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 ₹400 and sells it for ₹120. What is the loss (in ₹)?
- 2.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹910. What is the profit (in ₹)?
- 3.A watch costs ₹1100. It is sold at a 30% profit. What is the selling price (in ₹)?
- 4.What is 80% of 900?
- 5.What is the simple interest on ₹2900 at 4% per year for 4 years (in ₹)?
- 6.A fan bought for ₹2500 is sold for ₹2625. What is the profit per cent?
- 7.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2640. What is the loss (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹3700 at 12% per year for 3 years (in ₹)?
- 9.A shopkeeper buys a watch for ₹2450 and sells it for ₹2690. What is the profit (in ₹)?
- 10.What is 55% of 980?
- 11.The price of a box of mangoes changed from ₹80 to ₹16. What is the percentage decrease?
- 12.A cooler bought for ₹2300 is sold for ₹2576. What is the profit per cent?
- 13.What is the simple interest on ₹8000 at 3% per year for 1 year (in ₹)?
- 14.The price of a water bottle changed from ₹25 to ₹15. What is the percentage decrease?
- 15.What is 55% of 620?
- 16.A cycle costs ₹500. It is sold at a 5% loss. What is the selling price (in ₹)?
- 17.A shopkeeper buys a fan for ₹350 and sells it for ₹410. What is the profit (in ₹)?
- 18.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1380. What is the loss (in ₹)?
- 19.A shopkeeper buys a fan for ₹1600 and sells it for ₹1520. What is the loss (in ₹)?
- 20.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 21.What is 30% of 780?
- 22.A sewing machine bought for ₹2700 is sold for ₹3510. What is the profit per cent?
- 23.A cooler costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 24.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹2580. What is the loss (in ₹)?
- 25.The price of a school bag changed from ₹100 to ₹160. What is the percentage increase?
- 26.What is 45% of 300?
- 27.The price of a cricket ball changed from ₹80 to ₹76. What is the percentage decrease?
- 28.A shopkeeper buys a cooler for ₹2150 and sells it for ₹1980. What is the loss (in ₹)?
- 29.A mobile phone costs ₹1600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 30.What is 25% of 320?
- 31.A shopkeeper buys a cooler for ₹1300 and sells it for ₹1430. What is the profit (in ₹)?
- 32.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2490. What is the profit (in ₹)?
- 33.A table bought for ₹3400 is sold for ₹4250. What is the profit per cent?
- 34.What is 5% of 360?
- 35.A cooler costs ₹1000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a table for ₹1750 and sells it for ₹1800. What is the profit (in ₹)?
- 37.What is 75% of 820?
- 38.What is the amount (principal + simple interest) on ₹2800 at 6% per year for 3 years (in ₹)?
- 39.A shopkeeper buys a cycle for ₹1100 and sells it for ₹970. What is the loss (in ₹)?
- 40.What is 85% of 220?
Answer key
- 280
- 60
- 1430
- 720
- 464
- 5
- 110
- 5032
- 240
- 539
- 80
- 12
- 240
- 40
- 341
- 475
- 60
- 70
- 80
- 40
- 234
- 30
- 2016
- 270
- 60
- 135
- 5
- 170
- 1760
- 80
- 130
- 290
- 25
- 18
- 1250
- 50
- 615
- 3304
- 130
- 187
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