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 watch costs ₹2600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 2.A shopkeeper buys a cycle for ₹1000 and sells it for ₹790. What is the loss (in ₹)?
- 3.What is 55% of 760?
- 4.What is the simple interest on ₹8800 at 2% per year for 2 years (in ₹)?
- 5.What is 35% of 60?
- 6.A fan costs ₹700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 7.What is 40% of 600?
- 8.What is the simple interest on ₹1000 at 7% per year for 1 year (in ₹)?
- 9.A shopkeeper buys a fan for ₹250 and sells it for ₹270. What is the profit (in ₹)?
- 10.What is 55% of 180?
- 11.A watch costs ₹900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 12.The price of a water bottle changed from ₹200 to ₹180. What is the percentage decrease?
- 13.A shopkeeper buys a fan for ₹250 and sells it for ₹310. What is the profit (in ₹)?
- 14.What is 15% of 880?
- 15.What is the simple interest on ₹5000 at 5% per year for 1 year (in ₹)?
- 16.A sewing machine bought for ₹2900 is sold for ₹3625. What is the profit per cent?
- 17.What is 65% of 640?
- 18.A shopkeeper buys a sewing machine for ₹2200 and sells it for ₹2240. What is the profit (in ₹)?
- 19.What is 30% of 300?
- 20.A shopkeeper buys a watch for ₹3000 and sells it for ₹3290. What is the profit (in ₹)?
- 21.A mobile phone bought for ₹1900 is sold for ₹1520. What is the loss per cent?
- 22.What is the simple interest on ₹800 at 2% per year for 1 year (in ₹)?
- 23.The price of a bus pass changed from ₹250 to ₹200. What is the percentage decrease?
- 24.The price of a water bottle changed from ₹100 to ₹70. What is the percentage decrease?
- 25.The price of a cricket ball changed from ₹250 to ₹255. What is the percentage increase?
- 26.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1450. What is the loss (in ₹)?
- 27.A shopkeeper buys a sewing machine for ₹350 and sells it for ₹170. What is the loss (in ₹)?
- 28.What is 15% of 100?
- 29.The price of a bus pass changed from ₹400 to ₹420. What is the percentage increase?
- 30.The price of a pair of shoes changed from ₹400 to ₹480. What is the percentage increase?
- 31.A shopkeeper buys a cycle for ₹1000 and sells it for ₹1080. What is the profit (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹1800 at 12% per year for 2 years (in ₹)?
- 33.A table costs ₹1400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 34.A cricket kit bought for ₹1900 is sold for ₹1520. What is the loss per cent?
- 35.What is the simple interest on ₹5800 at 3% per year for 5 years (in ₹)?
- 36.A fan costs ₹2100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹5300 at 6% per year for 3 years (in ₹)?
- 38.A cycle costs ₹3200. It is sold at a 25% loss. What is the selling price (in ₹)?
- 39.A sewing machine bought for ₹1200 is sold for ₹1056. What is the loss per cent?
- 40.What is 30% of 960?
Answer key
- 2730
- 210
- 418
- 352
- 21
- 875
- 240
- 70
- 20
- 99
- 792
- 10
- 60
- 132
- 250
- 25
- 416
- 40
- 90
- 290
- 20
- 16
- 20
- 30
- 2
- 200
- 180
- 15
- 5
- 20
- 80
- 2232
- 2100
- 20
- 870
- 2520
- 6254
- 2400
- 12
- 288
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