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 table for ₹400 and sells it for ₹700. What is the profit (in ₹)?
- 2.What is 75% of 980?
- 3.A cooler bought for ₹1300 is sold for ₹1170. What is the loss per cent?
- 4.A shopkeeper buys a watch for ₹2900 and sells it for ₹3040. What is the profit (in ₹)?
- 5.What is the simple interest on ₹3900 at 12% per year for 4 years (in ₹)?
- 6.What is 80% of 940?
- 7.What is the simple interest on ₹10000 at 3% per year for 1 year (in ₹)?
- 8.What is 80% of 960?
- 9.What is 45% of 240?
- 10.A cycle costs ₹1000. It is sold at a 5% loss. What is the selling price (in ₹)?
- 11.A table costs ₹3400. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.A shopkeeper buys a cricket kit for ₹1450 and sells it for ₹1700. What is the profit (in ₹)?
- 13.A cycle bought for ₹3400 is sold for ₹2550. What is the loss per cent?
- 14.The price of a pair of shoes changed from ₹50 to ₹65. What is the percentage increase?
- 15.What is 10% of 320?
- 16.The price of a cricket ball changed from ₹200 to ₹80. What is the percentage decrease?
- 17.A shopkeeper buys a cycle for ₹2850 and sells it for ₹2870. What is the profit (in ₹)?
- 18.A cricket kit costs ₹300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 19.What is the simple interest on ₹2400 at 9% per year for 4 years (in ₹)?
- 20.What is the simple interest on ₹1800 at 10% per year for 1 year (in ₹)?
- 21.What is the simple interest on ₹5700 at 7% per year for 4 years (in ₹)?
- 22.What is 5% of 500?
- 23.A shopkeeper buys a cycle for ₹1350 and sells it for ₹1590. What is the profit (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 5 years (in ₹)?
- 25.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹840. What is the profit (in ₹)?
- 26.A fan costs ₹2900. It is sold at a 20% profit. What is the selling price (in ₹)?
- 27.The price of a bus pass changed from ₹25 to ₹35. What is the percentage increase?
- 28.A sewing machine bought for ₹1500 is sold for ₹1650. What is the profit per cent?
- 29.What is the amount (principal + simple interest) on ₹6000 at 9% per year for 1 year (in ₹)?
- 30.A cricket kit bought for ₹2000 is sold for ₹2600. What is the profit per cent?
- 31.What is 40% of 40?
- 32.What is 5% of 800?
- 33.What is the simple interest on ₹600 at 10% per year for 5 years (in ₹)?
- 34.A shopkeeper buys a fan for ₹450 and sells it for ₹460. What is the profit (in ₹)?
- 35.A table costs ₹2700. It is sold at a 25% profit. What is the selling price (in ₹)?
- 36.A shopkeeper buys a cricket kit for ₹1000 and sells it for ₹830. What is the loss (in ₹)?
- 37.What is 15% of 200?
- 38.The price of a box of mangoes changed from ₹20 to ₹21. What is the percentage increase?
- 39.A fan costs ₹2600. It is sold at a 40% loss. What is the selling price (in ₹)?
- 40.The price of a pair of shoes changed from ₹50 to ₹90. What is the percentage increase?
Answer key
- 300
- 735
- 10
- 140
- 1872
- 752
- 300
- 768
- 108
- 950
- 2720
- 250
- 25
- 30
- 32
- 60
- 20
- 225
- 864
- 180
- 1596
- 25
- 240
- 7590
- 90
- 3480
- 40
- 10
- 6540
- 30
- 16
- 40
- 300
- 10
- 3375
- 170
- 30
- 5
- 1560
- 80
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