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 cooler for ₹1850 and sells it for ₹1990. What is the profit (in ₹)?
- 2.What is the amount (principal + simple interest) on ₹2300 at 6% per year for 3 years (in ₹)?
- 3.A table costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 4.What is 75% of 200?
- 5.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 5 years (in ₹)?
- 6.A shopkeeper buys a cooler for ₹1200 and sells it for ₹1270. What is the profit (in ₹)?
- 7.What is 45% of 880?
- 8.A shopkeeper buys a cycle for ₹1500 and sells it for ₹1430. What is the loss (in ₹)?
- 9.A shopkeeper buys a fan for ₹2050 and sells it for ₹2340. What is the profit (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹4300 at 3% per year for 1 year (in ₹)?
- 11.A cricket kit bought for ₹1400 is sold for ₹1610. What is the profit per cent?
- 12.A table bought for ₹4000 is sold for ₹3400. What is the loss per cent?
- 13.What is the amount (principal + simple interest) on ₹6800 at 3% per year for 1 year (in ₹)?
- 14.A sewing machine costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
- 15.The price of a water bottle changed from ₹50 to ₹65. What is the percentage increase?
- 16.What is the simple interest on ₹5400 at 4% per year for 2 years (in ₹)?
- 17.The price of a cricket ball changed from ₹200 to ₹240. What is the percentage increase?
- 18.What is 65% of 600?
- 19.What is the simple interest on ₹5400 at 2% per year for 1 year (in ₹)?
- 20.A watch costs ₹2400. It is sold at a 50% loss. What is the selling price (in ₹)?
- 21.A mobile phone bought for ₹1500 is sold for ₹750. What is the loss per cent?
- 22.What is 75% of 340?
- 23.The price of a school bag changed from ₹40 to ₹50. What is the percentage increase?
- 24.What is 85% of 160?
- 25.What is 95% of 360?
- 26.What is the amount (principal + simple interest) on ₹6300 at 12% per year for 5 years (in ₹)?
- 27.A fan costs ₹1400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 28.A shopkeeper buys a fan for ₹550 and sells it for ₹350. What is the loss (in ₹)?
- 29.What is 25% of 460?
- 30.What is the simple interest on ₹2500 at 4% per year for 1 year (in ₹)?
- 31.A cycle costs ₹4000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 32.What is the simple interest on ₹2000 at 8% per year for 1 year (in ₹)?
- 33.A cooler bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 34.A shopkeeper buys a sewing machine for ₹500 and sells it for ₹710. What is the profit (in ₹)?
- 35.What is 5% of 440?
- 36.A shopkeeper buys a cooler for ₹2600 and sells it for ₹2530. What is the loss (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹3000 at 6% per year for 4 years (in ₹)?
- 38.The price of a bus pass changed from ₹80 to ₹112. What is the percentage increase?
- 39.A table costs ₹1500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 40.A fan costs ₹2500. It is sold at a 12% profit. What is the selling price (in ₹)?
Answer key
- 140
- 2714
- 3450
- 150
- 10875
- 70
- 396
- 70
- 290
- 4429
- 15
- 15
- 7004
- 300
- 30
- 432
- 20
- 390
- 108
- 1200
- 50
- 255
- 25
- 136
- 342
- 10080
- 1820
- 200
- 115
- 100
- 2800
- 160
- 25
- 210
- 22
- 70
- 3720
- 40
- 2250
- 2800
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