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 ₹4200 at 12% per year for 2 years (in ₹)?
- 2.What is 30% of 660?
- 3.A fan costs ₹4000. It is sold at a 20% loss. What is the selling price (in ₹)?
- 4.What is 40% of 200?
- 5.A watch costs ₹600. It is sold at a 12% profit. What is the selling price (in ₹)?
- 6.What is the simple interest on ₹3200 at 11% per year for 3 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹700 at 8% per year for 5 years (in ₹)?
- 8.A shopkeeper buys a sewing machine for ₹950 and sells it for ₹1010. What is the profit (in ₹)?
- 9.What is the amount (principal + simple interest) on ₹3700 at 2% per year for 5 years (in ₹)?
- 10.What is the simple interest on ₹6600 at 12% per year for 4 years (in ₹)?
- 11.The price of a bus pass changed from ₹40 to ₹10. What is the percentage decrease?
- 12.A cricket kit bought for ₹3700 is sold for ₹2220. What is the loss per cent?
- 13.The price of a box of mangoes changed from ₹25 to ₹15. What is the percentage decrease?
- 14.What is the amount (principal + simple interest) on ₹6300 at 7% per year for 4 years (in ₹)?
- 15.What is the simple interest on ₹3000 at 4% per year for 4 years (in ₹)?
- 16.A watch bought for ₹1800 is sold for ₹1350. What is the loss per cent?
- 17.A shopkeeper buys a fan for ₹900 and sells it for ₹1170. What is the profit (in ₹)?
- 18.The price of a school bag changed from ₹100 to ₹101. What is the percentage increase?
- 19.A shopkeeper buys a watch for ₹1750 and sells it for ₹1540. What is the loss (in ₹)?
- 20.A shopkeeper buys a fan for ₹1750 and sells it for ₹1820. What is the profit (in ₹)?
- 21.A cricket kit bought for ₹200 is sold for ₹220. What is the profit per cent?
- 22.What is 40% of 740?
- 23.A table bought for ₹1800 is sold for ₹900. What is the loss per cent?
- 24.A table bought for ₹1600 is sold for ₹1792. What is the profit per cent?
- 25.A sewing machine costs ₹2200. It is sold at a 40% loss. What is the selling price (in ₹)?
- 26.A shopkeeper buys a fan for ₹2050 and sells it for ₹2260. What is the profit (in ₹)?
- 27.What is 90% of 580?
- 28.A shopkeeper buys a mobile phone for ₹1500 and sells it for ₹1390. What is the loss (in ₹)?
- 29.What is the amount (principal + simple interest) on ₹6800 at 4% per year for 2 years (in ₹)?
- 30.A cooler costs ₹1300. It is sold at a 15% loss. What is the selling price (in ₹)?
- 31.What is the simple interest on ₹4300 at 10% per year for 2 years (in ₹)?
- 32.A shopkeeper buys a sewing machine for ₹2800 and sells it for ₹2750. What is the loss (in ₹)?
- 33.What is 90% of 780?
- 34.What is the simple interest on ₹7900 at 11% per year for 1 year (in ₹)?
- 35.What is 10% of 1000?
- 36.The price of a pair of shoes changed from ₹80 to ₹152. What is the percentage increase?
- 37.The price of a cricket ball changed from ₹25 to ₹45. What is the percentage increase?
- 38.A shopkeeper buys a mobile phone for ₹2800 and sells it for ₹2600. What is the loss (in ₹)?
- 39.The price of a bus pass changed from ₹25 to ₹20. What is the percentage decrease?
- 40.A sewing machine costs ₹1800. It is sold at a 20% profit. What is the selling price (in ₹)?
Answer key
- 1008
- 198
- 3200
- 80
- 672
- 1056
- 980
- 60
- 4070
- 3168
- 75
- 40
- 40
- 8064
- 480
- 25
- 270
- 1
- 210
- 70
- 10
- 296
- 50
- 12
- 1320
- 210
- 522
- 110
- 7344
- 1105
- 860
- 50
- 702
- 869
- 100
- 90
- 80
- 200
- 20
- 2160
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