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 cooler for ₹500 and sells it for ₹750. What is the profit (in ₹)?
- 2.What is 95% of 340?
- 3.A shopkeeper buys a watch for ₹400 and sells it for ₹470. What is the profit (in ₹)?
- 4.What is 60% of 760?
- 5.The price of a pair of shoes changed from ₹200 to ₹280. What is the percentage increase?
- 6.A cycle costs ₹500. It is sold at a 30% profit. What is the selling price (in ₹)?
- 7.What is 95% of 860?
- 8.What is the amount (principal + simple interest) on ₹9500 at 9% per year for 1 year (in ₹)?
- 9.The price of a bus pass changed from ₹80 to ₹56. What is the percentage decrease?
- 10.What is the amount (principal + simple interest) on ₹3200 at 2% per year for 1 year (in ₹)?
- 11.A fan costs ₹2500. It is sold at a 10% loss. What is the selling price (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹5800 at 10% per year for 3 years (in ₹)?
- 13.What is 40% of 620?
- 14.A cricket kit costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 15.What is the simple interest on ₹5300 at 11% per year for 1 year (in ₹)?
- 16.A fan costs ₹1700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 17.A cycle costs ₹1500. It is sold at a 40% loss. What is the selling price (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹9200 at 3% per year for 5 years (in ₹)?
- 19.A shopkeeper buys a mobile phone for ₹600 and sells it for ₹610. What is the profit (in ₹)?
- 20.What is 15% of 940?
- 21.A mobile phone costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 22.What is 5% of 280?
- 23.A shopkeeper buys a mobile phone for ₹2300 and sells it for ₹2310. What is the profit (in ₹)?
- 24.What is the simple interest on ₹5900 at 5% per year for 1 year (in ₹)?
- 25.A mobile phone bought for ₹3300 is sold for ₹2904. What is the loss per cent?
- 26.A cricket kit costs ₹1800. It is sold at a 25% loss. What is the selling price (in ₹)?
- 27.The price of a bus pass changed from ₹250 to ₹475. What is the percentage increase?
- 28.What is the amount (principal + simple interest) on ₹8200 at 12% per year for 3 years (in ₹)?
- 29.The price of a water bottle changed from ₹200 to ₹120. What is the percentage decrease?
- 30.What is the amount (principal + simple interest) on ₹6700 at 6% per year for 4 years (in ₹)?
- 31.A fan costs ₹800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 32.What is 20% of 580?
- 33.What is the amount (principal + simple interest) on ₹3800 at 10% per year for 4 years (in ₹)?
- 34.What is 70% of 720?
- 35.What is the amount (principal + simple interest) on ₹2600 at 11% per year for 4 years (in ₹)?
- 36.What is the simple interest on ₹3900 at 8% per year for 4 years (in ₹)?
- 37.What is 75% of 820?
- 38.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1330. What is the loss (in ₹)?
- 39.The price of a pair of shoes changed from ₹50 to ₹49. What is the percentage decrease?
- 40.What is the simple interest on ₹9900 at 11% per year for 1 year (in ₹)?
Answer key
- 250
- 323
- 70
- 456
- 40
- 650
- 817
- 10355
- 30
- 3264
- 2250
- 7540
- 248
- 3330
- 583
- 1870
- 900
- 10580
- 10
- 141
- 1500
- 14
- 10
- 295
- 12
- 1350
- 90
- 11152
- 40
- 8308
- 880
- 116
- 5320
- 504
- 3744
- 1248
- 615
- 170
- 2
- 1089
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