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 table costs ₹4000. It is sold at a 25% loss. What is the selling price (in ₹)?
- 2.A table bought for ₹1400 is sold for ₹1680. What is the profit per cent?
- 3.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹850. What is the profit (in ₹)?
- 4.What is 90% of 360?
- 5.The price of a box of mangoes changed from ₹25 to ₹20. What is the percentage decrease?
- 6.A fan bought for ₹1200 is sold for ₹960. What is the loss per cent?
- 7.What is the amount (principal + simple interest) on ₹6300 at 5% per year for 2 years (in ₹)?
- 8.What is 5% of 80?
- 9.A shopkeeper buys a fan for ₹200 and sells it for ₹330. What is the profit (in ₹)?
- 10.A shopkeeper buys a cricket kit for ₹2500 and sells it for ₹2620. What is the profit (in ₹)?
- 11.A cricket kit costs ₹1700. It is sold at a 40% loss. What is the selling price (in ₹)?
- 12.What is 25% of 700?
- 13.What is 70% of 340?
- 14.The price of a box of mangoes changed from ₹25 to ₹35. What is the percentage increase?
- 15.The price of a school bag changed from ₹80 to ₹88. What is the percentage increase?
- 16.What is the amount (principal + simple interest) on ₹9800 at 3% per year for 3 years (in ₹)?
- 17.What is 30% of 460?
- 18.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?
- 19.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹1100. What is the profit (in ₹)?
- 20.What is 70% of 360?
- 21.A shopkeeper buys a sewing machine for ₹1800 and sells it for ₹1910. What is the profit (in ₹)?
- 22.A table costs ₹1300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 23.A shopkeeper buys a mobile phone for ₹1250 and sells it for ₹1310. What is the profit (in ₹)?
- 24.A watch bought for ₹1300 is sold for ₹1170. What is the loss per cent?
- 25.A cricket kit costs ₹1900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 26.What is the simple interest on ₹2800 at 3% per year for 2 years (in ₹)?
- 27.A shopkeeper buys a cycle for ₹2700 and sells it for ₹2520. What is the loss (in ₹)?
- 28.A mobile phone bought for ₹1600 is sold for ₹1120. What is the loss per cent?
- 29.What is the amount (principal + simple interest) on ₹10000 at 9% per year for 2 years (in ₹)?
- 30.A shopkeeper buys a cycle for ₹1750 and sells it for ₹1510. What is the loss (in ₹)?
- 31.A shopkeeper buys a watch for ₹950 and sells it for ₹1240. What is the profit (in ₹)?
- 32.What is 45% of 580?
- 33.What is 15% of 720?
- 34.A table costs ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 35.A watch bought for ₹1800 is sold for ₹2250. What is the profit per cent?
- 36.A cricket kit bought for ₹500 is sold for ₹560. What is the profit per cent?
- 37.What is 65% of 720?
- 38.What is 40% of 580?
- 39.What is the amount (principal + simple interest) on ₹1500 at 5% per year for 1 year (in ₹)?
- 40.A shopkeeper buys a cooler for ₹1150 and sells it for ₹1230. What is the profit (in ₹)?
Answer key
- 3000
- 20
- 300
- 324
- 20
- 20
- 6930
- 4
- 130
- 120
- 1020
- 175
- 238
- 40
- 10
- 10682
- 138
- 2
- 250
- 252
- 110
- 1690
- 60
- 10
- 1805
- 168
- 180
- 30
- 11800
- 240
- 290
- 261
- 108
- 630
- 25
- 12
- 468
- 232
- 1575
- 80
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