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 mobile phone costs ₹800. It is sold at a 20% profit. What is the selling price (in ₹)?
- 2.A shopkeeper buys a table for ₹2350 and sells it for ₹2290. What is the loss (in ₹)?
- 3.A table costs ₹500. It is sold at a 12% profit. What is the selling price (in ₹)?
- 4.What is 70% of 920?
- 5.A shopkeeper buys a watch for ₹1250 and sells it for ₹1510. What is the profit (in ₹)?
- 6.What is 35% of 780?
- 7.What is the amount (principal + simple interest) on ₹5500 at 8% per year for 4 years (in ₹)?
- 8.A mobile phone bought for ₹2100 is sold for ₹1995. What is the loss per cent?
- 9.The price of a school bag changed from ₹500 to ₹505. What is the percentage increase?
- 10.What is the simple interest on ₹4800 at 12% per year for 4 years (in ₹)?
- 11.A table costs ₹200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 12.A cricket kit bought for ₹2600 is sold for ₹1820. What is the loss per cent?
- 13.A fan bought for ₹2200 is sold for ₹2310. What is the profit per cent?
- 14.What is the simple interest on ₹8600 at 9% per year for 2 years (in ₹)?
- 15.What is the amount (principal + simple interest) on ₹5200 at 12% per year for 5 years (in ₹)?
- 16.The price of a water bottle changed from ₹20 to ₹22. What is the percentage increase?
- 17.What is the simple interest on ₹8600 at 2% per year for 4 years (in ₹)?
- 18.The price of a bus pass changed from ₹80 to ₹144. What is the percentage increase?
- 19.A shopkeeper buys a table for ₹500 and sells it for ₹750. What is the profit (in ₹)?
- 20.What is the simple interest on ₹3200 at 2% per year for 1 year (in ₹)?
- 21.What is 25% of 960?
- 22.A shopkeeper buys a cooler for ₹3000 and sells it for ₹2910. What is the loss (in ₹)?
- 23.A watch costs ₹800. It is sold at a 10% loss. What is the selling price (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹5500 at 12% per year for 5 years (in ₹)?
- 25.What is the simple interest on ₹4500 at 8% per year for 4 years (in ₹)?
- 26.What is the simple interest on ₹7500 at 8% per year for 5 years (in ₹)?
- 27.What is the amount (principal + simple interest) on ₹3600 at 3% per year for 1 year (in ₹)?
- 28.What is 85% of 440?
- 29.A shopkeeper buys a sewing machine for ₹750 and sells it for ₹520. What is the loss (in ₹)?
- 30.What is 25% of 80?
- 31.What is the simple interest on ₹5400 at 8% per year for 5 years (in ₹)?
- 32.A mobile phone bought for ₹3600 is sold for ₹4032. What is the profit per cent?
- 33.A cycle costs ₹300. It is sold at a 30% profit. What is the selling price (in ₹)?
- 34.What is 20% of 100?
- 35.The price of a school bag changed from ₹50 to ₹55. What is the percentage increase?
- 36.What is 65% of 160?
- 37.What is the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
- 38.What is the simple interest on ₹3000 at 11% per year for 5 years (in ₹)?
- 39.A shopkeeper buys a fan for ₹450 and sells it for ₹410. What is the loss (in ₹)?
- 40.A cooler costs ₹2700. It is sold at a 5% loss. What is the selling price (in ₹)?
Answer key
- 960
- 60
- 560
- 644
- 260
- 273
- 7260
- 5
- 1
- 2304
- 180
- 30
- 5
- 1548
- 8320
- 10
- 688
- 80
- 250
- 64
- 240
- 90
- 720
- 8800
- 1440
- 3000
- 3708
- 374
- 230
- 20
- 2160
- 12
- 390
- 20
- 10
- 104
- 1800
- 1650
- 40
- 2565
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