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 ₹2550 and sells it for ₹2480. What is the loss (in ₹)?
- 2.The price of a pair of shoes changed from ₹25 to ₹20. What is the percentage decrease?
- 3.A cooler bought for ₹200 is sold for ₹300. What is the profit per cent?
- 4.The price of a school bag changed from ₹100 to ₹150. What is the percentage increase?
- 5.A shopkeeper buys a table for ₹700 and sells it for ₹750. What is the profit (in ₹)?
- 6.A shopkeeper buys a cooler for ₹2550 and sells it for ₹2710. What is the profit (in ₹)?
- 7.A table costs ₹4000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 8.The price of a pair of shoes changed from ₹80 to ₹84. What is the percentage increase?
- 9.A mobile phone bought for ₹1400 is sold for ₹2100. What is the profit per cent?
- 10.A mobile phone costs ₹2000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 11.What is 30% of 920?
- 12.What is the simple interest on ₹2900 at 5% per year for 2 years (in ₹)?
- 13.The price of a cricket ball changed from ₹250 to ₹100. What is the percentage decrease?
- 14.What is 10% of 140?
- 15.What is the simple interest on ₹8700 at 5% per year for 1 year (in ₹)?
- 16.The price of a box of mangoes changed from ₹250 to ₹150. What is the percentage decrease?
- 17.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2720. What is the loss (in ₹)?
- 18.A mobile phone costs ₹3100. It is sold at a 5% loss. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹4400 at 6% per year for 1 year (in ₹)?
- 20.What is the simple interest on ₹4300 at 2% per year for 4 years (in ₹)?
- 21.What is 65% of 380?
- 22.A shopkeeper buys a fan for ₹2550 and sells it for ₹2760. What is the profit (in ₹)?
- 23.A shopkeeper buys a sewing machine for ₹550 and sells it for ₹610. What is the profit (in ₹)?
- 24.A shopkeeper buys a table for ₹2900 and sells it for ₹2840. What is the loss (in ₹)?
- 25.What is the simple interest on ₹5700 at 6% per year for 3 years (in ₹)?
- 26.A mobile phone costs ₹1300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹9500 at 6% per year for 1 year (in ₹)?
- 28.A cycle bought for ₹1500 is sold for ₹2100. What is the profit per cent?
- 29.What is the simple interest on ₹3000 at 11% per year for 1 year (in ₹)?
- 30.The price of a water bottle changed from ₹20 to ₹26. What is the percentage increase?
- 31.What is the simple interest on ₹600 at 11% per year for 5 years (in ₹)?
- 32.A shopkeeper buys a cycle for ₹700 and sells it for ₹520. What is the loss (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹9900 at 6% per year for 3 years (in ₹)?
- 34.A cooler costs ₹1900. It is sold at a 25% profit. What is the selling price (in ₹)?
- 35.A cooler bought for ₹500 is sold for ₹600. What is the profit per cent?
- 36.A cycle bought for ₹1000 is sold for ₹800. What is the loss per cent?
- 37.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2630. What is the loss (in ₹)?
- 38.What is 45% of 120?
- 39.A shopkeeper buys a table for ₹1050 and sells it for ₹1200. What is the profit (in ₹)?
- 40.What is the simple interest on ₹1500 at 8% per year for 1 year (in ₹)?
Answer key
- 70
- 20
- 50
- 50
- 50
- 160
- 3800
- 5
- 50
- 3000
- 276
- 290
- 60
- 14
- 435
- 40
- 130
- 2945
- 264
- 344
- 247
- 210
- 60
- 60
- 1026
- 1625
- 10070
- 40
- 330
- 30
- 330
- 180
- 11682
- 2375
- 20
- 20
- 220
- 54
- 150
- 120
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