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 fan for ₹3000 and sells it for ₹3100. What is the profit (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹6800 at 10% per year for 2 years (in ₹)?
- 3.What is 25% of 740?
- 4.What is the amount (principal + simple interest) on ₹8400 at 11% per year for 3 years (in ₹)?
- 5.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1470. What is the profit (in ₹)?
- 6.A cycle bought for ₹3800 is sold for ₹4180. What is the profit per cent?
- 7.The price of a bus pass changed from ₹80 to ₹120. What is the percentage increase?
- 8.A sewing machine costs ₹2700. It is sold at a 40% profit. What is the selling price (in ₹)?
- 9.What is the simple interest on ₹1500 at 4% per year for 2 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1500 at 8% per year for 3 years (in ₹)?
- 11.The price of a pair of shoes changed from ₹80 to ₹104. What is the percentage increase?
- 12.What is 90% of 940?
- 13.A watch bought for ₹200 is sold for ₹224. What is the profit per cent?
- 14.What is the amount (principal + simple interest) on ₹1400 at 8% per year for 3 years (in ₹)?
- 15.What is the simple interest on ₹2300 at 11% per year for 1 year (in ₹)?
- 16.What is 15% of 1000?
- 17.What is the amount (principal + simple interest) on ₹9000 at 2% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a cycle for ₹2100 and sells it for ₹2290. What is the profit (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹9300 at 3% per year for 1 year (in ₹)?
- 20.A shopkeeper buys a cooler for ₹1600 and sells it for ₹1400. What is the loss (in ₹)?
- 21.What is 90% of 340?
- 22.What is 15% of 720?
- 23.A shopkeeper buys a cooler for ₹2900 and sells it for ₹3010. What is the profit (in ₹)?
- 24.A cycle bought for ₹1200 is sold for ₹720. What is the loss per cent?
- 25.A cooler costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 26.A cycle costs ₹600. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹2000 and sells it for ₹2050. What is the profit (in ₹)?
- 28.What is the simple interest on ₹4000 at 8% per year for 4 years (in ₹)?
- 29.A fan bought for ₹2300 is sold for ₹2415. What is the profit per cent?
- 30.What is the simple interest on ₹2400 at 9% per year for 1 year (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹4200 at 2% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a cricket kit for ₹2350 and sells it for ₹2400. What is the profit (in ₹)?
- 33.A fan costs ₹1000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 34.What is the simple interest on ₹1300 at 4% per year for 5 years (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹3500 at 8% per year for 2 years (in ₹)?
- 36.What is 40% of 700?
- 37.What is 95% of 700?
- 38.A sewing machine costs ₹1800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 39.What is the amount (principal + simple interest) on ₹6200 at 8% per year for 4 years (in ₹)?
- 40.A table bought for ₹1000 is sold for ₹1120. What is the profit per cent?
Answer key
- 100
- 8160
- 185
- 11172
- 220
- 10
- 50
- 3780
- 120
- 1860
- 30
- 846
- 12
- 1736
- 253
- 150
- 9180
- 190
- 9579
- 200
- 306
- 108
- 110
- 40
- 225
- 510
- 50
- 1280
- 5
- 216
- 4368
- 50
- 750
- 260
- 4060
- 280
- 665
- 1440
- 8184
- 12
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