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 fan costs ₹3000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 2.A table costs ₹900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 3.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1300. What is the loss (in ₹)?
- 4.A shopkeeper buys a fan for ₹2850 and sells it for ₹2770. What is the loss (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹2900 at 12% per year for 2 years (in ₹)?
- 6.A shopkeeper buys a cooler for ₹400 and sells it for ₹300. What is the loss (in ₹)?
- 7.A table costs ₹3500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 8.A table bought for ₹2100 is sold for ₹1260. What is the loss per cent?
- 9.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
- 10.A shopkeeper buys a fan for ₹700 and sells it for ₹910. What is the profit (in ₹)?
- 11.The price of a cricket ball changed from ₹40 to ₹36. What is the percentage decrease?
- 12.What is 95% of 660?
- 13.A shopkeeper buys a mobile phone for ₹2250 and sells it for ₹1960. What is the loss (in ₹)?
- 14.A fan costs ₹1100. It is sold at a 40% loss. What is the selling price (in ₹)?
- 15.The price of a water bottle changed from ₹40 to ₹24. What is the percentage decrease?
- 16.What is 10% of 900?
- 17.The price of a box of mangoes changed from ₹250 to ₹175. What is the percentage decrease?
- 18.A fan bought for ₹3300 is sold for ₹3465. What is the profit per cent?
- 19.The price of a cricket ball changed from ₹25 to ₹20. What is the percentage decrease?
- 20.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2520. What is the profit (in ₹)?
- 21.A shopkeeper buys a cricket kit for ₹2100 and sells it for ₹2230. What is the profit (in ₹)?
- 22.A watch costs ₹700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹2700 at 4% per year for 5 years (in ₹)?
- 24.A cooler costs ₹600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 25.A shopkeeper buys a table for ₹800 and sells it for ₹850. What is the profit (in ₹)?
- 26.The price of a bus pass changed from ₹80 to ₹152. What is the percentage increase?
- 27.A cooler bought for ₹700 is sold for ₹560. What is the loss per cent?
- 28.What is the simple interest on ₹9300 at 5% per year for 1 year (in ₹)?
- 29.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
- 30.What is the simple interest on ₹2700 at 7% per year for 3 years (in ₹)?
- 31.A watch costs ₹3000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 32.The price of a cricket ball changed from ₹20 to ₹8. What is the percentage decrease?
- 33.What is the amount (principal + simple interest) on ₹5500 at 2% per year for 2 years (in ₹)?
- 34.What is 75% of 820?
- 35.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2890. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹4400 at 10% per year for 4 years (in ₹)?
- 37.What is 35% of 400?
- 38.The price of a school bag changed from ₹40 to ₹56. What is the percentage increase?
- 39.What is 40% of 580?
- 40.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 5 years (in ₹)?
Answer key
- 3750
- 1170
- 200
- 80
- 3596
- 100
- 5250
- 40
- 30
- 210
- 10
- 627
- 290
- 660
- 40
- 90
- 30
- 5
- 20
- 220
- 130
- 770
- 3240
- 840
- 50
- 90
- 20
- 465
- 20
- 567
- 1800
- 60
- 5720
- 615
- 290
- 6160
- 140
- 40
- 232
- 3875
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