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 cricket kit for ₹650 and sells it for ₹480. What is the loss (in ₹)?
- 2.A watch bought for ₹3300 is sold for ₹3630. What is the profit per cent?
- 3.What is 75% of 300?
- 4.A shopkeeper buys a watch for ₹2400 and sells it for ₹2170. What is the loss (in ₹)?
- 5.A shopkeeper buys a cooler for ₹750 and sells it for ₹770. What is the profit (in ₹)?
- 6.A shopkeeper buys a table for ₹1650 and sells it for ₹1460. What is the loss (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹1250 and sells it for ₹1130. What is the loss (in ₹)?
- 8.What is the simple interest on ₹500 at 12% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹180. What is the loss (in ₹)?
- 10.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1260. What is the loss (in ₹)?
- 11.A shopkeeper buys a sewing machine for ₹1450 and sells it for ₹1320. What is the loss (in ₹)?
- 12.What is 25% of 400?
- 13.What is 35% of 160?
- 14.A cooler bought for ₹200 is sold for ₹220. What is the profit per cent?
- 15.What is the simple interest on ₹8800 at 3% per year for 5 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹5200 at 6% per year for 5 years (in ₹)?
- 17.A cycle bought for ₹1500 is sold for ₹1350. What is the loss per cent?
- 18.What is the simple interest on ₹3700 at 11% per year for 3 years (in ₹)?
- 19.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2320. What is the loss (in ₹)?
- 20.A table costs ₹2000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 21.A shopkeeper buys a fan for ₹1550 and sells it for ₹1630. What is the profit (in ₹)?
- 22.The price of a bus pass changed from ₹400 to ₹380. What is the percentage decrease?
- 23.What is the amount (principal + simple interest) on ₹8700 at 3% per year for 4 years (in ₹)?
- 24.What is 25% of 560?
- 25.What is the simple interest on ₹9700 at 8% per year for 1 year (in ₹)?
- 26.The price of a bus pass changed from ₹50 to ₹5. What is the percentage decrease?
- 27.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2310. What is the loss (in ₹)?
- 28.What is the amount (principal + simple interest) on ₹8700 at 9% per year for 2 years (in ₹)?
- 29.What is 15% of 260?
- 30.What is the simple interest on ₹6000 at 7% per year for 1 year (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹2100 at 5% per year for 2 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹9800 at 9% per year for 4 years (in ₹)?
- 33.What is 75% of 320?
- 34.A cooler bought for ₹1000 is sold for ₹1120. What is the profit per cent?
- 35.What is the amount (principal + simple interest) on ₹3300 at 11% per year for 1 year (in ₹)?
- 36.What is the simple interest on ₹1700 at 6% per year for 2 years (in ₹)?
- 37.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2620. What is the profit (in ₹)?
- 38.A table bought for ₹400 is sold for ₹360. What is the loss per cent?
- 39.What is the simple interest on ₹3500 at 3% per year for 4 years (in ₹)?
- 40.What is 25% of 180?
Answer key
- 170
- 10
- 225
- 230
- 20
- 190
- 120
- 180
- 20
- 190
- 130
- 100
- 56
- 10
- 1320
- 6760
- 10
- 1221
- 180
- 2240
- 80
- 5
- 9744
- 140
- 776
- 90
- 140
- 10266
- 39
- 420
- 2310
- 13328
- 240
- 12
- 3663
- 204
- 20
- 10
- 420
- 45
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