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 table for ₹2400 and sells it for ₹2590. What is the profit (in ₹)?
- 2.A sewing machine bought for ₹2600 is sold for ₹3120. What is the profit per cent?
- 3.What is the amount (principal + simple interest) on ₹9200 at 7% per year for 4 years (in ₹)?
- 4.The price of a cricket ball changed from ₹500 to ₹200. What is the percentage decrease?
- 5.A fan bought for ₹3600 is sold for ₹4680. What is the profit per cent?
- 6.A cycle costs ₹3200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹500 at 3% per year for 1 year (in ₹)?
- 8.A watch costs ₹2400. It is sold at a 15% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹7900 at 7% per year for 3 years (in ₹)?
- 10.A table costs ₹1500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 11.A mobile phone costs ₹3500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.A shopkeeper buys a cooler for ₹2800 and sells it for ₹2830. What is the profit (in ₹)?
- 13.A fan costs ₹300. It is sold at a 50% loss. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹8200 at 3% per year for 3 years (in ₹)?
- 15.What is the simple interest on ₹6600 at 3% per year for 1 year (in ₹)?
- 16.What is 65% of 520?
- 17.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 4 years (in ₹)?
- 18.The price of a bus pass changed from ₹100 to ₹110. What is the percentage increase?
- 19.What is the amount (principal + simple interest) on ₹7900 at 3% per year for 4 years (in ₹)?
- 20.A sewing machine costs ₹3600. It is sold at a 20% profit. What is the selling price (in ₹)?
- 21.A cricket kit bought for ₹2800 is sold for ₹4200. What is the profit per cent?
- 22.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 2 years (in ₹)?
- 23.The price of a pair of shoes changed from ₹200 to ₹260. What is the percentage increase?
- 24.What is the amount (principal + simple interest) on ₹7600 at 10% per year for 3 years (in ₹)?
- 25.A table costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 26.A shopkeeper buys a cooler for ₹200 and sells it for ₹120. What is the loss (in ₹)?
- 27.The price of a box of mangoes changed from ₹400 to ₹392. What is the percentage decrease?
- 28.What is 95% of 780?
- 29.A shopkeeper buys a sewing machine for ₹1500 and sells it for ₹1530. What is the profit (in ₹)?
- 30.What is 60% of 100?
- 31.A fan costs ₹1700. It is sold at a 30% loss. What is the selling price (in ₹)?
- 32.A shopkeeper buys a sewing machine for ₹1150 and sells it for ₹1300. What is the profit (in ₹)?
- 33.A fan costs ₹1900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 34.A shopkeeper buys a sewing machine for ₹600 and sells it for ₹580. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹4200 at 4% per year for 5 years (in ₹)?
- 36.What is 35% of 880?
- 37.The price of a bus pass changed from ₹40 to ₹8. What is the percentage decrease?
- 38.A mobile phone costs ₹1000. It is sold at a 30% profit. What is the selling price (in ₹)?
- 39.What is the simple interest on ₹9800 at 2% per year for 4 years (in ₹)?
- 40.The price of a water bottle changed from ₹500 to ₹900. What is the percentage increase?
Answer key
- 190
- 20
- 11776
- 60
- 30
- 4800
- 515
- 2040
- 9559
- 1800
- 2800
- 30
- 150
- 738
- 198
- 338
- 8512
- 10
- 8848
- 4320
- 50
- 2376
- 30
- 9880
- 1056
- 80
- 2
- 741
- 30
- 60
- 1190
- 150
- 1330
- 20
- 5040
- 308
- 80
- 1300
- 784
- 80
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