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 sewing machine bought for ₹2300 is sold for ₹1380. What is the loss per cent?
- 2.The price of a water bottle changed from ₹250 to ₹25. What is the percentage decrease?
- 3.A shopkeeper buys a cycle for ₹950 and sells it for ₹1160. What is the profit (in ₹)?
- 4.A watch costs ₹1900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 5.What is 60% of 940?
- 6.A shopkeeper buys a fan for ₹2850 and sells it for ₹2980. What is the profit (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹8200 at 12% per year for 1 year (in ₹)?
- 8.What is the simple interest on ₹1700 at 2% per year for 5 years (in ₹)?
- 9.What is 60% of 200?
- 10.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2750. What is the profit (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹8300 at 5% per year for 1 year (in ₹)?
- 12.A mobile phone bought for ₹400 is sold for ₹448. What is the profit per cent?
- 13.A cycle costs ₹2900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 14.A shopkeeper buys a table for ₹1900 and sells it for ₹2060. What is the profit (in ₹)?
- 15.What is 30% of 740?
- 16.What is the simple interest on ₹4700 at 11% per year for 5 years (in ₹)?
- 17.What is the simple interest on ₹4200 at 5% per year for 4 years (in ₹)?
- 18.A watch bought for ₹2800 is sold for ₹1680. What is the loss per cent?
- 19.What is the simple interest on ₹4500 at 8% per year for 5 years (in ₹)?
- 20.What is 40% of 600?
- 21.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹2180. What is the profit (in ₹)?
- 22.A watch bought for ₹3400 is sold for ₹2720. What is the loss per cent?
- 23.A shopkeeper buys a table for ₹1750 and sells it for ₹1860. What is the profit (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹1500 at 3% per year for 2 years (in ₹)?
- 25.A sewing machine bought for ₹2100 is sold for ₹2205. What is the profit per cent?
- 26.A fan costs ₹3400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 27.What is 40% of 220?
- 28.A shopkeeper buys a mobile phone for ₹200 and sells it for ₹130. What is the loss (in ₹)?
- 29.What is 45% of 460?
- 30.A shopkeeper buys a cycle for ₹350 and sells it for ₹210. What is the loss (in ₹)?
- 31.A cycle bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 32.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2810. What is the loss (in ₹)?
- 33.What is the simple interest on ₹5600 at 8% per year for 1 year (in ₹)?
- 34.A shopkeeper buys a cooler for ₹1000 and sells it for ₹910. What is the loss (in ₹)?
- 35.A shopkeeper buys a cycle for ₹400 and sells it for ₹420. What is the profit (in ₹)?
- 36.A fan bought for ₹2800 is sold for ₹2940. What is the profit per cent?
- 37.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2840. What is the profit (in ₹)?
- 38.What is 55% of 340?
- 39.What is 25% of 60?
- 40.A shopkeeper buys a fan for ₹1600 and sells it for ₹1700. What is the profit (in ₹)?
Answer key
- 40
- 90
- 210
- 2185
- 564
- 130
- 9184
- 170
- 120
- 200
- 8715
- 12
- 3335
- 160
- 222
- 2585
- 840
- 40
- 1800
- 240
- 280
- 20
- 110
- 1590
- 5
- 3808
- 88
- 70
- 207
- 140
- 20
- 40
- 448
- 90
- 20
- 5
- 290
- 187
- 15
- 100
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