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 bought for ₹1800 is sold for ₹1620. What is the loss per cent?
- 2.A shopkeeper buys a table for ₹2650 and sells it for ₹2710. What is the profit (in ₹)?
- 3.The price of a cricket ball changed from ₹100 to ₹190. What is the percentage increase?
- 4.A cricket kit costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 5.The price of a school bag changed from ₹20 to ₹32. What is the percentage increase?
- 6.What is the simple interest on ₹6700 at 2% per year for 3 years (in ₹)?
- 7.What is 15% of 900?
- 8.A shopkeeper buys a fan for ₹2550 and sells it for ₹2630. What is the profit (in ₹)?
- 9.What is the simple interest on ₹5800 at 9% per year for 5 years (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹2400 at 2% per year for 3 years (in ₹)?
- 11.A cricket kit costs ₹2900. It is sold at a 12% profit. What is the selling price (in ₹)?
- 12.A cycle bought for ₹1400 is sold for ₹840. What is the loss per cent?
- 13.What is the amount (principal + simple interest) on ₹5700 at 10% per year for 3 years (in ₹)?
- 14.What is 60% of 320?
- 15.What is 40% of 500?
- 16.What is the simple interest on ₹2300 at 2% per year for 2 years (in ₹)?
- 17.The price of a school bag changed from ₹100 to ₹102. What is the percentage increase?
- 18.The price of a school bag changed from ₹20 to ₹22. What is the percentage increase?
- 19.A table costs ₹500. It is sold at a 5% profit. What is the selling price (in ₹)?
- 20.A cycle bought for ₹1300 is sold for ₹1560. What is the profit per cent?
- 21.What is 55% of 480?
- 22.A shopkeeper buys a table for ₹3000 and sells it for ₹2810. What is the loss (in ₹)?
- 23.A cricket kit bought for ₹4000 is sold for ₹5000. What is the profit per cent?
- 24.What is the simple interest on ₹2700 at 11% per year for 4 years (in ₹)?
- 25.A cricket kit bought for ₹1100 is sold for ₹880. What is the loss per cent?
- 26.What is the amount (principal + simple interest) on ₹2200 at 8% per year for 3 years (in ₹)?
- 27.A shopkeeper buys a mobile phone for ₹1650 and sells it for ₹1940. What is the profit (in ₹)?
- 28.What is the simple interest on ₹5700 at 8% per year for 1 year (in ₹)?
- 29.What is 10% of 520?
- 30.A shopkeeper buys a sewing machine for ₹2150 and sells it for ₹2260. What is the profit (in ₹)?
- 31.A shopkeeper buys a table for ₹400 and sells it for ₹410. What is the profit (in ₹)?
- 32.A cricket kit bought for ₹1900 is sold for ₹2185. What is the profit per cent?
- 33.The price of a pair of shoes changed from ₹80 to ₹8. What is the percentage decrease?
- 34.What is the amount (principal + simple interest) on ₹9200 at 2% per year for 1 year (in ₹)?
- 35.What is 25% of 960?
- 36.A cooler costs ₹300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 37.The price of a school bag changed from ₹50 to ₹35. What is the percentage decrease?
- 38.A shopkeeper buys a cooler for ₹350 and sells it for ₹420. What is the profit (in ₹)?
- 39.The price of a cricket ball changed from ₹20 to ₹36. What is the percentage increase?
- 40.A shopkeeper buys a fan for ₹200 and sells it for ₹110. What is the loss (in ₹)?
Answer key
- 10
- 60
- 90
- 525
- 60
- 402
- 135
- 80
- 2610
- 2544
- 3248
- 40
- 7410
- 192
- 200
- 92
- 2
- 10
- 525
- 20
- 264
- 190
- 25
- 1188
- 20
- 2728
- 290
- 456
- 52
- 110
- 10
- 15
- 90
- 9384
- 240
- 336
- 30
- 70
- 80
- 90
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