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 costs ₹2200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 2.What is 65% of 660?
- 3.What is 5% of 360?
- 4.What is the simple interest on ₹3100 at 2% per year for 2 years (in ₹)?
- 5.What is the amount (principal + simple interest) on ₹800 at 5% per year for 5 years (in ₹)?
- 6.The price of a pair of shoes changed from ₹80 to ₹112. What is the percentage increase?
- 7.What is 85% of 160?
- 8.What is the simple interest on ₹5500 at 7% per year for 1 year (in ₹)?
- 9.A fan costs ₹500. It is sold at a 25% loss. What is the selling price (in ₹)?
- 10.What is 15% of 1000?
- 11.What is the amount (principal + simple interest) on ₹6000 at 12% per year for 1 year (in ₹)?
- 12.A sewing machine costs ₹2300. It is sold at a 25% profit. What is the selling price (in ₹)?
- 13.The price of a pair of shoes changed from ₹50 to ₹10. What is the percentage decrease?
- 14.The price of a box of mangoes changed from ₹20 to ₹30. What is the percentage increase?
- 15.What is the simple interest on ₹3800 at 8% per year for 3 years (in ₹)?
- 16.What is the amount (principal + simple interest) on ₹2500 at 12% per year for 5 years (in ₹)?
- 17.What is 95% of 140?
- 18.A shopkeeper buys a cycle for ₹2550 and sells it for ₹2590. What is the profit (in ₹)?
- 19.What is 35% of 660?
- 20.The price of a box of mangoes changed from ₹400 to ₹360. What is the percentage decrease?
- 21.The price of a cricket ball changed from ₹20 to ₹12. What is the percentage decrease?
- 22.What is the amount (principal + simple interest) on ₹1900 at 3% per year for 1 year (in ₹)?
- 23.What is the amount (principal + simple interest) on ₹9000 at 9% per year for 1 year (in ₹)?
- 24.A shopkeeper buys a cycle for ₹2300 and sells it for ₹2240. What is the loss (in ₹)?
- 25.A shopkeeper buys a table for ₹1100 and sells it for ₹1270. What is the profit (in ₹)?
- 26.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹630. What is the loss (in ₹)?
- 27.What is the simple interest on ₹800 at 8% per year for 1 year (in ₹)?
- 28.A sewing machine bought for ₹400 is sold for ₹520. What is the profit per cent?
- 29.A sewing machine bought for ₹2200 is sold for ₹2750. What is the profit per cent?
- 30.A mobile phone bought for ₹3900 is sold for ₹3432. What is the loss per cent?
- 31.A shopkeeper buys a cycle for ₹850 and sells it for ₹1090. What is the profit (in ₹)?
- 32.A shopkeeper buys a mobile phone for ₹1750 and sells it for ₹1720. What is the loss (in ₹)?
- 33.A cricket kit costs ₹2100. It is sold at a 30% loss. What is the selling price (in ₹)?
- 34.A table costs ₹1600. It is sold at a 10% profit. What is the selling price (in ₹)?
- 35.A fan bought for ₹300 is sold for ₹285. What is the loss per cent?
- 36.What is the amount (principal + simple interest) on ₹8300 at 3% per year for 4 years (in ₹)?
- 37.A table bought for ₹1000 is sold for ₹880. What is the loss per cent?
- 38.A cycle costs ₹200. It is sold at a 50% profit. What is the selling price (in ₹)?
- 39.What is the simple interest on ₹7300 at 4% per year for 5 years (in ₹)?
- 40.A cycle bought for ₹3100 is sold for ₹2945. What is the loss per cent?
Answer key
- 2750
- 429
- 18
- 124
- 1000
- 40
- 136
- 385
- 375
- 150
- 6720
- 2875
- 80
- 50
- 912
- 4000
- 133
- 40
- 231
- 10
- 40
- 1957
- 9810
- 60
- 170
- 270
- 64
- 30
- 25
- 12
- 240
- 30
- 1470
- 1760
- 5
- 9296
- 12
- 300
- 1460
- 5
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