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 fan costs ₹2000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹1200 and sells it for ₹1270. What is the profit (in ₹)?
- 3.A shopkeeper buys a sewing machine for ₹650 and sells it for ₹730. What is the profit (in ₹)?
- 4.A cycle costs ₹2500. It is sold at a 50% profit. What is the selling price (in ₹)?
- 5.What is the simple interest on ₹1900 at 11% per year for 1 year (in ₹)?
- 6.A cycle bought for ₹600 is sold for ₹540. What is the loss per cent?
- 7.The price of a bus pass changed from ₹40 to ₹52. What is the percentage increase?
- 8.What is the simple interest on ₹2100 at 4% per year for 3 years (in ₹)?
- 9.A cooler costs ₹400. It is sold at a 50% profit. What is the selling price (in ₹)?
- 10.What is the simple interest on ₹1400 at 2% per year for 3 years (in ₹)?
- 11.What is the amount (principal + simple interest) on ₹6900 at 2% per year for 2 years (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 4 years (in ₹)?
- 13.A shopkeeper buys a sewing machine for ₹1700 and sells it for ₹1780. What is the profit (in ₹)?
- 14.What is 80% of 380?
- 15.A cooler bought for ₹2400 is sold for ₹3120. What is the profit per cent?
- 16.What is 30% of 440?
- 17.The price of a water bottle changed from ₹500 to ₹300. What is the percentage decrease?
- 18.A cycle bought for ₹3500 is sold for ₹3850. What is the profit per cent?
- 19.A cricket kit bought for ₹3400 is sold for ₹4420. What is the profit per cent?
- 20.A watch bought for ₹3300 is sold for ₹3960. What is the profit per cent?
- 21.A cycle bought for ₹900 is sold for ₹1008. What is the profit per cent?
- 22.A shopkeeper buys a mobile phone for ₹2200 and sells it for ₹2230. What is the profit (in ₹)?
- 23.The price of a cricket ball changed from ₹200 to ₹198. What is the percentage decrease?
- 24.A shopkeeper buys a fan for ₹2600 and sells it for ₹2380. What is the loss (in ₹)?
- 25.A fan costs ₹3200. It is sold at a 40% profit. What is the selling price (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹6100 at 2% per year for 3 years (in ₹)?
- 27.A cycle bought for ₹700 is sold for ₹980. What is the profit per cent?
- 28.A fan bought for ₹3900 is sold for ₹5850. What is the profit per cent?
- 29.What is the simple interest on ₹7200 at 4% per year for 4 years (in ₹)?
- 30.The price of a water bottle changed from ₹250 to ₹350. What is the percentage increase?
- 31.A fan bought for ₹1200 is sold for ₹1380. What is the profit per cent?
- 32.A watch costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 33.A table costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 34.What is the amount (principal + simple interest) on ₹5700 at 7% per year for 1 year (in ₹)?
- 35.A shopkeeper buys a cycle for ₹550 and sells it for ₹840. What is the profit (in ₹)?
- 36.A table bought for ₹2300 is sold for ₹1955. What is the loss per cent?
- 37.What is 60% of 540?
- 38.What is the simple interest on ₹1400 at 12% per year for 2 years (in ₹)?
- 39.What is 35% of 220?
- 40.The price of a cricket ball changed from ₹50 to ₹51. What is the percentage increase?
Answer key
- 1800
- 70
- 80
- 3750
- 209
- 10
- 30
- 252
- 600
- 84
- 7176
- 3240
- 80
- 304
- 30
- 132
- 40
- 10
- 30
- 20
- 12
- 30
- 1
- 220
- 4480
- 6466
- 40
- 50
- 1152
- 40
- 15
- 960
- 2625
- 6099
- 290
- 15
- 324
- 336
- 77
- 2
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