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.The price of a pair of shoes changed from ₹40 to ₹44. What is the percentage increase?
- 2.A shopkeeper buys a sewing machine for ₹700 and sells it for ₹880. What is the profit (in ₹)?
- 3.A watch costs ₹2700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 4.The price of a pair of shoes changed from ₹250 to ₹300. What is the percentage increase?
- 5.What is 55% of 860?
- 6.A cooler costs ₹3000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹6400 at 11% per year for 1 year (in ₹)?
- 8.What is the simple interest on ₹8700 at 3% per year for 4 years (in ₹)?
- 9.The price of a school bag changed from ₹500 to ₹510. What is the percentage increase?
- 10.What is 40% of 720?
- 11.A sewing machine bought for ₹1300 is sold for ₹1430. What is the profit per cent?
- 12.What is the simple interest on ₹3700 at 9% per year for 3 years (in ₹)?
- 13.A shopkeeper buys a fan for ₹2200 and sells it for ₹2270. What is the profit (in ₹)?
- 14.A shopkeeper buys a sewing machine for ₹1100 and sells it for ₹1020. What is the loss (in ₹)?
- 15.A cycle bought for ₹3500 is sold for ₹2975. What is the loss per cent?
- 16.A shopkeeper buys a watch for ₹550 and sells it for ₹310. What is the loss (in ₹)?
- 17.What is 55% of 620?
- 18.What is 70% of 640?
- 19.A shopkeeper buys a fan for ₹1900 and sells it for ₹1970. What is the profit (in ₹)?
- 20.A fan costs ₹1900. It is sold at a 10% loss. What is the selling price (in ₹)?
- 21.What is 70% of 760?
- 22.A shopkeeper buys a sewing machine for ₹200 and sells it for ₹10. What is the loss (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹3900 at 10% per year for 4 years (in ₹)?
- 24.A cycle costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 25.The price of a school bag changed from ₹400 to ₹200. What is the percentage decrease?
- 26.What is the simple interest on ₹4000 at 8% per year for 3 years (in ₹)?
- 27.What is the simple interest on ₹5100 at 11% per year for 5 years (in ₹)?
- 28.A shopkeeper buys a fan for ₹2300 and sells it for ₹2090. What is the loss (in ₹)?
- 29.What is 25% of 500?
- 30.A cricket kit costs ₹1500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 31.A mobile phone bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 32.A shopkeeper buys a cooler for ₹2450 and sells it for ₹2360. What is the loss (in ₹)?
- 33.What is the amount (principal + simple interest) on ₹5900 at 2% per year for 2 years (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹8400 at 9% per year for 4 years (in ₹)?
- 35.A mobile phone costs ₹3400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹1600 at 3% per year for 4 years (in ₹)?
- 37.The price of a pair of shoes changed from ₹20 to ₹16. What is the percentage decrease?
- 38.What is the amount (principal + simple interest) on ₹4900 at 11% per year for 2 years (in ₹)?
- 39.A table bought for ₹3500 is sold for ₹3675. What is the profit per cent?
- 40.A watch costs ₹2200. It is sold at a 20% loss. What is the selling price (in ₹)?
Answer key
- 10
- 180
- 2970
- 20
- 473
- 2700
- 7104
- 1044
- 2
- 288
- 10
- 999
- 70
- 80
- 15
- 240
- 341
- 448
- 70
- 1710
- 532
- 190
- 5460
- 960
- 50
- 960
- 2805
- 210
- 125
- 1125
- 10
- 90
- 6136
- 11424
- 3740
- 1792
- 20
- 5978
- 5
- 1760
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