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 cycle bought for ₹3800 is sold for ₹3420. What is the loss per cent?
- 2.A shopkeeper buys a cricket kit for ₹2300 and sells it for ₹2540. What is the profit (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹2400 at 12% per year for 5 years (in ₹)?
- 4.What is 15% of 60?
- 5.What is 45% of 280?
- 6.The price of a water bottle changed from ₹500 to ₹650. What is the percentage increase?
- 7.A cricket kit costs ₹2800. It is sold at a 25% profit. What is the selling price (in ₹)?
- 8.A shopkeeper buys a table for ₹450 and sells it for ₹240. What is the loss (in ₹)?
- 9.A table bought for ₹1300 is sold for ₹1365. What is the profit per cent?
- 10.What is 20% of 180?
- 11.What is the simple interest on ₹3900 at 6% per year for 3 years (in ₹)?
- 12.A fan costs ₹800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 13.What is the amount (principal + simple interest) on ₹5100 at 10% per year for 2 years (in ₹)?
- 14.What is the simple interest on ₹5400 at 3% per year for 1 year (in ₹)?
- 15.What is 95% of 160?
- 16.What is the simple interest on ₹2900 at 9% per year for 1 year (in ₹)?
- 17.A shopkeeper buys a table for ₹600 and sells it for ₹840. What is the profit (in ₹)?
- 18.What is the amount (principal + simple interest) on ₹7000 at 3% per year for 3 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹2300 at 9% per year for 3 years (in ₹)?
- 20.The price of a cricket ball changed from ₹25 to ₹15. What is the percentage decrease?
- 21.A fan costs ₹2600. It is sold at a 12% loss. What is the selling price (in ₹)?
- 22.What is the amount (principal + simple interest) on ₹5200 at 4% per year for 5 years (in ₹)?
- 23.What is 80% of 620?
- 24.A cricket kit bought for ₹2500 is sold for ₹2125. What is the loss per cent?
- 25.What is the amount (principal + simple interest) on ₹7400 at 2% per year for 1 year (in ₹)?
- 26.What is 10% of 820?
- 27.A cooler bought for ₹3000 is sold for ₹3150. What is the profit per cent?
- 28.A shopkeeper buys a cricket kit for ₹600 and sells it for ₹660. What is the profit (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6800 at 12% per year for 2 years (in ₹)?
- 30.What is the simple interest on ₹4400 at 7% per year for 1 year (in ₹)?
- 31.What is the simple interest on ₹4900 at 3% per year for 1 year (in ₹)?
- 32.A table bought for ₹1500 is sold for ₹1725. What is the profit per cent?
- 33.A cycle costs ₹3800. It is sold at a 5% profit. What is the selling price (in ₹)?
- 34.The price of a school bag changed from ₹100 to ₹130. What is the percentage increase?
- 35.The price of a pair of shoes changed from ₹80 to ₹128. What is the percentage increase?
- 36.A shopkeeper buys a mobile phone for ₹950 and sells it for ₹1050. What is the profit (in ₹)?
- 37.A shopkeeper buys a mobile phone for ₹2600 and sells it for ₹2610. What is the profit (in ₹)?
- 38.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹2120. What is the profit (in ₹)?
- 39.What is 90% of 540?
- 40.A mobile phone costs ₹1200. It is sold at a 12% loss. What is the selling price (in ₹)?
Answer key
- 10
- 240
- 3840
- 9
- 126
- 30
- 3500
- 210
- 5
- 36
- 702
- 840
- 6120
- 162
- 152
- 261
- 240
- 7630
- 2921
- 40
- 2288
- 6240
- 496
- 15
- 7548
- 82
- 5
- 60
- 8432
- 308
- 147
- 15
- 3990
- 30
- 60
- 100
- 10
- 220
- 486
- 1056
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