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 ₹300 and sells it for ₹260. What is the loss (in ₹)?
- 2.A fan costs ₹1300. It is sold at a 5% profit. What is the selling price (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹4000 at 3% per year for 4 years (in ₹)?
- 4.What is 60% of 960?
- 5.A shopkeeper buys a table for ₹2050 and sells it for ₹2010. What is the loss (in ₹)?
- 6.A shopkeeper buys a cricket kit for ₹1500 and sells it for ₹1510. What is the profit (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹2800 at 7% per year for 3 years (in ₹)?
- 8.What is 40% of 300?
- 9.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 1 year (in ₹)?
- 10.The price of a school bag changed from ₹500 to ₹490. What is the percentage decrease?
- 11.A shopkeeper buys a watch for ₹2000 and sells it for ₹2070. What is the profit (in ₹)?
- 12.A cooler costs ₹2100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 13.What is 5% of 140?
- 14.A cooler bought for ₹2500 is sold for ₹2375. What is the loss per cent?
- 15.A shopkeeper buys a table for ₹2200 and sells it for ₹2450. What is the profit (in ₹)?
- 16.What is the simple interest on ₹600 at 11% per year for 2 years (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹8200 at 6% per year for 1 year (in ₹)?
- 18.A shopkeeper buys a sewing machine for ₹2100 and sells it for ₹2030. What is the loss (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹2900 at 2% per year for 2 years (in ₹)?
- 20.A sewing machine costs ₹3500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 21.A mobile phone bought for ₹2700 is sold for ₹2376. What is the loss per cent?
- 22.What is 25% of 860?
- 23.A mobile phone bought for ₹3200 is sold for ₹3584. What is the profit per cent?
- 24.A fan bought for ₹3600 is sold for ₹2160. What is the loss per cent?
- 25.What is the amount (principal + simple interest) on ₹1900 at 4% per year for 4 years (in ₹)?
- 26.A shopkeeper buys a table for ₹2150 and sells it for ₹2110. What is the loss (in ₹)?
- 27.A fan bought for ₹1500 is sold for ₹2250. What is the profit per cent?
- 28.What is the amount (principal + simple interest) on ₹1600 at 12% per year for 2 years (in ₹)?
- 29.A table bought for ₹1200 is sold for ₹1560. What is the profit per cent?
- 30.A sewing machine costs ₹900. It is sold at a 40% profit. What is the selling price (in ₹)?
- 31.The price of a water bottle changed from ₹200 to ₹80. What is the percentage decrease?
- 32.What is 55% of 100?
- 33.What is 35% of 380?
- 34.What is 65% of 260?
- 35.A sewing machine bought for ₹2500 is sold for ₹2125. What is the loss per cent?
- 36.A watch bought for ₹3400 is sold for ₹5100. What is the profit per cent?
- 37.What is 45% of 620?
- 38.The price of a box of mangoes changed from ₹50 to ₹60. What is the percentage increase?
- 39.A cricket kit costs ₹2500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 40.A mobile phone costs ₹2200. It is sold at a 25% loss. What is the selling price (in ₹)?
Answer key
- 40
- 1365
- 4480
- 576
- 40
- 10
- 3388
- 120
- 8160
- 2
- 70
- 2352
- 7
- 5
- 250
- 132
- 8692
- 70
- 3016
- 2450
- 12
- 215
- 12
- 40
- 2204
- 40
- 50
- 1984
- 30
- 1260
- 60
- 55
- 133
- 169
- 15
- 50
- 279
- 20
- 2125
- 1650
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