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 ₹900 and sells it for ₹840. What is the loss (in ₹)?
- 2.The price of a pair of shoes changed from ₹500 to ₹750. What is the percentage increase?
- 3.A shopkeeper buys a table for ₹750 and sells it for ₹700. What is the loss (in ₹)?
- 4.A cricket kit costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 5.A fan costs ₹3700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹9500 at 11% per year for 2 years (in ₹)?
- 7.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 8.A cooler bought for ₹1800 is sold for ₹1710. What is the loss per cent?
- 9.What is 15% of 140?
- 10.A watch costs ₹3700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 11.A cycle bought for ₹1300 is sold for ₹910. What is the loss per cent?
- 12.What is the amount (principal + simple interest) on ₹5200 at 2% per year for 1 year (in ₹)?
- 13.A cricket kit costs ₹3800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹1200 at 7% per year for 2 years (in ₹)?
- 15.The price of a school bag changed from ₹80 to ₹120. What is the percentage increase?
- 16.What is the simple interest on ₹6800 at 3% per year for 1 year (in ₹)?
- 17.What is 10% of 580?
- 18.A cycle costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 19.A fan bought for ₹200 is sold for ₹140. What is the loss per cent?
- 20.What is the simple interest on ₹6500 at 5% per year for 2 years (in ₹)?
- 21.What is the simple interest on ₹1400 at 3% per year for 5 years (in ₹)?
- 22.A watch bought for ₹2100 is sold for ₹2520. What is the profit per cent?
- 23.The price of a pair of shoes changed from ₹50 to ₹30. What is the percentage decrease?
- 24.What is 35% of 100?
- 25.What is 85% of 320?
- 26.What is 10% of 420?
- 27.What is the simple interest on ₹1600 at 10% per year for 5 years (in ₹)?
- 28.A cricket kit costs ₹2000. It is sold at a 10% profit. What is the selling price (in ₹)?
- 29.What is 25% of 940?
- 30.What is the amount (principal + simple interest) on ₹6800 at 5% per year for 3 years (in ₹)?
- 31.What is 10% of 340?
- 32.A sewing machine bought for ₹200 is sold for ₹260. What is the profit per cent?
- 33.A cricket kit bought for ₹2700 is sold for ₹2430. What is the loss per cent?
- 34.What is 70% of 620?
- 35.A shopkeeper buys a watch for ₹3000 and sells it for ₹2740. What is the loss (in ₹)?
- 36.A shopkeeper buys a cycle for ₹2500 and sells it for ₹2580. What is the profit (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹3300 at 2% per year for 1 year (in ₹)?
- 38.A cycle costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 39.The price of a school bag changed from ₹80 to ₹128. What is the percentage increase?
- 40.What is the amount (principal + simple interest) on ₹9700 at 9% per year for 5 years (in ₹)?
Answer key
- 60
- 50
- 50
- 1710
- 2775
- 11590
- 40
- 5
- 21
- 3330
- 30
- 5304
- 4180
- 1368
- 50
- 204
- 58
- 2565
- 30
- 650
- 210
- 20
- 40
- 35
- 272
- 42
- 800
- 2200
- 235
- 7820
- 34
- 30
- 10
- 434
- 260
- 80
- 3366
- 3040
- 60
- 14065
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