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 watch bought for ₹1000 is sold for ₹500. What is the loss per cent?
- 2.What is the simple interest on ₹7200 at 12% per year for 4 years (in ₹)?
- 3.What is the simple interest on ₹8800 at 6% per year for 3 years (in ₹)?
- 4.A sewing machine bought for ₹3400 is sold for ₹1700. What is the loss per cent?
- 5.What is the amount (principal + simple interest) on ₹4200 at 4% per year for 3 years (in ₹)?
- 6.A shopkeeper buys a fan for ₹1050 and sells it for ₹1060. What is the profit (in ₹)?
- 7.A sewing machine costs ₹1300. It is sold at a 20% loss. What is the selling price (in ₹)?
- 8.What is the amount (principal + simple interest) on ₹4500 at 8% per year for 1 year (in ₹)?
- 9.What is 55% of 460?
- 10.A cricket kit bought for ₹1500 is sold for ₹1800. What is the profit per cent?
- 11.The price of a water bottle changed from ₹20 to ₹22. What is the percentage increase?
- 12.A shopkeeper buys a fan for ₹2150 and sells it for ₹2200. What is the profit (in ₹)?
- 13.What is 30% of 660?
- 14.What is the amount (principal + simple interest) on ₹5200 at 10% per year for 3 years (in ₹)?
- 15.What is 10% of 320?
- 16.A mobile phone costs ₹800. It is sold at a 15% profit. What is the selling price (in ₹)?
- 17.The price of a school bag changed from ₹80 to ₹32. What is the percentage decrease?
- 18.What is 75% of 260?
- 19.A cricket kit costs ₹4000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 20.What is 35% of 780?
- 21.What is the simple interest on ₹2400 at 7% per year for 1 year (in ₹)?
- 22.What is 15% of 40?
- 23.A shopkeeper buys a table for ₹2050 and sells it for ₹2080. What is the profit (in ₹)?
- 24.What is the simple interest on ₹1300 at 5% per year for 4 years (in ₹)?
- 25.The price of a pair of shoes changed from ₹25 to ₹5. What is the percentage decrease?
- 26.What is the simple interest on ₹5900 at 8% per year for 5 years (in ₹)?
- 27.A table costs ₹2300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 28.What is 80% of 500?
- 29.What is 90% of 600?
- 30.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 31.A watch costs ₹1800. It is sold at a 40% loss. What is the selling price (in ₹)?
- 32.A sewing machine bought for ₹2200 is sold for ₹1980. What is the loss per cent?
- 33.A watch bought for ₹2100 is sold for ₹2520. What is the profit per cent?
- 34.What is the amount (principal + simple interest) on ₹4700 at 8% per year for 2 years (in ₹)?
- 35.A table bought for ₹800 is sold for ₹896. What is the profit per cent?
- 36.A fan bought for ₹900 is sold for ₹990. What is the profit per cent?
- 37.A table bought for ₹1100 is sold for ₹660. What is the loss per cent?
- 38.What is the simple interest on ₹5300 at 5% per year for 5 years (in ₹)?
- 39.A watch costs ₹800. It is sold at a 30% profit. What is the selling price (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹7700 at 11% per year for 1 year (in ₹)?
Answer key
- 50
- 3456
- 1584
- 50
- 4704
- 10
- 1040
- 4860
- 253
- 20
- 10
- 50
- 198
- 6760
- 32
- 920
- 60
- 195
- 5000
- 273
- 168
- 6
- 30
- 260
- 80
- 2360
- 2990
- 400
- 540
- 20
- 1080
- 10
- 20
- 5452
- 12
- 10
- 40
- 1325
- 1040
- 8547
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