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 table costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 2.What is 75% of 280?
- 3.A watch costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 4.A mobile phone bought for ₹800 is sold for ₹1200. What is the profit per cent?
- 5.A sewing machine costs ₹1000. It is sold at a 50% profit. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹9200 at 6% per year for 2 years (in ₹)?
- 7.What is 70% of 140?
- 8.What is 55% of 440?
- 9.What is the simple interest on ₹7700 at 7% per year for 3 years (in ₹)?
- 10.A shopkeeper buys a watch for ₹2400 and sells it for ₹2540. What is the profit (in ₹)?
- 11.What is 55% of 880?
- 12.A cycle costs ₹3900. It is sold at a 15% profit. What is the selling price (in ₹)?
- 13.The price of a pair of shoes changed from ₹50 to ₹5. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹600 at 3% per year for 2 years (in ₹)?
- 15.The price of a water bottle changed from ₹250 to ₹275. What is the percentage increase?
- 16.What is the amount (principal + simple interest) on ₹3800 at 7% per year for 3 years (in ₹)?
- 17.A shopkeeper buys a cricket kit for ₹850 and sells it for ₹580. What is the loss (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 1 year (in ₹)?
- 19.A shopkeeper buys a cycle for ₹2150 and sells it for ₹2280. What is the profit (in ₹)?
- 20.What is 60% of 260?
- 21.A watch bought for ₹300 is sold for ₹255. What is the loss per cent?
- 22.A cycle bought for ₹3600 is sold for ₹4500. What is the profit per cent?
- 23.The price of a pair of shoes changed from ₹250 to ₹475. What is the percentage increase?
- 24.A watch bought for ₹3000 is sold for ₹3450. What is the profit per cent?
- 25.A shopkeeper buys a sewing machine for ₹1650 and sells it for ₹1370. What is the loss (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹6100 at 5% per year for 4 years (in ₹)?
- 27.What is the simple interest on ₹8300 at 9% per year for 3 years (in ₹)?
- 28.A sewing machine costs ₹1000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a cooler for ₹1500 and sells it for ₹1610. What is the profit (in ₹)?
- 30.What is the amount (principal + simple interest) on ₹1900 at 8% per year for 1 year (in ₹)?
- 31.What is 5% of 340?
- 32.What is the simple interest on ₹6000 at 7% per year for 4 years (in ₹)?
- 33.A cricket kit costs ₹800. It is sold at a 20% loss. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹5500 at 4% per year for 4 years (in ₹)?
- 35.A mobile phone costs ₹1400. It is sold at a 40% profit. What is the selling price (in ₹)?
- 36.A table costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 37.The price of a pair of shoes changed from ₹20 to ₹26. What is the percentage increase?
- 38.A shopkeeper buys a fan for ₹1700 and sells it for ₹1610. What is the loss (in ₹)?
- 39.A shopkeeper buys a fan for ₹2400 and sells it for ₹2230. What is the loss (in ₹)?
- 40.The price of a cricket ball changed from ₹400 to ₹560. What is the percentage increase?
Answer key
- 300
- 210
- 4025
- 50
- 1500
- 10304
- 98
- 242
- 1617
- 140
- 484
- 4485
- 90
- 636
- 10
- 4598
- 270
- 9309
- 130
- 156
- 15
- 25
- 90
- 15
- 280
- 7320
- 2241
- 1150
- 110
- 2052
- 17
- 1680
- 640
- 6380
- 1960
- 900
- 30
- 90
- 170
- 40
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