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.What is the amount (principal + simple interest) on ₹2100 at 4% per year for 2 years (in ₹)?
- 2.A shopkeeper buys a watch for ₹1300 and sells it for ₹1380. What is the profit (in ₹)?
- 3.A fan bought for ₹2600 is sold for ₹2340. What is the loss per cent?
- 4.A shopkeeper buys a cooler for ₹950 and sells it for ₹1070. What is the profit (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹600 at 3% per year for 2 years (in ₹)?
- 6.What is 45% of 160?
- 7.The price of a water bottle changed from ₹100 to ₹40. What is the percentage decrease?
- 8.A cooler costs ₹300. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.What is 15% of 220?
- 10.What is 20% of 800?
- 11.A shopkeeper buys a watch for ₹250 and sells it for ₹480. What is the profit (in ₹)?
- 12.A cooler costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 13.A shopkeeper buys a fan for ₹700 and sells it for ₹730. What is the profit (in ₹)?
- 14.A shopkeeper buys a cricket kit for ₹200 and sells it for ₹310. What is the profit (in ₹)?
- 15.The price of a box of mangoes changed from ₹200 to ₹280. What is the percentage increase?
- 16.A fan bought for ₹500 is sold for ₹700. What is the profit per cent?
- 17.A shopkeeper buys a cricket kit for ₹2800 and sells it for ₹2810. What is the profit (in ₹)?
- 18.What is the simple interest on ₹1100 at 4% per year for 4 years (in ₹)?
- 19.What is 40% of 840?
- 20.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹1870. What is the profit (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹8700 at 7% per year for 5 years (in ₹)?
- 22.A mobile phone bought for ₹1200 is sold for ₹1260. What is the profit per cent?
- 23.A shopkeeper buys a watch for ₹1550 and sells it for ₹1470. What is the loss (in ₹)?
- 24.What is 90% of 540?
- 25.A cycle bought for ₹700 is sold for ₹595. What is the loss per cent?
- 26.The price of a water bottle changed from ₹25 to ₹10. What is the percentage decrease?
- 27.What is the simple interest on ₹6200 at 7% per year for 3 years (in ₹)?
- 28.What is the simple interest on ₹6400 at 2% per year for 4 years (in ₹)?
- 29.A watch bought for ₹1100 is sold for ₹935. What is the loss per cent?
- 30.A sewing machine costs ₹4000. It is sold at a 15% loss. What is the selling price (in ₹)?
- 31.A cycle bought for ₹700 is sold for ₹560. What is the loss per cent?
- 32.The price of a school bag changed from ₹250 to ₹100. What is the percentage decrease?
- 33.What is 35% of 180?
- 34.A cycle bought for ₹2500 is sold for ₹2625. What is the profit per cent?
- 35.What is the amount (principal + simple interest) on ₹9800 at 9% per year for 1 year (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹7800 at 9% per year for 3 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹1500 at 9% per year for 4 years (in ₹)?
- 38.A table costs ₹3900. It is sold at a 5% profit. What is the selling price (in ₹)?
- 39.A fan costs ₹1800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 40.A shopkeeper buys a watch for ₹1550 and sells it for ₹1500. What is the loss (in ₹)?
Answer key
- 2268
- 80
- 10
- 120
- 636
- 72
- 60
- 285
- 33
- 160
- 230
- 1540
- 30
- 110
- 40
- 40
- 10
- 176
- 336
- 20
- 11745
- 5
- 80
- 486
- 15
- 60
- 1302
- 512
- 15
- 3400
- 20
- 60
- 63
- 5
- 10682
- 9906
- 2040
- 4095
- 2340
- 50
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