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 ₹2200 and sells it for ₹2210. What is the profit (in ₹)?
- 2.A table costs ₹200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 3.A fan bought for ₹2000 is sold for ₹1200. What is the loss per cent?
- 4.What is the simple interest on ₹7800 at 5% per year for 3 years (in ₹)?
- 5.A cricket kit costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 6.A fan costs ₹700. It is sold at a 30% profit. What is the selling price (in ₹)?
- 7.The price of a water bottle changed from ₹25 to ₹5. What is the percentage decrease?
- 8.A cricket kit bought for ₹2100 is sold for ₹1575. What is the loss per cent?
- 9.What is the simple interest on ₹4600 at 11% per year for 1 year (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹6500 at 6% per year for 3 years (in ₹)?
- 11.A watch bought for ₹1500 is sold for ₹1575. What is the profit per cent?
- 12.What is the amount (principal + simple interest) on ₹8200 at 11% per year for 5 years (in ₹)?
- 13.A sewing machine costs ₹2300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹5600 at 2% per year for 4 years (in ₹)?
- 15.A fan bought for ₹1000 is sold for ₹1100. What is the profit per cent?
- 16.The price of a pair of shoes changed from ₹200 to ₹202. What is the percentage increase?
- 17.A mobile phone bought for ₹2200 is sold for ₹2464. What is the profit per cent?
- 18.A shopkeeper buys a table for ₹2900 and sells it for ₹2660. What is the loss (in ₹)?
- 19.The price of a cricket ball changed from ₹250 to ₹50. What is the percentage decrease?
- 20.A sewing machine costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹2500 at 3% per year for 2 years (in ₹)?
- 22.A fan costs ₹2400. It is sold at a 40% loss. What is the selling price (in ₹)?
- 23.What is 15% of 560?
- 24.A cycle costs ₹400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 25.What is the simple interest on ₹2400 at 4% per year for 4 years (in ₹)?
- 26.A shopkeeper buys a cooler for ₹2500 and sells it for ₹2650. What is the profit (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹500 at 5% per year for 3 years (in ₹)?
- 28.A shopkeeper buys a cricket kit for ₹2700 and sells it for ₹2990. What is the profit (in ₹)?
- 29.What is 45% of 800?
- 30.What is 75% of 840?
- 31.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹630. What is the loss (in ₹)?
- 32.A shopkeeper buys a fan for ₹2200 and sells it for ₹2270. What is the profit (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹3200 at 7% per year for 5 years (in ₹)?
- 34.A fan costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 35.The price of a school bag changed from ₹500 to ₹550. What is the percentage increase?
- 36.What is the amount (principal + simple interest) on ₹800 at 6% per year for 3 years (in ₹)?
- 37.A fan costs ₹4000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹2400 at 10% per year for 3 years (in ₹)?
- 39.The price of a cricket ball changed from ₹40 to ₹42. What is the percentage increase?
- 40.The price of a water bottle changed from ₹80 to ₹72. What is the percentage decrease?
Answer key
- 10
- 210
- 40
- 1170
- 180
- 910
- 80
- 25
- 506
- 7670
- 5
- 12710
- 2415
- 448
- 10
- 1
- 12
- 240
- 80
- 2625
- 2650
- 1440
- 84
- 520
- 384
- 150
- 575
- 290
- 360
- 630
- 70
- 70
- 4320
- 1500
- 10
- 944
- 3400
- 720
- 5
- 10
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