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 ₹2250 and sells it for ₹2340. What is the profit (in ₹)?
- 2.A fan costs ₹1900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 3.A watch costs ₹700. It is sold at a 50% profit. What is the selling price (in ₹)?
- 4.A shopkeeper buys a fan for ₹600 and sells it for ₹500. What is the loss (in ₹)?
- 5.What is 20% of 120?
- 6.A watch bought for ₹1400 is sold for ₹1232. What is the loss per cent?
- 7.A cooler costs ₹900. It is sold at a 20% loss. What is the selling price (in ₹)?
- 8.What is the simple interest on ₹8400 at 9% per year for 1 year (in ₹)?
- 9.A fan bought for ₹3600 is sold for ₹3168. What is the loss per cent?
- 10.A table costs ₹3500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹5700 at 9% per year for 1 year (in ₹)?
- 12.A watch costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 13.What is 15% of 60?
- 14.What is the simple interest on ₹8600 at 4% per year for 2 years (in ₹)?
- 15.A shopkeeper buys a cycle for ₹850 and sells it for ₹830. What is the loss (in ₹)?
- 16.What is 90% of 760?
- 17.A table bought for ₹700 is sold for ₹1050. What is the profit per cent?
- 18.What is 60% of 420?
- 19.What is 55% of 980?
- 20.A watch bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 21.What is the simple interest on ₹9300 at 12% per year for 2 years (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹1800 at 3% per year for 3 years (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹1600 at 7% per year for 1 year (in ₹)?
- 24.A fan costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 25.A cycle bought for ₹2900 is sold for ₹1740. What is the loss per cent?
- 26.What is 15% of 220?
- 27.A table costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 28.A mobile phone bought for ₹1100 is sold for ₹1210. What is the profit per cent?
- 29.What is 75% of 860?
- 30.The price of a box of mangoes changed from ₹40 to ₹8. What is the percentage decrease?
- 31.The price of a cricket ball changed from ₹500 to ₹625. What is the percentage increase?
- 32.A watch costs ₹1700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 33.What is 30% of 60?
- 34.A cooler bought for ₹2700 is sold for ₹3024. What is the profit per cent?
- 35.A shopkeeper buys a mobile phone for ₹2850 and sells it for ₹2570. What is the loss (in ₹)?
- 36.A shopkeeper buys a cricket kit for ₹2050 and sells it for ₹2200. What is the profit (in ₹)?
- 37.A table costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹1600 at 9% per year for 5 years (in ₹)?
- 39.A mobile phone bought for ₹2200 is sold for ₹2530. What is the profit per cent?
- 40.What is 10% of 700?
Answer key
- 90
- 1995
- 1050
- 100
- 24
- 12
- 720
- 756
- 12
- 3850
- 6213
- 480
- 9
- 688
- 20
- 684
- 50
- 252
- 539
- 12
- 2232
- 1962
- 1712
- 540
- 40
- 33
- 3920
- 10
- 645
- 80
- 25
- 1785
- 18
- 12
- 280
- 150
- 950
- 720
- 15
- 70
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