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 costs ₹1200. It is sold at a 5% profit. What is the selling price (in ₹)?
- 2.What is 35% of 300?
- 3.What is 35% of 200?
- 4.A watch costs ₹3000. It is sold at a 20% profit. What is the selling price (in ₹)?
- 5.A fan costs ₹3200. It is sold at a 5% loss. What is the selling price (in ₹)?
- 6.A mobile phone bought for ₹200 is sold for ₹230. What is the profit per cent?
- 7.The price of a bus pass changed from ₹100 to ₹140. What is the percentage increase?
- 8.What is the simple interest on ₹6800 at 4% per year for 2 years (in ₹)?
- 9.What is the simple interest on ₹2000 at 11% per year for 5 years (in ₹)?
- 10.A shopkeeper buys a cooler for ₹1550 and sells it for ₹1390. What is the loss (in ₹)?
- 11.A shopkeeper buys a table for ₹2900 and sells it for ₹3100. What is the profit (in ₹)?
- 12.A cycle bought for ₹2800 is sold for ₹3080. What is the profit per cent?
- 13.A sewing machine costs ₹1300. It is sold at a 25% loss. What is the selling price (in ₹)?
- 14.What is 55% of 860?
- 15.What is the simple interest on ₹5900 at 10% per year for 2 years (in ₹)?
- 16.A sewing machine bought for ₹3600 is sold for ₹5400. What is the profit per cent?
- 17.The price of a cricket ball changed from ₹40 to ₹56. What is the percentage increase?
- 18.The price of a pair of shoes changed from ₹100 to ₹102. What is the percentage increase?
- 19.The price of a box of mangoes changed from ₹20 to ₹8. What is the percentage decrease?
- 20.A shopkeeper buys a mobile phone for ₹2950 and sells it for ₹2850. What is the loss (in ₹)?
- 21.A shopkeeper buys a table for ₹450 and sells it for ₹700. What is the profit (in ₹)?
- 22.The price of a bus pass changed from ₹200 to ₹196. What is the percentage decrease?
- 23.A fan costs ₹2300. It is sold at a 50% profit. What is the selling price (in ₹)?
- 24.What is the amount (principal + simple interest) on ₹2300 at 5% per year for 5 years (in ₹)?
- 25.A cycle costs ₹2400. It is sold at a 5% profit. What is the selling price (in ₹)?
- 26.What is 80% of 440?
- 27.A shopkeeper buys a mobile phone for ₹700 and sells it for ₹850. What is the profit (in ₹)?
- 28.What is the simple interest on ₹4900 at 8% per year for 2 years (in ₹)?
- 29.A cooler costs ₹600. It is sold at a 10% loss. What is the selling price (in ₹)?
- 30.What is the simple interest on ₹9500 at 11% per year for 3 years (in ₹)?
- 31.A cycle bought for ₹3400 is sold for ₹2720. What is the loss per cent?
- 32.What is the simple interest on ₹7600 at 2% per year for 3 years (in ₹)?
- 33.A watch bought for ₹300 is sold for ₹315. What is the profit per cent?
- 34.A fan bought for ₹1700 is sold for ₹1496. What is the loss per cent?
- 35.The price of a bus pass changed from ₹200 to ₹40. What is the percentage decrease?
- 36.A cooler bought for ₹2300 is sold for ₹2875. What is the profit per cent?
- 37.A shopkeeper buys a table for ₹950 and sells it for ₹880. What is the loss (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹1300 at 11% per year for 4 years (in ₹)?
- 39.What is 45% of 980?
- 40.What is 25% of 800?
Answer key
- 1260
- 105
- 70
- 3600
- 3040
- 15
- 40
- 544
- 1100
- 160
- 200
- 10
- 975
- 473
- 1180
- 50
- 40
- 2
- 60
- 100
- 250
- 2
- 3450
- 2875
- 2520
- 352
- 150
- 784
- 540
- 3135
- 20
- 456
- 5
- 12
- 80
- 25
- 70
- 1872
- 441
- 200
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