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 sewing machine for ₹2650 and sells it for ₹2870. What is the profit (in ₹)?
- 2.What is the simple interest on ₹6700 at 2% per year for 3 years (in ₹)?
- 3.A watch bought for ₹1800 is sold for ₹1260. What is the loss per cent?
- 4.What is 15% of 60?
- 5.What is 65% of 740?
- 6.A fan costs ₹3400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 7.A mobile phone costs ₹1800. It is sold at a 50% loss. What is the selling price (in ₹)?
- 8.What is 5% of 180?
- 9.A shopkeeper buys a cricket kit for ₹800 and sells it for ₹550. What is the loss (in ₹)?
- 10.A cycle bought for ₹3700 is sold for ₹3515. What is the loss per cent?
- 11.A cricket kit bought for ₹2300 is sold for ₹1150. What is the loss per cent?
- 12.What is the simple interest on ₹9100 at 6% per year for 3 years (in ₹)?
- 13.What is the simple interest on ₹1500 at 12% per year for 1 year (in ₹)?
- 14.What is 45% of 240?
- 15.What is the simple interest on ₹10000 at 9% per year for 5 years (in ₹)?
- 16.A watch bought for ₹800 is sold for ₹1000. What is the profit per cent?
- 17.What is the amount (principal + simple interest) on ₹2500 at 11% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1040. What is the loss (in ₹)?
- 19.What is 60% of 460?
- 20.What is the simple interest on ₹2600 at 11% per year for 1 year (in ₹)?
- 21.A watch bought for ₹900 is sold for ₹1260. What is the profit per cent?
- 22.What is the amount (principal + simple interest) on ₹7000 at 8% per year for 1 year (in ₹)?
- 23.What is 40% of 60?
- 24.A shopkeeper buys a watch for ₹2250 and sells it for ₹2270. What is the profit (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹900 at 9% per year for 2 years (in ₹)?
- 26.A mobile phone costs ₹1500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 27.A sewing machine costs ₹1700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 28.What is 40% of 240?
- 29.The price of a bus pass changed from ₹25 to ₹10. What is the percentage decrease?
- 30.A shopkeeper buys a fan for ₹1400 and sells it for ₹1440. What is the profit (in ₹)?
- 31.What is the simple interest on ₹8200 at 7% per year for 3 years (in ₹)?
- 32.What is 90% of 220?
- 33.A sewing machine costs ₹2700. It is sold at a 12% loss. What is the selling price (in ₹)?
- 34.A fan bought for ₹700 is sold for ₹840. What is the profit per cent?
- 35.What is the simple interest on ₹7500 at 4% per year for 5 years (in ₹)?
- 36.The price of a bus pass changed from ₹400 to ₹520. What is the percentage increase?
- 37.The price of a cricket ball changed from ₹80 to ₹40. What is the percentage decrease?
- 38.What is the amount (principal + simple interest) on ₹3500 at 5% per year for 3 years (in ₹)?
- 39.What is 85% of 140?
- 40.The price of a school bag changed from ₹20 to ₹26. What is the percentage increase?
Answer key
- 220
- 402
- 30
- 9
- 481
- 4080
- 900
- 9
- 250
- 5
- 50
- 1638
- 180
- 108
- 4500
- 25
- 2775
- 60
- 276
- 286
- 40
- 7560
- 24
- 20
- 1062
- 1275
- 1275
- 96
- 60
- 40
- 1722
- 198
- 2376
- 20
- 1500
- 30
- 50
- 4025
- 119
- 30
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