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 costs ₹1600. It is sold at a 40% profit. What is the selling price (in ₹)?
- 2.What is 15% of 960?
- 3.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 4.What is the amount (principal + simple interest) on ₹2000 at 5% per year for 2 years (in ₹)?
- 5.A shopkeeper buys a fan for ₹1900 and sells it for ₹1910. What is the profit (in ₹)?
- 6.A sewing machine bought for ₹1300 is sold for ₹1170. What is the loss per cent?
- 7.A watch costs ₹3600. It is sold at a 15% profit. What is the selling price (in ₹)?
- 8.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹980. What is the profit (in ₹)?
- 9.The price of a bus pass changed from ₹400 to ₹600. What is the percentage increase?
- 10.The price of a pair of shoes changed from ₹200 to ₹360. What is the percentage increase?
- 11.A mobile phone costs ₹3600. It is sold at a 30% loss. What is the selling price (in ₹)?
- 12.A fan bought for ₹2900 is sold for ₹3248. What is the profit per cent?
- 13.What is the amount (principal + simple interest) on ₹3500 at 2% per year for 1 year (in ₹)?
- 14.A fan costs ₹2300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 15.A cycle bought for ₹1700 is sold for ₹1615. What is the loss per cent?
- 16.A cycle bought for ₹1200 is sold for ₹1380. What is the profit per cent?
- 17.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹60. What is the loss (in ₹)?
- 18.A shopkeeper buys a mobile phone for ₹1850 and sells it for ₹2050. What is the profit (in ₹)?
- 19.A watch bought for ₹400 is sold for ₹440. What is the profit per cent?
- 20.What is 75% of 340?
- 21.What is the amount (principal + simple interest) on ₹8900 at 4% per year for 1 year (in ₹)?
- 22.The price of a cricket ball changed from ₹20 to ₹26. What is the percentage increase?
- 23.A shopkeeper buys a table for ₹1900 and sells it for ₹1660. What is the loss (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹5800 at 2% per year for 4 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹2900 at 12% per year for 1 year (in ₹)?
- 26.What is 20% of 80?
- 27.What is 60% of 180?
- 28.What is 30% of 940?
- 29.A shopkeeper buys a cycle for ₹450 and sells it for ₹540. What is the profit (in ₹)?
- 30.A cooler bought for ₹3700 is sold for ₹4810. What is the profit per cent?
- 31.A cricket kit bought for ₹500 is sold for ₹525. What is the profit per cent?
- 32.A watch bought for ₹400 is sold for ₹200. What is the loss per cent?
- 33.What is 20% of 540?
- 34.A shopkeeper buys a watch for ₹3000 and sells it for ₹2880. What is the loss (in ₹)?
- 35.What is the simple interest on ₹2300 at 5% per year for 2 years (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹5000 at 12% per year for 2 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹4600 at 5% per year for 2 years (in ₹)?
- 38.A fan costs ₹2800. It is sold at a 10% profit. What is the selling price (in ₹)?
- 39.The price of a water bottle changed from ₹20 to ₹15. What is the percentage decrease?
- 40.What is the amount (principal + simple interest) on ₹8100 at 5% per year for 2 years (in ₹)?
Answer key
- 2240
- 144
- 20
- 2200
- 10
- 10
- 4140
- 280
- 50
- 80
- 2520
- 12
- 3570
- 1840
- 5
- 15
- 240
- 200
- 10
- 255
- 9256
- 30
- 240
- 6264
- 3248
- 16
- 108
- 282
- 90
- 30
- 5
- 50
- 108
- 120
- 230
- 6200
- 5060
- 3080
- 25
- 8910
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