₹8500 at 12% per year for 4 years (in ₹)?
- 11.A fan costs ₹3900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹9500 at 3% per year for 2 years (in ₹)?
- 13.A shopkeeper buys a fan for ₹1550 and sells it for ₹1670. What is the profit (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹7800 at 3% per year for 4 years (in ₹)?
- 15.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1270. What is the loss (in ₹)?
- 16.What is 45% of 600?
- 17.What is 90% of 180?
- 18.A watch costs ₹3400. It is sold at a 5% loss. What is the selling price (in ₹)?
- 19.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1130. What is the loss (in ₹)?
- 20.A shopkeeper buys a cooler for ₹900 and sells it for ₹1200. What is the profit (in ₹)?
- 21.The price of a water bottle changed from ₹80 to ₹56. What is the percentage decrease?
- 22.What is 45% of 620?
- 23.A table costs ₹2500. It is sold at a 25% profit. What is the selling price (in ₹)?
- 24.What is the simple interest on ₹5200 at 7% per year for 1 year (in ₹)?
- 25.A shopkeeper buys a fan for ₹2650 and sells it for ₹2600. What is the loss (in ₹)?
- 26.The price of a box of mangoes changed from ₹200 to ₹80. What is the percentage decrease?
- 27.A shopkeeper buys a table for ₹2000 and sells it for ₹1760. What is the loss (in ₹)?
- 28.A table bought for ₹2100 is sold for ₹2625. What is the profit per cent?
- 29.The price of a water bottle changed from ₹100 to ₹160. What is the percentage increase?
- 30.A sewing machine costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 31.What is 65% of 1000?
- 32.A watch bought for ₹800 is sold for ₹400. What is the loss per cent?
- 33.The price of a water bottle changed from ₹25 to ₹30. What is the percentage increase?
- 34.What is 20% of 840?
- 35.What is the simple interest on ₹1400 at 6% per year for 5 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3100 at 6% per year for 1 year (in ₹)?
- 37.The price of a pair of shoes changed from ₹250 to ₹400. What is the percentage increase?
- 38.A cycle costs ₹2400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 39.A cycle costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 40.What is 80% of 560?
Answer key
- 220
- 374
- 170
- 60
- 75
- 25
- 920
- 12
- 408
- 12580
- 3120
- 10070
- 120
- 8736
- 80
- 270
- 162
- 3230
- 120
- 300
- 30
- 279
- 3125
- 364
- 50
- 60
- 240
- 25
- 60
- 225
- 650
- 50
- 20
- 168
- 420
- 3286
- 60
- 2160
- 1080
- 448
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