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 cycle for ₹1550 and sells it for ₹1410. What is the loss (in ₹)?
- 2.The price of a cricket ball changed from ₹50 to ₹49. What is the percentage decrease?
- 3.A cricket kit costs ₹1100. It is sold at a 12% profit. What is the selling price (in ₹)?
- 4.The price of a pair of shoes changed from ₹25 to ₹40. What is the percentage increase?
- 5.A table bought for ₹200 is sold for ₹224. What is the profit per cent?
- 6.What is the amount (principal + simple interest) on ₹9800 at 11% per year for 3 years (in ₹)?
- 7.A sewing machine bought for ₹1100 is sold for ₹1265. What is the profit per cent?
- 8.What is the simple interest on ₹3000 at 12% per year for 5 years (in ₹)?
- 9.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1460. What is the profit (in ₹)?
- 10.A mobile phone bought for ₹300 is sold for ₹150. What is the loss per cent?
- 11.The price of a water bottle changed from ₹500 to ₹505. What is the percentage increase?
- 12.A cooler costs ₹3200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 13.What is the simple interest on ₹2400 at 7% per year for 4 years (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹4800 at 10% per year for 4 years (in ₹)?
- 15.What is 15% of 760?
- 16.A cycle costs ₹2800. It is sold at a 12% loss. What is the selling price (in ₹)?
- 17.A shopkeeper buys a fan for ₹2200 and sells it for ₹2450. What is the profit (in ₹)?
- 18.A fan costs ₹300. It is sold at a 10% profit. What is the selling price (in ₹)?
- 19.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1880. What is the profit (in ₹)?
- 20.A cricket kit costs ₹1600. It is sold at a 50% profit. What is the selling price (in ₹)?
- 21.A watch costs ₹1900. It is sold at a 30% profit. What is the selling price (in ₹)?
- 22.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
- 23.What is the amount (principal + simple interest) on ₹8100 at 10% per year for 1 year (in ₹)?
- 24.What is 80% of 420?
- 25.What is the simple interest on ₹6800 at 5% per year for 1 year (in ₹)?
- 26.The price of a school bag changed from ₹40 to ₹72. What is the percentage increase?
- 27.What is the simple interest on ₹6000 at 9% per year for 1 year (in ₹)?
- 28.What is 10% of 840?
- 29.The price of a bus pass changed from ₹200 to ₹280. What is the percentage increase?
- 30.A cooler bought for ₹3200 is sold for ₹2400. What is the loss per cent?
- 31.A table costs ₹2500. It is sold at a 10% profit. What is the selling price (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹900 at 6% per year for 4 years (in ₹)?
- 33.The price of a bus pass changed from ₹40 to ₹8. What is the percentage decrease?
- 34.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1020. What is the profit (in ₹)?
- 35.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2690. What is the loss (in ₹)?
- 36.A shopkeeper buys a watch for ₹1100 and sells it for ₹1170. What is the profit (in ₹)?
- 37.A cycle costs ₹2700. It is sold at a 50% loss. What is the selling price (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹1700 and sells it for ₹1510. What is the loss (in ₹)?
- 39.A table bought for ₹1800 is sold for ₹1890. What is the profit per cent?
- 40.What is the simple interest on ₹7700 at 11% per year for 1 year (in ₹)?
Answer key
- 140
- 2
- 1232
- 60
- 12
- 13034
- 15
- 1800
- 210
- 50
- 1
- 1920
- 672
- 6720
- 114
- 2464
- 250
- 330
- 80
- 2400
- 2470
- 80
- 8910
- 336
- 340
- 80
- 540
- 84
- 40
- 25
- 2750
- 1116
- 80
- 170
- 60
- 70
- 1350
- 190
- 5
- 847
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