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 sewing machine costs ₹1500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹1500 at 6% per year for 3 years (in ₹)?
- 3.A shopkeeper buys a table for ₹2550 and sells it for ₹2770. What is the profit (in ₹)?
- 4.A watch costs ₹3600. It is sold at a 25% loss. What is the selling price (in ₹)?
- 5.The price of a pair of shoes changed from ₹100 to ₹105. What is the percentage increase?
- 6.A cooler costs ₹1000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 7.A shopkeeper buys a fan for ₹2250 and sells it for ₹2370. What is the profit (in ₹)?
- 8.What is 40% of 300?
- 9.The price of a cricket ball changed from ₹20 to ₹22. What is the percentage increase?
- 10.The price of a school bag changed from ₹50 to ₹60. What is the percentage increase?
- 11.What is 75% of 800?
- 12.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
- 13.A cooler costs ₹400. It is sold at a 20% profit. What is the selling price (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹2200 at 11% per year for 4 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹6300 at 5% per year for 2 years (in ₹)?
- 16.A watch costs ₹400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 17.What is the amount (principal + simple interest) on ₹1500 at 7% per year for 1 year (in ₹)?
- 18.What is 65% of 380?
- 19.A cricket kit bought for ₹2000 is sold for ₹1600. What is the loss per cent?
- 20.What is 80% of 40?
- 21.What is the amount (principal + simple interest) on ₹7100 at 12% per year for 5 years (in ₹)?
- 22.What is the simple interest on ₹6700 at 5% per year for 4 years (in ₹)?
- 23.The price of a bus pass changed from ₹20 to ₹15. What is the percentage decrease?
- 24.What is the amount (principal + simple interest) on ₹4100 at 4% per year for 5 years (in ₹)?
- 25.What is the simple interest on ₹4500 at 3% per year for 2 years (in ₹)?
- 26.A cycle bought for ₹3300 is sold for ₹3696. What is the profit per cent?
- 27.A shopkeeper buys a watch for ₹1750 and sells it for ₹2030. What is the profit (in ₹)?
- 28.A table costs ₹3900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹2600 at 8% per year for 2 years (in ₹)?
- 30.A cycle costs ₹2800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 31.The price of a box of mangoes changed from ₹500 to ₹525. What is the percentage increase?
- 32.What is the simple interest on ₹9400 at 5% per year for 2 years (in ₹)?
- 33.A sewing machine costs ₹1300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 34.The price of a school bag changed from ₹20 to ₹8. What is the percentage decrease?
- 35.A watch costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 36.The price of a cricket ball changed from ₹250 to ₹275. What is the percentage increase?
- 37.The price of a cricket ball changed from ₹400 to ₹100. What is the percentage decrease?
- 38.A shopkeeper buys a cooler for ₹1450 and sells it for ₹1430. What is the loss (in ₹)?
- 39.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1080. What is the loss (in ₹)?
- 40.A fan bought for ₹3000 is sold for ₹2850. What is the loss per cent?
Answer key
- 1680
- 1770
- 220
- 2700
- 5
- 1200
- 120
- 120
- 10
- 20
- 600
- 90
- 480
- 3168
- 6930
- 440
- 1605
- 247
- 20
- 32
- 11360
- 1340
- 25
- 4920
- 270
- 12
- 280
- 4095
- 3016
- 3640
- 5
- 940
- 1456
- 60
- 3360
- 10
- 75
- 20
- 170
- 5
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