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 table bought for ₹2100 is sold for ₹1050. What is the loss per cent?
- 2.What is the simple interest on ₹4600 at 2% per year for 4 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹9400 at 7% per year for 3 years (in ₹)?
- 4.The price of a school bag changed from ₹50 to ₹65. What is the percentage increase?
- 5.A table costs ₹2000. It is sold at a 25% profit. What is the selling price (in ₹)?
- 6.A mobile phone costs ₹1100. It is sold at a 40% profit. What is the selling price (in ₹)?
- 7.A cycle costs ₹400. It is sold at a 30% profit. What is the selling price (in ₹)?
- 8.A mobile phone costs ₹1400. It is sold at a 12% loss. What is the selling price (in ₹)?
- 9.What is the simple interest on ₹500 at 10% per year for 3 years (in ₹)?
- 10.What is the simple interest on ₹7300 at 5% per year for 4 years (in ₹)?
- 11.A cooler bought for ₹1800 is sold for ₹1584. What is the loss per cent?
- 12.A cooler bought for ₹3700 is sold for ₹1850. What is the loss per cent?
- 13.A shopkeeper buys a watch for ₹1950 and sells it for ₹1740. What is the loss (in ₹)?
- 14.What is 15% of 460?
- 15.What is the simple interest on ₹9400 at 6% per year for 5 years (in ₹)?
- 16.A cricket kit costs ₹600. It is sold at a 20% loss. What is the selling price (in ₹)?
- 17.The price of a pair of shoes changed from ₹400 to ₹520. What is the percentage increase?
- 18.What is the simple interest on ₹9000 at 12% per year for 4 years (in ₹)?
- 19.What is the amount (principal + simple interest) on ₹1900 at 2% per year for 4 years (in ₹)?
- 20.The price of a school bag changed from ₹200 to ₹150. What is the percentage decrease?
- 21.A mobile phone bought for ₹3900 is sold for ₹3120. What is the loss per cent?
- 22.A fan bought for ₹3700 is sold for ₹3885. What is the profit per cent?
- 23.What is the simple interest on ₹9000 at 2% per year for 4 years (in ₹)?
- 24.A shopkeeper buys a watch for ₹2800 and sells it for ₹2680. What is the loss (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹7400 at 6% per year for 2 years (in ₹)?
- 26.What is 25% of 900?
- 27.The price of a cricket ball changed from ₹500 to ₹200. What is the percentage decrease?
- 28.The price of a school bag changed from ₹100 to ₹120. What is the percentage increase?
- 29.What is the amount (principal + simple interest) on ₹2800 at 5% per year for 2 years (in ₹)?
- 30.A sewing machine bought for ₹400 is sold for ₹440. What is the profit per cent?
- 31.What is the amount (principal + simple interest) on ₹5100 at 6% per year for 3 years (in ₹)?
- 32.What is 15% of 400?
- 33.A table bought for ₹2200 is sold for ₹1320. What is the loss per cent?
- 34.A shopkeeper buys a watch for ₹2700 and sells it for ₹2680. What is the loss (in ₹)?
- 35.What is the simple interest on ₹2600 at 2% per year for 3 years (in ₹)?
- 36.A shopkeeper buys a mobile phone for ₹550 and sells it for ₹260. What is the loss (in ₹)?
- 37.A cooler bought for ₹400 is sold for ₹600. What is the profit per cent?
- 38.A mobile phone bought for ₹3500 is sold for ₹4025. What is the profit per cent?
- 39.What is the simple interest on ₹6200 at 10% per year for 1 year (in ₹)?
- 40.What is the amount (principal + simple interest) on ₹4000 at 9% per year for 1 year (in ₹)?
Answer key
- 50
- 368
- 11374
- 30
- 2500
- 1540
- 520
- 1232
- 150
- 1460
- 12
- 50
- 210
- 69
- 2820
- 480
- 30
- 4320
- 2052
- 25
- 20
- 5
- 720
- 120
- 8288
- 225
- 60
- 20
- 3080
- 10
- 6018
- 60
- 40
- 20
- 156
- 290
- 50
- 15
- 620
- 4360
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