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 sewing machine costs ₹3000. It is sold at a 12% profit. What is the selling price (in ₹)?
- 2.A cooler bought for ₹3400 is sold for ₹2992. What is the loss per cent?
- 3.A table costs ₹1300. It is sold at a 12% profit. What is the selling price (in ₹)?
- 4.A cycle costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 5.A shopkeeper buys a watch for ₹350 and sells it for ₹360. What is the profit (in ₹)?
- 6.The price of a water bottle changed from ₹20 to ₹32. What is the percentage increase?
- 7.What is 45% of 460?
- 8.A shopkeeper buys a cycle for ₹1250 and sells it for ₹1000. What is the loss (in ₹)?
- 9.A shopkeeper buys a sewing machine for ₹1900 and sells it for ₹1940. What is the profit (in ₹)?
- 10.What is the simple interest on ₹2500 at 9% per year for 3 years (in ₹)?
- 11.A fan costs ₹3700. It is sold at a 20% loss. What is the selling price (in ₹)?
- 12.What is 55% of 620?
- 13.What is the amount (principal + simple interest) on ₹5000 at 9% per year for 1 year (in ₹)?
- 14.What is the amount (principal + simple interest) on ₹1100 at 2% per year for 4 years (in ₹)?
- 15.What is the simple interest on ₹5200 at 12% per year for 4 years (in ₹)?
- 16.The price of a pair of shoes changed from ₹80 to ₹88. What is the percentage increase?
- 17.A mobile phone costs ₹700. It is sold at a 10% profit. What is the selling price (in ₹)?
- 18.A cooler bought for ₹2000 is sold for ₹2100. What is the profit per cent?
- 19.A cycle bought for ₹2900 is sold for ₹2755. What is the loss per cent?
- 20.A table costs ₹700. It is sold at a 5% profit. What is the selling price (in ₹)?
- 21.What is the simple interest on ₹2900 at 2% per year for 2 years (in ₹)?
- 22.What is 10% of 460?
- 23.The price of a bus pass changed from ₹25 to ₹45. What is the percentage increase?
- 24.A cycle bought for ₹1200 is sold for ₹1344. What is the profit per cent?
- 25.What is the simple interest on ₹4700 at 8% per year for 3 years (in ₹)?
- 26.What is the amount (principal + simple interest) on ₹700 at 4% per year for 1 year (in ₹)?
- 27.What is the simple interest on ₹1800 at 8% per year for 1 year (in ₹)?
- 28.A shopkeeper buys a cricket kit for ₹1350 and sells it for ₹1320. What is the loss (in ₹)?
- 29.What is 5% of 440?
- 30.What is the simple interest on ₹9800 at 11% per year for 4 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹5500 at 7% per year for 5 years (in ₹)?
- 32.What is 95% of 600?
- 33.A shopkeeper buys a cycle for ₹1000 and sells it for ₹810. What is the loss (in ₹)?
- 34.What is 20% of 400?
- 35.A shopkeeper buys a cycle for ₹1050 and sells it for ₹1230. What is the profit (in ₹)?
- 36.What is the amount (principal + simple interest) on ₹6300 at 9% per year for 5 years (in ₹)?
- 37.What is the amount (principal + simple interest) on ₹5400 at 6% per year for 4 years (in ₹)?
- 38.What is the amount (principal + simple interest) on ₹6000 at 3% per year for 3 years (in ₹)?
- 39.What is 75% of 340?
- 40.What is the simple interest on ₹4000 at 3% per year for 1 year (in ₹)?
Answer key
- 3360
- 12
- 1456
- 360
- 10
- 60
- 207
- 250
- 40
- 675
- 2960
- 341
- 5450
- 1188
- 2496
- 10
- 770
- 5
- 5
- 735
- 116
- 46
- 80
- 12
- 1128
- 728
- 144
- 30
- 22
- 4312
- 7425
- 570
- 190
- 80
- 180
- 9135
- 6696
- 6540
- 255
- 120
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