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 cooler bought for ₹3900 is sold for ₹3120. What is the loss per cent?
- 2.A watch costs ₹1800. It is sold at a 50% profit. What is the selling price (in ₹)?
- 3.What is the simple interest on ₹7900 at 9% per year for 2 years (in ₹)?
- 4.What is 20% of 220?
- 5.The price of a school bag changed from ₹500 to ₹125. What is the percentage decrease?
- 6.What is the simple interest on ₹1400 at 9% per year for 4 years (in ₹)?
- 7.A shopkeeper buys a mobile phone for ₹1050 and sells it for ₹950. What is the loss (in ₹)?
- 8.What is the simple interest on ₹5400 at 9% per year for 5 years (in ₹)?
- 9.A cycle bought for ₹3500 is sold for ₹4025. What is the profit per cent?
- 10.A cycle bought for ₹1600 is sold for ₹1440. What is the loss per cent?
- 11.A shopkeeper buys a sewing machine for ₹2050 and sells it for ₹2130. What is the profit (in ₹)?
- 12.A mobile phone bought for ₹1300 is sold for ₹1625. What is the profit per cent?
- 13.The price of a water bottle changed from ₹80 to ₹8. What is the percentage decrease?
- 14.A shopkeeper buys a table for ₹850 and sells it for ₹950. What is the profit (in ₹)?
- 15.A cycle costs ₹3500. It is sold at a 20% loss. What is the selling price (in ₹)?
- 16.A table costs ₹400. It is sold at a 10% loss. What is the selling price (in ₹)?
- 17.A fan bought for ₹200 is sold for ₹250. What is the profit per cent?
- 18.A mobile phone bought for ₹2600 is sold for ₹1300. What is the loss per cent?
- 19.A cycle costs ₹3300. It is sold at a 40% loss. What is the selling price (in ₹)?
- 20.A sewing machine bought for ₹1200 is sold for ₹1800. What is the profit per cent?
- 21.What is the amount (principal + simple interest) on ₹8800 at 4% per year for 1 year (in ₹)?
- 22.A cricket kit costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 23.A cricket kit costs ₹1800. It is sold at a 12% profit. What is the selling price (in ₹)?
- 24.A mobile phone costs ₹4000. It is sold at a 40% profit. What is the selling price (in ₹)?
- 25.What is the amount (principal + simple interest) on ₹8900 at 11% per year for 5 years (in ₹)?
- 26.A watch bought for ₹1700 is sold for ₹1445. What is the loss per cent?
- 27.What is 90% of 600?
- 28.A cycle costs ₹2100. It is sold at a 25% profit. What is the selling price (in ₹)?
- 29.A shopkeeper buys a mobile phone for ₹1550 and sells it for ₹1730. What is the profit (in ₹)?
- 30.What is the simple interest on ₹6200 at 8% per year for 3 years (in ₹)?
- 31.What is the amount (principal + simple interest) on ₹9300 at 3% per year for 5 years (in ₹)?
- 32.What is the amount (principal + simple interest) on ₹9200 at 11% per year for 3 years (in ₹)?
- 33.The price of a water bottle changed from ₹400 to ₹440. What is the percentage increase?
- 34.What is 60% of 620?
- 35.A shopkeeper buys a cricket kit for ₹900 and sells it for ₹1070. What is the profit (in ₹)?
- 36.A shopkeeper buys a cooler for ₹200 and sells it for ₹40. What is the loss (in ₹)?
- 37.A cycle bought for ₹600 is sold for ₹690. What is the profit per cent?
- 38.What is 5% of 120?
- 39.What is the simple interest on ₹800 at 2% per year for 3 years (in ₹)?
- 40.What is the simple interest on ₹4300 at 11% per year for 1 year (in ₹)?
Answer key
- 20
- 2700
- 1422
- 44
- 75
- 504
- 100
- 2430
- 15
- 10
- 80
- 25
- 90
- 100
- 2800
- 360
- 25
- 50
- 1980
- 50
- 9152
- 5850
- 2016
- 5600
- 13795
- 15
- 540
- 2625
- 180
- 1488
- 10695
- 12236
- 10
- 372
- 170
- 160
- 15
- 6
- 48
- 473
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