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 ₹600. It is sold at a 5% profit. What is the selling price (in ₹)?
- 2.What is the simple interest on ₹2900 at 8% per year for 3 years (in ₹)?
- 3.What is the amount (principal + simple interest) on ₹2800 at 3% per year for 5 years (in ₹)?
- 4.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹460. What is the loss (in ₹)?
- 5.What is the simple interest on ₹8800 at 12% per year for 4 years (in ₹)?
- 6.What is the simple interest on ₹8500 at 2% per year for 5 years (in ₹)?
- 7.A shopkeeper buys a cricket kit for ₹550 and sells it for ₹730. What is the profit (in ₹)?
- 8.The price of a school bag changed from ₹200 to ₹350. What is the percentage increase?
- 9.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹890. What is the profit (in ₹)?
- 10.What is the amount (principal + simple interest) on ₹1400 at 2% per year for 4 years (in ₹)?
- 11.What is 20% of 980?
- 12.What is the amount (principal + simple interest) on ₹8100 at 8% per year for 1 year (in ₹)?
- 13.What is the simple interest on ₹5800 at 9% per year for 5 years (in ₹)?
- 14.What is 95% of 740?
- 15.What is 95% of 80?
- 16.What is the amount (principal + simple interest) on ₹5700 at 6% per year for 3 years (in ₹)?
- 17.The price of a cricket ball changed from ₹25 to ₹30. What is the percentage increase?
- 18.A shopkeeper buys a cycle for ₹2600 and sells it for ₹2380. What is the loss (in ₹)?
- 19.A sewing machine bought for ₹2600 is sold for ₹2288. What is the loss per cent?
- 20.A fan bought for ₹2600 is sold for ₹2340. What is the loss per cent?
- 21.What is the simple interest on ₹4100 at 2% per year for 4 years (in ₹)?
- 22.A cycle costs ₹1700. It is sold at a 10% loss. What is the selling price (in ₹)?
- 23.A table bought for ₹1200 is sold for ₹600. What is the loss per cent?
- 24.What is the amount (principal + simple interest) on ₹9400 at 8% per year for 5 years (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹9700 at 7% per year for 1 year (in ₹)?
- 26.What is the simple interest on ₹5700 at 11% per year for 4 years (in ₹)?
- 27.The price of a pair of shoes changed from ₹80 to ₹76. What is the percentage decrease?
- 28.What is 70% of 840?
- 29.What is 75% of 720?
- 30.What is 95% of 880?
- 31.What is the simple interest on ₹8800 at 10% per year for 5 years (in ₹)?
- 32.The price of a bus pass changed from ₹50 to ₹40. What is the percentage decrease?
- 33.What is 5% of 160?
- 34.A sewing machine bought for ₹3600 is sold for ₹5040. What is the profit per cent?
- 35.What is the simple interest on ₹9600 at 5% per year for 5 years (in ₹)?
- 36.What is 25% of 620?
- 37.A watch costs ₹3000. It is sold at a 30% loss. What is the selling price (in ₹)?
- 38.A mobile phone bought for ₹3500 is sold for ₹4375. What is the profit per cent?
- 39.A shopkeeper buys a fan for ₹2950 and sells it for ₹2930. What is the loss (in ₹)?
- 40.What is the simple interest on ₹3200 at 4% per year for 4 years (in ₹)?
Answer key
- 630
- 696
- 3220
- 90
- 4224
- 850
- 180
- 75
- 40
- 1512
- 196
- 8748
- 2610
- 703
- 76
- 6726
- 20
- 220
- 12
- 10
- 328
- 1530
- 50
- 13160
- 10379
- 2508
- 5
- 588
- 540
- 836
- 4400
- 20
- 8
- 40
- 2400
- 155
- 2100
- 25
- 20
- 512
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