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 ₹1250 and sells it for ₹1260. What is the profit (in ₹)?
- 2.The price of a cricket ball changed from ₹100 to ₹80. What is the percentage decrease?
- 3.What is the simple interest on ₹7800 at 5% per year for 2 years (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 4 years (in ₹)?
- 5.What is the simple interest on ₹9500 at 5% per year for 3 years (in ₹)?
- 6.A shopkeeper buys a cricket kit for ₹2550 and sells it for ₹2360. What is the loss (in ₹)?
- 7.A fan costs ₹1400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 8.What is 55% of 360?
- 9.What is 30% of 960?
- 10.What is the simple interest on ₹4800 at 8% per year for 4 years (in ₹)?
- 11.A fan costs ₹2500. It is sold at a 40% profit. What is the selling price (in ₹)?
- 12.A shopkeeper buys a sewing machine for ₹2900 and sells it for ₹3050. What is the profit (in ₹)?
- 13.The price of a box of mangoes changed from ₹100 to ₹175. What is the percentage increase?
- 14.The price of a water bottle changed from ₹20 to ₹10. What is the percentage decrease?
- 15.The price of a school bag changed from ₹200 to ₹250. What is the percentage increase?
- 16.What is 75% of 560?
- 17.The price of a school bag changed from ₹50 to ₹25. What is the percentage decrease?
- 18.What is the amount (principal + simple interest) on ₹8000 at 11% per year for 2 years (in ₹)?
- 19.A watch costs ₹2200. It is sold at a 30% profit. What is the selling price (in ₹)?
- 20.What is the amount (principal + simple interest) on ₹5300 at 9% per year for 5 years (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹6000 at 2% per year for 1 year (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹2100 at 10% per year for 3 years (in ₹)?
- 23.What is 80% of 580?
- 24.What is the simple interest on ₹3900 at 2% per year for 3 years (in ₹)?
- 25.What is the simple interest on ₹900 at 4% per year for 5 years (in ₹)?
- 26.What is 25% of 540?
- 27.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹830. What is the loss (in ₹)?
- 28.The price of a school bag changed from ₹40 to ₹24. What is the percentage decrease?
- 29.A shopkeeper buys a sewing machine for ₹2600 and sells it for ₹2750. What is the profit (in ₹)?
- 30.A cycle costs ₹300. It is sold at a 15% profit. What is the selling price (in ₹)?
- 31.A shopkeeper buys a sewing machine for ₹2350 and sells it for ₹2640. What is the profit (in ₹)?
- 32.The price of a cricket ball changed from ₹80 to ₹88. What is the percentage increase?
- 33.A table bought for ₹1800 is sold for ₹2070. What is the profit per cent?
- 34.What is the amount (principal + simple interest) on ₹6400 at 4% per year for 2 years (in ₹)?
- 35.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹550. What is the loss (in ₹)?
- 36.The price of a bus pass changed from ₹50 to ₹40. What is the percentage decrease?
- 37.What is the amount (principal + simple interest) on ₹5000 at 10% per year for 2 years (in ₹)?
- 38.A shopkeeper buys a watch for ₹1050 and sells it for ₹1230. What is the profit (in ₹)?
- 39.A watch costs ₹1400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a cycle for ₹650 and sells it for ₹890. What is the profit (in ₹)?
Answer key
- 10
- 20
- 780
- 6720
- 1425
- 190
- 1260
- 198
- 288
- 1536
- 3500
- 150
- 75
- 50
- 25
- 420
- 50
- 9760
- 2860
- 7685
- 6120
- 2730
- 464
- 234
- 180
- 135
- 70
- 40
- 150
- 345
- 290
- 10
- 15
- 6912
- 250
- 20
- 6000
- 180
- 1470
- 240
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