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 ₹1800. What is the loss (in ₹)?
- 2.What is 45% of 540?
- 3.A cooler costs ₹3500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 4.What is the amount (principal + simple interest) on ₹4300 at 5% per year for 4 years (in ₹)?
- 5.A shopkeeper buys a table for ₹2100 and sells it for ₹2040. What is the loss (in ₹)?
- 6.A watch costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹1400 at 3% per year for 5 years (in ₹)?
- 8.A sewing machine costs ₹900. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹5000 at 11% per year for 1 year (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹5600 at 3% per year for 4 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹5400 at 3% per year for 4 years (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹1100 at 9% per year for 2 years (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹5500 at 10% per year for 5 years (in ₹)?
- 14.A cricket kit bought for ₹2200 is sold for ₹2420. What is the profit per cent?
- 15.A cycle costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 16.The price of a box of mangoes changed from ₹40 to ₹48. What is the percentage increase?
- 17.A watch costs ₹3500. It is sold at a 15% profit. What is the selling price (in ₹)?
- 18.A sewing machine costs ₹2500. It is sold at a 30% loss. What is the selling price (in ₹)?
- 19.What is 40% of 960?
- 20.A fan costs ₹3600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 21.What is the amount (principal + simple interest) on ₹9100 at 9% per year for 3 years (in ₹)?
- 22.A shopkeeper buys a cricket kit for ₹2650 and sells it for ₹2710. What is the profit (in ₹)?
- 23.The price of a school bag changed from ₹20 to ₹10. What is the percentage decrease?
- 24.The price of a bus pass changed from ₹250 to ₹325. What is the percentage increase?
- 25.A cooler bought for ₹1300 is sold for ₹780. What is the loss per cent?
- 26.A shopkeeper buys a fan for ₹1450 and sells it for ₹1380. What is the loss (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹8600 at 12% per year for 3 years (in ₹)?
- 28.A shopkeeper buys a watch for ₹1250 and sells it for ₹1030. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹4800 at 12% per year for 3 years (in ₹)?
- 30.A watch costs ₹1100. It is sold at a 20% profit. What is the selling price (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹7600 at 3% per year for 1 year (in ₹)?
- 32.A sewing machine costs ₹3800. It is sold at a 5% loss. What is the selling price (in ₹)?
- 33.What is 10% of 360?
- 34.The price of a school bag changed from ₹40 to ₹28. What is the percentage decrease?
- 35.A sewing machine bought for ₹3800 is sold for ₹4940. What is the profit per cent?
- 36.What is 15% of 480?
- 37.What is the simple interest on ₹9100 at 10% per year for 2 years (in ₹)?
- 38.The price of a box of mangoes changed from ₹400 to ₹320. What is the percentage decrease?
- 39.A table bought for ₹1800 is sold for ₹1260. What is the loss per cent?
- 40.The price of a water bottle changed from ₹50 to ₹55. What is the percentage increase?
Answer key
- 50
- 243
- 3920
- 5160
- 60
- 1040
- 1610
- 855
- 5550
- 6272
- 6048
- 1298
- 8250
- 10
- 2480
- 20
- 4025
- 1750
- 384
- 4032
- 11557
- 60
- 50
- 30
- 40
- 70
- 11696
- 220
- 6528
- 1320
- 7828
- 3610
- 36
- 30
- 30
- 72
- 1820
- 20
- 30
- 10
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