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 cooler bought for ₹300 is sold for ₹336. What is the profit per cent?
- 2.What is the simple interest on ₹3800 at 5% per year for 4 years (in ₹)?
- 3.The price of a pair of shoes changed from ₹250 to ₹175. What is the percentage decrease?
- 4.The price of a box of mangoes changed from ₹500 to ₹625. What is the percentage increase?
- 5.A shopkeeper buys a watch for ₹600 and sells it for ₹760. What is the profit (in ₹)?
- 6.A cycle bought for ₹800 is sold for ₹1040. What is the profit per cent?
- 7.A table bought for ₹200 is sold for ₹224. What is the profit per cent?
- 8.What is 25% of 940?
- 9.A sewing machine costs ₹3700. It is sold at a 5% loss. What is the selling price (in ₹)?
- 10.A shopkeeper buys a cooler for ₹2250 and sells it for ₹2430. What is the profit (in ₹)?
- 11.A shopkeeper buys a sewing machine for ₹900 and sells it for ₹810. What is the loss (in ₹)?
- 12.What is 65% of 280?
- 13.What is the simple interest on ₹9800 at 7% per year for 2 years (in ₹)?
- 14.A cricket kit costs ₹600. It is sold at a 30% profit. What is the selling price (in ₹)?
- 15.The price of a bus pass changed from ₹40 to ₹48. What is the percentage increase?
- 16.A shopkeeper buys a cooler for ₹750 and sells it for ₹480. What is the loss (in ₹)?
- 17.A mobile phone bought for ₹700 is sold for ₹805. What is the profit per cent?
- 18.What is 5% of 400?
- 19.A fan costs ₹3900. It is sold at a 10% profit. What is the selling price (in ₹)?
- 20.A fan costs ₹400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 21.The price of a cricket ball changed from ₹20 to ₹18. What is the percentage decrease?
- 22.A shopkeeper buys a fan for ₹1900 and sells it for ₹1640. What is the loss (in ₹)?
- 23.A fan costs ₹1800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 24.A shopkeeper buys a cycle for ₹1050 and sells it for ₹900. What is the loss (in ₹)?
- 25.A table bought for ₹3100 is sold for ₹3565. What is the profit per cent?
- 26.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹870. What is the profit (in ₹)?
- 27.A cricket kit bought for ₹1000 is sold for ₹1150. What is the profit per cent?
- 28.What is the simple interest on ₹8900 at 3% per year for 4 years (in ₹)?
- 29.What is 70% of 320?
- 30.A cycle bought for ₹200 is sold for ₹280. What is the profit per cent?
- 31.A table costs ₹400. It is sold at a 12% profit. What is the selling price (in ₹)?
- 32.What is 80% of 860?
- 33.The price of a pair of shoes changed from ₹80 to ₹72. What is the percentage decrease?
- 34.What is the simple interest on ₹9500 at 8% per year for 5 years (in ₹)?
- 35.The price of a bus pass changed from ₹50 to ₹49. What is the percentage decrease?
- 36.A fan bought for ₹900 is sold for ₹540. What is the loss per cent?
- 37.A mobile phone costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
- 38.What is 60% of 780?
- 39.What is 30% of 420?
- 40.A fan bought for ₹1300 is sold for ₹1690. What is the profit per cent?
Answer key
- 12
- 760
- 30
- 25
- 160
- 30
- 12
- 235
- 3515
- 180
- 90
- 182
- 1372
- 780
- 20
- 270
- 15
- 20
- 4290
- 200
- 10
- 260
- 1710
- 150
- 15
- 170
- 15
- 1068
- 224
- 40
- 448
- 688
- 10
- 3800
- 2
- 40
- 3145
- 468
- 126
- 30
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