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 table bought for ₹2900 is sold for ₹3480. What is the profit per cent?
- 2.A shopkeeper buys a fan for ₹1800 and sells it for ₹2080. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹900 at 5% per year for 1 year (in ₹)?
- 4.A shopkeeper buys a cycle for ₹1300 and sells it for ₹1150. What is the loss (in ₹)?
- 5.A fan bought for ₹300 is sold for ₹336. What is the profit per cent?
- 6.A cooler costs ₹2500. It is sold at a 50% loss. What is the selling price (in ₹)?
- 7.What is the simple interest on ₹2500 at 10% per year for 1 year (in ₹)?
- 8.The price of a pair of shoes changed from ₹80 to ₹72. What is the percentage decrease?
- 9.The price of a box of mangoes changed from ₹500 to ₹505. What is the percentage increase?
- 10.A cycle costs ₹600. It is sold at a 25% profit. What is the selling price (in ₹)?
- 11.A cricket kit costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.A shopkeeper buys a fan for ₹2950 and sells it for ₹2660. What is the loss (in ₹)?
- 13.A table bought for ₹1000 is sold for ₹950. What is the loss per cent?
- 14.What is the simple interest on ₹8400 at 5% per year for 1 year (in ₹)?
- 15.A cycle costs ₹1000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 16.The price of a cricket ball changed from ₹80 to ₹140. What is the percentage increase?
- 17.What is 5% of 320?
- 18.What is the simple interest on ₹5600 at 3% per year for 3 years (in ₹)?
- 19.A mobile phone costs ₹2300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 20.A watch costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 21.A shopkeeper buys a fan for ₹2800 and sells it for ₹2660. What is the loss (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹2300 at 4% per year for 4 years (in ₹)?
- 23.A cycle bought for ₹3900 is sold for ₹4680. What is the profit per cent?
- 24.The price of a pair of shoes changed from ₹500 to ₹800. What is the percentage increase?
- 25.The price of a school bag changed from ₹200 to ₹202. What is the percentage increase?
- 26.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2760. What is the profit (in ₹)?
- 27.What is 95% of 680?
- 28.What is the amount (principal + simple interest) on ₹2200 at 4% per year for 3 years (in ₹)?
- 29.A cricket kit bought for ₹2600 is sold for ₹2912. What is the profit per cent?
- 30.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1900. What is the profit (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹2900 at 12% per year for 5 years (in ₹)?
- 32.What is the simple interest on ₹3600 at 7% per year for 5 years (in ₹)?
- 33.A shopkeeper buys a watch for ₹2500 and sells it for ₹2560. What is the profit (in ₹)?
- 34.A mobile phone bought for ₹900 is sold for ₹945. What is the profit per cent?
- 35.A cricket kit costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹3000 at 8% per year for 5 years (in ₹)?
- 37.A shopkeeper buys a cooler for ₹800 and sells it for ₹1050. What is the profit (in ₹)?
- 38.A cooler costs ₹2100. It is sold at a 12% loss. What is the selling price (in ₹)?
- 39.The price of a pair of shoes changed from ₹100 to ₹40. What is the percentage decrease?
- 40.What is the amount (principal + simple interest) on ₹9600 at 9% per year for 1 year (in ₹)?
Answer key
- 20
- 280
- 945
- 150
- 12
- 1250
- 250
- 10
- 1
- 750
- 1760
- 290
- 5
- 420
- 500
- 75
- 16
- 504
- 2185
- 2340
- 140
- 2668
- 20
- 60
- 1
- 60
- 646
- 2464
- 12
- 250
- 4640
- 1260
- 60
- 5
- 480
- 4200
- 250
- 1848
- 60
- 10464
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