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 ₹950 and sells it for ₹920. What is the loss (in ₹)?
- 2.What is 70% of 960?
- 3.The price of a pair of shoes changed from ₹400 to ₹240. What is the percentage decrease?
- 4.What is 10% of 380?
- 5.A fan costs ₹2100. It is sold at a 50% loss. What is the selling price (in ₹)?
- 6.What is 95% of 320?
- 7.A shopkeeper buys a cricket kit for ₹3000 and sells it for ₹2910. What is the loss (in ₹)?
- 8.A shopkeeper buys a table for ₹1550 and sells it for ₹1350. What is the loss (in ₹)?
- 9.What is 95% of 200?
- 10.What is the amount (principal + simple interest) on ₹5400 at 12% per year for 2 years (in ₹)?
- 11.What is the simple interest on ₹2600 at 7% per year for 5 years (in ₹)?
- 12.What is the simple interest on ₹6400 at 3% per year for 4 years (in ₹)?
- 13.A cricket kit costs ₹1000. It is sold at a 50% loss. What is the selling price (in ₹)?
- 14.What is 95% of 360?
- 15.A shopkeeper buys a table for ₹2500 and sells it for ₹2350. What is the loss (in ₹)?
- 16.What is the simple interest on ₹1900 at 2% per year for 1 year (in ₹)?
- 17.The price of a water bottle changed from ₹250 to ₹475. What is the percentage increase?
- 18.What is the amount (principal + simple interest) on ₹3200 at 10% per year for 1 year (in ₹)?
- 19.What is the simple interest on ₹4900 at 5% per year for 3 years (in ₹)?
- 20.A shopkeeper buys a mobile phone for ₹2500 and sells it for ₹2490. What is the loss (in ₹)?
- 21.A shopkeeper buys a mobile phone for ₹1800 and sells it for ₹2100. What is the profit (in ₹)?
- 22.A shopkeeper buys a mobile phone for ₹2350 and sells it for ₹2390. What is the profit (in ₹)?
- 23.A shopkeeper buys a table for ₹2300 and sells it for ₹2000. What is the loss (in ₹)?
- 24.The price of a school bag changed from ₹400 to ₹408. What is the percentage increase?
- 25.A cycle bought for ₹3300 is sold for ₹3630. What is the profit per cent?
- 26.A cycle bought for ₹2700 is sold for ₹1620. What is the loss per cent?
- 27.What is 85% of 480?
- 28.A sewing machine bought for ₹1700 is sold for ₹1190. What is the loss per cent?
- 29.A sewing machine costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹2500 at 5% per year for 5 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹4500 at 3% per year for 1 year (in ₹)?
- 32.What is 20% of 80?
- 33.A mobile phone bought for ₹3300 is sold for ₹3696. What is the profit per cent?
- 34.The price of a school bag changed from ₹50 to ₹55. What is the percentage increase?
- 35.A table costs ₹3900. It is sold at a 12% loss. What is the selling price (in ₹)?
- 36.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2630. What is the loss (in ₹)?
- 37.A fan bought for ₹1700 is sold for ₹1904. What is the profit per cent?
- 38.A shopkeeper buys a cycle for ₹1800 and sells it for ₹1970. What is the profit (in ₹)?
- 39.What is the simple interest on ₹4700 at 9% per year for 2 years (in ₹)?
- 40.A cooler costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 30
- 672
- 40
- 38
- 1050
- 304
- 90
- 200
- 190
- 6696
- 910
- 768
- 500
- 342
- 150
- 38
- 90
- 3520
- 735
- 10
- 300
- 40
- 300
- 2
- 10
- 40
- 408
- 30
- 2970
- 3125
- 4635
- 16
- 12
- 10
- 3432
- 220
- 12
- 170
- 846
- 1232
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