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 simple interest on ₹4900 at 6% per year for 1 year (in ₹)?
- 2.A mobile phone bought for ₹2700 is sold for ₹2295. What is the loss per cent?
- 3.What is the simple interest on ₹4000 at 6% per year for 2 years (in ₹)?
- 4.A table bought for ₹700 is sold for ₹1050. What is the profit per cent?
- 5.A shopkeeper buys a cooler for ₹2850 and sells it for ₹2910. What is the profit (in ₹)?
- 6.A cycle costs ₹2700. It is sold at a 25% loss. What is the selling price (in ₹)?
- 7.The price of a school bag changed from ₹200 to ₹140. What is the percentage decrease?
- 8.A cycle costs ₹3100. It is sold at a 15% loss. What is the selling price (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹2300 at 5% per year for 2 years (in ₹)?
- 10.A shopkeeper buys a sewing machine for ₹450 and sells it for ₹740. What is the profit (in ₹)?
- 11.A table bought for ₹2800 is sold for ₹3640. What is the profit per cent?
- 12.The price of a school bag changed from ₹500 to ₹510. What is the percentage increase?
- 13.What is the simple interest on ₹5000 at 7% per year for 2 years (in ₹)?
- 14.The price of a bus pass changed from ₹100 to ₹25. What is the percentage decrease?
- 15.A shopkeeper buys a cooler for ₹400 and sells it for ₹470. What is the profit (in ₹)?
- 16.A cycle costs ₹2800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 17.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
- 18.The price of a pair of shoes changed from ₹200 to ₹202. What is the percentage increase?
- 19.A shopkeeper buys a cycle for ₹550 and sells it for ₹670. What is the profit (in ₹)?
- 20.A cycle bought for ₹1900 is sold for ₹2128. What is the profit per cent?
- 21.The price of a pair of shoes changed from ₹250 to ₹50. What is the percentage decrease?
- 22.A cycle bought for ₹2700 is sold for ₹1350. What is the loss per cent?
- 23.What is 5% of 100?
- 24.What is 95% of 860?
- 25.What is the amount (principal + simple interest) on ₹4500 at 5% per year for 1 year (in ₹)?
- 26.A fan bought for ₹1000 is sold for ₹1150. What is the profit per cent?
- 27.A sewing machine bought for ₹900 is sold for ₹1350. What is the profit per cent?
- 28.What is 45% of 240?
- 29.What is 30% of 220?
- 30.What is the simple interest on ₹7400 at 6% per year for 3 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹7700 at 6% per year for 3 years (in ₹)?
- 32.What is the simple interest on ₹2100 at 9% per year for 3 years (in ₹)?
- 33.The price of a school bag changed from ₹80 to ₹140. What is the percentage increase?
- 34.A shopkeeper buys a mobile phone for ₹1450 and sells it for ₹1230. What is the loss (in ₹)?
- 35.What is the amount (principal + simple interest) on ₹2000 at 6% per year for 1 year (in ₹)?
- 36.A sewing machine bought for ₹600 is sold for ₹900. What is the profit per cent?
- 37.What is the amount (principal + simple interest) on ₹8000 at 2% per year for 1 year (in ₹)?
- 38.A fan costs ₹3100. It is sold at a 20% loss. What is the selling price (in ₹)?
- 39.A cooler bought for ₹1000 is sold for ₹700. What is the loss per cent?
- 40.A cricket kit costs ₹2500. It is sold at a 40% loss. What is the selling price (in ₹)?
Answer key
- 294
- 15
- 480
- 50
- 60
- 2025
- 30
- 2635
- 2530
- 290
- 30
- 2
- 700
- 75
- 70
- 4200
- 80
- 1
- 120
- 12
- 80
- 50
- 5
- 817
- 4725
- 15
- 50
- 108
- 66
- 1332
- 9086
- 567
- 75
- 220
- 2120
- 50
- 8160
- 2480
- 30
- 1500
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