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 table for ₹300 and sells it for ₹290. What is the loss (in ₹)?
- 2.A cricket kit bought for ₹3300 is sold for ₹1980. What is the loss per cent?
- 3.The price of a cricket ball changed from ₹200 to ₹300. What is the percentage increase?
- 4.What is the amount (principal + simple interest) on ₹3800 at 5% per year for 3 years (in ₹)?
- 5.The price of a cricket ball changed from ₹40 to ₹10. What is the percentage decrease?
- 6.What is the amount (principal + simple interest) on ₹8200 at 3% per year for 2 years (in ₹)?
- 7.What is the simple interest on ₹7600 at 9% per year for 5 years (in ₹)?
- 8.A cooler bought for ₹1100 is sold for ₹1155. What is the profit per cent?
- 9.What is the amount (principal + simple interest) on ₹1100 at 12% per year for 1 year (in ₹)?
- 10.What is 85% of 360?
- 11.What is 15% of 680?
- 12.What is the simple interest on ₹1300 at 8% per year for 5 years (in ₹)?
- 13.A cooler costs ₹2600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 14.A mobile phone bought for ₹500 is sold for ₹650. What is the profit per cent?
- 15.A shopkeeper buys a table for ₹1900 and sells it for ₹2090. What is the profit (in ₹)?
- 16.A shopkeeper buys a fan for ₹2900 and sells it for ₹2990. What is the profit (in ₹)?
- 17.What is the simple interest on ₹2600 at 9% per year for 1 year (in ₹)?
- 18.What is 5% of 320?
- 19.What is 20% of 340?
- 20.What is 15% of 860?
- 21.What is the amount (principal + simple interest) on ₹800 at 11% per year for 4 years (in ₹)?
- 22.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2290. What is the loss (in ₹)?
- 23.What is the simple interest on ₹9500 at 7% per year for 5 years (in ₹)?
- 24.A cycle bought for ₹3500 is sold for ₹2625. What is the loss per cent?
- 25.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹740. What is the loss (in ₹)?
- 26.What is 10% of 500?
- 27.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹1840. What is the loss (in ₹)?
- 28.The price of a cricket ball changed from ₹250 to ₹25. What is the percentage decrease?
- 29.A cricket kit bought for ₹3000 is sold for ₹3600. What is the profit per cent?
- 30.A mobile phone bought for ₹3000 is sold for ₹2550. What is the loss per cent?
- 31.What is the simple interest on ₹2500 at 10% per year for 1 year (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹9400 at 6% per year for 3 years (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹3800 at 12% per year for 1 year (in ₹)?
- 34.What is the simple interest on ₹1000 at 6% per year for 1 year (in ₹)?
- 35.What is 20% of 840?
- 36.A fan costs ₹900. It is sold at a 30% loss. What is the selling price (in ₹)?
- 37.What is 70% of 680?
- 38.A shopkeeper buys a sewing machine for ₹2450 and sells it for ₹2400. What is the loss (in ₹)?
- 39.The price of a water bottle changed from ₹400 to ₹280. What is the percentage decrease?
- 40.What is 10% of 900?
Answer key
- 10
- 40
- 50
- 4370
- 75
- 8692
- 3420
- 5
- 1232
- 306
- 102
- 520
- 2860
- 30
- 190
- 90
- 234
- 16
- 68
- 129
- 1152
- 210
- 3325
- 25
- 210
- 50
- 260
- 90
- 20
- 15
- 250
- 11092
- 4256
- 60
- 168
- 630
- 476
- 50
- 30
- 90
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