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.What is the amount (principal + simple interest) on ₹8600 at 9% per year for 4 years (in ₹)?
- 2.A shopkeeper buys a watch for ₹2150 and sells it for ₹2030. What is the loss (in ₹)?
- 3.What is 55% of 260?
- 4.A fan costs ₹3100. It is sold at a 5% profit. What is the selling price (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹8100 at 12% per year for 2 years (in ₹)?
- 6.A fan costs ₹2800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 7.A cycle bought for ₹300 is sold for ₹264. What is the loss per cent?
- 8.A fan costs ₹600. It is sold at a 5% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹8700 at 5% per year for 3 years (in ₹)?
- 10.What is 15% of 900?
- 11.A mobile phone bought for ₹3500 is sold for ₹4200. What is the profit per cent?
- 12.A cooler costs ₹2400. It is sold at a 10% profit. What is the selling price (in ₹)?
- 13.A table costs ₹2500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 14.What is 60% of 440?
- 15.What is the amount (principal + simple interest) on ₹800 at 4% per year for 2 years (in ₹)?
- 16.What is 15% of 340?
- 17.A shopkeeper buys a watch for ₹600 and sells it for ₹380. What is the loss (in ₹)?
- 18.A shopkeeper buys a cycle for ₹450 and sells it for ₹480. What is the profit (in ₹)?
- 19.A cycle costs ₹2800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 20.What is the simple interest on ₹3100 at 4% per year for 2 years (in ₹)?
- 21.What is the simple interest on ₹7600 at 4% per year for 1 year (in ₹)?
- 22.A shopkeeper buys a sewing machine for ₹2850 and sells it for ₹2930. What is the profit (in ₹)?
- 23.A cycle costs ₹500. It is sold at a 15% loss. What is the selling price (in ₹)?
- 24.A shopkeeper buys a mobile phone for ₹650 and sells it for ₹550. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹6200 at 5% per year for 1 year (in ₹)?
- 26.What is 80% of 400?
- 27.A fan costs ₹1100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 28.A cricket kit costs ₹3000. It is sold at a 15% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a sewing machine for ₹2750 and sells it for ₹2550. What is the loss (in ₹)?
- 30.A watch costs ₹4000. It is sold at a 40% loss. What is the selling price (in ₹)?
- 31.A shopkeeper buys a cricket kit for ₹450 and sells it for ₹200. What is the loss (in ₹)?
- 32.A shopkeeper buys a cricket kit for ₹1900 and sells it for ₹2180. What is the profit (in ₹)?
- 33.The price of a box of mangoes changed from ₹20 to ₹25. What is the percentage increase?
- 34.The price of a school bag changed from ₹250 to ₹255. What is the percentage increase?
- 35.A shopkeeper buys a table for ₹850 and sells it for ₹810. What is the loss (in ₹)?
- 36.What is the simple interest on ₹1200 at 8% per year for 1 year (in ₹)?
- 37.A cricket kit costs ₹2100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 38.What is the simple interest on ₹2900 at 10% per year for 4 years (in ₹)?
- 39.A shopkeeper buys a cooler for ₹2950 and sells it for ₹3060. What is the profit (in ₹)?
- 40.A cycle costs ₹3600. It is sold at a 50% profit. What is the selling price (in ₹)?
Answer key
- 11696
- 120
- 143
- 3255
- 10044
- 3360
- 12
- 570
- 10005
- 135
- 20
- 2640
- 1875
- 264
- 864
- 51
- 220
- 30
- 3360
- 248
- 304
- 80
- 425
- 100
- 6510
- 320
- 880
- 3450
- 200
- 2400
- 250
- 280
- 25
- 2
- 40
- 96
- 1680
- 1160
- 110
- 5400
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